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Jun 30, 2022

ServisFirst Q2 2022 Earnings Report

Reported strong earnings and operating results with significant loan growth and profitability.

Key Takeaways

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.

Diluted earnings per share increased 24% year-over-year to $1.14.

Total loans grew by $718.4 million during the quarter, or 29% annualized.

Entered the Tallahassee, Florida market.

Return on equity was 21% for the quarter.

Total Revenue
$126M
Previous year: $104M
+20.7%
EPS
$1.14
Previous year: $0.92
+23.9%
Net Interest Margin
3.26%
Efficiency Ratio
31.64%
Previous year: 30.03%
+5.4%
Return on Avg Assets
1.67%
Cash and Equivalents
$1.69B
Previous year: $72.6M
+2225.9%
Total Assets
$14.5B
Previous year: $13.2B
+9.7%

ServisFirst

ServisFirst

Forward Guidance

This document does not contain any forward guidance.