Servisfirst Bancshares Q4 EPS $0.91 Beats $0.88 Estimate
Portfolio Pulse from Benzinga Newsdesk
Servisfirst Bancshares (NYSE:SFBS) reported Q4 earnings of $0.91 per share, surpassing the consensus estimate of $0.88 by 3.41%. However, this represents a 26.61% decrease from the $1.24 per share earned in the same quarter last year.
January 29, 2024 | 9:09 pm
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Servisfirst Bancshares reported higher-than-expected Q4 earnings, but with a significant decrease from the previous year's earnings.
While the earnings beat may provide a short-term positive sentiment, the significant year-over-year decline could raise concerns about the company's growth trajectory and profitability, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100