ServisFirst Bancshares (SFBS) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - ServisFirst Bancshares reported quarterly earnings of $1.19 per share, exceeding the Zacks Consensus Estimate of $1.10 per share, and showing an increase from $0.91 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 $109.07 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 $128.71 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]