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Servisfirst Bancshares Inc   (SFBS)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

Servisfirst Bancshares Inc 's Quick Ratio

SFBS's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2023, Quick Ratio fell to 0.07 a new company low.

Within Regional Banks industry 51 other companies have achieved higher Quick Ratio than Servisfirst Bancshares Inc in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 1675 to 1714.

Explain Quick Ratio?
How much Cash & cash equivalents SFBS´s has?
What are SFBS´s Current Liabilities?


SFBS Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change 15.99 % 3.3 % -6.73 % -7.01 % -6.32 %
Y / Y Cash & cash equivalent Change -0.47 % -40.94 % -36.84 % -20.79 % 6.52 %
Quick Ratio MRQ 0.07 0.08 0.08 0.08 0.08
SFBS's Total Ranking # 1714 # 1675 # 4052 # 2055 # 4220
Seq. Current Liabilities Change 6.82 % 3.76 % -0.52 % 5.2 % -4.87 %
Seq. Cash & cash equivalent Change -1.27 % 3.46 % -1.17 % -1.4 % -41.41 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Regional Banks Industry # 52
Financial Sector # 368
Overall Market # 1714


Quick Ratio Statistics
High Average Low
0.25 0.14 0.07
(Dec 31 2011)   (Sep 30 2023)




Financial Statements
Servisfirst Bancshares Inc 's Current Liabilities $ 14,537 Millions Visit SFBS's Balance sheet
Servisfirst Bancshares Inc 's Cash & cash equivalent $ 1,044 Millions Visit SFBS's Balance sheet
Source of SFBS's Sales Visit SFBS's Sales by Geography


Cumulative Servisfirst Bancshares Inc 's Quick Ratio

SFBS's Quick Ratio for the trailling 12 Months

SFBS Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth 15.99 % 3.3 % -6.73 % -7.01 % -6.32 %
Y / Y Cash & cash equivalent TTM Growth -0.47 % -40.94 % -36.84 % -20.79 % 6.52 %
Quick Ratio TTM 0.08 0.08 0.09 0.1 0.11
Total Ranking TTM # 3303 # 3272 # 788 # 2352 # 0
Seq. Current Liabilities TTM Growth 6.82 % 3.76 % -0.52 % 5.2 % -4.87 %
Seq. Cash & cash equivalent TTM Growth -1.27 % 3.46 % -1.17 % -1.4 % -41.41 %


On the trailing twelve months basis In Spite of the rise in Current Liabilities in the III Quarter 2023 to $14,537.35 millions, cumulative Quick Ratio remained unchanged at 0.08 below the Servisfirst Bancshares Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Regional Banks industry 51 other companies have achieved higher Quick Ratio than Servisfirst Bancshares Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 3272 to 3303.

Explain Quick Ratio?
How much Cash & cash equivalents SFBS´s has?
What are SFBS´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Regional Banks Industry # 52
Financial Sector # 368
Within the Market # 3303


trailing twelve months Quick Ratio Statistics
High Average Low
0.25 0.14 0.07
(Dec 31 2011)   (Sep 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Regional Banks Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
First Northwest Bancorp  0.19 $ 329.933  Millions$ 1,692.413  Millions
Red River Bancshares Inc   0.19 $ 529.046  Millions$ 2,773.510  Millions
New York Community Bancorp Inc   0.19 $ 15,665.000  Millions$ 83,222.000  Millions
Eagle Bancorp Montana Inc   0.19 $ 308.786  Millions$ 1,647.075  Millions
Stock Yards Bancorp Inc   0.19 $ 1,213.285  Millions$ 6,530.055  Millions
Timberland Bancorp Inc   0.18 $ 288.406  Millions$ 1,569.965  Millions
Horizon Bancorp Inc   0.18 $ 1,040.305  Millions$ 5,716.378  Millions
Byline Bancorp Inc   0.18 $ 1,239.929  Millions$ 6,953.690  Millions
Homestreet Inc   0.17 $ 1,521.338  Millions$ 8,731.593  Millions
Third Coast Bancshares Inc   0.17 $ 629.687  Millions$ 3,661.659  Millions
Prime Meridian Holding Co  0.17 $ 123.838  Millions$ 723.524  Millions
Bar Harbor Bankshares  0.17 $ 524.287  Millions$ 3,140.494  Millions
Hancock Whitney Corporation  0.16 $ 5,188.627  Millions$ 31,746.265  Millions
Essa Bancorp Inc   0.16 $ 334.056  Millions$ 2,045.247  Millions
Op Bancorp  0.16 $ 297.053  Millions$ 1,838.723  Millions
Investar Holding Corporation  0.16 $ 404.485  Millions$ 2,504.418  Millions
South Plains Financial Inc   0.16 $ 584.969  Millions$ 3,692.231  Millions
Origin Bancorp Inc   0.15 $ 1,308.401  Millions$ 8,525.320  Millions
Middlefield Banc Corp   0.15 $ 224.916  Millions$ 1,469.759  Millions
Skyline Bankshares Inc   0.15 $ 138.219  Millions$ 908.487  Millions
Midwestone Financial Group Inc   0.15 $ 872.770  Millions$ 5,737.280  Millions
Ohio Valley Banc Corp  0.15 $ 166.842  Millions$ 1,121.014  Millions
Midland States Bancorp Inc   0.15 $ 967.141  Millions$ 6,529.743  Millions
Mercantile Bank Corporation  0.14 $ 592.305  Millions$ 4,171.533  Millions
Central Valley Community Bancorp  0.14 $ 303.451  Millions$ 2,148.842  Millions
Citizens Holding Co  0.14 $ 183.535  Millions$ 1,345.786  Millions
First National Corp  0.13 $ 165.343  Millions$ 1,235.173  Millions
First Us Bancshares Inc  0.13 $ 126.551  Millions$ 957.038  Millions
Bankwell Financial Group Inc   0.13 $ 373.862  Millions$ 2,832.771  Millions
Premier Financial Corp   0.13 $ 911.184  Millions$ 7,065.639  Millions

Date modified: 2023-11-04T19:13:20+00:00



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