AP NEWS

ServisFirst: 4Q Earnings Snapshot

January 21, 2020 GMT

BIRMINGHAM, Ala. (AP) _ ServisFirst Bancshares Inc. (SFBS) on Tuesday reported fourth-quarter profit of $41 million.

On a per-share basis, the Birmingham, Alabama-based company said it had profit of 76 cents.

The holding company for ServisFirst Bank posted revenue of $105.2 million in the period. Its adjusted revenue was $82.8 million.

For the year, the company reported profit of $149.2 million, or $2.76 per share. Revenue was reported as $311.6 million.

ServisFirst shares have declined nearly 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $36.26, an increase of slightly more than 4% in the last 12 months.

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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