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Mar 31, 2021
ServisFirst Q1 2021 Earnings Report
Reported net income of $51.5 million and EPS of $0.95 for the quarter ended March 31, 2021.
Key Takeaways
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.
Net income and net income available to common stockholders reached $51.5 million.
Basic and diluted earnings per common share were $0.95.
Net interest income was $92.4 million.
Average total deposits increased by $2.54 billion, or 33%.