secwatch.observer — SEC 8-K summary
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Issuer:     ServisFirst Bancshares, Inc. (SFBS)
CIK:        0001430723
Form:       8-K
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0001157523-23-000562
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1430723/000115752323000562/0001157523-23-000562-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1430723/000115752323000562/a53382453.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000562

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