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Dec 31, 2020
ServisFirst Q4 2020 Earnings Report
Reported record earnings due to strong commitment and excellent service to customers.
Key Takeaways
ServisFirst Bancshares, Inc. reported a net income of $51.0 million for the quarter ended December 31, 2020, compared to $41.0 million for the same quarter in 2019. Basic and diluted earnings per common share were $0.94 for the fourth quarter of 2020, compared to $0.77 and $0.76, respectively, for the fourth quarter of 2019.
Net income and net income available to common stockholders reached $51.0 million and $50.9 million, respectively.
Basic and diluted earnings per common share were $0.94.
Net interest income increased to $92.1 million.
Average total deposits increased to $9.84 billion.