ServisFirst Bancshares (SFBS) Getting Somewhat Favorable Media Coverage, Study Finds

News stories about ServisFirst Bancshares (NASDAQ:SFBS) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ServisFirst Bancshares earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.767760903079 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

ServisFirst Bancshares (NASDAQ:SFBS) opened at $41.29 on Wednesday. The firm has a market cap of $2,177.45, a price-to-earnings ratio of 23.62 and a beta of 1.41. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.09. ServisFirst Bancshares has a 52-week low of $32.54 and a 52-week high of $44.00.

ServisFirst Bancshares (NASDAQ:SFBS) last released its earnings results on Monday, October 16th. The financial services provider reported $0.47 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.02. The firm had revenue of $63.19 million during the quarter, compared to analyst estimates of $64.08 million. ServisFirst Bancshares had a net margin of 35.08% and a return on equity of 16.84%. equities analysts expect that ServisFirst Bancshares will post 1.82 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date is Friday, December 29th. ServisFirst Bancshares’s dividend payout ratio is 11.49%.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of ServisFirst Bancshares from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. BidaskClub lowered shares of ServisFirst Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, December 9th.

In other ServisFirst Bancshares news, EVP G. Carlton Barker sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $42.25, for a total transaction of $422,500.00. Following the completion of the transaction, the executive vice president now owns 126,462 shares of the company’s stock, valued at approximately $5,343,019.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO William M. Foshee sold 18,000 shares of the business’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $40.70, for a total transaction of $732,600.00. Following the transaction, the chief financial officer now directly owns 289,502 shares of the company’s stock, valued at approximately $11,782,731.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 61,000 shares of company stock valued at $2,497,540. Company insiders own 14.04% of the company’s stock.

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About ServisFirst Bancshares

ServisFirst Bancshares, Inc is a bank holding company whose business is conducted by its subsidiary, ServisFirst Bank (the Bank). The Company’s principal business is to accept deposits from the public and to make loans and other investments. The Company, through its bank, originates commercial, consumer and other loans; accept deposits; provides electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services, and provides correspondent banking services to other financial institutions.

Insider Buying and Selling by Quarter for ServisFirst Bancshares (NASDAQ:SFBS)

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