Steven Scruggs Comments on ServisFirst Bancshares

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Aug 17, 2022

Summary

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ServisFirst Bancshares (SFBS, Financial), a branch-light commercial bank focused on the Southeast, continues to growat a high double-digit rate. They are adding bankers and loan losses remain low.³ SFBS’s differentiated model, investing in people over branches, allows them to have best-in-class efficiency metrics while maintaining a conservative lending culture.

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

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