ServisFirst Bancshares (SFBS) Misses Q3 EPS by 5c

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ServisFirst Bancshares, Inc. Announces Results For Third Quarter of 2022

October 17, 2022 4:02 PM EDT

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended September 30, 2022.

Third Quarter 2022 Highlights:

Diluted earnings per share were $1.17 for the third quarter of 2022, a 22% increase over the third quarter of 2021 and a 3% increase on a linked-quarter basis Preliminary settlement of litigation and write-down of a private investment resulting in charges of $2.4 million, net of income taxes, or $0.05 per diluted share Total loans grew $661.3 million during the third quarter of 2022, or 25%... More