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

Trusted Team of Veteran Bankers Join New Office in Auburn-Opelika ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is proud to announce the opening of its 14th office location in Alabama, located in Auburn-Opelika. This strategic growth is supported by the addition of four seasoned banking professionals, two mortgage lenders, and a lending assistant, bringing a wealth of experience and a deep commitment to exceptional customer service. ServisFirst Bank Auburn-Opelika welcomes David Reaves as Market President, Troy Godwin and Jeff Stanfield as Sr. Vice President, Commercial Banking Officers, and Joanna Reaves as Vice President, Private Banking Officer. Additionally,

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) is scheduled to announce earnings and operating results for the quarter ended June 30, 2024 on July 15, 2024 at 4 p.m. ET. The news release will be available at www.servisfirstbancshares.com. ServisFirst Bancshares, Inc. will host a live audio webcast to discuss earnings and results on Monday, July 15, 2024 beginning at 5:15 p.m. ET. The audio webcast can be accessed at www.servisfirstbancshares.com. A replay of the call will be available until July 31, 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

ServisFirst Bancshares, Inc., (NYSE:SFBS) ("ServisFirst"), the holding company for ServisFirst Bank, today announces: At a meeting held on June 17, 2024, its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on July 9, 2024, to stockholders of record as of July 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, Virgina Beach,

ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights: Loans grew by 8% annualized for the first quarter of 2024. Net interest margin increased to 2.66% for the first quarter of 2024 from 2.57% for the fourth quarter of 2023. Credit quality continues to be strong with non-performing assets to total assets of 0.22%. Deposits grew 10% year-over-year. Book value per share of $27.08, up 10% from the first quarter of 2023. Tom Broughton, Chairman, President, and CEO, said, "We hired nine new bankers during the first quarter after seven in the fourth quarter and we continue t

Trusted Team of Veteran Bankers Join New Office in Memphis, Tennessee ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), proudly announces its expansion in the Tennessee region by adding a new office in Memphis, Tennessee. Eight veteran bankers have joined the bank's commitment to excellence and customer service in the Memphis community. ServisFirst Bank Memphis welcomes Joel E. Smith as Market President, Scott Forman as Sr. Vice President, Commercial Banking, and Michael Joyner as Sr. Vice President, Commercial Banking Relationship Manager. Coers Adams joins as Vice President, Commercial Banking, Harriette Stevens joins as Vice President, Private Banking and Regional

ServisFirst Bancshares, Inc. (NYSE:SFBS) is scheduled to announce earnings and operating results for the quarter ended March 31, 2024 on April 22, 2024 at 4 p.m. ET. The news release will be available at www.servisfirstbancshares.com. ServisFirst Bancshares, Inc. will host a live audio webcast to discuss earnings and results on Monday, April 22, 2024 beginning at 5:15 p.m. ET. The audio webcast can be accessed at www.servisfirstbancshares.com. A replay of the call will be available until April 30, 2024. About ServisFirst Bancshares, Inc. ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares,

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

Seaport Global initiated coverage of Servisfirst Bancshares with a rating of Neutral

Hovde Group downgraded ServisFirst Bancshares from Outperform to Market Perform

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) ("ServisFirst"), the holding company for ServisFirst Bank, today announces: At a meeting held on June 17, 2024, its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on July 9, 2024, to stockholders of record as of July 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, Virgina Beach,

ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended March 31, 2024. First Quarter 2024 Highlights: Loans grew by 8% annualized for the first quarter of 2024. Net interest margin increased to 2.66% for the first quarter of 2024 from 2.57% for the fourth quarter of 2023. Credit quality continues to be strong with non-performing assets to total assets of 0.22%. Deposits grew 10% year-over-year. Book value per share of $27.08, up 10% from the first quarter of 2023. Tom Broughton, Chairman, President, and CEO, said, "We hired nine new bankers during the first quarter after seven in the fourth quarter and we continue t

ServisFirst Bancshares, Inc., (NYSE:SFBS) ("ServisFirst"), the holding company for ServisFirst Bank, today announces: At a meeting held on March 18, 2024, its Board of Directors declared a quarterly cash dividend of $0.30 per share, payable on April 9, 2024, to stockholders of record as of April 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, Virgina Beac

ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended December 31, 2023. Fourth Quarter 2023 Highlights: Entering the Memphis, Tennessee market with the hiring of Joel Smith as President. Deposits grew 15% year-over-year and new deposit accounts opened increased 12% year-over-year. Diluted earnings per share of $0.77 for the quarter. Adjusted* diluted earnings per share of $0.91 for the quarter. $2.1 billion in cash on hand with no FHLB advances or brokered deposits. Book value per share of $26.45, up 10.7% from the fourth quarter of 2022 and 10.8% annualized, from the third quarter of 2023. Cash dividend increa

ServisFirst Bancshares, Inc., (NYSE:SFBS) ("ServisFirst"), the holding company for ServisFirst Bank, today announces: At a meeting held on December 18, 2023, its Board of Directors increased the company's quarterly cash dividend from $0.28 per share to $0.30 per share. The dividend is payable on January 8, 2024 to stockholders of record as of January 2, 2024. ServisFirst has increased its dividend annually since the company went public in 2014. 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 l

ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended September 30, 2023. Third Quarter 2023 Highlights: Reached milestone of $16.0 billion in total assets, a 9.9% increase year-to-date. $13.1 billion in total deposits, a 7% increase from second quarter 2023 and a 13.8% increase year-to-date. $2.0 billion in cash on hand with no FHLB advances or brokered deposits. Diluted net income per share of $0.98 for the quarter. Book value per share of $25.75, up 7.6% year-to-date and 12.6% from the third quarter of 2022. Loans grew $362.5 million, or 3%, from the third quarter of 2022. Our loan pipeline is improving. An i

ServisFirst Bancshares, Inc., (NYSE:SFBS) ("ServisFirst"), the holding company for ServisFirst Bank, today announces: At a meeting held on September 18, 2023, its Board of Directors declared a quarterly cash dividend of $0.28 per share, payable on October 10, 2023, to stockholders of record as of October 2, 2023. 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, Charlotte, Dothan, Huntsville, Mobile, Montgomery, Nashville, Northwest Florida, Virginia

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

Piper Sandler analyst Stephen Scouten maintains Servisfirst Bancshares (NYSE:SFBS) with a Neutral and raises the price target from $63 to $70.

Servisfirst Bancshares (NYSE:SFBS) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.91 by 4.4 percent. The company reported quarterly sales of $114.766 million which beat the analyst consensus estimate of $114.575 million by 0.17 percent. This is a 4.49 percent increase over sales of $109.833 million the same period last year.

Servisfirst Bancshares (NYSE:SFBS) reported quarterly earnings of $0.94 per share which beat the analyst consensus estimate of $0.88 by 6.82 percent. The company reported quarterly sales of $111.308 million which beat the analyst consensus estimate of $109.100 million by 2.02 percent. This is a 2.89 percent decrease over sales of $114.622 million the same period last year.

Companies Reporting Before The Bell • MainStreet Bancshares (NASDAQ:MNSB) is projected to report quarterly earnings at $0.52 per share on revenue of $17.10 million. • Dynex Cap (NYSE:DX) is likely to report quarterly loss at $0.09 per share on revenue of $-570 thousand. • Zions Bancorp (NASDAQ:ZION) is projected to report quarterly earnings at $0.98 per share on revenue of $743.48 million. • Verizon Communications (NYSE:VZ) is likely to report quarterly earnings at $1.12 per share on revenue of $33.24 billion. • HBT Finl (NASDAQ:HBT) is projected to report quarterly earnings at $0.55 per share on revenue of $56.63 million. • AZZ (NYSE:AZZ) is projected to report quarterly earnings at $