secwatch.observer — SEC 8-K summary
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Issuer:     ServisFirst Bancshares, Inc. (SFBS)
CIK:        0001430723
Form:       8-K
Filed at:   2024-04-22T23:59:59+00:00
Accession:  0001171843-24-002124
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1430723/000117184324002124/0001171843-24-002124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1430723/000117184324002124/f8k_042224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002124

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