ServisFirst Bancshares (SFBS) Expected to Announce Earnings on Monday

ServisFirst Bancshares (NYSE:SFBS - Get Free Report) is projected to release its earnings data after the market closes on Monday, April 21st. Analysts expect ServisFirst Bancshares to post earnings of $1.18 per share and revenue of $134.13 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

ServisFirst Bancshares (NYSE:SFBS - Get Free Report) last released its quarterly earnings data on Monday, January 27th. The financial services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $1.11 by $0.08. ServisFirst Bancshares had a return on equity of 14.81% and a net margin of 23.16%. During the same quarter in the previous year, the firm earned $0.91 EPS. On average, analysts expect ServisFirst Bancshares to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

ServisFirst Bancshares Stock Performance

Shares of NYSE SFBS traded up $0.33 during trading on Tuesday, reaching $69.32. 246,456 shares of the company traded hands, compared to its average volume of 222,491. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.04. The firm has a 50 day simple moving average of $83.05 and a 200-day simple moving average of $86.52. ServisFirst Bancshares has a 52-week low of $58.11 and a 52-week high of $101.37. The stock has a market capitalization of $3.78 billion, a PE ratio of 16.66 and a beta of 0.89.

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ServisFirst Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, April 1st were issued a $0.335 dividend. This represents a $1.34 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend was Tuesday, April 1st. ServisFirst Bancshares's payout ratio is 32.21%.

Analyst Ratings Changes

SFBS has been the topic of a number of analyst reports. Piper Sandler lifted their price objective on ServisFirst Bancshares from $95.00 to $96.00 and gave the company a "neutral" rating in a research report on Tuesday, January 28th. StockNews.com raised ServisFirst Bancshares from a "sell" rating to a "hold" rating in a research note on Sunday, January 5th.

Insider Activity

In other news, Director Christopher J. Mettler sold 18,000 shares of the company's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $88.68, for a total transaction of $1,596,240.00. Following the sale, the director now directly owns 17,436 shares in the company, valued at approximately $1,546,224.48. This represents a 50.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 7.40% of the company's stock.

About ServisFirst Bancshares

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.