ServisFirst Bancshares, Inc. Increases Quarterly Cash Dividend by 14%
On December 21, 2020, ServisFirst Bancshares, Inc. (NASDAQ: SFBS) announced an increase in its quarterly cash dividend from $0.175 to $0.20 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
On December 21, 2020, ServisFirst Bancshares, Inc. (NASDAQ: SFBS) announced an increase in its quarterly cash dividend from $0.175 to $0.20 per share. This dividend is payable on January 8, 2021, to shareholders of record as of January 1, 2021. ServisFirst has maintained a consistent annual dividend increase since its public offering in 2014. The company's expansion across multiple states continues to solidify its financial service offerings.
Positive
- Quarterly cash dividend increased from $0.175 to $0.20 per share.
- Dividend payable on January 8, 2021, reflects strong shareholder returns.
- Consistent annual dividend increases since going public in 2014.
Negative
- None.
Details
News Market Reaction – SFBS
The recorded move for SFBS in the trading session of this news was -0.25%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BIRMINGHAM, Ala., Dec. 21, 2020 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc., (NASDAQ: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announces: At a meeting held on December 21, 2020, its Board of Directors increased the company’s quarterly cash dividend from
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