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