Southern First Bancshares (SFST) Gross Margin (2017 - 2026)
Southern First Bancshares' (SFST) quarterly Gross Margin came in at 73.28% in Q1 2026, down 46.0% year-on-year from 135.69% in Q1 2025, and down 7.85% on a QoQ basis from 79.51% in Q4 2025.
Southern First Bancshares (SFST) Gross Margin (2017 - 2026) Analysis & Trends
Southern First Bancshares (SFST) has 10 years of Gross Margin data on file, last reported at 73.28% in Q1 2026.
- On a quarterly basis, Gross Margin fell 46.0% year-over-year to 73.28% in Q1 2026; TTM through Mar 2026 was 75.53%, a 12.0% decrease from a year earlier, with the FY2025 full-year figure at 75.66%, up 106.0% from the prior year.
- Gross Margin for Q1 2026 stood at 73.28%, down from 79.51% in the prior quarter.
- Over the last five years, Gross Margin for SFST reached as high as 82.2% in Q1 2022 and fell as low as 3.09% in Q4 2022.
- Historically, Gross Margin has averaged 67.58% across 5 years, with a median of 73.74% in 2025.
- Across the five-year window, Gross Margin sank 8344 bps in 2022 and surged 5514 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 3.09% in 2022, then surged by 1783 bps to 58.23% in 2023, then gained by 16 bps to 67.29% in 2024, then grew by 18 bps to 79.51% in 2025, then declined by 8 bps to 73.28% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 73.28% in Q1 2026, 79.51% in Q4 2025, and 74.25% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -244.16% |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 80.84% |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 30.54% |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Southern First Bancshares | 499.40 Mn | 151.41 Mn | 1.09 Mn | 73.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.28% |
| Dec 31, 2025 | 79.51% |
| Sep 30, 2025 | 74.25% |
| Jun 30, 2025 | 74.70% |
| Mar 31, 2025 | 73.74% |
| Dec 31, 2024 | 67.29% |
| Sep 30, 2024 | 77.98% |
| Jun 30, 2024 | 79.77% |
| Mar 31, 2024 | 68.30% |
| Dec 31, 2023 | 58.23% |
| Sep 30, 2023 | 75.75% |
| Jun 30, 2023 | 74.94% |
| Mar 31, 2023 | 41.16% |
| Dec 31, 2022 | 3.09% |
| Sep 30, 2022 | 72.52% |
| Jun 30, 2022 | 72.21% |
| Mar 31, 2022 | 82.20% |
| Dec 31, 2021 | 86.54% |
| Sep 30, 2021 | 91.27% |
| Jun 30, 2021 | 89.51% |