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BIRMINGHAM, Ala., Oct. 19, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS) today announced earnings and operating results for the quarter ended September 30, 2026.

Third Quarter 2026 Highlights and Financial Summary:

Diluted earnings per share of $0.80 for the quarter, up 33% from the third quarter of 2025, and up 23% from adjusted diluted earnings per share in the third quarter of 2025*.Loans grew by $1.43 billion, or 11%, year-over-year.Net interest margin of 3.63%, unchanged from the second quarter of 2026; excluding a loan recovery in the previous quarter, NIM was 5 basis points higher, and up 54 basis points compared to the third quarter of 2025.Noninterest-bearing deposits increased 12% year-over-year.Completed our two-for-one stock split during the quarter**.Subsequent to quarter-end, the Company announced its inaugural stock repurchase program, authorizing the repurchase of up to two million shares of common stock through December 31, 2027.Book value per share of $18.63, up 14% year-over-year.Efficiency ratio of 30.20%, improved from 35.22% in the third quarter of 2025.Year-to-date return on average common stockholders’ equity increased from 15.01% in 2025 to 17.62% in 2026, and year-to-date adjusted return on average common stockholders’ equity* increased from 15.85% to 17.61%.Consolidated common equity tier 1 capital to risk-weighted assets increased from 11.49% in the third quarter of 2025 to 11.98% in the third quarter of 2026. Tom Broughton, Chairman, President, and CEO, said, “We see solid economic trends, and loan activity is improving with continued growth in our loan pipeline.”

David Sparacio, CFO, said, “We continue to grow our top line revenue through asset and margin growth, while maintaining a best-in-class efficiency ratio, resulting in top quartile returns.”

FINANCIAL SUMMARY (UNAUDITED)
(in Thousands except per share data)
 Period Ended September 30, 2026 Period Ended June 30, 2026 % Change From Period Ended June 30, 2026 to Period Ended September 30, 2026 Period Ended September 30, 2025 % Change From Period Ended September 30, 2025 to Period Ended September 30, 2026 QUARTERLY OPERATING RESULTS                   Net Income $87,308  $85,793  1.8 % $65,571  33.2 % Net Income Available to Common Stockholders $87,308  $85,762  1.8 % $65,571  33.2 % Diluted Earnings Per Share $0.80  $0.78  2.6 % $0.60  33.3 % Return on Average Assets  1.89%  1.91%     1.47%    Return on Average Common Stockholders' Equity  17.26%  17.71%     14.88%    Average Diluted Shares Outstanding  109,390   109,406      109,336                         Adjusted Net Income, net of tax* $87,197  $85,793  1.6 % $71,422  22.1 % Adjusted Net Income Available to Common                   Stockholders, net of tax* $87,197  $85,762  1.7 % $71,422  22.1 % Adjusted Diluted Earnings Per Share, net of tax* $0.80  $0.78  2.6 % $0.65  23.1 % Adjusted Return on Average Assets, net of tax*  1.89%  1.91%     1.60%    Adjusted Return on Average Common                   Stockholders' Equity, net of tax*  17.24%  17.71%     16.21%                        YEAR-TO-DATE OPERATING RESULTS                   Net Income $256,072         $190,219  34.6 % Net Income Available to Common Stockholders $256,041         $190,188  34.6 % Diluted Earnings Per Share $2.34         $1.74  34.5 % Return on Average Assets  1.90%         1.44%    Return on Average Common Stockholders' Equity  17.62%         15.01%    Average Diluted Shares Outstanding  109,395          109                         Adjusted Net Income, net of tax* $255,961         $200,779  27.5 % Adjusted Net Income Available to Common                   Stockholders, net of tax* $255,930         $200,748  27.5 % Adjusted Diluted Earnings Per Share, net of tax* $2.34         $1.84  27.3 % Adjusted Return on Average Assets, net of tax*  1.90%         1.52%    Adjusted Return on Average Common                   Stockholders' Equity, net of tax*  17.61%         15.85%                        BALANCE SHEET                   Total Assets $18,319,690  $18,345,498  (0.1)% $17,584,199  4.2 % Loans  14,737,303   14,478,489  1.8 %  13,311,967  10.7 % Noninterest-bearing Demand Deposits  2,910,281   2,995,402  (2.8)%  2,598,895  12.0 % Total Deposits  14,087,378   14,548,730  (3.2)%  14,106,922  (0.1)% Stockholders' Equity  2,037,346   1,978,418  3.0 %  1,781,647  14.4 %  * This press release includes certain non-GAAP financial measures: adjusted net income, adjusted net income available to common stockholders, adjusted diluted earnings per share, adjusted return on average assets, adjusted return on average common stockholders’ equity, adjusted efficiency ratio, tangible common stockholders' equity, total tangible assets, tangible book value per share, tangible common equity to total tangible assets, adjusted net interest income, adjusted noninterest income, and adjusted noninterest expense. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.”

**All share and per-share amounts presented reflect the Company’s two-for-one stock split during the quarter, including retrospective adjustments to prior-period amounts.

Note: Amounts presented in this report may not sum to the totals due to rounding.

DETAILED FINANCIALS

ServisFirst Bancshares, Inc. reported net income and net income available to common stockholders of $87.3 million for the quarter ended September 30, 2026, compared to $65.6 million for the third quarter of 2025. Basic and diluted earnings per common share were both $0.80 in the third quarter of 2026, compared to $0.78 in the second quarter of 2026 and $0.60 in the third quarter of 2025. The prior-year quarter adjusted diluted earnings per share were $0.65.

Annualized return on average assets was1.89% and annualized return on average common stockholders’ equity was 17.26% for the third quarter of 2026, compared to 1.47% and 14.88%, respectively, for the third quarter of 2025.

Net interest income was $159.8 million for the third quarter of 2026, compared to $155.6 million for the second quarter of 2026 and $133.4 million for the third quarter of 2025. The net interest margin in the third quarter of 2026 was 3.63% compared to 3.63% in the second quarter of 2026 and 3.09% in the third quarter of 2025. Loan yields were 6.24% during the third quarter of 2026 compared to 6.23% during the second quarter of 2026 and 6.34% during the third quarter of 2025. During the second quarter of 2026, we recovered $1.9 million in interest income from a large credit relationship that was previously on nonaccrual status. This recovery accounted for five basis points of the increase in loan yields from the first quarter of 2026. Investment yields were 3.85% during the third quarter of 2026 compared to 3.82% during the second quarter of 2026 and 3.60% during the third quarter of 2025. Average interest-bearing deposit rates were 2.80% during the third quarter of 2026, compared to 2.80% during the second quarter of 2026 and 3.41% during the third quarter of 2025. Average federal funds purchased rates were 3.78% during the third quarter of 2026, compared to 3.74% during the second quarter of 2026 and 4.46% during the third quarter of 2025.

Average loans for the third quarter of 2026 were $14.54 billion, an increase of $320.5 million, or 8.9% annualized, from average loans of $14.22 billion for the second quarter of 2026, and an increase of $1.34 billion, or 10.1%, from average loans of $13.21 billion for the third quarter of 2025. Ending total loans for the third quarter of 2026 were $14.74 billion, an increase of $258.8 million, or 7.1% annualized, from $14.48 billion for the second quarter of 2026, and an increase of $1.43 billion, or 10.7%, from $13.31 billion for the third quarter of 2025.

Average total deposits for the third quarter of 2026 were $14.33 billion, an increase of $10.6 million, or 0.3% annualized, from average total deposits of $14.32 billion for the second quarter of 2026, and an increase of $195.2 million, or 1.4%, from average total deposits of $14.13 billion for the third quarter of 2025. Ending total deposits for the third quarter of 2026 were $14.09 billion, a decrease of $461.4 million, or 12.6% annualized, from $14.55 billion for the second quarter of 2026, and a decrease of $19.5 million, or 0.1%, from $14.11 billion for the third quarter of 2025.

Nonperforming assets to total assets were 0.96% for the third quarter of 2026, compared to 0.96% for the second quarter of 2026 and 0.96% for the third quarter of 2025. Annualized net charge-offs to average loans were 0.21% for the third quarter of 2026, compared to 0.11% for the second quarter of 2026 and 0.27% for the third quarter of 2025. The allowance for credit losses to total loans at September 30, 2026, June 30, 2026, and September 30, 2025, was 1.28%, 1.26%, and 1.28%, respectively. We recorded a $14.9 million provision for loan losses in the third quarter of 2026 compared to $11.7 million in the second quarter of 2026, and $9.3 million in the third quarter of 2025.

Noninterest income was $13.1 million for the third quarter of 2026 compared to $2.8 million in the third quarter of 2025, an increase of $10.3 million. Adjusted for $148,000 of securities gains in the third of 2026 and $7.8 million of securities losses in the third quarter of 2025, this represented a $2.3 million, or 21.8% increase. Service charges on deposit accounts increased $132,000, or 4.0%, to $3.4 million for the third quarter of 2026 from $3.3 million in the third quarter of 2025, and increased $110,000, or 3.3% on a linked quarter basis. Mortgage banking revenue remained relatively flat at $1.9 million, on a year-over-year basis. Credit card income remained relatively flat at $2.4 million, on a year-over-year basis. Bank-owned life insurance (“BOLI”) income increased $1.9 million, or 80.6%, to $4.3 million for the third quarter of 2026 from $2.4 million in the third quarter of 2025, and increased $210,000, or 5.1%, on a linked quarter basis. Other operating income increased $174,000, or 26.6%, to $829,000 for the third quarter of 2026 from $655,000 in the third quarter of 2025, and increased $121,000, or 17.1%, on a linked quarter basis.

Noninterest expense increased $4.2 million, or 8.8%, to $52.2 million for the third quarter of 2026 from $48.0 million in the third quarter of 2025, and increased $2.3 million, or 4.5%, on a linked quarter basis. Salary and benefit expense increased $1.4 million, or 5.5%, to $26.9 million for the third quarter of 2026 from $25.5 million in the third quarter of 2025, and increased $653,000, or 2.5%, on a linked quarter basis. The year-over-year increase was primarily due to the full impact of our Houston market expansion. The number of full-time equivalent employees (excluding temporary employees) increased by 25, or 3.8%, to 675 at September 30, 2026 compared to 650 at September 30, 2025, and increased by twelve from the end of the second quarter of 2026. Equipment and occupancy expense decreased $234,000, or 6.5%, to $3.4 million for the third quarter of 2026 from $3.6 million in the third quarter of 2025, and decreased $582,000, or 14.7%, on a linked quarter basis. Third party processing and other services expense decreased $14,000, or 0.2%, to $8.1 million for the third quarter of 2026 from $8.1 million in the third quarter of 2025, and increased $119,000, or 1.5%, on a linked quarter basis. Professional services expense increased $94,000, or 5.1%, to $2.0 million for the third quarter of 2026 from $1.9 million in the third quarter of 2025, and decreased $276,000, or 12.4%, on a linked quarter basis. Other operating expenses increased $2.9 million, or 46.9%, to $8.9 million for the third quarter of 2026 from $6.1 million in the third quarter of 2025, and increased $2.2 million, or 33.2%, on a linked quarter basis. The efficiency ratio was 30.20% during the third quarter of 2026 compared to 35.22% during the third quarter of 2025 and 29.65% during the second quarter of 2026.

Our effective tax rate was 17.21% for the third quarter of 2026 compared to 16.81% for the third quarter of 2025, and 19.94% on a linked quarter basis. During the third quarter of 2026, we purchased Investment Tax Credits, which reduced our tax expense. We recognized a reduction in provision for income taxes resulting from excess tax benefits from the exercise and vesting of stock options and restricted stock during the third quarters of 2026 and 2025 of $37,000 and $81,000, respectively.

About ServisFirst Bancshares, Inc.

ServisFirst Bancshares, Inc. (the “Company”) is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank (the “Bank”), the Company provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas and Virginia. Through the Bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions.

ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (“SEC”). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbancshares.com.

Statements in this press release that are not historical facts, including, but not limited to, statements concerning future operations, results or performance, are hereby identified as “forward-looking statements” for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended (the “Securities Act”). The words “believe,” “expect,” “anticipate,” “project,” “plan,” “intend,” “will,” “could,” “would,” “might” and similar expressions often signify forward-looking statements. Such statements involve inherent risks and uncertainties. The Company cautions that such forward-looking statements, wherever they occur in this press release or in other statements attributable to the Company, are necessarily estimates reflecting the judgment of the Company’s senior management and involve risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Such forward-looking statements should, therefore, be considered in light of various factors that could affect the accuracy of such forward-looking statements, including, but not limited to: general economic conditions, especially in the credit markets and in the Southeast; the impact of tariffs, trade wars and other conflicts on general economic conditions; the performance of the capital markets; changes in interest rates, yield curves and interest rate spread relationships; changes in accounting and tax principles, policies or guidelines; changes in legislation or regulatory requirements; changes as a result of our reclassification as a large financial institution by the Federal Deposit Insurance Corporation ("FDIC"); changes in our loan portfolio and the deposit base; possible changes in laws and regulations and governmental monetary and fiscal policies, including, but not limited to, Federal Reserve policies in connection with continued or re-emerging inflationary pressures and the ability of the U.S. Congress to increase the U.S. statutory debt limit as needed; computer hacking or cyber-attacks resulting in unauthorized access to confidential or proprietary information; substantial, unexpected or prolonged changes in the level or cost of liquidity; the cost and other effects of legal and administrative cases and similar contingencies; possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and the value of collateral; the effect of natural disasters, such as hurricanes and tornados, in our geographic markets; and increased competition from both banks and nonbank financial institutions. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K, "Forward-Looking Statements" and "Risk Factors" in our subsequent Quarterly Reports on Form 10-Q and our other SEC filings. If one or more of the factors affecting our forward-looking information and statements proves incorrect, then our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements. Accordingly, you should not place undue reliance on any forward-looking statements, which speak only as of the date made. The Company assumes no obligation to update or revise any forward-looking statements that are made from time to time.

More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbancshares.com or by calling (205) 949-0302.

Contact: ServisFirst Bank
Davis Mange (205) 949-3420
[email protected]

   SELECTED FINANCIAL HIGHLIGHTS (UNAUDITED)
  (in Thousands except per share data)
    3rd Quarter 2026 2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 CONSOLIDATED STATEMENT OF INCOME                     Interest income $257,353  $249,880  $241,480  $251,388  $251,308  Interest expense  97,539   94,243   93,332   104,867   117,860  Net interest income  159,814   155,637   148,148   146,521   133,448  Provision for credit losses  15,245   11,412   10,637   7,922   9,463  Net interest income after provision for credit losses  144,569   144,225   137,511   138,599   123,985  Noninterest income  13,112   12,892   10,840   15,691   2,833  Noninterest expense  52,229   49,961   47,384   46,683   47,996  Income before income tax  105,452   107,156   100,967   107,607   78,822  Provision for income tax  18,144   21,363   17,996   21,223   13,251  Net income  87,308   85,793   82,971   86,384   65,571  Preferred stock dividends  -   31   -   31   -  Net income available to common stockholders $87,308  $85,762  $82,971  $86,353  $65,571  Earnings per share - basic $0.80  $0.78  $0.76  $0.79  $0.60  Earnings per share - diluted $0.80  $0.78  $0.76  $0.79  $0.60  Average diluted shares outstanding  109,390   109,406   109,390   109,352   109,336                        CONSOLIDATED BALANCE SHEET DATA                     Total assets $18,319,690  $18,345,498  $18,171,287  $17,727,190  $17,584,199  Loans  14,737,303   14,478,489   13,945,913   13,696,912   13,311,967  Debt securities  1,563,099   1,630,531   1,684,421   1,728,901   1,849,739  Noninterest-bearing demand deposits  2,910,281   2,995,402   2,836,622   2,684,272   2,598,895  Total deposits  14,087,378   14,548,730   14,486,364   14,219,034   14,106,922  Borrowings  34,750   34,750   34,750   34,750   64,750  Stockholders' equity  2,037,346   1,978,418   1,912,537   1,850,347   1,781,647                        Shares outstanding  109,343   109,342   109,326   109,250   109,243  Book value per share $18.63  $18.09  $17.49  $16.94  $16.31  Tangible book value per share (1) $18.51  $17.97  $17.37  $16.81  $16.18                        SELECTED FINANCIAL RATIOS (Annualized)                     Net interest margin  3.63%  3.63%  3.53%  3.38%  3.09% Return on average assets  1.89%  1.91%  1.89%  1.91%  1.47% Return on average common stockholders' equity  17.26%  17.71%  17.91%  18.93%  14.88% Efficiency ratio  30.20%  29.65%  29.80%  28.78%  35.22% Noninterest expense to average earning assets  1.18%  1.16%  1.13%  1.08%  1.11%                       CAPITAL RATIOS (2)                     Common equity tier 1 capital to risk-weighted assets  11.98%  11.83%  11.86%  11.65%  11.49% Tier 1 capital to risk-weighted assets  11.98%  11.83%  11.87%  11.66%  11.50% Total capital to risk-weighted assets  13.26%  13.09%  13.13%  12.93%  12.91% Tier 1 capital to average assets  11.11%  10.93%  10.71%  10.26%  10.01% Tangible common equity to total tangible assets (1)  11.05%  10.72%  10.46%  10.37%  10.06%                       (1) This press release contains certain non-GAAP financial measures. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.” (2) Regulatory capital ratios for most recent period are preliminary. 
GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures

This press release contains the non-GAAP financial measures of tangible common stockholders’ equity, total tangible assets, tangible book value per share and tangible common equity to total tangible assets, each of which excludes goodwill associated with our acquisition of Metro Bancshares, Inc. in January 2015. We recognized an $8.6 million loss on sale of available-for-sale debt securities in noninterest income during the second quarter of 2025 due to restructuring the portfolio. We reversed a $2.3 million legal reserve from interest expense during the second quarter of 2025. We recognized a $7.8 million loss on sale of available-for-sale debt securities in non-interest income during the third quarter of 2025 due to continued restructuring of the portfolio. These adjustments to our results are to reflect items unusual, or infrequent, in nature and are not considered to be part of our non-interest expense, run rate. Each of adjusted net income, adjusted net income available to common stockholders, adjusted diluted earnings per share, adjusted net interest income, adjusted return on average assets, adjusted return on average common stockholders’ equity, and adjusted efficiency ratio excludes the impact of this, net of tax, and are all considered non-GAAP financial measures. This press release also contains the non-GAAP financial measures of adjusted net income, adjusted net income available to common stockholders, adjusted diluted earnings per share, adjusted return on average assets, adjusted return on average common stockholders’ equity, adjusted efficiency ratio, adjusted net interest income, adjusted noninterest income, and adjusted noninterest expense.

We believe these non-GAAP financial measures provide useful information to management and investors that is supplementary to our financial condition, results of operations and cash flows computed in accordance with GAAP; however, we acknowledge that these non-GAAP financial measures have limitations. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non-GAAP financial measures that other companies, including those in our industry, use. The following reconciliation table provides a more detailed analysis of the non-GAAP financial measures as of and for the comparative periods presented in this press release. Dollars are in thousands, except per share data.

                      At September 30,
2026 At June 30,
2026 At March 31,
2026 At December 31, 2025 At September 30,
2025 Book value per share - GAAP$18.63   $18.09   $17.49   $16.94   $16.31   Total common stockholders' equity - GAAP 2,037,346    1,978,418    1,912,537    1,850,347    1,781,647   Adjustment for Goodwill (13,615)   (13,615)   (13,615)   (13,615)   (13,615)  Tangible common stockholders' equity - non-GAAP$2,023,731   $1,964,803   $1,898,922   $1,836,732   $1,768,032   Tangible book value per share - non-GAAP$18.51   $17.97   $17.37   $16.81   $16.18                        Stockholders' equity to total assets - GAAP 11.12 %  10.78 %  10.53 %  10.44 %  10.13 % Total assets - GAAP$18,319,690   $18,345,498   $18,171,287   $17,727,190   $17,584,199   Adjustment for Goodwill (13,615)   (13,615)   (13,615)   (13,615)   (13,615)  Total tangible assets - non-GAAP$18,306,075   $18,331,883   $18,157,672   $17,713,575   $17,570,584   Tangible common equity to total tangible assets - non-GAAP 11.05 %  10.72 %  10.46 %  10.37 %  10.06 %                         Three Months Ended September 30, 2026 Three Months Ended September 30, 2025  Nine Months Ended September 30, 2026 Nine Months Ended September 30, 2025                    Net income - GAAP $87,308   $65,571    $256,072   $190,219   Adjustments:                  Legal matter accrual reversal  -    -     -    (2,276)  (Gain) loss on marketable securities  (148)   7,812     (148)   16,375   Tax on adjustments  37    (1,961)    37    (3,539)  Adjusted net income - non-GAAP $87,197   $71,422    $255,961   $200,779                      Net income available to common stockholders - GAAP $87,308   $65,571    $256,041   $190,188   Adjustments:                  Legal matter accrual reversal  -    -     -    (2,276)  (Gain) loss on marketable securities  (148)   7,812     (148)   16,375   Tax on adjustments  37    (1,961)    37    (3,539)  Adjusted net income available to common stockholders - non-GAAP $87,197   $71,422    $255,930   $200,748                      Diluted earnings per share - GAAP $0.80   $0.60    $2.34   $1.74   Adjustments:                  Legal matter accrual reversal  -    -     -    (0.02)  (Gain) loss on marketable securities  -    0.07     -    0.15   Tax on adjustments  -    (0.02)    -    (0.03)  Adjusted diluted earnings per share - non-GAAP $0.80   $0.65    $2.34   $1.84                      Net interest income, on a fully taxable-equivalent basis $159,885   $133,502    $464,344   $388,897   Adjustments:                  Legal matter accrual reversal  -    -     -    (2,276)  Tax on adjustments  -    -     -    571   Adjusted net interest income, on a fully taxable-equivalent basis $159,885   $133,502    $464,344   $387,192                      Return on average assets - GAAP  1.89 %  1.47 %   1.90 %  1.44 % Net income available to common stockholders - GAAP $87,308   $65,571    $256,041   $190,188   Adjustments:                  Legal matter accrual reversal  -    -     -    (2,276)  (Gain) loss on marketable securities  (148)   7,812     (148)   16,375   Tax on adjustments  37    (1,961)    37    (3,539)  Adjusted net income available to common stockholders - non-GAAP $87,197   $71,422    $255,930   $200,748   Average assets - GAAP $18,320,832   $17,709,359    $18,035,725   $17,681,999   Adjusted return on average assets - non-GAAP  1.89 %  1.60 %   1.90 %  1.52 %                    Return on average common stockholders' equity - GAAP  17.26 %  14.88 %   17.62 %  15.01 % Net income available to common stockholders - GAAP $87,308   $65,571    $256,041   $190,188   Adjustments:                  Legal matter accrual reversal  -    -     -    (2,276)  (Gain) loss on marketable securities  (148)   7,812     (148)   16,375   Tax on adjustments  37    (1,961)    37    (3,539)  Adjusted net income available to common stockholders - non-GAAP $87,197   $71,422    $255,930   $200,748   Average common stockholders' equity - GAAP $2,007,112   $1,747,825    $1,943,224   $1,693,601   Adjusted return on average common stockholders' equity non-GAAP  17.24 %  16.21 %   17.61 %  15.85 %                    Efficiency ratio  30.20 %  35.22 %   29.89 %  34.56 % Net interest income - GAAP $159,814   $133,448    $463,599   $388,688   Adjustments:                  Legal matter accrual reversal  -    -     -    (2,276)  Adjusted net interest income - non-GAAP $159,814   $133,448    $463,599   $386,412   Total noninterest income - GAAP  13,112    2,833     36,844    11,531   Adjustments:                  (Gain) loss on marketable securities  (148)   7,812     (148)   16,375   Adjusted noninterest income - non-GAAP $12,964   $10,645    $36,696   $27,906   Adjusted net interest income and noninterest income - non-GAAP  172,778    144,093     500,295    414,318   Noninterest expense - GAAP $52,229   $47,996    $149,574   $138,307   Adjustments:                  Adjusted noninterest expense - non-GAAP $52,229   $47,996    $149,574   $138,307   Adjusted efficiency ratio - non-GAAP  30.23 %  33.31 %   29.90 %  33.38 %  CONSOLIDATED BALANCE SHEETS (UNAUDITED)
  (in Thousands except per share data)
    September 30, 2026 September 30, 2025 % Change ASSETS          Cash and due from banks $122,417  $144,089  (15)% Interest-bearing balances due from depository institutions  738,547   1,191,447  (38)% Federal funds sold and securities purchased with agreement to resell  324,051   437,769  (26)% Cash and cash equivalents  1,185,015   1,773,305  (33)% Available for sale debt securities, at fair value  968,503   1,178,144  (18)% Held to maturity debt securities (fair value of $533,106 and $622,825, respectively)  594,596   671,595  (11)% Restricted equity securities  12,475   12,203  2 % Mortgage loans held for sale  15,273   9,433  62 % Loans  14,737,303   13,311,967  11 % Less allowance for credit losses  (189,010)  (170,235) 11 % Loans, net  14,548,293   13,141,732  11 % Premises and equipment, net  67,390   60,704  11 % Goodwill  13,615   13,615  - % Other assets  914,530   723,468  26 % Total assets $18,319,690  $17,584,199  4 % LIABILITIES AND STOCKHOLDERS' EQUITY          Liabilities:          Deposits:          Noninterest-bearing demand $2,910,281  $2,598,895  12 % Interest-bearing  11,177,097   11,508,027  (3)% Total deposits  14,087,378   14,106,922  - % Federal funds purchased  1,965,000   1,488,150  32 % Other borrowings  34,750   64,750  (46)% Other liabilities  195,216   142,730  37 % Total liabilities  16,282,344   15,802,552  3 % Stockholders' equity:          Preferred stock, par value $0.001 per share; 1,000 authorized and undesignated at          September 30, 2026 and September 30, 2025  -   -  - % Common stock, par value $0.001 per share; 200,000 shares authorized; 109,343 shares          issued and outstanding at September 30, 2026, and 109,243          shares issued and outstanding at September 30, 2025  109   109  - % Additional paid-in capital  240,134   237,181  1 % Retained earnings  1,807,673   1,548,098  17 % Accumulated other comprehensive loss  (11,070)  (4,241) 161 % Total stockholders' equity attributable to ServisFirst Bancshares, Inc.  2,036,846   1,781,147  14 % Noncontrolling interest  500   500  - % Total stockholders' equity  2,037,346   1,781,647  14 % Total liabilities and stockholders' equity $18,319,690  $17,584,199  4 %  CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
 (In thousands except per share data)
   Three Months Ended September 30, Nine Months Ended September 30,   2026 2025  2026 2025  Interest income:             Interest and fees on loans $228,652 $210,987  $659,449 $614,444  Debt securities  16,088  17,343   48,014  49,939  Federal funds sold and securities purchased with agreement to resell  3,392  4,724   13,099  6,336  Other interest and dividends  9,221  18,254   28,151  68,320  Total interest income  257,353  251,308   748,713  739,039  Interest expense:             Deposits  80,414  98,735   238,139  286,968  Borrowed funds  17,125  19,125   46,975  63,383  Total interest expense  97,539  117,860   285,114  350,351  Net interest income  159,814  133,448   463,599  388,688  Provision for credit losses  15,245  9,463   37,294  27,389  Net interest income after provision for credit losses  144,569  123,985   426,305  361,299  Noninterest income:             Service charges on deposit accounts  3,448  3,316   10,082  8,545  Mortgage banking  1,935  1,864   6,048  3,800  Credit card income  2,409  2,405   7,103  6,492  Securities gains (losses)  148  (7,812)  148  (16,375) Bank-owned life insurance income  4,343  2,405   11,298  6,668  Other operating income  829  655   2,165  2,401  Total noninterest income  13,112  2,833   36,844  11,531  Noninterest expenses:             Salaries and employee benefits  26,927  25,522   80,054  70,977  Equipment and occupancy expense  3,381  3,615   11,292  10,860  Third party processing and other services  8,081  8,095   23,568  23,838  Professional services  1,951  1,857   6,121  5,694  FDIC and other regulatory assessments  2,478  2,742   7,977  8,349  Other real estate owned expense  476  82   571  142  Other operating expenses  8,935  6,083   19,991  18,447  Total noninterest expenses  52,229  47,996   149,574  138,307  Income before income taxes  105,452  78,822   313,575  234,523  Provision for income taxes  18,144  13,251   57,503  44,304  Net income  87,308  65,571   256,072  190,219  Dividends on preferred stock  -  -   31  31  Net income available to common stockholders $87,308 $65,571  $256,041 $190,188  Basic earnings per common share $0.80 $0.60  $2.34 $1.74  Diluted earnings per common share $0.80 $0.60  $2.34 $1.74   LOANS BY TYPE (UNAUDITED)
(In thousands)
        3rd Quarter 2026 2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025Commercial, financial and agricultural $3,386,275 $3,252,437 $3,189,704 $3,146,736 $2,945,784Real estate - construction  1,566,203  1,564,504  1,531,042  1,457,628  1,532,285Real estate - mortgage:               Owner-occupied commercial  2,853,062  2,781,375  2,718,512  2,739,823  2,680,0551-4 family mortgage  1,717,781  1,685,723  1,695,140  1,671,713  1,625,296Non-owner occupied commercial  5,141,148  5,123,635  4,739,642  4,603,389  4,448,710Subtotal: Real estate - mortgage  9,711,991  9,590,733  9,153,294  9,014,925  8,754,061Consumer  72,834  70,815  71,873  77,623  79,837Total loans $14,737,303 $14,478,489 $13,945,913 $13,696,912 $13,311,967 SUMMARY OF CREDIT LOSS EXPERIENCE (UNAUDITED)
 (Dollars in thousands)
  3rd Quarter 2026 2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025Allowance for credit losses:                   Beginning balance$181,853  $173,905  $171,683  $170,235  $169,959 Loans charged off:                   Commercial, financial and agricultural 1,862   4,074   8,291   7,695   7,947 Real estate - construction 6,959   711   -   -   - Real estate - mortgage 207   5   91   64   1,294 Consumer 137   79   171   465   109 Total charge offs 9,165   4,869   8,553   8,224   9,350 Recoveries:                   Commercial, financial and agricultural 1,398   667   178   1,532   237 Real estate - construction -   -   -   -   30 Real estate - mortgage 3   396   -   -   - Consumer 23   59   35   10   21 Total recoveries 1,423   1,122   213   1,542   288 Net charge-offs 7,741   3,747   8,340   6,682   9,062 Provision for loan losses 14,899   11,695   10,562   8,130   9,338 Ending balance$189,010  $181,853  $173,905  $171,683  $170,235                     Allowance for credit losses to total loans 1.28%  1.26%  1.25%  1.25%  1.28%                    Allowance for credit losses to total average loans 1.30%  1.28%  1.26%  1.27%  1.29%Net charge-offs to total average loans 0.21%  0.11%  0.25%  0.20%  0.27%                    Provision for credit losses to total average loans 0.41%  0.33%  0.31%  0.24%  0.28%Nonperforming assets:                   Nonaccrual loans$160,084  $169,711  $176,613  $168,351  $166,662 Loans 90+ days past due and accruing 1,514   1,242   1,274   478   965 Other real estate owned and                   repossessed assets 14,865   4,834   3,072   2,583   611 Total$176,463  $175,787  $180,959  $171,412  $168,238                     Nonperforming loans to total loans 1.10%  1.18%  1.28%  1.23%  1.26%Nonperforming assets to total assets 0.96%  0.96%  1.00%  0.97%  0.96%Nonperforming assets to earning assets 1.01%  0.99%  1.05%  1.01%  1.00%Allowance for credit losses to nonaccrual loans 118.07%  107.15%  98.47%  101.98%  102.14%                     CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
 (In thousands except per share data)
   3rd Quarter 2026 2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 Interest income:                Interest and fees on loans $228,652 $220,731 $210,066 $214,252 $210,987  Debt securities  16,088  15,827  16,099  17,204  17,343  Federal funds sold and securities purchased with agreement to resell  3,392  4,146  5,561  5,671  4,724  Other interest and dividends  9,221  9,176  9,754  14,261  18,254  Total interest income  257,353  249,880  241,480  251,388  251,308  Interest expense:                Deposits  80,414  79,440  78,285  86,920  98,735  Borrowed funds  17,125  14,803  15,047  17,947  19,125  Total interest expense  97,539  94,243  93,332  104,867  117,860  Net interest income  159,814  155,637  148,148  146,521  133,448  Provision for credit losses  15,245  11,412  10,637  7,922  9,463  Net interest income after provision for credit losses  144,569  144,225  137,511  138,599  123,985  Noninterest income:                Service charges on deposit accounts  3,448  3,338  3,296  3,339  3,316  Mortgage banking  1,935  2,221  1,892  1,664  1,864  Credit card income  2,409  2,492  2,202  1,835  2,405  Securities gains (losses)  148  -  -  -  (7,812) Bank-owned life insurance income  4,343  4,133  2,822  8,149  2,405  Other operating income  829  708  628  704  655  Total noninterest income  13,112  12,892  10,840  15,691  2,833  Noninterest expenses:                Salaries and employee benefits  26,927  26,274  26,853  23,838  25,522  Equipment and occupancy expense  3,381  3,963  3,948  3,737  3,615  Third party processing and other services  8,081  7,962  7,525  7,779  8,095  Professional services  1,951  2,227  1,943  1,481  1,857  FDIC and other regulatory assessments  2,478  2,753  2,745  2,641  2,742  Other real estate owned expense  476  75  20  13  82  Other operating expenses  8,935  6,707  4,350  7,194  6,083  Total noninterest expenses  52,229  49,961  47,384  46,683  47,996  Income before income taxes  105,452  107,156  100,967  107,607  78,822  Provision for income taxes  18,144  21,363  17,996  21,223  13,251  Net income  87,308  85,793  82,971  86,384  65,571  Dividends on preferred stock  -  31  -  31  -  Net income available to common stockholders $87,308 $85,762 $82,971 $86,353 $65,571  Basic earnings per common share $0.80 $0.78 $0.76 $0.79 $0.60  Diluted earnings per common share $0.80 $0.78 $0.76 $0.79 $0.60   AVERAGE BALANCE SHEETS AND NET INTEREST ANALYSIS (UNAUDITED) ON A FULLY TAXABLE-EQUIVALENT BASIS (Dollars in thousands)                                   3rd Quarter 2026 2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025   Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate Assets:                               Interest-earning assets:                               Loans, net of unearned income (1)                               Taxable $14,523,000  6.23% $14,198,439  6.18% $13,751,447  6.18% $13,474,271  6.30% $13,175,297  6.34% Tax-exempt (2)  21,997  7.41   26,082  37.03   32,976  5.82   30,670  5.52   30,478  5.47  Total loans, net of unearned                               income  14,544,997  6.24   14,224,521  6.23   13,784,423  6.18   13,504,941  6.29   13,205,775  6.34  Mortgage loans held for sale  11,909  4.83   13,327  5.30   10,680  4.40   9,887  4.49   11,351  4.82  Debt securities:                               Taxable  1,669,210  3.85   1,657,378  3.82   1,702,499  3.78   1,826,632  3.77   1,926,101  3.60  Tax-exempt (2)  444  5.41   444  5.41   444  5.41   444  5.41   444  5.41  Total securities (3)  1,669,654  3.85   1,657,822  3.82   1,702,943  3.78   1,827,076  3.77   1,926,545  3.60  Federal funds sold and securities                               purchased with agreement to resell  298,700  4.50   372,645  4.46   501,377  4.50   469,148  4.79   365,733  5.12  Restricted equity securities  12,465  5.98   12,456  6.41   12,228  6.17   12,193  6.61   12,167  6.36  Interest-bearing balances with banks  950,426  3.76   964,808  3.73   1,041,026  3.73   1,393,155  4.00   1,608,118  4.45  Total interest-earning assets $17,488,151  5.84% $17,245,579  5.82% $17,052,677  5.75% $17,216,400  5.79% $17,129,689  5.82% Noninterest-earning assets:                               Cash and due from banks  84,825      96,648      103,847      102,066      103,470     Net premises and equipment  65,791      63,303      61,253      61,009      60,614     Allowance for credit losses, accrued                               interest and other assets  682,065      606,506      552,337      556,704      415,586     Total assets $18,320,832     $18,012,036     $17,770,114     $17,936,179     $17,709,359                                     Interest-bearing liabilities:                               Interest-bearing deposits:                               Checking $2,226,470  1.72% $2,050,758  1.69% $2,101,953  1.60% $2,126,615  1.77% $2,069,440  2.16% Savings  110,246  1.43   112,077  1.41   110,843  1.42   106,551  1.52   103,668  1.66  Money market  7,835,165  3.05   7,956,884  3.03   7,812,168  3.01   7,816,487  3.23   7,965,115  3.67  Time deposits  1,235,134  3.28   1,274,496  3.26   1,373,023  3.42   1,392,749  3.80   1,344,257  3.97  Total interest-bearing deposits  11,407,015  2.80   11,394,215  2.80   11,397,987  2.79   11,442,402  3.01   11,482,480  3.41  Federal funds purchased  1,760,091  3.78   1,549,520  3.74   1,593,215  3.74   1,712,399  4.01   1,640,377  4.46  Other borrowings  34,750  3.96   34,750  4.02   34,750  4.05   59,207  4.21   64,761  4.21  Total interest-bearing liabilities $13,201,856  2.93% $12,978,485  2.91% $13,025,952  2.91% $13,214,008  3.15% $13,187,618  3.55% Noninterest-bearing liabilities:                               Noninterest-bearing                               checking  2,921,746      2,923,956      2,728,354      2,768,495      2,651,043     Other liabilities  190,118      167,024      137,231      143,680      122,873     Stockholders' equity  2,010,433      1,944,735      1,879,072      1,813,097      1,762,980     Accumulated other comprehensive                               loss  (3,321)     (2,164)     (495)     (3,101)     (15,155)    Total liabilities and                               stockholders' equity $18,320,832     $18,012,036     $17,770,114     $17,936,179     $17,709,359     Net interest spread    2.91%    2.91%    2.84%    2.64%    2.27% Net interest margin    3.63%    3.63%    3.53%    3.38%    3.09%                                 (1) Average loans include nonaccrual loans in all periods. Loan fees of $5,169, $4,763, $5,186, $5,464, and $6,103 are included in interest income in the third quarter of 2026, second quarter of 2026, first quarter of 2026, fourth quarter of 2025, and third quarter of 2025, respectively. (2) Interest income and yields are presented on a fully taxable equivalent basis using a tax rate of 21%. (3) Unrealized losses on debt securities of $(6,260), $(4,830), $(2,713), $(6,311), and $(22,574) for the third quarter of 2026, second quarter of 2026, first quarter of 2026, fourth quarter of 2025, and third quarter of 2025, respectively, are excluded from the yield calculation. 

The market expects ServisFirst Bancshares (SFBS - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 19. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis holding company for ServisFirst Bank is expected to post quarterly earnings of $0.83 per share in its upcoming report, which represents a year-over-year change of +27.7%.

Revenues are expected to be $173.15 million, up 27.1% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.62% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for ServisFirst?For ServisFirst, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that ServisFirst will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that ServisFirst would post earnings of $0.79 per share when it actually produced earnings of $0.79, delivering no surprise.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

ServisFirst doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

ServisFirst Bancshares Today

SFBS

ServisFirst Bancshares

$41.33 +0.05 (+0.13%)

As of 12:29 PM Eastern

This is a fair market value price provided by Massive. Learn more.

$33.60▼

$46.041.84%

14.08

$47.67

ServisFirst Bancshares NYSE: SFBS has spent two decades building a reputation as one of the leanest, fastest-growing business banks in the Southeast.

That reputation seems to be paying off as analysts rate the regional bank a Buy.

Get ServisFirst Bancshares alerts:

A stock split, a set of high-profile index additions, and some of the strongest quarterly numbers the bank has posted in years arrived even as the broader regional-bank group wobbled under the weight of rising Treasury yields.

With analysts placing a decent 12-month upside on the stock and the prospect of higher rates on the horizon, ServisFirst’s operating momentum is worth the attention of bank-sector investors.

Stock Split and Index Additions Boost VisibilityThe shareholder event of the year came on July 20, when the board declared a two-for-one stock split in the form of a stock dividend, with post-split trading beginning Aug. 21. It was a move management framed as an effort to broaden the shareholder base and improve trading liquidity.

Around the same time, index provider FTSE Russell added the stock to the Russell 2000 Value, Russell 2500 Value, Russell 3000 Value and related value benchmarks in its June 2026 reconstitution, a move that typically brings in new institutional buyers tracking those funds.

Earnings Show Strong MomentumUnderneath the corporate action, the actual banking business had a strong second quarter.

Net income for the quarter rose 39.7% year-over-year to $85.8 million, with diluted earnings per share of 79 cents per share, or $1.57 on a pre-split basis, up 40.2% from $1.12 a year earlier.

Net interest income climbed 18% to $155.6 million. The net interest margin expanded to 3.63%, up 53 basis points from a year ago.

Loan growth stayed brisk as well, with total loans up $533 million, or 15% annualized in the second quarter to $14.48 billion, funded by deposits that grew 5% to $14.55 billion.

Profitability metrics also stand out for a bank this size. The company’s efficiency ratio was just 29.65%, down from 33.46% a year ago, annualized return on average assets of 1.91%, and return on common equity of 17.71%.

Those results build on a strong full-year 2025, in which both net income and earnings per share climbed sharply from the year before.

Growth and Efficiency Strengthen the Bull CaseThat combination of double-digit loan growth, expanding margins and a sub-30% efficiency ratio is the core of the bull case.

ServisFirst runs a low-overhead, relationship-banking model that avoids the branch bloat of bigger regional peers. It has been methodically extending that formula beyond Alabama into Florida, Georgia, Tennessee, and the Carolinas, opening a new office in Panama City, Florida, in May  and now operating 35 full-service banking locations across eight states.

The bank was also recently ranked sixth nationally among banks with $10 billion to $50 billion in assets for overall performance, and that kind of organic expansion, funded without heavy reliance on brokered deposits or Federal Home Loan Bank advances, is an interesting differentiator for investors hunting growth in the banking sector.

Share Gains Raise Valuation QuestionsMuch of that growth has already occurred. Although the company’s stock is up just 3% over the past three months, it has increased 15% since the start of the year. It hit a 52-week high of $46.04 in mid-August.

ServisFirst Bancshares, Inc. (SFBS) Price Chart for Thursday, September, 17, 2026

For income investors, the board also raised the quarterly dividend 13.4% in December 2025, and on a post-split basis the stock now pays 19 cents per share quarterly. The resulting yield of about 1.8% is modest, but a 10-year streak of consecutive increases and a conservative payout ratio of about 26% suggest room for further hikes.

Analysts See More Upside AheadWall Street analysts are generally impressed. With a consensus rating of Buy, one analyst covering the stock has ServisFirst with a Strong Buy, three suggest Buy, and one recommends Hold.

The stock carries a 12-month average price target of $47.67, or roughly a 16% upside. With the highest price target at $48.50 and the lowest at $47, there appears to be little disagreement about the company’s future prospects.

Credit Quality and Concentration Pose RisksStill, some skepticism is warranted before chasing this one.

Credit quality deserves a watchful eye. Nonperforming loans more than doubled to $171 million compared with a year ago, and the allowance for credit losses rose nearly $8 million to $181.9 million over just the past three months, a reminder that rapid loan growth in commercial real estate and business lending carries risk. The company said that one large real-estate secured relationship led to the second-quarter increase in nonperforming assets.

Geographic concentration is another factor. Nearly all of ServisFirst's loan book sits in Alabama, Florida and a handful of neighboring states, leaving it more exposed than diversified peers such as Pinnacle Financial Partners NYSE: PNFP, SouthState NYSE: SSB and Ameris Bancorp NYSE: ABCB to a regional downturn.

ServisFirst Needs to Sustain Its MomentumEven with the risks in mind, ServisFirst looks like a well-run, high-return regional bank.

The split and index inclusions are more about liquidity and visibility than fundamentals, but the underlying growth in loans, deposits, and net interest margin is real and difficult for larger, slower-moving peers to replicate.

For patient investors comfortable with regional-bank volatility and rate sensitivity, the current pullback from 52-week highs could offer an attractive entry point.

Yet, with an unknown future of Fed action and yields, and the bank’s regional concentration, investors might want to keep watch as this growth-oriented regional bank still needs to prove it can sustain momentum through a full interest-rate cycle.

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Wall Street analysts forecast that ServisFirst Bancshares (SFBS - Free Report) will report quarterly earnings of $1.57 per share in its upcoming release, pointing to a year-over-year increase of 29.8%. It is anticipated that revenues will amount to $167.92 million, exhibiting an increase of 19.4% compared to the year-ago quarter.

Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

With that in mind, let's delve into the average projections of some ServisFirst metrics that are commonly tracked and projected by analysts on Wall Street.

Analysts forecast 'Efficiency Ratio' to reach 29.5%. Compared to the present estimate, the company reported 33.5% in the same quarter last year.

It is projected by analysts that the 'Net Interest Margin' will reach 3.6%. Compared to the current estimate, the company reported 3.1% in the same quarter of the previous year.

Analysts' assessment points toward 'Average Balance - Interest-earning Assets' reaching $17.47 billion. The estimate is in contrast to the year-ago figure of $17.08 billion.

The average prediction of analysts places 'Net Interest Income' at $156.34 million. Compared to the present estimate, the company reported $131.69 million in the same quarter last year.

View all Key Company Metrics for ServisFirst here>>>

ServisFirst shares have witnessed a change of +4.7% in the past month, in contrast to the Zacks S&P 500 composite's +1.6% move. With a Zacks Rank #3 (Hold), SFBS is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .