Servisfirst Bancshares Inc Stock Price, News & Analysis

ServisFirst Bancshares, Inc. (NYSE: SFBS) announced a quarterly cash dividend increase from $0.23 to $0.28 per share, decided in a meeting on December 19, 2022. The new dividend will be paid on January 6, 2023, to stockholders of record as of January 3, 2023. This marks the company's commitment to increasing dividends annually since its public offering in 2014, reflecting confidence in its financial stability and shareholder returns.

ServisFirst Bancshares (NYSE: SFBS) reported strong third-quarter earnings for the period ending September 30, 2022. The diluted earnings per share rose 22% year-over-year to $1.17. Total loans increased by $661.3 million (25% annualized), with a book value per share up 11% year-over-year. However, a preliminary settlement and write-down resulted in a charge of $2.4 million. The return on average common stockholders' equity stood at 20.49%. The efficiency ratio improved to 31.54%, reflecting operational efficiency despite rising expenses.

ServisFirst Bancshares, Inc. (NYSE: SFBS) will announce its earnings for the quarter ended September 30, 2022, on October 17, 2022, at 4 p.m. ET. The earnings report will be accessible on their website. A live audio webcast to discuss these results is scheduled for the same day at 5:15 p.m. ET, also available on their website. A replay will be accessible until October 31, 2022.

ServisFirst Bancshares, Inc. has announced a quarterly cash dividend of $0.23 per share, which will be payable on October 7, 2022. This dividend is for stockholders recorded as of October 3, 2022, and was declared by the Board of Directors during a meeting held on September 19, 2022.

Based in Birmingham, Alabama, ServisFirst Bancshares offers a range of business and personal financial services through its subsidiary ServisFirst Bank in multiple locations.

ServisFirst Bancshares, Inc. (NYSE: SFBS) reported strong earnings for Q2 2022, with diluted earnings per share rising to $1.14, a 24% year-over-year increase. Key metrics include a 29% annualized growth in total loans, reaching $10.62 billion, and a 7% increase in deposits to $11.77 billion. The company expanded into the Tallahassee, Florida market and achieved a return on equity of 21%. Despite increased non-interest expenses, the efficiency ratio remained competitive. Overall, the financial results reflect robust profitability and market growth.

ServisFirst Bank has announced its expansion into Western North Carolina with the opening of a new branch in Asheville. This location will be led by local bankers, Bryan Boone and Tammy Baldwin, who bring extensive experience in commercial and small business lending. Boone, serving as Regional President, has 22 years of experience, while Baldwin takes on the role of Business Services Officer, focusing on client relationships and small business services. The bank, a subsidiary of ServisFirst Bancshares (NYSE: SFBS), reports assets exceeding $15 billion.

ServisFirst Bancshares, Inc. (NYSE: SFBS) will announce earnings for the quarter ending June 30, 2022, on July 18, 2022, at 4 p.m. ET. Following this, a live audio webcast discussing the results will take place at 5:15 p.m. ET on the same day. The earnings release and the audio webcast will be accessible via the company's website. ServisFirst Bancshares is based in Birmingham, Alabama, and offers financial services through its subsidiary, ServisFirst Bank, across several regions.

ServisFirst Bancshares, Inc. (NYSE: SFBS) announced a quarterly cash dividend of $0.23 per share, approved by its Board of Directors on June 21, 2022. This dividend is payable on July 8, 2022, to stockholders of record as of July 1, 2022. The firm, based in Birmingham, Alabama, offers a range of financial services through ServisFirst Bank across various states including Georgia, Florida, and Tennessee.

ServisFirst Bancshares (NYSE:SFBS) has promoted Angel Stinson to Chief Credit Officer for the Huntsville/North Alabama region. Stinson, with over 25 years of banking experience, has been with ServisFirst since 2018. In her new role, she will oversee the credit approval process and lead a team of credit analysts. The bank recently reported assets exceeding $15 billion, emphasizing its commitment to quality service and competitive products. CEO Andy Kattos praised Stinson's achievements and industry knowledge, highlighting her importance to the Huntsville team.