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. reports news centered on its role as the holding company for ServisFirst Bank, a commercial banking franchise serving business and personal customers across Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, Texas and Virginia. Company updates commonly cover commercial, consumer and other lending, deposit activity, electronic banking, treasury and cash management services, and correspondent banking for other financial institutions.
Recurring news themes include quarterly earnings and operating results, net interest margin, loan and deposit growth, liquidity, capital ratios, dividend declarations, market expansion and bank leadership appointments. The company’s releases also discuss franchise growth and operating efficiency within its single banking business.
BIRMINGHAM, Ala., June 29, 2021 - ServisFirst Bancshares, Inc. (NYSE: SFBS) will announce earnings for the quarter ended June 30, 2021, on July 19, 2021, at 4 p.m. ET. The earnings release will be available on their website. Following this, a live audio webcast discussing the results will take place at 5:15 p.m. ET on the same day, with a replay available until July 30, 2021. ServisFirst Bancshares provides various financial services across multiple states including Alabama, Florida, Tennessee, Georgia, and South Carolina.
BIRMINGHAM, Ala., June 21, 2021 - ServisFirst Bancshares, Inc. (NYSE: SFBS) announced a quarterly cash dividend of $0.20 per share, payable on July 9, 2021. The record date for stockholders is set for July 1, 2021. This decision reflects the company's ongoing commitment to providing shareholder value. ServisFirst Bancshares operates through ServisFirst Bank, offering a range of financial services across various states including Alabama, Florida, Tennessee, Georgia, and South Carolina.
ServisFirst Bancshares (NASDAQ: SFBS) announced its transfer of common stock listing to the New York Stock Exchange (NYSE) from NASDAQ, effective June 21, 2021. This move aims to align the company with globally recognized leaders and enhance long-term value for customers and shareholders. The stock will continue to trade on NASDAQ until market close on June 18, 2021. According to Chairman Tom Broughton, this transition is a significant step for the regional bank, which is known for its competitive products and advanced technology.
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Jason Costello has been appointed as Pinellas County Executive at ServisFirst Bank in Tampa. With over 16 years in banking, he aims to enhance the bank's outreach in the Tampa Bay area. His extensive background includes various roles such as Commercial Banking Team Lead and Branch Manager. ServisFirst Bank recently reported assets exceeding $11 billion, emphasizing a commitment to quality service and innovative banking solutions. This strategic hire is expected to drive growth in commercial banking services in the region.
ServisFirst Bank expands its operations in Florida by opening a Loan Production Office in Orlando, with a team of four banking professionals led by Ted Sheppe as President. The new team includes Amy Carlson, Jennifer Travis, and Michael Chong, all bringing extensive experience in commercial banking. This move aims to strengthen ServisFirst’s loan production services and build client relationships. The bank recently reported assets exceeding $11 billion and has consistently earned investment-grade ratings from Kroll Bond Rating Agency.
ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NASDAQ:SFBS), has appointed Tom Twitty as the new Director of Business Development. Twitty, with over 37 years of banking experience, will enhance outreach efforts with commercial and private banking teams. Tom Broughton, Chairman and CEO, expressed enthusiasm for Twitty's leadership, aiming to foster community growth. ServisFirst Bank's assets exceed $11 billion, with a focus on competitive products and quality service.
ServisFirst Bancshares released its Q1 2021 results, reporting a net income of $51.5 million, up 48% year-over-year. Diluted earnings per share reached $0.95, a 48% increase compared to Q1 2020. Total deposits grew 35% to $10.58 billion, with a 24% increase linked to the previous quarter. The efficiency ratio improved to 28%, down from 33% in Q1 2020. The company also recorded record liquidity levels and strong credit quality metrics.
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) will announce its earnings for Q1 2021 on April 19, 2021, at 4 p.m. ET. The announcement can be accessed via their website. A live audio webcast will follow at 5:15 p.m. ET to discuss the results, with a replay available until April 30, 2021. ServisFirst Bancshares, headquartered in Birmingham, Alabama, provides a range of financial services through its subsidiary, ServisFirst Bank, across several states including Alabama, Florida, Tennessee, Georgia, and South Carolina.
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) has declared a quarterly cash dividend of $0.20 per share. This dividend will be payable on April 9, 2021, to stockholders of record as of April 1, 2021. This announcement reflects the company's ongoing commitment to returning value to its shareholders. ServisFirst operates a bank holding company based in Birmingham, Alabama, offering financial services across several states.