For its first fiscal quarter (ending March 31), ServisFirst Bancshares Inc (NYSE: SFBS) has reported E.P.S. of $0.92 compared to $1.07 a year ago. E.P.S. were $3.65 for the latest four quarters through March 31 versus $4.64 for the same period a year ago.
Recent Price Action
On 4/22/24, ServisFirst Bancshares Inc (NYSE: SFBS) stock increased 1.8%, closing at $61.30. However, this advance was accompanied by below average trading volume at 80% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SFBS is expected to continue to be a Value Builder.
ServisFirst Bancshares has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ServisFirst Bancshares has a neutral Appreciation Score of 59 but a very high Power Rating of 86, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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