Upgrade to SI Premium - Free Trial

UPDATE: ServisFirst Bancshares (SFBS) Misses Q2 EPS by 3c

July 20, 2015 4:08 PM
(Updated - July 20, 2015 4:26 PM EDT)

ServisFirst Bancshares (NASDAQ: SFBS) reported Q2 EPS of $0.54, $0.03 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $40.2 million versus the consensus estimate of $42.64 million.

Tom Broughton, President and CEO, said, "We are pleased to welcome seven new producers to our company in the second quarter, for a total of 19 new producers year to date, excluding officers added through the Metro Bank (Atlanta) acquisition." Bud Foshee, CFO, stated, "The improvement in net interest margin in the quarter, combined with strong loan growth, gives us strong fundamentals from which to build for the balance of 2015."

For earnings history and earnings-related data on ServisFirst Bancshares (SFBS) click here.

Categories

Earnings Management Comments

Next Articles