ServisFirst Q2 net income $52.1 million, diluted EPS $0.95, down from $0.98 a year ago
ServisFirst Bancshares reported second-quarter 2024 net income of $52.1 million and diluted earnings per share of $0.95, up from $50.0 million and $0.92 in the first quarter but down from $53.5 million and $0.98 in the second quarter of 2023. The company said net interest margin rose to 2.79% and it entered the Auburn-Opelika, Alabama market during the quarter.
- Net income $52.1 million vs. $50.0 million in Q1 2024 and $53.5 million in Q2 2023
- Diluted EPS $0.95 vs. $0.92 in Q1 2024 and $0.98 in Q2 2023
- Net interest margin 2.79% vs. 2.66% in Q1 2024 and 2.93% in Q2 2023
- Total deposits $13.26 billion at June 30, 2024, up 7.9% year-over-year