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ServisFirst Bancshares (SFBS - Free Report) came out with quarterly earnings of $1.57 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.

A quarter ago, it was expected that this holding company for ServisFirst Bank would post earnings of $1.53 per share when it actually produced earnings of $1.54, delivering a surprise of +0.65%.

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

ServisFirst, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $168.53 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.36%. This compares to year-ago revenues of $140.67 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

ServisFirst shares have added about 21.1% since the beginning of the year versus the S&P 500's gain of 8.9%.

What's Next for ServisFirst?While ServisFirst has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for ServisFirst was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.59 on $174.76 million in revenues for the coming quarter and $6.40 on $682.18 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

TFS Financial (TFSL - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.

This holding company for Third Federal Savings and Loan is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

TFS Financial's revenues are expected to be $87.3 million, up 6.4% from the year-ago quarter.

ServisFirst Bancshares NYSE: SFBS reported stronger second-quarter earnings as loan demand accelerated, net interest margin expanded and credit metrics improved, executives said on the company’s earnings call.

Chief Financial Officer David Sparacio said the company earned net income of $85.8 million, or $1.57 per diluted share, for the second quarter of 2026. That compared with $1.52 per diluted share in the first quarter and $1.12 per diluted share in the prior-year quarter. On an adjusted basis, excluding items that affected last year’s results, diluted earnings per share increased 30% from $1.21 a year earlier, he said.

For the first six months of 2026, ServisFirst reported net income of $168.8 million, or $3.09 per diluted share, up from $124.6 million, or $2.28 per diluted share, in the same period last year. Return on average assets was 1.91%, compared with 1.89% in the first quarter and 1.40% a year earlier. Return on average common equity was 17.71%, compared with 17.91% in the first quarter.

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Loan Growth Accelerates as Pipeline Reaches Record Level Chief Executive Officer Tom Broughton said the company was “generally pleased” with the quarter, citing annualized loan growth of more than 15%. He said nearly all of ServisFirst’s 13 regions or segments produced “really solid loan growth,” with the strongest growth coming from the company’s two Florida regions and Tennessee.

Broughton emphasized that growth was broad-based, saying no region contributed more than 15% of total growth and almost none contributed less than 10%. He said the growth was “very granular” and not driven by several large credits.

Ending loans were $14.48 billion, up $533 million from the first quarter, or 15.3% annualized, Sparacio said. Average loans increased $440 million, or 12.8% annualized, on a linked-quarter basis. Year over year, loans increased $1.25 billion, or 9.4%.

Broughton said ServisFirst’s loan pipeline grew quarter over quarter and reached a record level. Projected payoffs for the current quarter were 17%, roughly in line with the prior quarter and down from about 33% over the past two years. He said payoffs appear to be returning closer to historical levels as loan demand rebuilds.

During the question-and-answer session, Broughton characterized the current loan demand environment as an “A,” noting that activity was broad-based and composed of many smaller loans. However, he declined to forecast whether mid-teens loan growth would continue for the rest of the year, citing uncertainty around payoffs, interest rates and geopolitical events.

Net Interest Margin Expands, Though Pace May Slow Sparacio said net interest income was $155.6 million, up from $148.1 million in the first quarter and $131.7 million a year earlier. Net interest margin expanded to 3.63%, up 10 basis points from the first quarter and 53 basis points year over year.

The quarter included a $1.9 million recovery of interest income related to a large credit relationship that had been on nonaccrual status and was fully paid out. Sparacio said that recovery accounted for five basis points of the improvement in loan yields and total net interest margin.

On the funding side, average interest-bearing deposit costs were 2.80%, essentially flat with 2.79% in the first quarter and down 53 basis points from a year earlier. Loan yields were 6.23%, or 6.18% on a normalized basis, while investment yields were 3.81%.

In response to an analyst question, Sparacio said management is looking at the adjusted margin level, including a June spot rate of 3.59%, as the starting point for further expansion. He said ServisFirst still has more than $2 billion of opportunity from scheduled loan maturities, cash flows, covenant violations and loan modifications, but added that the pace of margin expansion is likely to slow as the gap between new loan yields and total portfolio yields narrows.

Sparacio said the company may see “one more quarter” of 7 to 9 basis points of margin expansion, but suggested a 4 to 6 basis point range may be more appropriate toward the end of the year.

Deposits Grow More Slowly, Non-Interest-Bearing Balances Rise Broughton said deposit growth was constrained during the quarter by large income tax payments tied to client sales of properties and companies. Still, he said non-interest-bearing deposits grew 20% annualized in the quarter and 14% year over year, reflecting the company’s focus on treasury management services.

Ending deposits were $14.55 billion, up $62 million from the first quarter and $686 million, or 5%, from a year earlier, Sparacio said. Non-interest-bearing demand deposits totaled $3 billion, up 5.6% from the first quarter and 13.8% year over year.

Broughton said ServisFirst prefers to be in a position where it needs deposits to fund loan demand, rather than searching for loans to make. He added that the company typically sees stronger deposit growth in the second half of the year. Sparacio said the company’s pipeline includes both loans and deposits, with deposit opportunities emerging in Texas.

ServisFirst ended the quarter with $1.46 billion in cash and cash equivalents, equal to about 8% of total assets. Sparacio said the company had no Federal Home Loan Bank advances and no brokered deposits, with funding remaining “entirely core and relationship driven.”

Credit Quality Improves; CRE Concentration Ticks Higher Chief Credit Officer Jim Harper said lending momentum improved during the quarter and continued into the early third quarter. He said growth was driven by commercial real estate activity, which pushed CRE outstandings relative to capital from 298% at the end of the first quarter to 307% at quarter end.

Harper said ServisFirst does not see “any systemic weakening in any particular sector of lending” and said credit quality remains strong. Nonperforming assets decreased by just under $7 million on a net basis during the quarter following the successful resolution of several credits early in the period.

Charge-offs remained modest, totaling approximately $3.7 million for the quarter and just over $12 million, or 9 basis points, for the first half of the year. Sparacio said net charge-offs were 11 basis points annualized in the quarter, down from 25 basis points in the first quarter and 20 basis points a year earlier. The allowance for credit losses stood at 1.26% of total loans, compared with 1.25% in the prior quarter.

Asked about the company’s CRE concentration ratio moving above 300%, Broughton said ServisFirst remains comfortable with its position and has “lots of headroom” before reaching a level management would want to avoid. He said real estate lending opportunities were broad-based across categories and not concentrated in one segment.

Expenses, Capital and Houston Expansion in Focus Non-interest income was $12.9 million, up from $10.8 million in the first quarter and up 43.5% from a year earlier on an adjusted basis. Sparacio cited broad-based growth, including higher service charges, mortgage banking revenue, credit card income and bank-owned life insurance income.

Non-interest expense was $50 million, up 5.4% from the first quarter and 13% year over year. Sparacio said the linked-quarter increase was primarily due to a negative adjustment recorded in the FDIC special assessment in the first quarter. The efficiency ratio was 29.65%, the third consecutive quarter below 30%.

Salary and benefit expense rose 16.4% year over year, primarily reflecting the full run-rate impact of the Houston market expansion. Full-time equivalent headcount was 663 at quarter end, up 22 from a year earlier and up three from the first quarter. Broughton said the company added nine bankers during the quarter, including three in Houston and a new market president and regional CEO there.

Sparacio said the $50 million quarterly expense run rate is a reasonable current level and said the Houston buildout is currently a drag on the efficiency ratio as loans and deposits ramp more slowly than expenses. Broughton said Houston funded about $50 million in loans and $25 million to $30 million in deposits during the quarter.

Capital continued to build, with preliminary Common Equity Tier 1 capital to risk-weighted assets at 11.83%, total capital to risk-weighted assets at 13.09% and tangible common equity to tangible total assets at 10.72%. Book value per share was $36.19, up nearly 15% from a year earlier, while tangible book value per share was $35.94.

Broughton said the company is still not “hitting on all eight cylinders,” but is getting closer than it has been in the last two years. He said reaching a 2% return on assets may be difficult, but called it “a worthy goal,” while emphasizing that the primary goal remains growth in earnings per share.

About ServisFirst Bancshares (NYSE:SFBS)ServisFirst Bancshares, Inc is a bank holding company headquartered in Birmingham, Alabama, and the parent of ServisFirst Bank. The company specializes in commercial banking services, catering primarily to small and mid-sized businesses, professionals and entrepreneurs. Its product portfolio encompasses commercial real estate lending, commercial and industrial loans, deposit accounts, treasury management and other ancillary banking products designed to meet the financial needs of its clients.

ServisFirst Bank offers a full suite of deposit products, including interest-bearing checking, money market accounts and certificates of deposit, as well as a variety of loan products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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BIRMINGHAM, Ala., July 20, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended June 30, 2026.

Second Quarter 2026 Highlights:

Diluted earnings per share of $1.57 for the quarter, up 40% from the second quarter of 2025, and up 30% from adjusted diluted earnings per share in the second quarter of 2025*.Loans grew $533 million, or 15% annualized, during the quarter.Net interest margin of 3.63%, up 10 basis points from the first quarter of 2026 and up 53 basis points from the second quarter of 2025.Book value per share of $36.19, up 14.8% year-over-year.Efficiency ratio under 30%, down from 33% in the second quarter of 2025.Adjusted return on average common stockholders’ equity* increased from 15.68% to 17.71% year-over-year.Cost of interest-bearing deposits of 2.80%, down 53 basis points from the second quarter of 2025.Deposits grew $686 million, or 5%, from the second quarter of 2025.Liquidity remains strong with $1.46 billion in cash and cash equivalents, equaling 8% of our total assets, and no FHLB advances or brokered deposits. Consolidated common equity tier 1 capital to risk-weighted assets increased from 11.38% in the second quarter of 2025 to 11.83% in the second quarter of 2026. Tom Broughton, Chairman, President, and CEO, said, “We were pleased with the strong loan growth in the quarter and the positive momentum in virtually all our markets for growth with our loan pipeline at record levels.”

David Sparacio, CFO, said, “Net Income growth of 30% year-over-year, while maintaining an efficiency ratio below 30%, along with continued improvement in our net interest margin resulted in superior performance, as we have historically delivered.”

* 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 non-interest income, and adjusted non-interest expense. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.”

                   FINANCIAL SUMMARY (UNAUDITED)                  (in Thousands except share and per share amounts) Period Ending June 30, 2026 Period Ending March 31, 2026 % Change From Period Ending March 31, 2026 to Period Ending June 30, 2026 Period Ending June 30, 2025 % Change From Period Ending June 30, 2025 to Period Ending June 30, 2026QUARTERLY OPERATING RESULTS                  Net Income $85,793  $82,971  3.4% $61,424  39.7%Net Income Available to Common Stockholders $85,762  $82,971  3.4% $61,393  39.7%Diluted Earnings Per Share $1.57  $1.52  3.3% $1.12  40.2%Return on Average Assets  1.91%  1.89%     1.40%   Return on Average Common Stockholders' Equity  17.71%  17.91%     14.56%   Average Diluted Shares Outstanding  54,702,886   54,695,017      54,664,480                       Adjusted Net Income, net of tax* $85,793  $82,971  3.4% $66,133  29.7%Adjusted Net Income Available to Common                  Stockholders, net of tax* $85,762  $82,971  3.4% $66,102  29.7%Adjusted Diluted Earnings Per Share, net of tax* $1.57  $1.52  3.3% $1.21  29.8%Adjusted Return on Average Assets, net of tax*  1.91%  1.89%     1.50%   Adjusted Return on Average Common                  Stockholders' Equity, net of tax*  17.71%  17.91%     15.68%                      YEAR-TO-DATE OPERATING RESULTS                  Net Income $168,764         $124,648  35.4%Net Income Available to Common Stockholders $168,733         $124,617  35.4%Diluted Earnings Per Share $3.09         $2.28  35.1%Return on Average Assets  1.90%         1.42%   Return on Average Common Stockholders' Equity  17.81%         15.08%   Average Diluted Shares Outstanding  54,698,973          54,660,577                       Adjusted Net Income, net of tax* $168,764         $129,357  30.5%Adjusted Net Income Available to Common                  Stockholders, net of tax* $168,733         $129,326  30.5%Adjusted Diluted Earnings Per Share, net of tax* $3.09         $2.36  30.6%Adjusted Return on Average Assets, net of tax*  1.90%         1.48%   Adjusted Return on Average Common                  Stockholders' Equity, net of tax*  17.81%         15.65%                      BALANCE SHEET                  Total Assets $18,345,498  $18,171,287  1.0% $17,378,628  5.6%Loans  14,478,489   13,945,913  3.8%  13,232,560  9.4%Non-interest-bearing Demand Deposits  2,995,402   2,836,622  5.6%  2,632,058  13.8%Total Deposits  14,548,730   14,486,364  0.4%  13,862,319  5.0%Stockholders' Equity  1,978,418   1,912,537  3.4%  1,721,783  14.9%                    DETAILED FINANCIALS

ServisFirst Bancshares, Inc. reported net income and net income available to common stockholders of $85.8 million for the quarter ended June 30, 2026, compared to $61.4 million for the second quarter of 2025. Basic and diluted earnings per common share were both $1.57 in the second quarter of 2026, compared to $1.52 in the first quarter of 2026 and $1.12 in the second quarter of 2025. The prior-year quarter adjusted diluted earnings per share was $1.21.

Annualized return on average assets was 1.91% and annualized return on average common stockholders’ equity was 17.71% for the second quarter of 2026, compared to 1.40% and 14.56%, respectively, for the second quarter of 2025.

Net interest income was $155.6 million for the second quarter of 2026, compared to $148.1 million for the first quarter of 2026 and $131.7 million for the second quarter of 2025. The net interest margin in the second quarter of 2026 was 3.63% compared to 3.53% in the first quarter of 2026 and 3.10% in the second quarter of 2025. Loan yields were 6.23% during the second quarter of 2026 compared to 6.18% during the first quarter of 2026 and 6.37% during the second 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 3.81% during the second quarter of 2026 compared to 3.78% during the first quarter of 2026 and 3.37% during the second quarter of 2025. Average interest-bearing deposit rates were 2.80% during the second quarter of 2026, compared to 2.79% during the first quarter of 2026 and 3.33% during the second quarter of 2025. Average federal funds purchased rates were 3.74% during the second quarter of 2026, compared to 3.74% during the first quarter of 2026 and 4.49% during the second quarter of 2025.

Average loans for the second quarter of 2026 were $14.22 billion, an increase of $440.1 million, or 12.8% annualized, from average loans of $13.78 billion for the first quarter of 2026, and an increase of $1.21 billion, or 9.3%, from average loans of $13.01 billion for the second quarter of 2025. Ending total loans for the second quarter of 2026 were $14.48 billion, an increase of $532.6 million, or 15.3% annualized, from $13.95 billion for the first quarter of 2026, and an increase of $1.25 billion, or 9.4%, from $13.23 billion for the second quarter of 2025.

Average total deposits for the second quarter of 2026 were $14.32 billion, an increase of $191.8 million, or 5.4% annualized, from average total deposits of $14.13 billion for the first quarter of 2026, and an increase of $423.0 million, or 3.0%, from average total deposits of $13.90 billion for the second quarter of 2025. Ending total deposits for the second quarter of 2026 were $14.55 billion, an increase of $62.4 million, or 1.7% annualized, from $14.49 billion for the first quarter of 2026, and an increase of $686.4 million, or 5.0%, from $13.86 billion for the second quarter of 2025.

Nonperforming assets to total assets were 0.96% for the second quarter of 2026, compared to 1.00% for the first quarter of 2026 and 0.42% for the second quarter of 2025. The year-over-year increase was attributable to a large real-estate secured relationship. Annualized net charge-offs to average loans were 0.11% for the second quarter of 2026, compared to 0.25% for the first quarter of 2026 and 0.20% for the second quarter of 2025. The allowance for credit losses to total loans at June 30, 2026, March 31, 2026, and June 30, 2025, was 1.26%, 1.25%, and 1.28%, respectively. We recorded an $11.7 million provision for loan losses in the second quarter of 2026 compared to $10.6 million in the first quarter of 2026, and $11.4 million in the second quarter of 2025.

Non-interest income was $12.9 million for the second quarter of 2026 compared to $0.4 million in the second quarter of 2025, an increase of $12.5 million. Adjusted for $8.6 million of securities losses in the second quarter of 2025, this represented a $3.9 million, or 43.5% increase. Service charges on deposit accounts increased $667,000, or 25.0%, to $3.3 million for the second quarter of 2026 from $2.7 million in the second quarter of 2025, and were relatively flat on a linked quarter basis. We increased our service charge rates on many of our treasury management products in July of 2025. Mortgage banking revenue increased $898,000, or 67.9%, to $2.2 million for the second quarter of 2026 from $1.3 million in the second quarter of 2025, and increased $329,000, or 17.4%, on a linked quarter basis. The increase on a year-over-year basis was primarily due to an increase in loans sold into the secondary market. We also increased our per-loan administrative fee in the first quarter of 2026. Credit card income increased $373,000, or 17.6%, to $2.5 million for the second quarter of 2026 from $2.1 million in the second quarter of 2025, and increased $290,000, or 13.2%, on a linked quarter basis. Bank-owned life insurance (“BOLI”) income increased $2.0 million, or 94.4%, to $4.1 million for the second quarter of 2026 from $2.1 million in the second quarter of 2025, and increased $1.3 million, or 46.5%, on a linked quarter basis. The increases were primarily due to our purchases of $150.0 million of new contracts in the third quarter of 2025 and $25.0 million of new contracts in the second quarter of 2026. Additionally, we had a $1.0 million adjustment related to a correction of BOLI income in the fourth quarter of 2025. Other operating income decreased $37,000, or 5.0%, to $708,000 for the second quarter of 2026 from $745,000 in the second quarter of 2025, and increased $80,000, or 12.7%, on a linked quarter basis.

Non-interest expense increased $5.8 million, or 13.0%, to $50.0 million for the second quarter of 2026 from $44.2 million in the second quarter of 2025, and increased $2.6 million, or 5.4%, on a linked quarter basis. Salary and benefit expense increased $3.7 million, or 16.4%, to $26.3 million for the second quarter of 2026 from $22.6 million in the second quarter of 2025, and decreased $579,000, or 2.2%, 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 22, or 3.4%, to 663 at June 30, 2026 compared to 641 at June 30, 2025, and increased by three from the end of the first quarter of 2026. Equipment and occupancy expense increased $440,000, or 12.5%, to $4.0 million for the second quarter of 2026 from $3.5 million in the second quarter of 2025, and increased $15,000, or 0.4%, on a linked quarter basis. Third party processing and other services expense decreased $43,000, or 0.5%, to $8.0 million for the second quarter of 2026 from $8.0 million in the second quarter of 2025, and increased $437,000, or 5.8%, on a linked quarter basis. Professional services expense increased $323,000, or 17.0%, to $2.2 million for the second quarter of 2026 from $1.9 million in the second quarter of 2025, and increased $284,000, or 14.6%, on a linked quarter basis. Other operating expenses increased $1.3 million, or 23.8%, to $6.7 million for the second quarter of 2026 from $5.4 million in the second quarter of 2025, and increased $2.4 million, or 54.2%, on a linked quarter basis. The efficiency ratio was 29.65% during the second quarter of 2026 compared to 33.46% during the second quarter of 2025 and 29.80% during the first quarter of 2026.

Our effective tax rate was 19.94% for the second quarter of 2026 compared to 19.82% for the second quarter of 2025, and 17.82% on a linked quarter basis. During the first 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 second quarters of 2026 and 2025 of $36,000 and $234,000, 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.

 SELECTED FINANCIAL HIGHLIGHTS (UNAUDITED)
(In thousands except share and per share data)                      2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025CONSOLIDATED STATEMENT OF INCOME                    Interest income $249,880  $241,480  $251,388  $251,308  $246,635 Interest expense  94,243   93,332   104,867   117,860   114,948 Net interest income  155,637   148,148   146,521   133,448   131,687 Provision for credit losses  11,412   10,637   7,922   9,463   11,296 Net interest income after provision for credit losses  144,225   137,511   138,599   123,985   120,391 Non-interest income  12,892   10,840   15,691   2,833   421 Non-interest expense  49,961   47,384   46,683   47,996   44,204 Income before income tax  107,156   100,967   107,607   78,822   76,608 Provision for income tax  21,363   17,996   21,223   13,251   15,184 Net income  85,793   82,971   86,384   65,571   61,424 Preferred stock dividends  31   -   31   -   31 Net income available to common stockholders $85,762  $82,971  $86,353  $65,571  $61,393 Earnings per share - basic $1.57  $1.52  $1.58  $1.20  $1.12 Earnings per share - diluted $1.57  $1.52  $1.58  $1.20  $1.12 Average diluted shares outstanding  54,702,886   54,695,017   54,675,802   54,667,955   54,664,480                      CONSOLIDATED BALANCE SHEET DATA                    Total assets $18,345,498  $18,171,287  $17,727,190  $17,584,199  $17,378,628 Loans  14,478,489   13,945,913   13,696,912   13,311,967   13,232,560 Debt securities  1,630,531   1,684,421   1,728,901   1,849,739   1,914,503 Non-interest-bearing demand deposits  2,995,402   2,836,622   2,684,272   2,598,895   2,632,058 Total deposits  14,548,730   14,486,364   14,219,034   14,106,922   13,862,319 Borrowings  34,750   34,750   34,750   64,750   64,747 Stockholders' equity  1,978,418   1,912,537   1,850,347   1,781,647   1,721,783                      Shares outstanding  54,671,023   54,663,123   54,624,955   54,621,441   54,618,545 Book value per share $36.19  $34.99  $33.87  $32.62  $31.52 Tangible book value per share (1) $35.94  $34.74  $33.62  $32.37  $31.27                      SELECTED FINANCIAL RATIOS (Annualized)                    Net interest margin  3.63%  3.53%  3.38%  3.09%  3.10%Return on average assets  1.91%  1.89%  1.91%  1.47%  1.40%Return on average common stockholders' equity  17.71%  17.91%  18.93%  14.88%  14.56%Efficiency ratio  29.65%  29.80%  28.78%  35.22%  33.46%Non-interest expense to average earning assets  1.16%  1.13%  1.08%  1.11%  1.04%                     CAPITAL RATIOS (2)                    Common equity tier 1 capital to risk-weighted assets  11.83%  11.86%  11.65%  11.49%  11.38%Tier 1 capital to risk-weighted assets  11.83%  11.87%  11.66%  11.50%  11.38%Total capital to risk-weighted assets  13.09%  13.13%  12.93%  12.91%  12.81%Tier 1 capital to average assets  10.93%  10.71%  10.26%  10.01%  9.78%Tangible common equity to total tangible assets (1)  10.72%  10.46%  10.37%  10.06%  9.84%                     (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. 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 non-interest income, and adjusted non-interest 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 share and per share data.

                     At June 30,
2026 At March 31,
2026 At December 31,
2025  At September 30,
2025   At June 30,
2025 Book value per share - GAAP$36.19   $34.99   $33.87   $32.62   $31.52  Total common stockholders' equity - GAAP 1,978,418    1,912,537    1,850,347    1,781,647    1,721,783  Adjustment for Goodwill (13,615)   (13,615)   (13,615)   (13,615)   (13,615) Tangible common stockholders' equity - non-GAAP$1,964,803   $1,898,922   $1,836,732   $1,768,032   $1,708,168  Tangible book value per share - non-GAAP$35.94   $34.74   $33.62   $32.37   $31.27                      Stockholders' equity to total assets - GAAP 10.78 %  10.53 %  10.44 %  10.13 %  9.91 %Total assets - GAAP$18,345,498   $18,171,287   $17,727,190   $17,584,199   $17,378,628  Adjustment for Goodwill (13,615)   (13,615)   (13,615)   (13,615)   (13,615) Total tangible assets - non-GAAP$18,331,883   $18,157,672   $17,713,575   $17,570,584   $17,365,013  Tangible common equity to total tangible assets - non-GAAP 10.72 %  10.46 %  10.37 %  10.06 %  9.84 %                                 Three Months Ended June 30, 2026 Three Months Ended June 30, 2025  Six Months Ended June 30, 2026 Six Months Ended June 30, 2025                  Net income - GAAP $85,793  $61,424    $168,764  $124,648  Adjustments:                 Legal matter accrual reversal  -   (2,276)    -   (2,276) Loss on marketable securities  -   8,563     -   8,563  Tax on adjustments  -   (1,578)    -   (1,578) Adjusted net income - non-GAAP $85,793  $66,133    $168,764  $129,357                    Net income available to common stockholders - GAAP $85,762  $61,393    $168,733  $124,617  Adjustments:                 Legal matter accrual reversal  -   (2,276)    -   (2,276) Loss on marketable securities  -   8,563     -   8,563  Tax on adjustments  -   (1,578)    -   (1,578) Adjusted net income available to common stockholders - non-GAAP $85,762  $66,102    $168,733  $129,326                    Diluted earnings per share - GAAP $1.57  $1.12    $3.09  $2.28  Adjustments:                 Legal matter accrual reversal  -   (0.04)    -   (0.05) Loss on marketable securities  -   0.16     -   0.16  Tax on adjustments  -   (0.03)    -   (0.03) Adjusted diluted earnings per share - non-GAAP $1.57  $1.21    $3.09  $2.36                    Net interest income, on a fully taxable-equivalent basis $155,637  $131,777    $303,785  $255,394  Adjustments:                 Legal matter accrual reversal  -   (2,276)    -   (2,276) Tax on adjustments  -   571     -   571  Adjusted net interest income, on a fully taxable-equivalent basis $155,637  $130,072    $303,785  $253,689                    Return on average assets - GAAP  1.91%  1.40 %   1.90%  1.42 %Net income available to common stockholders - GAAP $85,762  $61,393    $168,733  $124,617  Adjustments:                 Legal matter accrual reversal  -   (2,276)    -   (2,276) Loss on marketable securities  -   8,563     -   8,563  Tax on adjustments  -   (1,578)    -   (1,578) Adjusted net income available to common stockholders - non-GAAP $85,762  $66,102    $168,733  $129,326  Average assets - GAAP $18,013,805  $17,626,503    $17,746,068  $17,668,094  Adjusted return on average assets - non-GAAP  1.91%  1.50 %   1.90%  1.48 %                  Return on average common stockholders' equity - GAAP  17.71%  14.56 %   17.81%  15.08 %Net income available to common stockholders - GAAP $85,762  $61,393    $168,733  $124,617  Adjustments:                 Legal matter accrual reversal  -   (2,276)    -   (2,276) Loss on marketable securities  -   8,563     -   8,563  Tax on adjustments  -   (1,578)    -   (1,578) Adjusted net income available to common stockholders - non-GAAP $85,762  $66,102    $168,733  $129,326  Average common stockholders' equity - GAAP $1,942,571  $1,690,855    $1,910,751  $1,666,039  Adjusted return on average common stockholders' equity non-GAAP  17.71%  15.68 %   17.81%  15.65 %                  Efficiency ratio  29.65%  33.46 %   29.72%  34.22 %Net interest income - GAAP $155,637  $131,687    $303,785  $255,240  Adjustments:                 Legal matter accrual reversal  -   (2,276)    -   (2,276) Adjusted net interest income - non-GAAP $155,637  $129,411    $303,785  $252,964  Total non-interest income - GAAP  12,892   421     23,732   8,698  Adjustments:                 Loss on marketable securities  -   8,563     -   8,563  Adjusted non-interest income - non-GAAP $12,892  $8,984    $23,732  $17,261  Adjusted net interest income and non-interest income - non-GAAP  168,529   138,395     327,517   270,225  Non-interest expense - GAAP $49,961  $44,204    $97,345  $90,311  Adjustments:                 Adjusted non-interest expense - non-GAAP $49,961  $44,204    $97,345  $90,311  Adjusted efficiency ratio - non-GAAP  29.65%  31.94 %   29.72%  33.42 %                      CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Dollars in thousands)
  June 30, 2026 June 30, 2025 % ChangeASSETS         Cash and due from banks $115,442  $140,659  (18)%Interest-bearing balances due from depository institutions  1,089,592   1,236,485  (12)%Federal funds sold and securities purchased with agreement to resell  251,439   333,760  (25)%Cash and cash equivalents  1,456,473   1,710,904  (15)%Available for sale debt securities, at fair value  995,051   1,227,851  (19)%Held to maturity debt securities (fair value of $590,280 and $639,455, respectively)  635,480   686,652  (7)%Restricted equity securities  12,475   12,156  3 %Mortgage loans held for sale  14,886   22,131  (33)%Loans  14,478,489   13,232,560  9 %Less allowance for credit losses  (181,853)  (169,959) 7 %Loans, net  14,296,636   13,062,601  9 %Premises and equipment, net  63,648   59,993  6 %Goodwill  13,615   13,615  - %Other assets  857,234   582,725  47 %Total assets $18,345,498  $17,378,628  6 %LIABILITIES AND STOCKHOLDERS' EQUITY         Liabilities:         Deposits:         Non-interest-bearing demand $2,995,402  $2,632,058  14 %Interest-bearing  11,553,328   11,230,261  3 %Total deposits  14,548,730   13,862,319  5 %Federal funds purchased  1,579,388   1,599,135  (1)%Other borrowings  34,750   64,747  (46)%Other liabilities  204,212   130,644  56 %Total liabilities  16,367,080   15,656,845  5 %Stockholders' equity:         Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at         June 30, 2026 and June 30, 2025  -   -  - %Common stock, par value $0.001 per share; 200,000,000 shares authorized; 54,671,023 shares         issued and outstanding at June 30, 2026, and 54,618,545         shares issued and outstanding at June 30, 2025  55   54  2 %Additional paid-in capital  239,317   236,716  1 %Retained earnings  1,741,070   1,500,767  16 %Accumulated other comprehensive loss  (2,524)  (16,254) (84)%Total stockholders' equity attributable to ServisFirst Bancshares, Inc.  1,977,918   1,721,283  15 %Noncontrolling interest  500   500  - %Total stockholders' equity  1,978,418   1,721,783  15 %Total liabilities and stockholders' equity $18,345,498  $17,378,628  6 %               CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(In thousands except per share data)
  Three Months Ended June 30, Six Months Ended June 30,  2026
 2025  2026
 2025 Interest income:              Interest and fees on loans $220,731  $206,521  $430,797  $403,457 Investment securities  15,827   16,567   31,926   32,596 Federal funds sold and securities purchased with agreement to resell  4,146   1,592   9,707   1,612 Other interest and dividends  9,176   21,955   18,930   50,066 Total interest income  249,880   246,635   491,360   487,731 Interest expense:              Deposits  79,440   93,488   157,725   188,233 Borrowed funds  14,803   21,460   29,850   44,258 Total interest expense  94,243   114,948   187,575   232,491 Net interest income  155,637   131,687   303,785   255,240 Provision for credit losses  11,412   11,296   22,049   17,926 Net interest income after provision for credit losses  144,225   120,391   281,736   237,314 Non-interest income:              Service charges on deposit accounts  3,338   2,671   6,634   5,229 Mortgage banking  2,221   1,323   4,113   1,936 Credit card income  2,492   2,119   4,694   4,087 Securities losses  -   (8,563)  -   (8,563)Bank-owned life insurance income  4,133   2,126   6,955   4,263 Other operating income  708   745   1,336   1,746 Total non-interest income  12,892   421   23,732   8,698 Non-interest expenses:              Salaries and employee benefits  26,274   22,576   53,127   45,455 Equipment and occupancy expense  3,963   3,523   7,911   7,245 Third party processing and other services  7,962   8,005   15,487   15,743 Professional services  2,227   1,904   4,170   3,837 FDIC and other regulatory assessments  2,753   2,753   4,260   5,607 Other real estate owned expense  75   27   95   60 Other operating expenses  6,707   5,416   12,295   12,364 Total non-interest expenses  49,961   44,204   97,345   90,311 Income before income taxes  107,156   76,608   208,123   155,701 Provision for income taxes  21,363   15,184   39,359   31,053 Net income  85,793   61,424   168,764   124,648 Dividends on preferred stock  31   31   31   31 Net income available to common stockholders $85,762  $61,393  $168,733  $124,617 Basic earnings per common share $1.57  $1.12  $3.09  $2.28 Diluted earnings per common share $1.57  $1.12  $3.09  $2.28                    LOANS BY TYPE (UNAUDITED)
(In thousands)
                  2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025Commercial, financial and agricultural $3,252,437 $3,189,704 $3,146,736 $2,945,784 $2,966,191Real estate - construction  1,564,504  1,531,042  1,457,628  1,532,285  1,735,405Real estate - mortgage:               Owner-occupied commercial  2,781,375  2,718,512  2,739,823  2,680,055  2,557,7111-4 family mortgage  1,685,723  1,695,140  1,671,713  1,625,296  1,561,461Non-owner occupied commercial  5,123,635  4,739,642  4,603,389  4,448,710  4,338,697Subtotal: Real estate - mortgage  9,590,733  9,153,294  9,014,925  8,754,061  8,457,869Consumer  70,815  71,873  77,623  79,837  73,095Total loans $14,478,489 $13,945,913 $13,696,912 $13,311,967 $13,232,560                  SUMMARY OF CREDIT LOSS EXPERIENCE (UNAUDITED)
(Dollars in thousands)                  2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025Allowance for credit losses:                   Beginning balance$173,905  $171,683  $170,235  $169,959  $165,034 Loans charged off:                   Commercial, financial and agricultural 4,074   8,291   7,695   7,947   6,849 Real estate - construction 711   -   -   -   - Real estate - mortgage 5   91   64   1,294   580 Consumer 79   171   465   109   73 Total charge offs 4,869   8,553   8,224   9,350   7,502 Recoveries:                   Commercial, financial and agricultural 667   178   1,532   237   959 Real estate - construction -   -   -   30   - Real estate - mortgage 396   -   -   -   1 Consumer 59   35   10   21   58 Total recoveries 1,122   213   1,542   288   1,018 Net charge-offs 3,747   8,340   6,682   9,062   6,484 Provision for loan losses 11,695   10,562   8,130   9,338   11,409 Ending balance$181,853  $173,905  $171,683  $170,235  $169,959                     Allowance for credit losses to total loans 1.26%  1.25%  1.25%  1.28%  1.28%                    Allowance for credit losses to total average loans 1.28%  1.26%  1.27%  1.29%  1.31%Net charge-offs to total average loans 0.11%  0.25%  0.20%  0.27%  0.20%                    Provision for credit losses to total average loans 0.33%  0.31%  0.24%  0.28%  0.35%Nonperforming assets:                   Nonaccrual loans$169,711  $176,613  $168,351  $166,662  $68,619 Loans 90+ days past due and accruing 1,242   1,274   478   965   3,549 Other real estate owned and                   repossessed assets 4,834   3,072   2,583   611   311 Total$175,787  $180,959  $171,412  $168,238  $72,479                     Nonperforming loans to total loans 1.18%  1.28%  1.23%  1.26%  0.55%Nonperforming assets to total assets 0.96%  1.00%  0.97%  0.96%  0.42%Nonperforming assets to earning assets 0.99%  1.05%  1.01%  1.00%  0.43%Allowance for credit losses to nonaccrual loans 107.15%  98.47%  101.98%  102.14%  247.69%                      CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(In thousands except per share data)           2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025Interest income:               Interest and fees on loans $220,731 $210,066 $214,252 $210,987  $206,521 Investment securities  15,827  16,099  17,204  17,343   16,567 Federal funds sold and securities purchased with agreement to resell  4,146  5,561  5,671  4,724   1,592 Other interest and dividends  9,176  9,754  14,261  18,254   21,955 Total interest income  249,880  241,480  251,388  251,308   246,635 Interest expense:               Deposits  79,440  78,285  86,920  98,735   93,488 Borrowed funds  14,803  15,047  17,947  19,125   21,460 Total interest expense  94,243  93,332  104,867  117,860   114,948 Net interest income  155,637  148,148  146,521  133,448   131,687 Provision for credit losses  11,412  10,637  7,922  9,463   11,296 Net interest income after provision for credit losses  144,225  137,511  138,599  123,985   120,391 Non-interest income:               Service charges on deposit accounts  3,338  3,296  3,339  3,316   2,671 Mortgage banking  2,221  1,892  1,664  1,864   1,323 Credit card income  2,492  2,202  1,835  2,405   2,119 Securities losses  -  -  -  (7,812)  (8,563)Bank-owned life insurance income  4,133  2,822  8,149  2,405   2,126 Other operating income  708  628  704  655   745 Total non-interest income  12,892  10,840  15,691  2,833   421 Non-interest expenses:               Salaries and employee benefits  26,274  26,853  23,838  25,522   22,576 Equipment and occupancy expense  3,963  3,948  3,737  3,615   3,523 Third party processing and other services  7,962  7,525  7,779  8,095   8,005 Professional services  2,227  1,943  1,481  1,857   1,904 FDIC and other regulatory assessments  2,753  2,745  2,641  2,742   2,753 Other real estate owned expense  75  20  13  82   27 Other operating expenses  6,707  4,350  7,194  6,083   5,416 Total non-interest expenses  49,961  47,384  46,683  47,996   44,204 Income before income taxes  107,156  100,967  107,607  78,822   76,608 Provision for income taxes  21,363  17,996  21,223  13,251   15,184 Net income  85,793  82,971  86,384  65,571   61,424 Dividends on preferred stock  31  -  31  -   31 Net income available to common stockholders $85,762 $82,971 $86,353 $65,571  $61,393 Basic earnings per common share $1.57 $1.52 $1.58 $1.20  $1.12 Diluted earnings per common share $1.57 $1.52 $1.58 $1.20  $1.12                     AVERAGE BALANCE SHEETS AND NET INTEREST ANALYSIS (UNAUDITED)ON A FULLY TAXABLE-EQUIVALENT BASIS(Dollars in thousands)                                 2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025  Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / RateAssets:                              Interest-earning assets:                              Loans, net of unearned income (1)                              Taxable $14,198,439  6.18% $13,751,447  6.18% $13,474,271  6.30% $13,175,297  6.34% $12,979,759  6.37%Tax-exempt (2)  26,082  37.03   32,976  5.82   30,670  5.52   30,478  5.47   30,346  5.51 Total loans, net of unearned                              income  14,224,521  6.23   13,784,423  6.18   13,504,941  6.29   13,205,775  6.34   13,010,105  6.37 Mortgage loans held for sale  13,327  5.30   10,680  4.40   9,887  4.49   11,351  4.82   11,739  5.23 Debt securities:                              Taxable  1,659,147  3.81   1,702,499  3.78   1,826,632  3.77   1,926,101  3.60   1,965,089  3.37 Tax-exempt (2)  444  5.41   444  5.41   444  5.41   444  5.41   492  4.88 Total securities (3)  1,659,591  3.81   1,702,943  3.78   1,827,076  3.77   1,926,545  3.60   1,965,581  3.37 Federal funds sold and securities                              purchased with agreement to resell  372,645  4.46   501,377  4.50   469,148  4.79   365,733  5.12   124,303  5.14 Restricted equity securities  12,456  6.41   12,228  6.17   12,193  6.61   12,167  6.36   12,146  6.64 Interest-bearing balances with banks  964,808  3.73   1,041,026  3.73   1,393,155  4.00   1,608,118  4.45   1,952,479  4.47 Total interest-earning assets $17,247,348  5.82% $17,052,677  5.75% $17,216,400  5.79% $17,129,689  5.82% $17,076,353  5.80%Non-interest-earning assets:                              Cash and due from banks  96,648      103,847      102,066      103,470      109,506    Net premises and equipment  63,303      61,253      61,009      60,614      59,944    Allowance for credit losses, accrued                              interest and other assets  606,506      552,337      556,704      415,586      380,700    Total assets $18,013,805     $17,770,114     $17,936,179     $17,709,359     $17,626,503                                   Interest-bearing liabilities:                              Interest-bearing deposits:                              Checking $2,050,758  1.69% $2,101,953  1.60% $2,126,615  1.77% $2,069,440  2.16% $2,222,000  1.78%Savings  112,077  1.41   110,843  1.42   106,551  1.52   103,668  1.66   101,506  1.63 Money market  7,956,884  3.03   7,812,168  3.01   7,816,487  3.23   7,965,115  3.67   7,616,747  3.67 Time deposits  1,274,496  3.26   1,373,023  3.42   1,392,749  3.80   1,344,257  3.97   1,321,404  4.09 Total interest-bearing deposits  11,394,215  2.80   11,397,987  2.79   11,442,402  3.01   11,482,480  3.41   11,261,657  3.33 Federal funds purchased  1,549,520  3.74   1,593,215  3.74   1,712,399  4.01   1,640,377  4.46   1,855,860  4.49 Other borrowings  34,750  4.02   34,750  4.05   59,207  4.21   64,761  4.21   64,750  4.26 Total interest-bearing liabilities $12,978,485  2.91% $13,025,952  2.91% $13,214,008  3.15% $13,187,618  3.55% $13,182,267  3.50%Non-interest-bearing liabilities:                              Non-interest-bearing                              checking  2,923,956      2,728,354      2,768,495      2,651,043      2,633,552    Other liabilities  168,793      137,231      143,680      122,873      119,829    Stockholders' equity  1,944,735      1,879,072      1,813,097      1,762,980      1,716,232    Accumulated other comprehensive                              loss  (2,164)     (495)     (3,101)     (15,155)     (25,377)   Total liabilities and                              stockholders' equity $18,013,805     $17,770,114     $17,936,179     $17,709,359     $17,626,503    Net interest spread    2.91%    2.84%    2.64%    2.27%    2.30%Net interest margin    3.63%    3.53%    3.38%    3.09%    3.10%                               (1) Average loans include nonaccrual loans in all periods. Loan fees of $4,763, $5,186, $5,464, $6,103, and $4,430 are included in interest income in the second quarter of 2026, first quarter of 2026, fourth quarter of 2025, third quarter of 2025, and second 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 $(4,830), $(2,713), $(6,311), $(22,574), and $(36,381) for the second quarter of 2026, first quarter of 2026, fourth quarter of 2025, third quarter of 2025, and second quarter of 2025, respectively, are excluded from the yield calculation. 

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 >>>> .

BIRMINGHAM, Ala., June 24, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS) is scheduled to announce earnings and operating results for the quarter ended June 30, 2026 on July 20, 2026 at 4 p.m. ET. The news release will be available at www.servisfirstbancshares.com.

ServisFirst Bancshares, Inc. will host a live audio webcast to discuss earnings and results on Monday, July 20, 2026 beginning at 5:15 p.m. ET. The audio webcast can be accessed at www.servisfirstbancshares.com. A replay of the call will be available until July 31, 2026.

About ServisFirst Bancshares, Inc.

ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. 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.

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

ServisFirst Bancshares (NYSE: SFBS - Get Free Report) and Community Investors Bancorp (OTCMKTS:CIBN - Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership and risk. Analyst Recommendations This is a breakdown of

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Based in Birmingham, ServisFirst Bancshares (SFBS - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 3.8%. The holding company for ServisFirst Bank is paying out a dividend of $0.38 per share at the moment, with a dividend yield of 2.04% compared to the Financial - Savings and Loan industry's yield of 2.58% and the S&P 500's yield of 1.46%.

Looking at dividend growth, the company's current annualized dividend of $1.52 is up 13.4% from last year. Over the last 5 years, ServisFirst Bancshares has increased its dividend 5 times on a year-over-year basis for an average annual increase of 13.72%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. ServisFirst's current payout ratio is 26%, meaning it paid out 26% of its trailing 12-month EPS as dividend.

SFBS is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $6.40 per share, with earnings expected to increase 21.90% from the year ago period.

From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SFBS is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

Posted by Defense World Staff on Apr 3rd, 2026

ServisFirst Bancshares, Inc. (NYSE:SFBS – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the five brokerages that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $93.6667.

Several analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of ServisFirst Bancshares in a research report on Monday, December 29th. Wall Street Zen raised shares of ServisFirst Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Hovde Group upped their target price on shares of ServisFirst Bancshares from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Raymond James Financial upgraded shares of ServisFirst Bancshares from an “outperform” rating to a “strong-buy” rating and set a $95.00 target price for the company in a research note on Wednesday, January 21st. Finally, Piper Sandler raised ServisFirst Bancshares from a “neutral” rating to an “overweight” rating and set a $89.00 price target on the stock in a report on Wednesday, January 21st.

Check Out Our Latest Stock Report on ServisFirst Bancshares

Institutional Inflows and Outflows A number of institutional investors have recently modified their holdings of the stock. Hantz Financial Services Inc. raised its stake in shares of ServisFirst Bancshares by 214.1% during the third quarter. Hantz Financial Services Inc. now owns 311 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 212 shares during the last quarter. Salomon & Ludwin LLC grew its position in ServisFirst Bancshares by 523.6% in the 4th quarter. Salomon & Ludwin LLC now owns 343 shares of the financial services provider’s stock valued at $25,000 after buying an additional 288 shares during the last quarter. State of Wyoming acquired a new position in ServisFirst Bancshares in the 2nd quarter valued at $29,000. Danske Bank A S acquired a new position in ServisFirst Bancshares in the 3rd quarter valued at $32,000. Finally, Fifth Third Bancorp raised its position in ServisFirst Bancshares by 105.1% during the 3rd quarter. Fifth Third Bancorp now owns 566 shares of the financial services provider’s stock worth $46,000 after buying an additional 290 shares during the last quarter. Institutional investors and hedge funds own 67.31% of the company’s stock.

ServisFirst Bancshares Trading Down 0.0% NYSE:SFBS opened at $73.11 on Tuesday. The stock’s 50 day moving average price is $79.69 and its 200 day moving average price is $76.74. The company has a market capitalization of $3.99 billion, a PE ratio of 14.45 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.02. ServisFirst Bancshares has a 52-week low of $66.48 and a 52-week high of $90.64.

ServisFirst Bancshares (NYSE:SFBS – Get Free Report) last released its quarterly earnings results on Tuesday, January 20th. The financial services provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.38 by $0.20. The company had revenue of $162.21 million for the quarter, compared to analyst estimates of $151.82 million. ServisFirst Bancshares had a return on equity of 16.36% and a net margin of 26.95%. On average, research analysts anticipate that ServisFirst Bancshares will post 5.17 EPS for the current year.

ServisFirst Bancshares Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, April 1st. ServisFirst Bancshares’s dividend payout ratio (DPR) is presently 30.04%.

About ServisFirst Bancshares (Get Free Report)

ServisFirst Bancshares, Inc is a bank holding company headquartered in Birmingham, Alabama, and the parent of ServisFirst Bank. The company specializes in commercial banking services, catering primarily to small and mid-sized businesses, professionals and entrepreneurs. Its product portfolio encompasses commercial real estate lending, commercial and industrial loans, deposit accounts, treasury management and other ancillary banking products designed to meet the financial needs of its clients.

ServisFirst Bank offers a full suite of deposit products, including interest-bearing checking, money market accounts and certificates of deposit, as well as a variety of loan products.

Read More Five stocks we like better than ServisFirst Bancshares

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Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Headquartered in Birmingham, ServisFirst Bancshares (SFBS - Free Report) is a Finance stock that has seen a price change of 5.67% so far this year. The holding company for ServisFirst Bank is currently shelling out a dividend of $0.38 per share, with a dividend yield of 2%. This compares to the Financial - Savings and Loan industry's yield of 2.58% and the S&P 500's yield of 1.39%.

Looking at dividend growth, the company's current annualized dividend of $1.52 is up 13.4% from last year. Over the last 5 years, ServisFirst Bancshares has increased its dividend 5 times on a year-over-year basis for an average annual increase of 13.72%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. ServisFirst's current payout ratio is 26%, meaning it paid out 26% of its trailing 12-month EPS as dividend.

Earnings growth looks solid for SFBS for this fiscal year. The Zacks Consensus Estimate for 2026 is $6.40 per share, which represents a year-over-year growth rate of 21.90%.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SFBS is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

ServisFirst Bancshares (SFBS - Free Report) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.98%. A quarter ago, it was expected that this holding company for ServisFirst Bank would post earnings of $1.38 per share when it actually produced earnings of $1.58, delivering a surprise of +14.49%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

ServisFirst, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $158.99 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.67%. This compares to year-ago revenues of $131.83 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

ServisFirst shares have added about 8.5% since the beginning of the year versus the S&P 500's gain of 4.1%.

What's Next for ServisFirst?While ServisFirst has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for ServisFirst was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.59 on $169.49 million in revenues for the coming quarter and $6.40 on $686.2 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, TFS Financial (TFSL - Free Report) , is yet to report results for the quarter ended March 2026.

This holding company for Third Federal Savings and Loan is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of +14.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

TFS Financial's revenues are expected to be $85.3 million, up 7.8% from the year-ago quarter.

ServisFirst Bancshares, Inc. (SFBS) Q1 2026 Earnings Call Transcript

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

ServisFirst Bancshares (SFBS - Free Report) is headquartered in Birmingham, and is in the Finance sector. The stock has seen a price change of 5.15% since the start of the year. The holding company for ServisFirst Bank is paying out a dividend of $0.38 per share at the moment, with a dividend yield of 2.01% compared to the Financial - Savings and Loan industry's yield of 2.46% and the S&P 500's yield of 1.45%.

Looking at dividend growth, the company's current annualized dividend of $1.52 is up 13.4% from last year. Over the last 5 years, ServisFirst Bancshares has increased its dividend 5 times on a year-over-year basis for an average annual increase of 13.72%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. ServisFirst's current payout ratio is 27%, meaning it paid out 27% of its trailing 12-month EPS as dividend.

Looking at this fiscal year, SFBS expects solid earnings growth. The Zacks Consensus Estimate for 2026 is $6.40 per share, representing a year-over-year earnings growth rate of 21.90%.

From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. It's important to keep in mind that not all companies provide a quarterly payout.

For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, SFBS is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.

Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.

Headquartered in Birmingham, ServisFirst Bancshares (SFBS - Free Report) is a Finance stock that has seen a price change of 5.35% so far this year. The holding company for ServisFirst Bank is currently shelling out a dividend of $0.38 per share, with a dividend yield of 2.01%. This compares to the Financial - Savings and Loan industry's yield of 2.41% and the S&P 500's yield of 1.43%.

Looking at dividend growth, the company's current annualized dividend of $1.52 is up 13.4% from last year. Over the last 5 years, ServisFirst Bancshares has increased its dividend 5 times on a year-over-year basis for an average annual increase of 13.72%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. ServisFirst's current payout ratio is 27%, meaning it paid out 27% of its trailing 12-month EPS as dividend.

Earnings growth looks solid for SFBS for this fiscal year. The Zacks Consensus Estimate for 2026 is $6.40 per share, which represents a year-over-year growth rate of 21.90%.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout.

High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, SFBS is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).