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Sep 30, 2021

ServisFirst Q3 2021 Earnings Report

Reported net income of $52.5 million, with basic and diluted earnings per common share of $0.97 and $0.96, respectively, for the third quarter of 2021.

Key Takeaways

ServisFirst Bancshares, Inc. reported a strong third quarter in 2021, marked by significant loan growth and solid credit quality. Net income reached $52.5 million, with earnings per share at $0.96. The bank experienced growth in net interest income and managed to maintain good operating efficiency.

Net income for the quarter ended September 30, 2021, was $52.5 million.

Basic and diluted earnings per common share were $0.97 and $0.96, respectively.

Net interest income for the third quarter of 2021 was $96.3 million.

Non-performing assets to total assets were 0.11%.

Total Revenue
$104M
Previous year: $93.3M
+11.9%
EPS
$0.96
Previous year: $0.8
+20.0%
Net Interest Margin
2.85%
Previous year: 3.14%
-9.2%
Efficiency Ratio
32.95%
Previous year: 28.5%
+15.6%
Return on Avg Assets
1.5%
Previous year: 1.54%
-2.6%
Cash and Equivalents
$102M
Previous year: $70.5M
+45.2%
Total Assets
$14.6B
Previous year: $11.4B
+28.1%

ServisFirst

ServisFirst