ServisFirst Bancshares, Inc.

ServisFirst Bancshares, Inc. Announces Results for Third Quarter of 2026

ServisFirst Bancshares reported Q3 2026 diluted EPS of $0.80, up 33% from $0.60 a year ago and up 23% versus adjusted prior-year EPS, on net income of $87.3 million. Net interest margin held at 3.63%, up 54 basis points year-over-year excluding a prior-quarter loan recovery, while ending loans grew $1.43 billion (11%) YoY and noninterest-bearing deposits rose 12%. Credit trends remain benign with nonperforming assets flat at 0.96% of assets, though net charge-offs ticked up to 0.21% annualized and the provision rose to $14.9 million from $9.3 million a year ago. Post-quarter, the company completed its two-for-one stock split and announced its inaugural buyback program authorizing up to two million shares through December 31, 2027.

•7d ago

ServisFirst Bancshares, Inc. Announces Inaugural Stock Repurchase Program

ServisFirst Bancshares' board approved the company's inaugural stock repurchase program, allowing buybacks of up to two million shares through December 31, 2027. Repurchases may occur in the open market at prevailing prices or in privately negotiated transactions, with timing and volume at management's discretion. The first-ever authorization is framed as a signal of the Board's confidence in the bank's capital position and commitment to maximizing shareholder value.

•12d ago

Boxwood Partners Advises AmCoat Industrial on Senior Secured Financing from ServisFirst Bank

ServisFirst Bank provided senior secured financing to AmCoat Industrial to support its merger with Rhino Shield of Florida and fund strategic dealer acquisitions. Boxwood Partners advised AmCoat on the transaction, which is designed to scale the borrower's distribution platform and strengthen its dealer network. The deal represents an incremental addition to ServisFirst's commercial loan portfolio, though specific financial terms and dollar amounts were not disclosed.

•2mo ago

ServisFirst Bancshares, Inc. Ranks Sixth Among Top-Performing Banks with between $10 Billion to $50 Billion in Assets

ServisFirst Bancshares ranked sixth among top-performing U.S. banks with $10 billion to $50 billion in assets, according to American Banker's annual list compiled by Capital Performance Group. The company reported a three-year average return on average equity of 15.39% and a 2025 net interest margin of 3.12%, with total assets exceeding $18 billion. CEO Tom Broughton attributed the performance to the team's consistency and commitment to customer focus, noting the bank's strong positioning in the Southeast market.

•2mo ago

SFBS: 8-K · other

ServisFirst Bancshares furnished an updated investor presentation as Exhibit 99.1 to an 8-K filed August 7, 2026, under Item 7.01 Regulation FD, incorporating current quarter financial information for investor discussions. The deck shows $18.3 billion of total assets, $14.5 billion of gross loans and $14.5 billion of deposits as of June 30, 2026, with second-quarter ROAA of 1.91%, a 29.65% efficiency ratio, a 3.58% net interest margin, and $168.8 million of net income available to common ($3.09 diluted EPS) for the period ended June 30, 2026. Management emphasizes an organic growth record of a 23% asset CAGR since its 2005 founding and a 16% 10-year diluted EPS CAGR, tangible book value per share of $35.94, a stock price up more than 5,200% since inception, and dividends increased every year since the 2014 IPO. The update is routine (furnished, not filed, with no new material events) and credit metrics remain benign at 0.96% NPAs/assets and 0.17% net charge-offs, though CRE at 307% of total risk-based capital stays above the 300% concentration level regulators scrutinize.

SEC 8-K•2mo ago

SFBS: 10-Q · periodic report

ServisFirst Bancshares reported Q2 2026 net income of $85.8 million, up from $61.4 million a year earlier, with diluted EPS of $1.57 versus $1.12, a 40.2% increase. Net interest income rose 18.2% to $155.6 million and net interest margin expanded 53 basis points to 3.63%, while average loans grew 9.3% to $14.22 billion and return on average assets hit 1.91%. Balance sheet momentum continued, with total assets of $18.35 billion (+3.5% from year-end), total loans of $14.48 billion (+5.7%), and total deposits of $14.55 billion (+2.3%). Credit quality stayed benign with nonperforming loans of $171.0 million (1.18% of loans), net charge-offs of just 0.11% of average loans, and the company remains well-capitalized at an 11.83% consolidated CET1 ratio. On July 20, 2026 the board declared a two-for-one stock split effected as a 100% stock dividend, with a record date of August 5, 2026, distribution on or about August 20, 2026, and post-split trading expected on or about August 21, 2026. Shares outstanding will rise from roughly 54.7 million to roughly 109.3 million, and Q2 EPS becomes $0.78 on a pro-forma post-split basis. The 10-Q also disclosed a material weakness in internal control over financial reporting stemming from a $41.5 million sign error on dividends paid in the Q1 2026 statement of cash flows. Management deemed the error immaterial, required no restatement, and concluded the weakness was remediated as of June 30, 2026, though a new risk factor on internal controls was added.

SEC 10-Q•2mo ago

ServisFirst Bancshares, Inc. Announces Two-for-One Stock Split

ServisFirst declared a two-for-one stock split in the form of a stock dividend, payable August 20 to shareholders of record as of August 5. The split will increase total outstanding shares from approximately 54.7 million to 109.3 million, with trading on a post-split basis expected to begin August 21.

•3mo ago

ServisFirst Bancshares, Inc. Announces Results for Second Quarter of 2026

ServisFirst Bancshares reported Q2 2026 diluted EPS of $1.57, up 40% from the prior year, driven by a 53-basis point expansion in net interest margin to 3.63% and strong loan growth. Net income available to common stockholders rose 39.7% to $85.8 million, while the bank maintained an efficiency ratio under 30% and achieved a 17.71% return on average common equity. Loans grew $533 million during the quarter, or 15% annualized, and deposits increased 5% year-over-year to $14.55 billion, though nonperforming assets rose slightly due to one large real-estate relationship.

•3mo ago