SFBS - ServisFirst GAAP EPS of $1.24 in-line revenue of $129.35M misses by $7.73M
- ServisFirst press release ( NYSE: SFBS ): Q4 GAAP EPS of $1.24 in-line.
- Revenue of $129.35M (+19.2% Y/Y) misses by $7.73M .
- Deposits increased $494.9 million, or by 18%, annualized to $11.6 billion on a linked-quarter basis.
- Total loans grew from $9.5 billion to $11.7 billion, or by 23%, during 2022, and grew $409.4 million, or 14% annualized, on a linked-quarter basis.
- Efficiency ratio improved to 29.45% during the fourth quarter of 2022, down from 31.54% in the prior quarter and 35.47% in the year-ago quarter.
- Cash dividend increased from $0.23 to $0.28 per quarter, a 22% increase.
- Book value per share increased to $23.89, a 12% increase year-over-year.
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ServisFirst GAAP EPS of $1.24 in-line, revenue of $129.35M misses by $7.73M