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Jun 30, 2021

ServisFirst Q2 2021 Earnings Report

Reported strong financial results driven by loan growth and low expenses.

Key Takeaways

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.

Net income and net income available to common stockholders reached $50.0 million.

Basic and diluted earnings per common share were $0.92.

Annualized return on average assets was 1.56%.

Annualized return on average common stockholders’ equity was 18.98%.

Total Revenue
$104M
Previous year: $90.3M
+15.5%
EPS
$0.92
Previous year: $0.75
+22.7%
Efficiency Ratio
30.03%
Previous year: 31.92%
-5.9%
Non-Perf Assets/Total Assets
0.15%
Cash and Equivalents
$72.6M
Previous year: $1.55B
-95.3%
Total Assets
$13.2B
Previous year: $11B
+19.9%

ServisFirst

ServisFirst

ServisFirst Revenue by Segment

Forward Guidance

The company did not provide specific forward guidance in this earnings report.