A Director at ServisFirst Bancshares is Exercising Options


Today it was reported that a Director at ServisFirst Bancshares (NASDAQ: SFBS), James Filler, exercised options to buy 10,000 SFBS shares at $5.00 a share, for a total transaction value of $50K.

In addition to James Filler, 2 other SFBS executives reported Buy trades in the last month.

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Based on ServisFirst Bancshares’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $83.86 million and quarterly net profit of $33.54 million. In comparison, last year the company earned revenue of $72.43 million and had a net profit of $25.26 million. SFBS’s market cap is $2.01B and the company has a P/E ratio of 18.21. Currently, ServisFirst Bancshares has an average volume of 144K.

In the last 30 days, insiders have sold $206K worth of SFBS shares and purchased $100K worth of SFBS shares. The insider sentiment on ServisFirst Bancshares has been negative according to 33 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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ServisFirst Bancshares, Inc. is a bank holding company, which engages in the provision of consumer and commercial banking services. It also offers other loans and accept deposits, electronic banking such as online and mobile banking, remote deposit capture, deliver treasury and cash management, and correspondent banking to other financial institutions.

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