SFBS Earnings Prediction
The chart below shows how SFBS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SFBS sees a -4.66% change in stock price 10 days leading up to the earnings, and a +1.44% change 10 days following the report. On the earnings day itself, the stock moves by +1.22%. This data can give you a slight idea of what to expect for the next quarter's release.
SFBS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
129.20M
21.13%
7.01%
Gross Margin
--
--
--
Operating Margin
61.48%
38.81%
2.42%
Net Margin
50.44%
27.86%
1.65%
EPS
1.19
54.55%
8.18%
No Data Available
SFBS Earnings Analysis
ServisFirst Bancshares Inc Corporation (SFBS.N) Earnings Conference Call
Positive
Earnings Per Share Growth: Earnings per share increased by 10% year-over-year, reflecting strong financial performance.
Net Interest Margin Improvement: Net interest margin improved from 2.57% in Q4 2023 to 2.96% in Q4 2024, indicating effective asset management and pricing strategies.
Quarterly Loan Growth: Net loan growth for the quarter reached $268 million, demonstrating robust demand and effective loan origination efforts.
Deposit Growth Analysis: Deposits grew significantly, with non-interest bearing deposits increasing to 20% of total average deposits, up from 19% in the previous quarter.
Low Net Charge-Offs: The bank's annualized net charge-offs remained exceptionally low at 9 basis points for Q4 2024, consistent with the previous year, showcasing strong credit quality.
Negative
Loan Growth Challenges: Loan payoffs accounted for 40% of gross loan growth in Q4, indicating potential challenges in sustaining net loan growth going forward.
Earning Asset Yield Decline: Earning asset yields decreased by 25 basis points, which could negatively impact future net interest income despite a 28% annualized increase in net interest income for the quarter.
Efficiency Ratio Insights: The efficiency ratio increased slightly to $46,900,000 for the quarter, which included one-time costs, suggesting potential ongoing expense management challenges.
Net Charge-Offs Stability: The bank's net charge-offs remained at 9 basis points for the entire year, which is lower than the 10 basis points in 2023, but indicates a potential normalization of loan losses in the future.
Asset Quality Concerns: Non-performing assets to total assets were stable at 26 basis points, but the lack of resolution on a significant non-performing asset sale raises concerns about future asset quality.
SFBS FAQs
How does SFBS typically perform around its earnings report dates?
Is Earnings call transcript: ServisFirst Bancshares beats Q4 2024 estimates, stock dips positive or negative?
How can historical earnings data help predict future stock performance?
SFBS Earning Call Sentiment
Earnings call transcript: ServisFirst Bancshares beats Q4 2024 estimates, stock dips
SFBS.N
0.59%Positive
The earnings call presents a mixed outlook. Financial performance shows growth, but the absence of a dividend or buyback program may disappoint investors. The Q&A revealed management's uncertainty about loan growth and potential charge-off increases, which could concern investors. The market cap suggests moderate sensitivity to these factors, leading to a neutral prediction.