tiprankstipranks
ServisFirst Bancshares Reports Strong Q3 2024 Financials
Company Announcements

ServisFirst Bancshares Reports Strong Q3 2024 Financials

Pick the best stocks and maximize your portfolio:

ServisFirst Bancshares ( (SFBS) ) has provided an update.

ServisFirst Bancshares, Inc. reported strong third-quarter 2024 financial results, with net income up by 15% from the previous quarter and 12% year-over-year. The bank saw a 16% increase in diluted earnings per share and a net interest margin improvement by five basis points. Non-interest-bearing deposits grew significantly, contributing to an optimistic outlook for continued success. Meanwhile, the company ensured robust liquidity with $1.76 billion in cash, maintaining a healthy financial position without reliance on brokered deposits.

See more data about SFBS stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskServisFirst Bancshares Highlights Impressive Financial Growth
TheFlyServisFirst price target raised to $79 from $76 at Piper Sandler
TheFlyClosing Bell Movers: Medpace down 11% after cutting FY24 revenue guide
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App