Servisfirst Bancshares Inc (SFBS) |
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Price: $61.2600
$-0.45
-0.729%
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Day's High:
| $62.53
| Week Perf:
| -4.28 %
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Day's Low: |
$ 61.14 |
30 Day Perf: |
-8.22 % |
Volume (M): |
163 |
52 Wk High: |
$ 70.84 |
Volume (M$): |
$ 9,955 |
52 Wk Avg: |
$53.87 |
Open: |
$61.93 |
52 Wk Low: |
$39.27 |
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Market Capitalization (Millions $) |
3,334 |
Shares
Outstanding (Millions) |
54 |
Employees |
371 |
Revenues (TTM) (Millions $) |
439 |
Net Income (TTM) (Millions $) |
233 |
Cash Flow (TTM) (Millions $) |
1,577 |
Capital Exp. (TTM) (Millions $) |
0 |
Servisfirst Bancshares Inc
We are a bank holding company within the meaning of the Bank Holding Company
Act of 1956 and are headquartered in Birmingham, Alabama. Through our wholly-owned
subsidiary bank, we operate 18 full-service banking offices located in Jefferson,
Shelby, Madison, Montgomery, Houston and Mobile Counties of Alabama, Escambia
County, Florida, Cobb and Douglas Counties of Georgia, Charleston County of
South Carolina and Davidson County, Tennessee in the metropolitan statistical
areas (“MSAs”) of Birmingham-Hoover, Huntsville, Montgomery, Dothan
and Mobile, Alabama, Pensacola-Ferry Pass-Brent, Florida, Atlanta-Sandy Springs-Roswell,
Georgia, Charleston-North Charleston, South Carolina and Nashville-Davidson-Murfreesboro-Franklin,
Tennessee. Through our bank, we originate commercial, consumer and other loans
and accept deposits, provide electronic banking services, such as online and
mobile banking, including remote deposit capture, deliver treasury and cash
management services and provide correspondent banking services to other financial
institutions.
We operate our bank using a simple business model based on organic loan and
deposit growth, generated through high quality customer service, delivered by
a team of experienced bankers focused on developing and maintaining long-term
banking relationships with our target customers. We utilize a uniform, centralized
back office risk and credit platform to support a decentralized decision-making
process executed locally by our regional chief executive officers. This decentralized
decision-making process allows individual lending officers varying levels of
lending authority, based on the experience of the individual officer. When the
total amount of loans to a borrower exceeds an officer’s lending authority,
further approval must be obtained by the applicable regional chief executive
officer (G. Carlton Barker – Montgomery, Andrew N. Kattos – Huntsville,
B. Harrison Morris, III – Dothan, Rex D. McKinney – Pensacola, W.
Bibb Lamar, Jr. – Mobile, Thomas G. Trouche – Charleston or Kenneth
L. Barber - Atlanta) and/or our senior management team. Rather than relying
on a more typical traditional, retail bank strategy of operating a broad base
of multiple brick and mortar branch locations in each market, our strategy focuses
on operating a limited and efficient branch network with sizable aggregate balances
of total loans and deposits housed in each branch office. We believe that this
approach more appropriately addresses our customers’ banking needs and
reflects a best-of-class delivery strategy for commercial banking services.
Our principal business is to accept deposits from the public and to make loans
and other investments. Our principal sources of funds for loans and investments
are demand, time, savings and other deposits and the amortization and prepayment
of loans and borrowings. Our principal sources of income are interest and fees
collected on loans, interest and dividends collected on other investments, and
service charges. Our principal expenses are interest paid on savings and other
deposits, interest paid on our other borrowings, employee compensation, office
expenses and other overhead expenses.
We are a full service commercial bank focused on providing competitive products,
state of the art technology and quality service. Our business philosophy is
to operate as a metropolitan community bank emphasizing prompt, personalized
customer service to the individuals and businesses located in our primary markets.
We aggressively market to our target customers, which include privately held
businesses with $2 million to $250 million in annual sales, professionals and
affluent consumers whom we believe are underserved by the larger regional banks
operating in our markets. We also seek to capitalize on the extensive relationships
that our management, directors, advisory directors and stockholders have with
the businesses and professionals in our markets.
Company Address: 2500 Woodcrest Place Birmingham 35209 AL
Company Phone Number: 949-0302 Stock Exchange / Ticker: NYSE SFBS
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Customers Net Income fell by |
SFBS's Customers Net Profit Margin fell to |
-6.33 % |
17.2 %
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Stock Performances by Major Competitors |
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Dividend
Published Mon, Mar 18 2024 8:05 PM UTC
ServisFirst Bancshares, Inc., the leading banking institution based in Birmingham, Alabama, has recently made an exciting announcement that is sure to grab the attention of its stockholders. On March 18, 2024, the Board of Directors declared a quarterly cash dividend of $0.30 per share. The dividend will be payable on April 9, 2024, to stockholders of record as of ...
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Dividend
Published Tue, Dec 19 2023 4:17 PM UTC
BIRMINGHAM, Ala. ServisFirst Bancshares, Inc. (NYSE: SFBS), the holding company for ServisFirst Bank, has announced that its Board of Directors has approved an increase in its quarterly cash dividend from $0.28 per share to $0.30 per share. This increase reflects ServisFirst's commitment to its shareholders and will be payable on January 8, 2024, to stockholders of...
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Servisfirst Bancshares Inc
ServisFirst Bancshares Inc, the holding company for ServisFirst Bank, recently released its financial results for the third quarter of 2023. While the stock has shown significant gains in the last five trading days and trades above its 52-week low, the company's revenue and profits have declined. In this article, we will analyze these facts and discuss their potential impact on the company's future. 1. Dividend Declaration: ServisFirst Bancshares Inc recently announced a quarterly cash dividend of $0.28 per share, demonstrating its commitment to creating long-term value for shareholders. This move indicates the positive outlook and financial stability of the company.
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Dividend
Published Mon, Sep 18 2023 4:27 PM UTC
BIRMINGHAM, Ala. - ServisFirst Bancshares, Inc. (NYSE: SFBS), the holding company for ServisFirst Bank, recently announced the declaration of a quarterly cash dividend of $0.28 per share. This decision, made by the Board of Directors during a meeting on September 18, 2023, is set to be payable on October 10, 2023, to stockholders of record as of October 2, 2023. The div...
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Servisfirst Bancshares Inc
Servisfirst Bancshares Inc, a prominent banking institution, recently released its financial results for the second quarter of 2023. The report indicates a significant decline in both revenue and earnings compared to the same period last year. This article aims to outline the key findings from the company's financial announcement and provide an interpretation of the data. Revenue and Earnings Drop: In the financial second quarter of 2023, Servisfirst Bancshares Inc experienced a -11.333% year-on-year decrease in revenue, amounting to $103.18 million. This figure is significantly lower than the $116.37 million earned in the corresponding three-month period last year. Furthermore, income per share fell by -14.04% to $0.98, compared to $1.06 per share in the previous quarter.
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Per Share |
Current |
Earnings (TTM) |
4.26 $ |
Revenues (TTM) |
8.07 $
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Cash Flow (TTM) |
28.97 $ |
Cash |
19.18 $
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Book Value |
25.75 $
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Dividend (TTM) |
0.79 $ |
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Per Share |
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Earnings (TTM) |
4.26 $
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Revenues (TTM) |
8.07 $ |
Cash Flow (TTM) |
28.97 $ |
Cash |
19.18 $
|
Book Value |
25.75 $ |
Dividend (TTM) |
0.79 $ |
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