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NASDAQ:SFBS 21 January 2026

ServisFirst Bancshares stock jumps 13% as SFBS rallies on Q4 margin gains and Wall Street upgrades

ServisFirst Bancshares stock jumps 13% as SFBS rallies on Q4 margin gains and Wall Street upgrades

ServisFirst Bancshares shares surged 13% to close at $86.27 Wednesday after fourth-quarter results topped expectations. The bank reported $1.58 diluted EPS, $86.4 million net income, and a 3.38% net interest margin. Raymond James and Piper Sandler upgraded the stock, citing margin growth and loan expansion. Non-performing assets rose to 0.97% of total assets, up from 0.26% a year earlier.

Stock Market Today

  • Indian IT stocks lose ₹18 lakh crore amid AI concerns; signs of bottoming out emerge
    May 21, 2026, 11:34 PM EDT. India's top 10 IT exporters have lost ₹17.6 lakh crore in market value amid a multi-month bear market driven by fears over generative artificial intelligence (AI), weak discretionary spending, and muted earnings. The Nifty IT index dropped from 46,089 in December 2024 to 27,078 in May 2026, with Tata Consultancy Services (TCS) alone losing ₹8 lakh crore. Despite the sharp decline, fund managers like PPFAS and ICICI Prudential see contrarian valuation opportunities as sector weight in mutual funds hits an eight-year low. Stable Q4 FY26 results and healthy deal wins support cautious optimism, though volatility may continue. Sector skepticism is high due to AI-related disruption fears, but history suggests a potential rebound as AI adoption grows.

Latest articles

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

22 May 2026
OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

22 May 2026
Estée Lauder and Spain’s Puig ended merger talks that would have created a $40 billion beauty group. Estée Lauder shares rose about 10% in after-hours trading, closing the regular session at $78.91. The company said it will focus on its turnaround plan and continue reviewing possible acquisitions or divestitures.
WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

22 May 2026
WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
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