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ServisFirst Bancshares, Inc. Declares Third Quarter Cash Dividend

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(Neutral)
Rhea-AI Sentiment
(Neutral)
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dividends

Rhea-AI Summary

ServisFirst Bancshares, Inc. (NASDAQ: SFBS) announced a quarterly cash dividend of $0.175 per share on September 21, 2020. This dividend will be payable on October 9, 2020, to stockholders on record as of October 1, 2020.

The company operates through its subsidiary, ServisFirst Bank, providing a range of financial services across several states, including Alabama, Florida, Tennessee, Georgia, and South Carolina.

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AI-generated analysis. Not financial advice.

Positive

  • Quarterly cash dividend of $0.175 per share reflects company confidence and provides income for shareholders.

Negative

  • None.

News Market Reaction – SFBS

-1.21%
1 alert
-1.21% News Effect

On the day this news was published, SFBS declined 1.21%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BIRMINGHAM, Ala., Sept. 21, 2020 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc., (NASDAQ: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announces: At a meeting held on September 21, 2020, its Board of Directors declared a quarterly cash dividend of $0.175 per share, payable on October 9, 2020, to stockholders of record as of October 1, 2020.  

About ServisFirst Bancshares, Inc.

ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary, ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Birmingham, Huntsville, Mobile, Montgomery and Dothan, Alabama, Pensacola, Sarasota and Tampa Bay, Florida, Nashville, Tennessee, Atlanta, Georgia, and Charleston, South Carolina. ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbank.com.

More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbank.com or by calling (205) 949-0302.

Contact: ServisFirst Bank
Davis Mange (205) 949-3420
DMange@servisfirstbank.com


FAQ

What is the recent dividend announcement for SFBS?

ServisFirst Bancshares declared a quarterly dividend of $0.175 per share.

When will the SFBS dividend be paid?

The dividend will be paid on October 9, 2020.

What is the record date for the SFBS dividend?

The record date for the dividend is October 1, 2020.

How often does ServisFirst Bancshares pay dividends?

ServisFirst Bancshares typically pays dividends quarterly.

Is the dividend announced by SFBS sustainable?

The sustainability of the dividend depends on the company's ongoing financial performance.