ServisFirst Bancshares Inc reports results for the quarter ended December 31 - Earnings Summary

ServisFirst Bancshares

27/01/2025 22:02

* ServisFirst Bancshares Inc  SFBS.N  reported quarterly
adjusted
earnings of $1.19​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 77 cents.  The mean expectation of
three analysts for the quarter was for earnings of $1.11 per
share. Wall Street expected results to range from $1.07 
to $1.13 per share.
    * Revenue rose 23.7% to $131.97 million from a year ago;
analysts
expected $126.65 million. 
    * ServisFirst Bancshares Inc's reported EPS for the quarter
was
$1.19​.
    * The company reported quarterly net income of $65.14
million.
    * ServisFirst Bancshares Inc shares had risen by 4.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for ServisFirst
Bancshares Inc is $97.00 
This summary was machine generated from LSEG data January 27 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.11           1.19           Beat
 Sep. 30 2024      0.97           1.10           Beat
 Jun. 30 2024      0.91           0.95           Beat
 Mar. 31 2024      0.88           0.92           Beat