Benzinga | Oct 19, 2020 04:18PM EDT

Servisfirst Bancshares: Q3 Earnings Insights

Shares of Servisfirst Bancshares (NASDAQ:SFBS) were flat after the company reported Q3 results.

Quarterly Results

Earnings per share were up 19.40% year over year to $0.80, which beat the estimate of $0.71.

Revenue of $93,254,000 up by 17.72% year over year, which beat the estimate of $91,060,000.

Guidance

Servisfirst Bancshares hasn't issued any earnings guidance for the time being.

Servisfirst Bancshares hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $40.90

Company's 52-week low was at $21.76

Price action over last quarter: down 0.40%

Company Description

Servisfirst Bancshares Inc is a bank holding company. It originates commercial, consumer and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, delivers treasury and cash management services, and provides banking services to other financial institutions. The company offers a range of products and services which include telephone banking, direct deposit, Internet banking, mobile banking, boxes and automatic account transfers. It operates approximately 18 banking offices located in various regions of the United States.