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Jun 30, 2024
ServisFirst Q2 2024 Earnings Report
Reported net income of $52.1 million, with basic and diluted earnings per common share at $0.96 and $0.95 respectively.
Key Takeaways
ServisFirst Bancshares, Inc. announced strong earnings for the second quarter of 2024, marked by growth in loans and deposits alongside strategic market expansion into Auburn-Opelika, Alabama. The company reported a net income of $52.1 million and an increase in net interest margin to 2.79%.
Net income reached $52.1 million.
Earnings per share were $0.95.
Net interest margin increased to 2.79%.
Entered Auburn-Opelika, Alabama market with a new banking team.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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