ServisFirst Bancshares, Inc. (SFBS) To Go Ex-Dividend on July 1st

ServisFirst Bancshares, Inc. (NYSE:SFBS) declared a quarterly dividend on Monday, June 17th, NASDAQ reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.30 per share by the financial services provider on Tuesday, July 9th. This represents a $1.20 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend is Monday, July 1st.

ServisFirst Bancshares has increased its dividend payment by an average of 16.3% per year over the last three years. ServisFirst Bancshares has a payout ratio of 27.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect ServisFirst Bancshares to earn $4.35 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 27.6%.

ServisFirst Bancshares Stock Up 4.1 %

Shares of ServisFirst Bancshares stock opened at $63.22 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $3.45 billion, a PE ratio of 17.32 and a beta of 0.90. ServisFirst Bancshares has a 52-week low of $39.27 and a 52-week high of $70.84. The company has a 50-day simple moving average of $61.77 and a two-hundred day simple moving average of $63.03.

ServisFirst Bancshares (NYSE:SFBS) last announced its quarterly earnings results on Monday, April 22nd. The financial services provider reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The firm had revenue of $111.31 million during the quarter, compared to analyst estimates of $108.14 million. ServisFirst Bancshares had a net margin of 22.31% and a return on equity of 14.65%. On average, analysts anticipate that ServisFirst Bancshares will post 3.75 EPS for the current fiscal year.

ServisFirst Bancshares Company Profile

ServisFirst Bancshares, Inc operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, including seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans.