earnings
confidence high
sentiment neutral
materiality 0.75
ServisFirst Q3 diluted EPS $1.10 (up 12% YoY); CFO Pressley resigns, Woodie named interim
ServisFirst Bancshares, Inc.
2024-Q3 EPS reported
$2.97
- Q3 net income $59.9M, diluted EPS $1.10 (up 12% YoY); net interest margin 2.84%, up 5 bps from Q2.
- Non-interest-bearing deposits grew $101M (16% annualized); loans up 6% YoY.
- Book value per share $28.79, up 12% YoY; NPAs to total assets 0.25%.
- CFO Kirk Pressley resigns effective Oct 31, 2024; Ed Woodie (SVP & Controller for 15+ years) appointed interim CFO.