ServisFirst Bancshares, Inc. (NYSE:SFBS) Q4 2022 Earnings Call Transcript
Operator: Greetings and welcome to ServisFirst Bancshares Fourth Quarter Earnings Call. At this time, all participants are in a listen-only mode.
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Operator: Greetings and welcome to ServisFirst Bancshares Fourth Quarter Earnings Call. At this time, all participants are in a listen-only mode.
Revenues reached $9.1 billion as mass retailer activity gains momentum
The U.S. online grocery market finished December with $9.1 billion in total sales, up 2.4 percent compared to the previous year, and only 2 percent lower than the record high of $9.3 billion last seen in Q1 of 2021, according to the monthly Brick Meets Click/Mercatus Grocery Shopping Survey.
The Mississippi bank would take a big hit to capital and income but avoid the risk of a bigger payout from a guilty verdict in litigation against banks that did business with Allen Stanford's disgraced financial empire.
General Motors is telling Buick dealers it expects a $300,000 to $400,000 investment in their stores on equipment to sell EVs.