Steven Scruggs Comments on ServisFirst

Guru stock highlight

Author's Avatar
May 05, 2022
Summary
  • A top contributor.
Article's Main Image

ServisFirst Bancshares (SFBS, Financial), a Birmingham, Ala.-based commercial bank, finished 2021 posting 8%quarter-over-quarter loan growth and has signaled that management expects the strong loan growth to continue throughout 2022. Loan quality remains high, and loss reserves seem more than adequate. The company recently hired a new team of bankers to help sustain continued loan growth. As one of the largest holdings in the portfolio, we remain confident in the company’s long-term prospects.5

From Steven Scruggs (Trades, Portfolio)' FPA Queens Road Small Cap Value Fund fist-quarter 2022 commentary.

Also check out:

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