ServisFirst Q1 EPS $0.92, down 13.4% YoY; net interest margin improves to 2.66%

ServisFirst Bancshares, Inc.

2024-Q1 EPS reported $0.92

Net income $50M ($0.92 diluted EPS), up 19% from Q4 but down 14% YoY.
Loans grew 8% annualized; deposits up 10% YoY to $12.75B.
Net interest margin widened to 2.66% from 2.57% in Q4 2023.
Book value per share $27.08, up 10% YoY; non-performing assets 0.22%.
Hired nine new bankers; efficiency ratio remains among lowest.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

ServisFirst Bancshares, Inc. reported the quarter ended March 31, 2024 results: net income $ 50,026, EPS $ 0.92.

Period: the quarter ended March 31, 2024
Net income: $ 50,026
EPS: $ 0.92
Result: reported results

Exact text from the filing

announced earnings and operating results for the quarter ended March 31, 2024

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ServisFirst Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001171843-24-002124

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