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Mar 31, 2022
ServisFirst Q1 2022 Earnings Report
Reported net income of $57.6 million and EPS of $1.06 for the quarter ended March 31, 2022.
Key Takeaways
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.
Net income was $57.6 million, compared to $51.5 million for the same quarter in 2021.
Basic and diluted earnings per common share were $1.06, compared to $0.95 for the first quarter of 2021.
Net interest income increased to $105.7 million, compared to $92.4 million for the first quarter of 2021.
Average loans for the first quarter of 2022 were $9.65 billion, an increase of 25.7% annualized.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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