Alert: New Earnings Report (10/21/24)-ServisFirst Bancshares Inc (NYSE: SFBS).

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ServisFirst Bancshares Inc (NYSE: SFBS) has reported earnings for its third fiscal quarter (ending September 30) of $1.10 versus $0.98 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $3.74 versus $4.28 for the same period a year ago.

Recent Price Action

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ServisFirst Bancshares Inc (NYSE: SFBS) stock declined by -3.4% on 10/21/24. The shares closed at $82.81. Moreover, above average trading volume at 132% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, SFBS is expected to continue to be a Value Builder.

ServisFirst Bancshares has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ServisFirst Bancshares has a neutral Appreciation Score of 50 but a very high Power Rating of 95, leading to the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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