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Dec 31, 2024
ServisFirst Q4 2024 Earnings Report
Reported net income of $65.2 million and EPS of $1.19, demonstrating solid financial performance.
Key Takeaways
ServisFirst Bancshares, Inc. announced strong earnings for the fourth quarter of 2024, with net income reaching $65.2 million and earnings per share at $1.19. The bank experienced growth in net interest income, driven by an improved net interest margin, and maintained strong credit quality.
Net income for Q4 2024 was $65.2 million, compared to $42.1 million in Q4 2023.
Basic and diluted earnings per common share were $1.19 in Q4 2024, up from $0.77 in Q4 2023.
Net interest income increased to $123.2 million for Q4 2024, compared to $101.7 million in Q4 2023.
Non-interest expense decreased to $46.9 million for Q4 2024, from $58.3 million in Q4 2023.
ServisFirst
ServisFirst
ServisFirst Revenue by Segment
Revenue by Segment
Mortgage banking Revenue
CapyFin.comBOLI income Revenue
CapyFin.com Forward Guidance
ServisFirst Bancshares is optimistic about the bank's outlook for 2025, citing a solid loan pipeline, an improving margin, strong liquidity, and strong credit quality.
Positive Outlook
- Solid loan pipeline
- Improving margin
- Strong liquidity
- Strong credit quality
- Operating efficiency remains a focus