Steven Scruggs Comments on ServisFirst Bancshares

Guru stock highlight

Author's Avatar
Nov 17, 2021
Summary
  • A top contributor.

ServisFirst Bancshares (SFBS, Financial), a full-service commercial bank, announced during the quarter that bothdeposits and book value grew 17% from the previous year.5 The growth in book value is in line with its long-term average. One of the largest holdings in our portfolio, we remain confident in the company’s long-term prospects.

From Steven Scruggs (Trades, Portfolio)' FPA Queens Road Small Cap Value Fund third-quarter 2021 letter.

Disclosures

I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure