ServisFirst Bancshares-Here's What Key Metrics Tell Us About ServisFirst (SFBS) Q1 Earnings

Core Insights - ServisFirst Bancshares reported revenue of $131.83 million for Q1 2025, an increase of 18.4% year-over-year, but slightly below the Zacks Consensus Estimate of$ 132.75 million, resulting in a revenue surprise of -0.69% [1] - The company's EPS for the quarter was $1.16, up from$ 0.94 in the same quarter last year, but also fell short of the consensus estimate of $1.18, leading to an EPS surprise of -1.69% [1] Financial Performance Metrics - Efficiency Ratio was reported at 35%, matching the average estimate from analysts [4] - Net charge-offs to total average loans were 0.2%, higher than the estimated 0.1% [4] - Net Interest Margin was 2.9%, below the average estimate of 3% [4] - Average Balance of Interest-earning Assets was$ 17.19 billion, exceeding the estimated $16.85 billion [4] - Net Interest Income was$ 123.55 million, slightly below the average estimate of $124.71 million [4] - Total Non-interest Income was$ 8.28 million, surpassing the average estimate of $8.03 million [4] - Credit card income was$ 1.97 million, above the estimated $1.86 million [4] - Service charges on deposit accounts reached$ 2.56 million, exceeding the average estimate of $2.37 million [4] - Mortgage banking income was$ 0.61 million, below the estimated $1.02 million [4] - Other Operating Income was reported at$ 1 million, higher than the average estimate of $0.73 million [4] Stock Performance - ServisFirst shares have declined by 14.8% over the past month, compared to a 5.6% decline in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]