In a report released today, Stephen Scouten from Piper Sandler maintained a Hold rating on ServisFirst Bancshares (SFBS – Research Report), with a price target of $63.00. The company’s shares closed last Friday at $60.22.
Scouten covers the Financial sector, focusing on stocks such as Hilltop Holdings, Trustmark, and Veritex. According to TipRanks, Scouten has an average return of 5.6% and a 54.31% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for ServisFirst Bancshares with a $64.00 average price target.
Based on ServisFirst Bancshares’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $109.07 million and a net profit of $42.07 million. In comparison, last year the company earned a revenue of $129.35 million and had a net profit of $67.72 million
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ServisFirst Bancshares (SFBS) Company Description:
ServisFirst Bancshares, Inc. is a bank holding company, which engages in the provision of consumer and commercial banking services. It also offers other loans and accept deposits, electronic banking such as online and mobile banking, remote deposit capture, deliver treasury and cash management, and correspondent banking to other financial institutions. The company was founded by Thomas Ashford Broughton III in May 2005 and is headquartered in Birmingham, AL.
