NYSE$SFBS

ServisFirst Bancshares Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported net income of $41.0 million, with basic and diluted earnings per common share at $0.77 and $0.76, respectively, for Q4 2019.

ServisFirst Bancshares, Inc. reported a net income of $41.0 million for the fourth quarter of 2019, an increase compared to the $36.2 million for the same quarter in 2018. The basic and diluted earnings per common share were $0.77 and $0.76, respectively, compared to $0.68 and $0.67 for the fourth quarter of 2018.

  • Net income reached $41.0 million for Q4 2019, up from $36.2 million in Q4 2018.
  • Basic EPS was $0.77 and diluted EPS was $0.76 for Q4 2019, compared to $0.68 and $0.67 in Q4 2018.
  • Net interest income increased to $75.8 million in Q4 2019 from $68.9 million in Q4 2018.
  • Non-interest income rose to $7.1 million in Q4 2019, a 42% increase from $5.0 million in Q4 2018.

Headline financials

Total Revenue

$82.8M

Previous: $74.5M+11.2%
EPS (adj)

$0.76

Previous: $0.67+13.4%
Net Interest Margin

3.5%

Previous: 3.6%-4.4%
Return on Average Assets

1.8%

Previous: 1.9%-2.7%
Return on Average Common Stockholders' Equity

19.8%

Previous: 21.1%-6.5%
Efficiency Ratio

30.9%

Previous: 30.7%+0.7%
Non-performing Assets to Total Assets

0.5%

Previous: 0.4%+22.0%
Net Charge-offs to Total Average Loans

0.4%

Previous: 0.3%+20.0%
Net Income

$41M

Previous: $36.2M+13.2%
Operating Income

$51.7M

No prior period
Cash & Equivalents

$631M

Previous: $682M-7.5%
Total Assets

$8.95B

Previous: $8.01B+11.7%
Stock-Based Comp

$319K

Previous: $167K+91.0%

Revenue & EPS history

ServisFirst · Revenue · Quarterly

$82.8M

Q4 2019+11.2%vs Q4 2018
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Revenue by segment

ServisFirst · $3.87M total across 3 segments · Q4 2019

  • Credit Card Income
    $1.9M+26.7%
  • Mortgage Banking
    $1.4M+100.0%
  • Other Operating Income
    $572K+81.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.9%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+3.8%

Avg return

30 days after

60%

29 / 48 earnings

Positive

+19.7%

Q2 2023

Best reaction

-12.9%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.7%+1.4%-0.9%
Q4 2025+15.1%+7.2%+13.7%
Q3 2025-7.3%-7.1%-11.2%
Q2 2025-1.7%+0.3%+1.1%
Q1 2025-0.0%+1.9%+5.7%
Q4 2024+2.7%+1.1%-0.1%
Q3 2024-1.4%-3.5%+8.2%
Q2 2024+17.0%+13.2%+7.9%
Q1 2024+4.0%+0.9%+6.5%
Q4 2023+4.8%-3.0%-6.9%
Q3 2023-1.9%-9.4%+0.3%
Q2 2023+19.7%+15.3%+19.9%
Q1 2023-0.5%+0.4%-9.1%
Q4 2022-9.7%-6.7%+1.9%
Q3 2022-12.9%-18.0%-10.6%
Q2 2022+2.0%+1.5%+16.5%
Q1 2022+5.1%+1.4%-4.5%
Q4 2021+2.5%+1.4%+3.2%
Q3 2021+5.4%+4.8%+11.1%
Q2 2021+2.7%+3.6%+6.4%
Q1 2021-2.1%+1.2%+7.2%
Q4 2020+1.1%-5.0%+17.9%
Q3 2020+3.7%+3.8%+3.4%
Q2 2020+7.2%+6.9%+8.6%
Q1 2020+2.7%+7.7%+10.7%
Q4 2019+8.8%+3.1%+9.5%
Q3 2019+5.4%+4.0%+8.4%
Q2 2019-3.8%-2.1%-10.7%
Q1 2019-2.5%-5.0%-6.3%
Q4 2018-1.9%-1.4%+3.7%
Q3 2018+2.2%-1.6%+5.2%
Q2 2018-4.5%-4.5%+0.2%
Q1 2018+5.7%+4.2%+4.4%
Q4 2017+2.4%+0.1%-1.0%
Q3 2017+3.1%+5.5%+1.1%
Q2 2017+0.3%+0.6%-4.9%
Q1 2017+6.1%+10.6%+6.1%
Q4 2016+2.9%+4.2%+7.9%
Q3 2016-2.7%+0.7%+22.2%
Q2 2016+3.6%+1.4%+0.4%
Q1 2016+5.5%
Q4 2015-0.7%
Q3 2015+4.2%
Q2 2015-1.8%
Q1 2015+2.1%
Q4 2014-0.8%
Q3 2014-0.1%
Q2 2014-0.3%
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2011
Q1 2012
Q4 2011
Q4 2010
Q4 2009
Q3 2010
Q3 2011
Q2 2011
Q2 2010
Q1 2010

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