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. (NYSE: SFBS) is a bank holding company based in Birmingham, Alabama, with operations conducted through ServisFirst Bank, a full-service commercial bank. News about SFBS often centers on its commercial banking activities, regional expansion and financial performance across markets in Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, Virginia and Texas.
Company news releases highlight topics such as quarterly and annual earnings results, dividend declarations by the Board of Directors and updates to investor presentations. Earnings announcements describe trends in net income, net interest margin, loan and deposit growth, capital ratios, non-performing assets and efficiency measures, as well as the use of non-GAAP metrics like adjusted net income and adjusted diluted earnings per share.
ServisFirst news also covers strategic developments at ServisFirst Bank, including the formation of new offices and expansion into additional markets. For example, the bank has reported opening an office in Houston, Texas, following earlier introduction of correspondent banking services in the state. Leadership announcements detail appointments such as Chief Banking Officer, Sales Manager and Regional CEOs in various regions, reflecting the bank’s focus on commercial banking, correspondent banking, treasury management, private banking and the professional consumer market.
Dividend-related news items describe quarterly cash dividends, including increases in the dividend rate and information on record and payment dates. Together, these news categories provide insight into ServisFirst Bancshares, Inc.’s operating performance, capital management, geographic growth and organizational developments. Investors and observers can use this news stream to follow how the company manages its commercial banking franchise and responds to conditions in its regional markets.
ServisFirst Bancshares (NYSE: SFBS) reported strong third-quarter earnings for the period ending September 30, 2022. The diluted earnings per share rose 22% year-over-year to $1.17. Total loans increased by $661.3 million (25% annualized), with a book value per share up 11% year-over-year. However, a preliminary settlement and write-down resulted in a charge of $2.4 million. The return on average common stockholders' equity stood at 20.49%. The efficiency ratio improved to 31.54%, reflecting operational efficiency despite rising expenses.
ServisFirst Bancshares, Inc. (NYSE: SFBS) will announce its earnings for the quarter ended September 30, 2022, on October 17, 2022, at 4 p.m. ET. The earnings report will be accessible on their website. A live audio webcast to discuss these results is scheduled for the same day at 5:15 p.m. ET, also available on their website. A replay will be accessible until October 31, 2022.
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.
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