ServisFirst Q1 EPS $1.06 flat YoY; adjusted EPS up 7%; deposits grow $69M

ServisFirst Bancshares, Inc.

2023-Q1 EPS reported $1.06

Diluted EPS $1.06 flat YoY; adjusted EPS excluding PPP loans rose 7% YoY.
Deposits grew $69M QoQ; pipeline up 51% to $244M; no brokered deposits or FHLB borrowings.
Available liquidity $8.4B; ROA 1.63% vs 1.53% YoY; book value per share $24.63, up 14%.
Bank-level Tier 1 capital to avg assets 9.91% (8.08% YoY); 23% increase in new accounts opened.
Credit quality remains industry-leading; loan rate 5.66%, cost of deposits 2.31%.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ServisFirst Bancshares, Inc. reported the first quarter of 2023 results: EPS $1.06.

Period: the first quarter of 2023
EPS: $1.06
Result: reported results

Exact text from the filing

Diluted earnings per share were $1.06 for the first quarter of 2023

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5 earnings releases filed in the last 30 days. Browse all earnings releases →

ServisFirst Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001157523-23-000562

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