ServisFirst Bancshares (SFBS) Interest Expense - Debt: 2016-2022
Historic Interest Expense - Debt for ServisFirst Bancshares (SFBS) over the last 7 years, with Dec 2022 value amounting to $14.4 million.
- ServisFirst Bancshares' Interest Expense - Debt rose 840.51% to $14.4 million in Q4 2022 from the same period last year, while for Dec 2022 it was $29.0 million, marking a year-over-year increase of 454.69%. This contributed to the annual value of $78.8 million for FY2024, which is 11.68% up from last year.
- As of Q4 2022, ServisFirst Bancshares' Interest Expense - Debt stood at $14.4 million, which was up 56.28% from $9.2 million recorded in Q3 2022.
- ServisFirst Bancshares' 5-year Interest Expense - Debt high stood at $14.4 million for Q4 2022, and its period low was $1.1 million during Q2 2020.
- Moreover, its 3-year median value for Interest Expense - Debt was $1.4 million (2021), whereas its average is $3.3 million.
- Per our database at Business Quant, ServisFirst Bancshares' Interest Expense - Debt tumbled by 68.52% in 2020 and then skyrocketed by 840.51% in 2022.
- Quarterly analysis of 5 years shows ServisFirst Bancshares' Interest Expense - Debt stood at $2.3 million in 2018, then increased by 11.71% to $2.6 million in 2019, then crashed by 56.90% to $1.1 million in 2020, then surged by 35.54% to $1.5 million in 2021, then surged by 840.51% to $14.4 million in 2022.
- Its Interest Expense - Debt stands at $14.4 million for Q4 2022, versus $9.2 million for Q3 2022 and $3.8 million for Q2 2022.