Southern First Bancshares (SFST) Tax Rate (2010 - 2026)
Southern First Bancshares (SFST) reported Tax Rate of 20.8% for Q1 2026, down 300.0% year-over-year from 10.4% in Q1 2025, and down 36.59% quarter-over-quarter from 32.81% in Q4 2025.
Southern First Bancshares (SFST) Tax Rate (2010 - 2026) Analysis & Trends
Southern First Bancshares (SFST) has 17 years of Tax Rate data on file, last reported at 20.8% in Q1 2026.
- Tax Rate for Q1 2026 came in at 20.8%, down 300.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.39% (up 799.0% YoY), and the FY2025 annual result was 26.55%, up 1001.0% from the prior year.
- Tax Rate eased to 20.8% in Q1 2026 per SFST's latest filing, from 32.81% in the prior quarter.
- Over five years, Tax Rate peaked at 32.81% in Q4 2025 and troughed at 24.68% in Q4 2023.
- A 5-year average of 19.96% and a median of 23.49% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate sank 4719 bps in 2023, then surged 3021 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 22.52% in 2022, then plunged by 210 bps to 24.68% in 2023, then surged by 111 bps to 2.6% in 2024, then surged by 1163 bps to 32.81% in 2025, then sank by 37 bps to 20.8% in 2026.
- Business Quant data shows SFST's Tax Rate at 20.8% in Q1 2026, 32.81% in Q4 2025, and 23.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Southern First Bancshares | 496.58 Mn | 148.59 Mn | 1.09 Mn | 20.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.80% |
| Mar 31, 2026 | 20.80% |
| Dec 31, 2025 | 32.81% |
| Dec 31, 2025 | 32.81% |
| Sep 30, 2025 | 23.57% |
| Sep 30, 2025 | 23.57% |
| Jun 30, 2025 | 23.41% |
| Jun 30, 2025 | 23.41% |
| Mar 31, 2025 | 23.80% |
| Mar 31, 2025 | 23.80% |
| Dec 31, 2024 | 2.60% |
| Dec 31, 2024 | 2.60% |
| Sep 30, 2024 | 23.49% |
| Sep 30, 2024 | 23.49% |
| Jun 30, 2024 | 23.26% |
| Jun 30, 2024 | 23.26% |
| Mar 31, 2024 | 25.47% |
| Mar 31, 2024 | 25.47% |
| Dec 31, 2023 | -24.68% |
| Dec 31, 2023 | -24.68% |