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, Inc. has announced a quarterly cash dividend of $0.23 per share, which will be payable on October 7, 2022. This dividend is for stockholders recorded as of October 3, 2022, and was declared by the Board of Directors during a meeting held on September 19, 2022.
Based in Birmingham, Alabama, ServisFirst Bancshares offers a range of business and personal financial services through its subsidiary ServisFirst Bank in multiple locations.
ServisFirst Bancshares, Inc. (NYSE: SFBS) reported strong earnings for Q2 2022, with diluted earnings per share rising to $1.14, a 24% year-over-year increase. Key metrics include a 29% annualized growth in total loans, reaching $10.62 billion, and a 7% increase in deposits to $11.77 billion. The company expanded into the Tallahassee, Florida market and achieved a return on equity of 21%. Despite increased non-interest expenses, the efficiency ratio remained competitive. Overall, the financial results reflect robust profitability and market growth.
ServisFirst Bank has announced its expansion into Western North Carolina with the opening of a new branch in Asheville. This location will be led by local bankers, Bryan Boone and Tammy Baldwin, who bring extensive experience in commercial and small business lending. Boone, serving as Regional President, has 22 years of experience, while Baldwin takes on the role of Business Services Officer, focusing on client relationships and small business services. The bank, a subsidiary of ServisFirst Bancshares (NYSE: SFBS), reports assets exceeding $15 billion.
ServisFirst Bancshares, Inc. (NYSE: SFBS) will announce earnings for the quarter ending June 30, 2022, on July 18, 2022, at 4 p.m. ET. Following this, a live audio webcast discussing the results will take place at 5:15 p.m. ET on the same day. The earnings release and the audio webcast will be accessible via the company's website. ServisFirst Bancshares is based in Birmingham, Alabama, and offers financial services through its subsidiary, ServisFirst Bank, across several regions.
ServisFirst Bancshares, Inc. (NYSE: SFBS) announced a quarterly cash dividend of $0.23 per share, approved by its Board of Directors on June 21, 2022. This dividend is payable on July 8, 2022, to stockholders of record as of July 1, 2022. The firm, based in Birmingham, Alabama, offers a range of financial services through ServisFirst Bank across various states including Georgia, Florida, and Tennessee.
ServisFirst Bancshares (NYSE:SFBS) has promoted Angel Stinson to Chief Credit Officer for the Huntsville/North Alabama region. Stinson, with over 25 years of banking experience, has been with ServisFirst since 2018. In her new role, she will oversee the credit approval process and lead a team of credit analysts. The bank recently reported assets exceeding $15 billion, emphasizing its commitment to quality service and competitive products. CEO Andy Kattos praised Stinson's achievements and industry knowledge, highlighting her importance to the Huntsville team.
ServisFirst Bank, part of ServisFirst Bancshares (NYSE:SFBS), has appointed two local banking leaders in Charlotte. Craig May, III will serve as the Charlotte Regional President, bringing over 35 years of experience, having previously worked with JPMorgan Chase and Wells Fargo. Robert Shell, II joins as Executive Vice President and Chief Credit Officer, with 28 years of experience in various leadership roles. This strategic addition aims to enhance customer service and growth in the Charlotte market.
ServisFirst Bank has announced the opening of a new Loan Production Office (LPO) in Tallahassee, Florida, expanding its business operations in the state. This initiative is complemented by the appointment of four experienced bankers: Steven Lohbeck as Senior Vice President and Market President, Alex Corder as Vice President of Commercial Banking, Jessica Corley as Vice President Cash Management Officer, and Ryan Wolfkill as Vice President Credit Officer. The bank's assets now exceed $15 billion, highlighting its growth and commitment to quality service.
ServisFirst Bancshares, NYSE:SFBS, reported strong Q1 2022 results with a 12% increase in diluted earnings per share to $1.06, compared to Q1 2021. Excluding Paycheck Protection Program (PPP) loans, earnings rose 25% year-over-year. Total loans grew by $366 million, while total deposits reached $12.4 billion, a 17% annual increase. Return on equity was over 20%, signaling robust performance. However, non-interest income declined by 6.1% to $7.9 million, and non-performing assets slightly increased.
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