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Stock impact report

ServisFirst Bancshares Inc (SFBS) Reports Fourth Quarter 2023 Earnings [Yahoo! Finance]

ServisFirst Bancshares, Inc. (SFBS) 
Last servisfirst bancshares, inc. earnings: 4/20 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/presentations/4188426
Company Research Source: Yahoo! Finance
Deposits Growth : Year-over-year increase of 15%, with new deposit accounts up by 12%. Book Value Per Share : Increased to $26.45, marking a 10.7% rise from Q4 2022. Dividend : Cash dividend raised from $0.28 to $0.30 per share, a 7% increase. Credit Quality : Remains strong with non-performing assets to total assets at 0.14%. Capital Position : Consolidated Common Equity Tier 1 capital to risk-weighted assets improved to 10.91%. Warning! GuruFocus has detected 7 Warning Signs with TWO. On January 29, 2024, ServisFirst Bancshares Inc ( NYSE:SFBS ) released its 8-K filing , detailing the financial results for the fourth quarter of 2023. The bank holding company, which provides a comprehensive suite of banking services, reported a net income of $42.1 million for the quarter, a decrease from the $67.7 million reported in the same period last year. The diluted earnings per share (EPS) for the quarter stood at $0.77, compared to $1.24 in the fourth quarter of 2022. ServisFir Show less Read more
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