1 week Ago By ABMN Staff
ServisFirst Bancshares ( NYSE:SFBS – Get Free Report ) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Sunday. SFBS has been the topic of a number of other reports.
Hovde Group boosted their price objective on shares of ServisFirst Bancshares from $80.00 to $91.00 and gave the company a “market perform” rating in a research report on Tuesday, October 22nd.
Piper Sandler boosted their price target on shares of ServisFirst Bancshares from $76.00 to $79.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd.
View Our Latest Research Report on SFBS ServisFirst Bancshares Stock Performance ServisFirst Bancshares ( NYSE:SFBS – Get Free Report ) last announced its quarterly earnings data on Monday, October 21st. The financial services provider reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.
97 by $0.13. The firm had revenue of $256.
53 million during the quarter, compared to analyst estimates of $120.70 million. ServisFirst Bancshares had a return on equity of 14.
23% and a net margin of 21.16%. During the same period last year, the company posted $0.
98 EPS. On average, sell-side analysts predict that ServisFirst Bancshares will post 4.09 earnings per share for the current fiscal year.
Insider Buying and Selling In related news, SVP Henry Fulbrook Abbott sold 1,000 shares of ServisFirst Bancshares stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $85.20, for a total value of $85,200.
00. Following the completion of the sale, the senior vice president now owns 8,501 shares of the company’s stock, valued at approximately $724,285.20.
The trade was a 10.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link .
7.40% of the stock is currently owned by corporate insiders. Hedge Funds Weigh In On ServisFirst Bancshares Institutional investors have recently bought and sold shares of the stock.
Point72 DIFC Ltd acquired a new position in ServisFirst Bancshares during the third quarter valued at approximately $32,000. Quest Partners LLC increased its stake in shares of ServisFirst Bancshares by 4,880.0% in the second quarter.
Quest Partners LLC now owns 996 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 976 shares during the period. GAMMA Investing LLC lifted its position in shares of ServisFirst Bancshares by 138.6% during the 3rd quarter.
GAMMA Investing LLC now owns 921 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 535 shares during the last quarter. Point72 Asia Singapore Pte. Ltd.
bought a new stake in ServisFirst Bancshares during the 2nd quarter valued at approximately $84,000. Finally, LMR Partners LLP acquired a new stake in ServisFirst Bancshares in the 3rd quarter valued at approximately $203,000. 67.
31% of the stock is currently owned by institutional investors. ServisFirst Bancshares Company Profile ( Get Free Report ) 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. Featured Articles Receive News & Ratings for ServisFirst Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ServisFirst Bancshares and related companies with MarketBeat.com's FREE daily email newsletter .
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