•
Mar 31, 2023
ServisFirst Q1 2023 Earnings Report
Earnings and operating results were announced for the quarter ended March 31, 2023.
Key Takeaways
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.
Diluted earnings per share were $1.06, unchanged from Q1 2022.
New accounts opened increased 23% year-over-year.
Deposit balances grew $69 million during the quarter.
Available liquidity sources totaled $8.4 billion as of March 31, 2023.