Is ServisFirst Bancshares (SFBS) a Good Investment Choice?

Investment management company First Pacific Advisors recently released its “Queens Road Small Cap Value Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the quarter, the fund outperformed its benchmark index and returned -11.46% compared to a -15.28% return for the Russell 2000 Value Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

In the second quarter investor letter, First Pacific Advisors discussed stocks like ServisFirst Bancshares, Inc. (NYSE:SFBS). Headquartered in Birmingham, Alabama, ServisFirst Bancshares, Inc. (NYSE:SFBS) is a bank holding company. On August 26, 2022, ServisFirst Bancshares, Inc. (NYSE:SFBS) stock closed at $86.80 per share. One-month return of ServisFirst Bancshares, Inc. (NYSE:SFBS) was 0.51%, and its shares gained 19.63% of their value over the last 52 weeks. ServisFirst Bancshares, Inc. (NYSE:SFBS) has a market capitalization of $4.714 billion.

Here is what First Pacific Advisors specifically said about ServisFirst Bancshares, Inc. (NYSE:SFBS):

“ServisFirst Bancshares, Inc. (NYSE:SFBS), a branch-light commercial bank focused on the Southeast, continues to grow at 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.”

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ServisFirst Bancshares, Inc. (NYSE:SFBS) is not on the list of 30 Most Popular Stocks Among Hedge Funds. ServisFirst Bancshares, Inc. (NYSE:SFBS) was held by 10 hedge fund portfolios at the end of the second quarter compared to 9 in the previous quarter.

We discussed ServisFirst Bancshares, Inc. (NYSE:SFBS) in another article and shared First Pacific Advisors’ views about the company in the previous quarter. You can check out our hedge fund investor letters Q2 2022 page for more investor letters from hedge funds and other prominent investors.

Disclosure: None. This article is originally published at Insider Monkey.