bullish
Servisfirst Bancshares Inc (SFBS) - Thursday, Nov 16, 2023
SUMMARY
Key points
- ServisFirst, an Alabama bank, is observing strong loan and deposit growth, despite a temporary decrease in net interest margin.
- The bank is expected to achieve sustainable 20-25% return on equity within the next two years, thereby expanding profitability.
- ServisFirst is the leading local bank for privately owned businesses in Alabama, with impressive organic core deposit growth and comparable net interest margins. Additionally, its balance sheet is strong, and its financial forecast predicts further expansion in multiples and profitability.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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