The EVP, Regional CEO of ServisFirst Bancshares (NASDAQ: SFBS) is Buying Shares

By Carrie Williams

Today, the EVP, Regional CEO of ServisFirst Bancshares (SFBSResearch Report), Andrew Kattos, bought shares of SFBS for $25.65K.

This is Kattos’ first Buy trade following 3 Sell transactions.

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Based on ServisFirst Bancshares’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $104 million and quarterly net profit of $35.63 million. In comparison, last year the company earned revenue of $83.86 million and had a net profit of $33.54 million. The company has a one-year high of $43.63 and a one-year low of $29.66. SFBS’s market cap is $1.63B and the company has a P/E ratio of 11.63.

The insider sentiment on ServisFirst Bancshares has been negative according to 32 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.