Welcome to our dedicated page for Servisfirst Bancshares news (Ticker: SFBS), a resource for investors and traders seeking the latest updates and insights on Servisfirst Bancshares stock.
Servisfirst Bancshares Inc (SFBS) delivers innovative banking solutions through its ServisFirst Bank subsidiary, serving commercial and consumer clients across the southern United States. This news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives.
Access verified press releases and analysis covering earnings announcements, leadership changes, product launches, and regulatory filings. Our curated collection ensures efficient tracking of SFBS's growth in commercial banking, digital services expansion, and correspondent banking partnerships.
Key updates include quarterly financial results, branch network developments, treasury management innovations, and community banking collaborations. Bookmark this page for direct access to primary source materials that inform understanding of SFBS's market position and operational strategy.
ServisFirst Bancshares (NYSE:SFBS) has been ranked fifth among top publicly traded banks with assets between $10-50 billion, according to American Banker's annual list based on 2024 year-end data. The $18 billion-asset institution demonstrated strong financial performance with a three-year average ROAE of 16.95% and a 2024 net interest margin of 2.82%.
As the only Alabama-based bank in the top ten, ServisFirst's success is attributed to disciplined growth and loan expansion, despite industry-wide declining median net income in their asset tier. The bank moved from fourth place in 2023 to fifth place in the 2024 rankings.
ServisFirst Bancshares (NYSE:SFBS) reported strong Q2 2025 financial results with diluted earnings per share of $1.12, or adjusted EPS of $1.21, up 27% year-over-year. The bank demonstrated solid performance with net interest margin improving to 3.10% from 2.92% in Q1 2025.
Key highlights include loan growth of $346 million (11% annualized) during the quarter, and book value per share reaching $31.52, up 14% year-over-year. The bank maintains strong liquidity with $1.7 billion in cash and cash equivalents (10% of total assets) and no FHLB advances or brokered deposits. The consolidated common equity tier 1 capital ratio improved to 11.38% from 10.93% year-over-year.
Total assets reached $17.38 billion with total loans of $13.23 billion and deposits of $13.86 billion. The bank's efficiency ratio improved to 33.46%, demonstrating effective operational management.
ServisFirst Bancshares (NYSE:SFBS) has scheduled its second quarter 2025 earnings announcement for July 21, 2025 at 4:00 PM ET. The company will host a live audio webcast to discuss the results at 5:15 PM ET on the same day. The earnings release will be available on the company's website, and a replay of the webcast will remain accessible until July 31, 2025.
ServisFirst Bank (NYSE:SFBS) has appointed Jim Harper as Senior Vice President and Chief Credit Officer. Harper brings over 20 years of banking industry experience, including more than a decade in senior credit roles with regional financial institutions.
In his most recent position, Harper served as Executive Vice President, Senior Credit Risk Officer within a corporate banking group, where he was instrumental in credit decisioning and administration. He holds a BBA in Economics from Mississippi State University and an MBA from Vanderbilt University's Owen Graduate School of Management.
The current Chief Credit Officer, Henry Abbott, will transition to a consulting position within the bank and continue supporting the credit team during the transition period.
ServisFirst Bancshares (NYSE: SFBS) reported strong Q1 2025 financial results with diluted earnings per share of $1.16, up 26.1% year-over-year. The bank demonstrated robust growth with deposits increasing by $886 million (26% annualized) and loans growing by $281 million (9% annualized) during the quarter.
Key financial metrics include:
- Net income of $63.2 million
- Return on average equity increased to 15.63% from 13.82% year-over-year
- Book value per share reached $30.56, up 12.9% year-over-year
- Strong liquidity position with $3.3 billion in cash (18% of total assets)
- Consolidated common equity tier 1 capital ratio improved to 11.48%
The bank maintained solid asset quality with non-performing assets at 0.40% of total assets and an allowance for credit losses at 1.28% of total loans. The efficiency ratio improved to 34.97% from 43.30% year-over-year.
ServisFirst Bancshares (NYSE: SFBS) has scheduled its first quarter 2025 earnings announcement for April 21, 2025, at 4 p.m. ET. The company will follow up with a live audio webcast at 5:15 p.m. ET on the same day to discuss the quarterly results and earnings.
Investors can access both the earnings release and the webcast through the company's website at www.servisfirstbancshares.com. A replay of the earnings call will remain available until April 30, 2025.
ServisFirst Bancshares (NYSE: SFBS) has announced its quarterly cash dividend declaration for the first quarter of 2025. The company's Board of Directors has approved a dividend of $0.335 per share. The dividend will be paid on April 9, 2025, to stockholders who are on record as of April 1, 2025.
ServisFirst Bank (NYSE:SFBS) has appointed David Sparacio as its new Chief Financial Officer, effective March 10, 2025. Sparacio brings over three decades of experience in banking and financial management, with expertise in corporate finance, accounting, and operational leadership.
The appointment follows an extensive nationwide search by Chartwell Partners. Sparacio will oversee the bank's financial strategy, regulatory reporting, and accounting operations. He holds degrees from the University of New Orleans, Loyola University New Orleans, and the U.S. Army War College, and currently serves as a Colonel in the U.S. Army Reserve.
Ed Woodie, who has served as interim CFO since October 2024, will transition the role to Sparacio.