SFBS Stock Summary and Trading Ideas (Servisfirst Bancshares | NYSE:SFBS)

Servisfirst Bancshares Inc is a bank holding company. It originates commercial, consumer, and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, delivers treasury and cash management services, and provides banking services to other financial institutions. The company offers services which include telephone banking, direct deposit, Internet banking, mobile banking, boxes, and automatic account transfers.

Servisfirst Bancshares trades on the NYSE stock market under the symbol SFBS.

As of April 23, 2024, SFBS stock price climbed to $62.62 with 403,052 million shares trading.

SFBS has a beta of 1.73, meaning it tends to be more sensitive to market movements. SFBS has a correlation of 0.17 to the broad based SPY ETF.

SFBS has a market cap of $3.41 billion. This is considered a Mid Cap stock.

Last quarter Servisfirst Bancshares reported $111 million in Revenue and $.94 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.06.

In the last 3 years, SFBS stock traded as high as $97.25 and as low as $39.27.

The top ETF exchange traded funds that SFBS belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.

SFBS has outperformed the market in the last year with a return of +25.7%, while the SPY ETF gained +24.3%. However, in the most recent history, SFBS shares have underperformed the stock market with its stock returning -5.0% in the last 3 month period and -2.9% for the last 2 week period, while SPY has returned +4.9% and -2.5%, respectively.

SFBS support price is $59.76 and resistance is $62.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SFBS stock will trade within this expected range on the day.