ServisFirst's loan pipeline hit record levels while net interest margin expanded 53 basis points to 3.63%, powering a 40% jump in net income that far outpaced the modest EPS beat. The regional bank is running leaner too, with the efficiency ratio improving to 29.65% from 33.46% a year ago.
ServisFirst Bancshares :
SFBS
SFBS
Stock Data
$88.92
$0.24 (0.27%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
ServisFirst Bancshares Inc, headquartered in Birmingham, Alabama, is a prominent bank holding company for ServisFirst Bank, offering a wide array of banking services to both individuals and businesses. Since its inception in 2005, it has grown to support customers with services including various deposit accounts, commercial and personal lending, and a suite of other financial services like mobile banking, treasury management, and more. It also extends its banking expertise to other financial institutions through correspondent banking services, highlighting its comprehensive approach to banking solutions across Alabama, Florida, Georgia, and Tennessee.
Latest Activity
ServisFirst Bancshares reports after the close on regional bank fundamentals in a pinched rate environment, with efficiency and loan growth likely under close scrutiny.
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