BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — ServisFirst Bancshares Inc. (SFBS) on Monday reported second-quarter net income of $85.8 million.
The Birmingham, Alabama-based company said it had profit of $1.57 per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.57 per share.
The holding company for ServisFirst Bank posted revenue of $262.8 million in the period. Its adjusted revenue was $168.5 million.
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