BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — ServisFirst Bancshares Inc. (SFBS) on Tuesday reported fourth-quarter net income of $86.4 million.
On a per-share basis, the Birmingham, Alabama-based company said it had net income of $1.58.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share.
The holding company for ServisFirst Bank posted revenue of $267.1 million in the period. Its adjusted revenue was $162.2 million.
For the year, the company reported profit of $276.6 million, or $5.06 per share. Revenue was reported as $562.4 million.
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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
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