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Date | Price Target | Rating | Analyst |
---|---|---|---|
10/22/2024 | $80.00 → $91.00 | Market Perform | Hovde Group |
7/16/2024 | $68.00 → $76.00 | Market Perform | Hovde Group |
4/6/2023 | Mkt Perform | Raymond James | |
8/20/2021 | Neutral | Seaport Global |
ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights: Diluted EPS grew 16% from the second quarter of 2024, and 12% year-over-year. Net interest margin increased 5 basis points from the second quarter of 2024. Net income grew by 15% from the second quarter of 2024 and 12% year-over-year. Non-interest-bearing deposits grew by $101 million, or 16% annualized from the second quarter of 2024. Loans grew by 6.0% year-over-year. Credit quality continues to be strong with non-performing assets to total assets of 0.25%. Liquidity remains solid with over $1.76 billion in cash an
ServisFirst Bancshares, Inc., (NYSE:SFBS) ("ServisFirst"), the holding company for ServisFirst Bank, today announces: At a meeting held on September 16, 2024, its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on October 8, 2024, to stockholders of record as of October 1, 2024. About ServisFirst Bancshares, Inc. ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Atlanta, Birmingham, Charleston, Dothan, Huntsville, Mobile, Montgomery, North Carolina, Northwest Florida, Tennessee, Virgin
ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended June 30, 2024. Second Quarter 2024 Highlights: Diluted EPS grew from $0.92 in the first quarter of 2024 to $0.95 in the second quarter of 2024. Net interest margin increased 13 basis points from the first quarter of 2024. Deposits grew by 16% annualized from the first quarter of 2024 and 8% year-over-year. Loans grew by 15% annualized from the first quarter of 2024 and 6% year-over-year. Credit quality continues to be strong with non-performing assets to total assets of 0.23%. Liquidity remains strong with over $1.3 billion in cash and no FHLB advances or broker
ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights: Diluted EPS grew 16% from the second quarter of 2024, and 12% year-over-year. Net interest margin increased 5 basis points from the second quarter of 2024. Net income grew by 15% from the second quarter of 2024 and 12% year-over-year. Non-interest-bearing deposits grew by $101 million, or 16% annualized from the second quarter of 2024. Loans grew by 6.0% year-over-year. Credit quality continues to be strong with non-performing assets to total assets of 0.25%. Liquidity remains solid with over $1.76 billion in cash an
ServisFirst Bancshares, Inc., (NYSE:SFBS) ("ServisFirst"), the holding company for ServisFirst Bank, today announces: At a meeting held on September 16, 2024, its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on October 8, 2024, to stockholders of record as of October 1, 2024. About ServisFirst Bancshares, Inc. ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Atlanta, Birmingham, Charleston, Dothan, Huntsville, Mobile, Montgomery, North Carolina, Northwest Florida, Tennessee, Virgin
Recognized for Exceptional Performance for the Third Year in a Row ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce they have ranked fourth in the top publicly traded banks with between $10 billion to $50 billion in assets, based on year-end 2023 data. ServisFirst Bancshares is the only bank in Alabama that made it into the top ten, and this is the third year in a row that the bank has achieved a top-five ranking. The annual list is compiled by consulting firm Capital Performance Group, which uses each institution's three-year average return on average equity, or ROAE, to determine the ranking. These rankings are published annually by American
4 - ServisFirst Bancshares, Inc. (0001430723) (Issuer)
3 - ServisFirst Bancshares, Inc. (0001430723) (Issuer)
4 - ServisFirst Bancshares, Inc. (0001430723) (Issuer)
8-K - ServisFirst Bancshares, Inc. (0001430723) (Filer)
10-Q - ServisFirst Bancshares, Inc. (0001430723) (Filer)
8-K - ServisFirst Bancshares, Inc. (0001430723) (Filer)
U.S. regional banks are experiencing sessions of significant gains, as growing expectations for interest rate cuts fueled an investor rotation from large-cap to small-cap stocks. The SPDR S&P Regional Banking ETF (NYSE:KRE) — a widely followed gauge for the industry — rallied as much as 4.5% on Tuesday, marking the strongest session since December 2023. Notably, the recent five-day rally of nearly 15% was the strongest for regional banks since November 2020. With Tuesday’s move, regional banks have effectively recouped all losses suffered after March 9, 2023, characterized by the failure of Silicon Valley Bank and Signature Bank. “Lending conditions for commercial and industrial
Shares of The Charles Schwab Corporation (NYSE:SCHW) fell sharply during Tuesday's session following second-quarter results. Charles Schwab said adjusted net income declined 2% Y/Y to $1.465 billion. Adjusted EPS fell 3% Y/Y to 73 cents, beating the consensus of 72 cents, according to data from Benzinga Pro. Charles Schwab shares dipped 7.5% to $69.42 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Yoshitsu Co., Ltd (NASDAQ:TKLF) jumped 109% to $0.6437 after the company reported a year-over-year increase in FY24 financial results. Silo Pharma, Inc. (NASDAQ:SILO) shares climbed 95.4% to $2.12 after the company obtained an exclusive global l
U.S. stocks were mostly higher, with the Dow Jones index gaining around 550 points on Tuesday. Shares of UnitedHealth Group Incorporated (NYSE:UNH) rose sharply during Tuesday's session following a second-quarter earnings beat. The company reported adjusted EPS of $6.80, up from $6.14 a year ago, beating the consensus of $6.66, according to data from Benzinga Pro. UnitedHealth’s revenues increased nearly $6 billion (+6.4% Y/Y) to $98.86 billion, beating the consensus of $98.34 billion, led by expansion in people served domestically at Optum and UnitedHealthcare. UnitedHealth Group shares gained 5.7% to $544.96 on Tuesday. Here are some other big stocks recording gains in today’s
Hovde Group reiterated coverage of ServisFirst Bancshares with a rating of Market Perform and set a new price target of $91.00 from $80.00 previously
Hovde Group reiterated coverage of ServisFirst Bancshares with a rating of Market Perform and set a new price target of $76.00 from $68.00 previously
Raymond James resumed coverage of ServisFirst Bancshares with a rating of Mkt Perform
SC 13G/A - ServisFirst Bancshares, Inc. (0001430723) (Subject)
SC 13G/A - ServisFirst Bancshares, Inc. (0001430723) (Subject)
SC 13G/A - ServisFirst Bancshares, Inc. (0001430723) (Subject)
Kirk Pressley Appointed as CFO Successor ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announces the retirement of founding Chief Financial Officer, William "Bud" Foshee, effective after the filing of the Form 10-K in February of 2024. Kirk Pressley has been appointed as successor to the role of CFO. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231102393369/en/Bud Foshee (Photo: Business Wire) "Bud has guided us through our formation and initial stock sale of $35 million to our current standing as a $16 billion company with an unprecedented record of financial success over the past 19 years. ServisFir
Top-Ranked, Regional Bank Hires Four Local Bankers ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), proudly announces the addition of several new hires to its Montgomery office. With an extensive background in the banking industry, these new team members are set to enhance the bank's commitment to excellence and customer service. "We are thrilled to welcome these exceptional professionals to the Montgomery team," states Carl Barker, ServisFirst Bank Montgomery Executive Vice President and Regional CEO. "Their wealth of experience in the industry is a valuable asset to ServisFirst Bank Montgomery, and we eagerly anticipate the positive impact they will have on our cl