ServisFirst Q2 EPS $0.95 beats Q1 $0.92; deposits grow 16% annualized

ServisFirst Bancshares, Inc.

2024-Q2 EPS reported $1.87

Diluted EPS $0.95 (vs $0.92 Q1, vs $0.98 Q2 2023); net income $52.1M up 4.2% QoQ.
Net interest margin rose 13 bps to 2.79% QoQ; dollar margin up $3.4M (13% annualized linked-quarter increase).
Total deposits $13.26B (+16% annualized QoQ, +8% YoY); loans $12.33B (+15% annualized QoQ, +6% YoY).
Non-performing assets 0.23% of total assets; book value per share $27.71 (+11% YoY).
Entered Auburn-Opelika, AL market; $1.3B in cash, no FHLB advances or brokered deposits.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.