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ServisFirst Bancshares prices IPO at $91, the low end of the range

By: Renaissance Capital
Posted: 5/13/2014 6:45:00 PM
Referenced Stocks: SFBS

ServisFirst Bancshares, a commercial bank with 12 branches in Alabama, Florida and Tennessee, raised $57 million by offering 625,000 shares at $91, the low end of the range. ServisFirst Bancshares will list on the NASDAQ under the symbol SFBS. Sandler O'Neill acted as sole bookrunner on the deal.