ServisFirst Bancshares, Inc. (SFBS, Financial) is set to leverage its robust financial position to pursue growth opportunities in the southeastern United States. The company is focusing on cultivating new and enhanced customer relationships as part of its strategic expansion plans.
Having a solid balance sheet enables ServisFirst Bancshares to consider entering new market territories, enhancing its service offerings, and extending its reach in the Southeast region. This strategic move is aimed at strengthening its competitive edge and increasing its market share within the thriving banking sector.
As the banking landscape evolves, ServisFirst Bancshares appears poised to further its expansion efforts, driven by its financial stability and a clear focus on market growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Servisfirst Bancshares Inc (SFBS, Financial) is $89.50 with a high estimate of $96.00 and a low estimate of $83.00. The average target implies an upside of 28.78% from the current price of $69.50. More detailed estimate data can be found on the Servisfirst Bancshares Inc (SFBS) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Servisfirst Bancshares Inc's (SFBS, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Servisfirst Bancshares Inc (SFBS, Financial) in one year is $92.26, suggesting a upside of 32.75% from the current price of $69.5. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Servisfirst Bancshares Inc (SFBS) Summary page.
