ServisFirst Bancshares (SFBS) released a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $65.14 million, or $1.19 per share. This compares with $42.04 million, or $0.77 per share, last year.
Excluding items, ServisFirst Bancshares reported adjusted earnings of $65.14 million or $1.19 per share for the period.
Analysts on average had expected the company to earn $1.11 per share. Analysts' estimates typically exclude special items.
ServisFirst Bancshares earnings at a glance (GAAP) :
-Earnings: $65.14 Mln. vs. $42.04 Mln. last year.
-EPS: $1.19 vs. $0.77 last year.
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