ServisFirst Bancshares, Inc. - Common Stock (SFBS)

US regional banks gain as investors rotate from large-cap to small-cap stocks, with the SPDR S&P Regional Banking ETF rallying 4.5% on Tuesday.

SFBS stock results show that Servisfirst Bancshares beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

SFBS stock results show that Servisfirst Bancshares beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

An inflation surprise greeted investors on Wednesday, sparking significant apprehension about the future of interest rates.

Companies Reporting Before The Bell • MainStreet Bancshares (NASDAQ:MNSB) is projected to report quarterly earnings at $0.52 per share on revenue of $17.10 million.

Inflation unexpectedly surges, shattering hopes for Fed rate cuts & sending stocks down. Core inflation also exceeded expectations. No sector escapes losses, with real estate hit hardest.

Commercial real estate industry is experiencing bad loans exceeding reserve losses for banks like JPM, BAC, WFC, C, GS, and MS, raising regulatory concerns.

US banks with large CRE loan portfolios face increased regulatory scrutiny, but NYCB stands out with steady growth despite exceeding threshold.

Although risky bank stocks might not be everyone’s idea of a good time, for contrarian investors, this sector may hold some surprises.

Companies Reporting Before The Bell • Koninklijke Philips (NYSE:PHG) is expected to report quarterly earnings at $0.63 per share on revenue of $5.79 billion.

Gainers SciSparc Ltd. (NASDAQ: SPRC) shares climbed 146.2% to $6.97. Aegis Capital Corp. acted as exclusive placement agent on a $5.0 million private placement for SciSparc.