ServisFirst Bancshares Profit Rises - Quick Facts

(RTTNews) - ServisFirst Bancshares Inc (SFBS) Monday reported third-quarter net earnings of $13.9 million or $0.54 per share compared with $10.7 million or $0.49 per share last year.

Analysts polled by Thomson Reuters estimated earnings of $0.53 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income for the quarter was $33.3 million compared with $29 million in the prior year. Non interest income was $3 million compared with $2.27 million last year.

Analysts estimated revenues of $37 million for the quarter.

Net interest margin for the quarter was 3.65%, a 4 basis point decrease from last year.

Provision for loan losses for the quarter was $2.75 million compared with $3 million a year ago.