Servisfirst Bancshares | 10-Q: FY2025 Q2 Revenue: USD 487.73 M

LB filings
2025.08.05 16:36
portai
I'm PortAI, I can summarize articles.

Revenue: As of FY2025 Q2, the actual value is USD 487.73 M.

EPS: As of FY2025 Q2, the actual value is USD 2.28, beating the estimate of USD 1.2067.

Segment Revenue

  • Interest Income: Total interest income for the three months ended June 30, 2025, was $246,635,000, compared to $227,540,000 for the same period in 2024. For the six months ended June 30, 2025, total interest income was $487,731,000, compared to $454,250,000 in 2024.

Operational Metrics

  • Net Income: For the three months ended June 30, 2025, net income was $61,424,000, compared to $52,136,000 for the same period in 2024. For the six months ended June 30, 2025, net income was $124,648,000, compared to $102,162,000 in 2024.
  • Provision for Credit Losses: The provision for credit losses for the three months ended June 30, 2025, was $11,296,000, compared to $5,353,000 for the same period in 2024. For the six months ended June 30, 2025, the provision was $17,926,000, compared to $9,721,000 in 2024.

Cash Flow

  • Net Cash Provided by Operating Activities: For the six months ended June 30, 2025, net cash provided by operating activities was $115,550,000, compared to $101,724,000 for the same period in 2024.
  • Net Cash Used in Investing Activities: For the six months ended June 30, 2025, net cash used in investing activities was -$668,178,000, compared to -$749,690,000 in 2024.
  • Net Cash Used in Financing Activities: For the six months ended June 30, 2025, net cash used in financing activities was -$113,102,000, compared to -$206,357,000 in 2024.

Unique Metrics

  • Allowance for Credit Losses: The allowance for credit losses on loans as of June 30, 2025, was $169,959,000, compared to $164,458,000 as of December 31, 2024.

Future Outlook and Strategy

  • Core Business Focus: The company continues to focus on managing credit risk and maintaining a strong balance sheet, with an emphasis on increasing net interest income and managing non-interest expenses.
  • Non-Core Business: There is no specific mention of non-core business strategies or divestitures in the provided content.
Source: LB filings The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.