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ServisFirst Bancshares Reports $87.3 Million in Third Quarter Net Income

The Motley Fool +1 ·

SFBS
SFBS ServisFirst Bancshares Inc
$38.75 -1.55%
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  1. 1ServisFirst Bancshares, Inc. recorded a net income of $87.3 million in the third quarter.
  2. 2The annualized growth rate of ServisFirst Bancshares loans was over 10% year-to-date.
  3. 3ServisFirst Bancshares' non-performing loans decreased by $9.6 million during the quarter.

So what's the key point?

ServisFirst Bancshares earned $87.3 million in profit during the third quarter. This was supported by loan growth of more than 10% on an annualized basis.

Source The Motley Fool +1 · View original ↗

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