Table of Contents

company-logo

Southern First Bancshares, Inc. operates as the bank holding company for Southern First Bank that provides various banking products and services to general public in South Carolina, North Carolina, and Georgia. It operates through three segments: Commercial and Retail Banking, Mortgage Banking, and Corporate Operations. The company accepts various deposit products that include checking accounts, commercial checking accounts, and savings accounts, as well as other time deposits, including daily money market accounts and long-term certificates of deposit. Its loan portfolio comprises commercial real estate loans; construction real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit. In addition, the company provides other bank services, such as internet banking, cash management, safe deposit boxes, direct deposit, automatic drafts, bill payment, and mobile banking services. It operates through eight retail offices located in Greenville, Charleston, and Columbia; three retail offices located in Raleigh, Greensboro, and Charlotte markets; and one retail office located in Atlanta. The company was incorporated in 1999 and is headquartered in Greenville, South Carolina.

Southern First Bancshares Dividend Announcement

• Southern First Bancshares does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Southern First Bancshares dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Southern First Bancshares Dividend History

Southern First Bancshares Dividend Yield

Southern First Bancshares current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Southern First Bancshares stock? Use our calculator to estimate your expected dividend yield:

Southern First Bancshares Financial Ratios

P/E ratio21.69
PEG ratio2.36
P/B ratio0.93
ROE4.42%
Payout ratio0.00%
Current ratio0.11
Quick ratio0.11
Cash Ratio0.01

Southern First Bancshares Dividend FAQ

Does Southern First Bancshares stock pay dividends?
Southern First Bancshares does not currently pay dividends to its shareholders.
Has Southern First Bancshares ever paid a dividend?
No, Southern First Bancshares has no a history of paying dividends to its shareholders. Southern First Bancshares is not known for its dividend payments.
Why doesn't Southern First Bancshares pay dividends?
There are several potential reasons why Southern First Bancshares would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Southern First Bancshares ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Southern First Bancshares has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Southern First Bancshares a dividend aristocrat?
Southern First Bancshares is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Southern First Bancshares a dividend king?
Southern First Bancshares is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Southern First Bancshares a dividend stock?
No, Southern First Bancshares is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Southern First Bancshares stocks?
To buy Southern First Bancshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Southern First Bancshares stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.