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Dec 31, 2019
ServisFirst Q4 2019 Earnings Report
Reported net income of $41.0 million, with basic and diluted earnings per common share at $0.77 and $0.76, respectively, for Q4 2019.
Key Takeaways
ServisFirst Bancshares, Inc. reported a net income of $41.0 million for the fourth quarter of 2019, an increase compared to the $36.2 million for the same quarter in 2018. The basic and diluted earnings per common share were $0.77 and $0.76, respectively, compared to $0.68 and $0.67 for the fourth quarter of 2018.
Net income reached $41.0 million for Q4 2019, up from $36.2 million in Q4 2018.
Basic EPS was $0.77 and diluted EPS was $0.76 for Q4 2019, compared to $0.68 and $0.67 in Q4 2018.
Net interest income increased to $75.8 million in Q4 2019 from $68.9 million in Q4 2018.
Non-interest income rose to $7.1 million in Q4 2019, a 42% increase from $5.0 million in Q4 2018.