ServisFirst Bank, a part of ServisFirst Bancshares, has brought Jim Harper on board as Senior Vice President and Chief Credit Officer. Harper, who brings over 20 years of expertise in credit risk and portfolio management, will be responsible for overseeing the bank's credit administration and approval processes. In his new role, Harper will collaborate with the bank's leadership to facilitate its ongoing growth and ensure prudent lending practices.
Jim Harper's extensive experience and well-regarded skills in credit judgment and strategic oversight are anticipated to strengthen ServisFirst Bank's credit platform. Under his guidance, the bank aims to build upon its solid foundation and continue its trajectory of robust expansion. As part of his duties, Harper will play a crucial role in aligning the bank's credit strategies with its broader business objectives, thereby supporting sustainable growth for ServisFirst Bancshares (SFBS, Financial).
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.
