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ServisFirst Bancshares (SFBS) Beats Q4 Earnings and Revenue Estimates
SFBSServisFirst Bancshares(SFBS) ZACKS·2025-01-27 23:15

Core Viewpoint - ServisFirst Bancshares reported quarterly earnings of 1.19pershare,exceedingtheZacksConsensusEstimateof1.19 per share, exceeding the Zacks Consensus Estimate of 1.10 per share, and showing an increase from 0.91pershareayearago,indicatingstrongfinancialperformance[1][2]FinancialPerformance−Thecompanyachievedrevenuesof0.91 per share a year ago, indicating strong financial performance [1][2] Financial Performance - The company achieved revenues of 131.97 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4.35% and up from 109.07millionyear−over−year[2]−Overthelastfourquarters,ServisFirsthasconsistentlyexceededconsensusEPSestimates,achievingthisfourtimes[2]StockPerformance−ServisFirstshareshaveincreasedapproximately4.3109.07 million year-over-year [2] - Over the last four quarters, ServisFirst has consistently exceeded consensus EPS estimates, achieving this four times [2] Stock Performance - ServisFirst shares have increased approximately 4.3% since the beginning of the year, outperforming the S&P 500's gain of 3.7% [3] - The current consensus EPS estimate for the upcoming quarter is 1.11, with expected revenues of 128.71million,andforthecurrentfiscalyear,theestimateis128.71 million, and for the current fiscal year, the estimate is 5.01 on revenues of $560.29 million [7] Industry Outlook - The Financial - Savings and Loan industry, to which ServisFirst belongs, is currently ranked in the top 11% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]