ServisFirst Bancshares Inc reports results for the quarter ended in March - Earnings Summary

ServisFirst Bancshares

17/04/2023 22:57

* ServisFirst Bancshares Inc  SFBS.N  reported quarterly
adjusted
earnings of $1.06​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of $1.05 per share.
    * Revenue rose 0.8% to $114.62 million from a year ago;
analysts
expected $120.15 million. 
    * ServisFirst Bancshares Inc's reported EPS for the quarter
was
$1.06​.
    * The mean earnings estimate of analysts had fallen by
about 13.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * ServisFirst Bancshares Inc shares had fallen by 7.6% this
quarter and lost 26.7% so far this year.
    * The company reported quarterly net income of $57.97
million.
    * Wall Street's median 12-month price target for ServisFirst
Bancshares Inc is $60.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 17 at 09:57 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.05           1.06           Beat
 Dec. 31 2022      1.24           1.24           Met
 Sep. 30 2022      1.23           1.17           Missed
 Jun. 30 2022      1.13           1.14           Beat