Southern First Bancshares (SFST) Tax Provisions (2010 - 2026)
Southern First Bancshares (SFST) posted quarterly Tax Provisions of $2.6 million for Q1 2026, up 57.87% year-over-year from $1.6 million in Q1 2025, and down 38.37% quarter-over-quarter from $4.2 million in Q4 2025.
Southern First Bancshares (SFST) Tax Provisions (2010 - 2026) Analysis & Trends
Southern First Bancshares (SFST) has reported Tax Provisions for 17 consecutive years, with $2.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 57.87% year-over-year to $2.6 million; the TTM figure through Mar 2026 stood at $11.5 million (up 1075.26% YoY), while the FY2025 annual figure was $10.5 million, up 5306.15% from the prior year.
- Tax Provisions declined to $2.6 million in Q1 2026 per SFST's latest filing, from $4.2 million in the prior quarter.
- Across five years, Tax Provisions topped out at $4.2 million in Q4 2025 and bottomed at -$2.9 million in Q4 2024.
- Historically, Tax Provisions has averaged $1.6 million across 5 years, with a median of $1.6 million in 2022.
- Annual changes were most pronounced in 2024 — Tax Provisions tumbled 308.94% — and 2025, when it soared 244.27%.
- Southern First Bancshares' Tax Provisions stood at $1.6 million in 2022, then fell by 12.41% to $1.4 million in 2023, then sank by 308.94% to -$2.9 million in 2024, then jumped by 244.27% to $4.2 million in 2025, then tumbled by 38.37% to $2.6 million in 2026.
- Business Quant data shows SFST's Tax Provisions at $2.6 million in Q1 2026, $4.2 million in Q4 2025, and $2.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Southern First Bancshares | 581.39 Mn | 199.27 Mn | 900,000.00 | 3.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.27 Mn |
| Mar 31, 2026 | 2.60 Mn |
| Dec 31, 2025 | 4.21 Mn |
| Sep 30, 2025 | 2.67 Mn |
| Jun 30, 2025 | 2.01 Mn |
| Mar 31, 2025 | 1.65 Mn |
| Dec 31, 2024 | -2.92 Mn |
| Sep 30, 2024 | 1.35 Mn |
| Jun 30, 2024 | 909,000.00 |
| Mar 31, 2024 | 862,000.00 |
| Dec 31, 2023 | 1.40 Mn |
| Sep 30, 2023 | 1.20 Mn |
| Jun 30, 2023 | 800,000.00 |
| Mar 31, 2023 | 836,000.00 |
| Dec 31, 2022 | 1.60 Mn |
| Sep 30, 2022 | 2.73 Mn |
| Jun 30, 2022 | 2.35 Mn |
| Mar 31, 2022 | 2.33 Mn |
| Dec 31, 2021 | 3.65 Mn |
| Sep 30, 2021 | 4.36 Mn |