ServisFirst reports Q1 adjusted EPS 94c, consensus 88c

Reports Q1 Net Interest Income $102.5M vs. $108.3M last year. Kirk Pressley, CFO, said, “We are pleased to have stabilized our funding costs, which will continue to improve our net interest margin. Our expenses remain tightly controlled, as evidenced by our efficiency ratio, which we believe continues to be among the lowest of all commercial banks.”