Southern First Bancshares Q3 net income rises 41.2% to $12.2M; diluted EPS up 19.6% to $1.28

Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~2 min read

Key Changes

• high

  Net income to common shareholders rose 41.2% to $12.2 million in Q3 2026, while diluted EPS increased 19.6% to $1.28, reflecting a higher share count from the April 2026 stock offering.

  MD&A: Net income and EPS verify on EDGAR →
• high

  Net interest income grew 25.9% to $34.7 million, and the tax-equivalent net interest margin expanded 40 basis points to 3.02%, driven by loan growth and lower deposit costs.

  MD&A: Net interest income and margin verify on EDGAR →
• high

  The company raised $61.3 million in net proceeds from a 1,207,500-share common stock offering in April 2026 and used part of the proceeds to redeem all $11.5 million of outstanding subordinated notes.

  MD&A: Capital raise and subordinated debt redemption verify on EDGAR →