ServisFirst Earnings Reports

ServisFirst Bancshares, Inc. announced strong earnings for the fourth quarter of 2024, with net income reaching $65.2 million and earnings per share at $1.19. The bank experienced growth in net interest income, driven by an improved net interest margin, and maintained strong credit quality.

ServisFirst Bancshares reported a strong third quarter with a net income of $59.9 million and earnings per share of $1.10. The company saw margin expansion, growth in noninterest bearing demand deposits, and a decrease in the efficiency ratio. The increase in non-performing assets to total assets can primarily be attributed to a single relationship that moved to non-accrual status during the first quarter of 2024.

ServisFirst Bancshares, Inc. announced strong earnings for the second quarter of 2024, marked by growth in loans and deposits alongside strategic market expansion into Auburn-Opelika, Alabama. The company reported a net income of $52.1 million and an increase in net interest margin to 2.79%.

ServisFirst Bancshares, Inc. reported a net income of $50.0 million for the quarter ended March 31, 2024, and basic and diluted earnings per common share were both $0.92.

ServisFirst Bancshares reported a decrease in net income for Q4 2023 compared to both the previous quarter and the same quarter last year, driven by a significant increase in non-interest expenses. However, deposits grew year-over-year, and credit quality remained strong, with non-performing assets to total assets at 0.14%.

ServisFirst Bancshares reported a decrease in net income and diluted earnings per share compared to the third quarter of 2022. However, total assets reached $16.0 billion, and total deposits increased to $13.1 billion. Credit quality remained strong, with non-performing assets to total assets at 0.15%.

ServisFirst Bancshares reported a decrease in net income for Q2 2023, impacted by narrowing net interest spread. However, deposits and loans experienced growth, and the bank maintains strong liquidity and capital positions.

ServisFirst Bancshares, Inc. reported a net income of $57.971 million and diluted earnings per share of $1.06 for the first quarter of 2023, which remained unchanged compared to the first quarter of 2022. The company saw a 23% increase in new accounts opened year-over-year and deposit balances grew by $69 million during the quarter.

ServisFirst Bancshares, Inc. reported a strong fourth quarter in 2022, with diluted earnings per share of $1.24, a 25% increase over the fourth quarter of 2021. Deposits increased $494.9 million, or by 18% annualized, on a linked-quarter basis. The efficiency ratio improved to 29.45% during the fourth quarter of 2022.

ServisFirst Bancshares, Inc. reported strong third-quarter results with diluted earnings per share of $1.17, a 22% increase over the third quarter of 2021. Total loans grew by $661.3 million, and the company expanded into new markets.

ServisFirst Bancshares, Inc. reported a strong second quarter in 2022, with diluted earnings per share of $1.14, a 24% increase over the second quarter of 2021. The company saw total loans grow by $718.4 million and deposits grew by $814.1 million year-over-year.

ServisFirst Bancshares, Inc. reported a strong first quarter in 2022, with net income reaching $57.6 million and earnings per share at $1.06. The company saw growth in average loans and net interest income, while also managing liquidity effectively.

ServisFirst Bancshares, Inc. reported a net income of $53.8 million for the quarter ended December 31, 2021, compared to $51.0 million for the same quarter in 2020. The basic and diluted earnings per common share were $0.99 for Q4 2021, compared to $0.94 for Q4 2020.

ServisFirst Bancshares, Inc. reported a strong third quarter in 2021, marked by significant loan growth and solid credit quality. Net income reached $52.5 million, with earnings per share at $0.96. The bank experienced growth in net interest income and managed to maintain good operating efficiency.

ServisFirst Bancshares, Inc. reported a net income of $50.0 million for the quarter ended June 30, 2021, compared to $40.4 million for the same quarter in 2020. Basic and diluted earnings per common share were $0.92 for the second quarter of 2021, compared to $0.75 for the second quarter of 2020.

ServisFirst Bancshares, Inc. reported a strong first quarter in 2021, with net income reaching $51.5 million and earnings per share at $0.95. The company saw growth in average loans and total deposits, along with a decrease in non-performing assets.

ServisFirst Bancshares, Inc. reported a net income of $51.0 million for the quarter ended December 31, 2020, compared to $41.0 million for the same quarter in 2019. Basic and diluted earnings per common share were $0.94 for the fourth quarter of 2020, compared to $0.77 and $0.76, respectively, for the fourth quarter of 2019.

ServisFirst Bancshares, Inc. reported a strong third quarter in 2020, with increased net income and earnings per share compared to the same period in 2019. The company saw a rebound in loan demand and maintained a strong balance sheet with good credit quality and liquidity.

ServisFirst Bancshares, Inc. reported a strong second quarter of 2020, with net income reaching $40.4 million and basic and diluted earnings per common share at $0.75. The bank saw growth in net interest income and managed to increase average loans and total deposits.

ServisFirst Bancshares, Inc. reported a net income of $34.8 million for the quarter ended March 31, 2020. The company's return on average assets was 1.54%, and the pre-tax, pre-provision return on average assets was 2.49%.

ServisFirst Bancshares, Inc. reported a net income of $41.0 million for the fourth quarter of 2019, an increase compared to the $36.2 million for the same quarter in 2018. The basic and diluted earnings per common share were $0.77 and $0.76, respectively, compared to $0.68 and $0.67 for the fourth quarter of 2018.