SERVISFIRST BANCSHARES INC (SFBS)
US81768T1088 - Common Stock
Overall SFBS gets a fundamental rating of 3 out of 10. We evaluated SFBS against 412 industry peers in the Banks industry. While SFBS is still in line with the averages on profitability rating, there are concerns on its financial health. SFBS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
SFBS had positive earnings in the past year.
In the past year SFBS had a positive cash flow from operations.
Each year in the past 5 years SFBS has been profitable.
SFBS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.28%, SFBS belongs to the top of the industry, outperforming 81.31% of the companies in the same industry.
Looking at the Return On Equity, with a value of 14.36%, SFBS belongs to the top of the industry, outperforming 87.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 14.36% | ||
| ROIC | N/A |
ROA(3y)1.45%
ROA(5y)1.49%
ROE(3y)17.26%
ROE(5y)17.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
SFBS's Profit Margin of 46.84% is amongst the best of the industry. SFBS outperforms 98.30% of its industry peers.
In the last couple of years the Profit Margin of SFBS has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for SFBS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 46.84% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y0.58%
PM growth 5Y-0.7%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SFBS does not have a ROIC to compare to the WACC, probably because it is not profitable.
SFBS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SFBS has been increased compared to 5 years ago.
SFBS has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of SFBS is 6.83, which is on the high side as it means it would take SFBS, 6.83 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SFBS (6.83) is worse than 74.27% of its industry peers.
SFBS has a Debt/Equity ratio of 0.92. This is a neutral value indicating SFBS is somewhat dependend on debt financing.
SFBS has a worse Debt to Equity ratio (0.92) than 84.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 6.83 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.84%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SFBS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.79%.
Measured over the past years, SFBS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.42% on average per year.
The Revenue for SFBS has decreased by -12.46% in the past year. This is quite bad
The Revenue has been growing by 9.36% on average over the past years. This is quite good.
EPS 1Y (TTM)-17.79%
EPS 3Y6.59%
EPS 5Y8.42%
EPS growth Q2Q-37.9%
Revenue 1Y (TTM)-12.46%
Revenue growth 3Y6.24%
Revenue growth 5Y9.36%
Revenue growth Q2Q-15.71%
3.2 Future
The Earnings Per Share is expected to grow by 5.64% on average over the next years.
The Revenue is expected to grow by 7.60% on average over the next years.
EPS Next Y-3.02%
EPS Next 2Y5.64%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.22%
Revenue Next 2Y7.6%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.58, the valuation of SFBS can be described as correct.
80.83% of the companies in the same industry are cheaper than SFBS, based on the Price/Earnings ratio.
SFBS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.28.
With a Price/Forward Earnings ratio of 17.09, SFBS is valued on the expensive side.
SFBS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SFBS is more expensive than 74.51% of the companies in the same industry.
SFBS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 20.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.58 | ||
| Fwd PE | 17.09 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SFBS is valued a bit more expensive than 76.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.97
EPS Next 2Y5.64%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SFBS has a Yearly Dividend Yield of 1.95%. Purely for dividend investing, there may be better candidates out there.
SFBS's Dividend Yield is slightly below the industry average, which is at 3.81.
SFBS's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
5.2 History
The dividend of SFBS is nicely growing with an annual growth rate of 17.12%!
SFBS has been paying a dividend for at least 10 years, so it has a reliable track record.
SFBS has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)17.12%
Div Incr Years9
Div Non Decr Years9
5.3 Sustainability
SFBS pays out 22.14% of its income as dividend. This is a sustainable payout ratio.
The dividend of SFBS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP22.14%
EPS Next 2Y5.64%
EPS Next 3YN/A
SERVISFIRST BANCSHARES INC
NYSE:SFBS (5/3/2024, 7:17:55 PM)
After market: 62.83 0 (0%)62.83
+1.23 (+2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.42B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.58 | ||
| Fwd PE | 17.09 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 14.36% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 46.84% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-17.79%
EPS 3Y6.59%
EPS 5Y
EPS growth Q2Q
EPS Next Y-3.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-12.46%
Revenue growth 3Y6.24%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y