ServisFirst Bancshares (SFBS) Expected to Announce Earnings on Monday

ServisFirst Bancshares (NYSE:SFBS) is anticipated to announce its earnings results after the market closes on Monday, January 27th. Analysts expect the company to announce earnings of $1.11 per share and revenue of $126,645.00 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

ServisFirst Bancshares Stock Performance

NYSE SFBS opened at $88.32 on Friday. The company has a fifty day moving average price of $89.93 and a 200-day moving average price of $83.88. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 23.61 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.95 and a quick ratio of 0.95. ServisFirst Bancshares has a 1 year low of $58.05 and a 1 year high of $101.37.

ServisFirst Bancshares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Thursday, January 2nd were issued a dividend of $0.335 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This is a boost from ServisFirst Bancshares’s previous quarterly dividend of $0.30. This represents a $1.34 annualized dividend and a yield of 1.52%. ServisFirst Bancshares’s payout ratio is 35.83%.

Analyst Ratings Changes

Several equities analysts have commented on SFBS shares. StockNews.com raised shares of ServisFirst Bancshares from a “sell” rating to a “hold” rating in a research report on Sunday, January 5th. Piper Sandler lifted their price target on ServisFirst Bancshares from $76.00 to $79.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Finally, Hovde Group upped their price objective on ServisFirst Bancshares from $80.00 to $91.00 and gave the company a “market perform” rating in a research note on Tuesday, October 22nd.

ServisFirst Bancshares Company Profile

ServisFirst Bancshares, Inc operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, including seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans.