Overview

* ServisFirst Q2 adjusted EPS rises 27% yr/yr, meeting analyst expectations, per LSEG

* Net interest margin in Q2 improves to 3.10% from 2.92% in Q1 2025

* Company maintains strong liquidity with $1.7 bln in cash and equivalents

Outlook

* Company expects higher net interest margins over next 24 months

* Company anticipates continued asset repricing to boost margins

Result Drivers

* LOAN GROWTH - Loans grew by $346 mln, or 11% annualized, attributed to improved banking environment

* NET INTEREST MARGIN - Net interest margin improved to 3.10%, driven by continued asset repricing, per CFO David Sparacio

* STRONG LIQUIDITY - Co maintains strong liquidity with $1.7 bln in cash and equivalents, representing 10% of total assets

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Meet $1.21 $1.21 (3

Adjusted Analysts

EPS )

Q2 EPS $1.12

Q2 Net $61.42

Income mln

Q2 Net $131.69

Interest mln

Income

Q2 $11.30

Credit mln

Loss

Provisio

n

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy."

* Wall Street's median 12-month price target for ServisFirst Bancshares Inc ( SFBS ) is $82.00, about 1.2% below its July 18 closing price of $83.00

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)