ServisFirst: 1Q Earnings Snapshot

Associated Press |

BIRMINGHAM, Ala. (AP) _ ServisFirst Bancshares Inc. (SFBS) on Monday reported first-quarter net income of $35 million.

On a per-share basis, the Birmingham, Alabama-based company said it had net income of 65 cents.

The holding company for ServisFirst Bank posted revenue of $98.6 million in the period. Its adjusted revenue was $73.7 million.

ServisFirst shares have increased 11 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $35.28, a drop of 14 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFBS at https://www.zacks.com/ap/SFBS

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