• Reported GAAP EPS of $1.58 up 32.77% YoY • Reported revenue of $162.21M up 22.91% YoY
Bullish
ServisFirst Bancshares Inc delivered strong EPS and net income growth, with net interest margin expansion and improved efficiency. The company also achieved solid loan and deposit growth, while strategically entering the Texas market.
Bearish
ServisFirst Bancshares Inc faced increased non-performing assets and net charge-offs, alongside rising regulatory and other operating expenses. Specific non-interest income streams also declined.