ServisFirst Q4 2022 Earnings Report

Earnings and operating results were announced for the quarter and year ended December 31, 2022.

Key Takeaways

ServisFirst Bancshares, Inc. reported a strong fourth quarter in 2022, with diluted earnings per share of $1.24, a 25% increase over the fourth quarter of 2021. Deposits increased $494.9 million, or by 18% annualized, on a linked-quarter basis. The efficiency ratio improved to 29.45% during the fourth quarter of 2022.

Diluted earnings per share increased 25% year-over-year to $1.24.

Deposits increased by $494.9 million, or 18% annualized, on a linked-quarter basis.

Total loans grew by 23% during 2022, reaching $11.7 billion.

Efficiency ratio improved to 29.45% during the fourth quarter of 2022.