ServisFirst Bancshares, Inc. (NYSE:SFBS) Q4 2024 Earnings Conference Call January 27, 2025 5:15 PM ET
Company Participants
Davis Mange – IR
Tom Broughton – CEO
Henry Abbott – CCO
Ed Woodie – Interim CFO
Rodney Rushing – EVP and COO
Conference Call Participants
Stephen Scouten – Piper Sandler
Steve Moss – Raymond James
Dave Bishop – Hovde Group
Operator
Greetings, and welcome to the ServisFirst Bancshares Fourth Quarter and Full Year Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator instructions] As a reminder, this conference is being recorded. It’s now my pleasure to introduce your host, Davis Mange. Thank you. You may begin.
Davis Mange
Good afternoon, and welcome to our fourth quarter earnings call. Today’s speakers will cover some highlights from the quarter and then take your questions. We’ll have Tom Broughton, our CEO; Henry Abbott, our Chief Credit Officer; and Ed Woodie, our Interim CFO.
I’ll now cover our forward-looking statements disclosure. Some of the discussion in today’s earnings call may include forward-looking statements. Actual results may differ from any projections shared today due to factors described in our most recent 10-K and 10-Q filings. Forward-looking statements speak only as of the date they are made and ServisFirst assumes no duty to update them.
With that, I’ll turn the call over to Tom.
Tom Broughton
Thank you, Davis. Good afternoon, and thank you for joining our fourth quarter conference call. We were really pleased with the quarter and all of our trends turned out to be positive. If we recap the year, we ended with earnings per share — diluted earnings per share up 10% over 2023 and our net interest margin did climb steadily from 2.57% in the fourth quarter of 2023 to 2.96% in the fourth quarter of 2024. And also our book value, more
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