Southern Financial Corp Overview
Industry: Banks-Regional
Sector: Financial Services
Southern Financial Corporation operates as a holding company for the Southern Bank that provides various banking products and services. It offers personal and business checking accounts; savings and money market accounts; certificates of deposits; mortgages; business lending services; and digital banking services. The company was formerly known as Sardis Bankshares, Inc. and changed its name to Southern Financial Corporation in April 2021. Southern Financial Corporation was founded in 1945 and is based in Spartanburg, South Carolina.
Southern Financial Corp is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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