Southeast commercial bank ServisFirst Bancshares files for a $72 million IPO

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ServisFirst Bancshares, which operates 12 commercial banks and 1 loan production office in the southeast US, filed on Monday with the SEC to raise up to $72 million in an initial public offering. The Birmingham, AL-based company, which was founded in 2005 and booked $122 million in sales for the fiscal year ended December 31, 2013, plans to list on the NASDAQ under the symbol SFBS. Sandler O'Neill and Raymond James are the joint bookrunners on the deal. No pricing terms were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

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