ServisFirst Bancshares (NYSE:SFBS – Free Report) had its target price hoisted by Piper Sandler from $89.00 to $91.00 in a research note released on Tuesday morning,Benzinga reports. The brokerage currently has an overweight rating on the financial services provider’s stock.
Several other research analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ServisFirst Bancshares in a report on Friday, April 10th. Wall Street Zen raised shares of ServisFirst Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Hovde Group increased their target price on ServisFirst Bancshares from $92.00 to $97.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Raymond James Financial raised ServisFirst Bancshares from an “outperform” rating to a “strong-buy” rating and set a $95.00 target price on the stock in a research note on Wednesday, January 21st. Finally, Zacks Research cut ServisFirst Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $94.33.
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ServisFirst Bancshares Trading Up 1.0%
ServisFirst Bancshares (NYSE:SFBS – Get Free Report) last released its quarterly earnings results on Monday, April 20th. The financial services provider reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. The firm had revenue of $158.99 million for the quarter, compared to analysts’ expectations of $162.07 million. ServisFirst Bancshares had a net margin of 28.80% and a return on equity of 17.26%. Equities research analysts forecast that ServisFirst Bancshares will post 6.4 earnings per share for the current fiscal year.
ServisFirst Bancshares Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, April 13th. Investors of record on Wednesday, April 1st were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Wednesday, April 1st. ServisFirst Bancshares’s dividend payout ratio is currently 30.04%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. Wasatch Advisors LP increased its stake in ServisFirst Bancshares by 14.6% in the first quarter. Wasatch Advisors LP now owns 552,153 shares of the financial services provider’s stock valued at $40,213,000 after acquiring an additional 70,298 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in shares of ServisFirst Bancshares during the first quarter valued at about $1,624,000. Hsbc Holdings PLC bought a new position in shares of ServisFirst Bancshares during the fourth quarter valued at about $718,000. Virtu Financial LLC bought a new position in shares of ServisFirst Bancshares during the fourth quarter valued at about $204,000. Finally, Invesco Ltd. grew its stake in shares of ServisFirst Bancshares by 3.5% during the fourth quarter. Invesco Ltd. now owns 124,943 shares of the financial services provider’s stock valued at $8,970,000 after buying an additional 4,255 shares during the last quarter. Institutional investors own 67.31% of the company’s stock.
Trending Headlines about ServisFirst Bancshares
Here are the key news stories impacting ServisFirst Bancshares this week:
- Positive Sentiment: Q1 EPS slightly beat expectations — GAAP EPS was $1.54 vs. the $1.53 consensus, and profitability metrics remain strong (net margin ~26.95%, ROE ~16.36%), supporting investor confidence in earnings quality. MarketBeat Q1 Summary
- Positive Sentiment: Management is guiding incremental margin expansion — commentary and analysis indicate ServisFirst expects ~7–9 basis points of margin expansion and is highlighting growth opportunities in Texas, which investors view as a driver for modest future NIM improvement. Seeking Alpha: Margin Outlook
- Positive Sentiment: Piper Sandler raised its price target to $91 and maintained an overweight rating — the upgrade signals dealer-level conviction and likely supports upward price momentum. Benzinga: Analyst Update
- Neutral Sentiment: Full Q1 disclosure and call materials are available — the earnings release, call transcript and materials give investors detail to parse loan growth, deposit trends, and capital metrics. Press Release / Call Materials
- Neutral Sentiment: Analyst and media write-ups (Zacks, Seeking Alpha transcript, Yahoo preview) provide deeper metric-level comparisons — useful for modeling but not immediate catalysts by themselves. Earnings Call Transcript
- Negative Sentiment: Revenue missed estimates — total revenue was ~$158.99M vs. analyst est. ~$162.07M, which raises questions about top-line momentum even as margins held up. Market reaction will depend on whether revenue weakness is viewed as transitory. Investing.com: Revenue Miss
ServisFirst Bancshares Company Profile
ServisFirst Bancshares, Inc is a bank holding company headquartered in Birmingham, Alabama, and the parent of ServisFirst Bank. The company specializes in commercial banking services, catering primarily to small and mid-sized businesses, professionals and entrepreneurs. Its product portfolio encompasses commercial real estate lending, commercial and industrial loans, deposit accounts, treasury management and other ancillary banking products designed to meet the financial needs of its clients.
ServisFirst Bank offers a full suite of deposit products, including interest-bearing checking, money market accounts and certificates of deposit, as well as a variety of loan products.
Further Reading
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