Benzinga | Oct 16, 2020 10:09AM EDT

Earnings Preview: Servisfirst Bancshares

On Monday, October 19, Servisfirst Bancshares (NASDAQ: SFBS) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Analysts covering Servisfirst Bancshares modeled for quarterly EPS of $0.71 on revenue of $91.06 million. In the same quarter last year, Servisfirst Bancshares announced EPS of $0.67 on revenue of $79.22 million. The Wall Street consensus estimate for earnings would represent a 5.97% increase for the company. Revenue would be up 14.95% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.70 0.63 0.69 0.65EPS Actual 0.75 0.64 0.76 0.67Revenue Estimate 98.30 M 81.60 M 80.59 M 77.43 MRevenue Actual 90.27 M 84.31 M 82.83 M 79.22 M

Stock Performance

Shares of Servisfirst Bancshares were trading at $37.5 as of October 15. Over the last 52-week period, shares are up 9.73%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Servisfirst Bancshares is scheduled to hold the call at 17:15:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/sfbs/mediaframe/39456/indexr.html