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ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides banking services to individual and corporate customers in the United States. It offers deposit services, including checking, money market, savings, and individual retirement arrangements (IRA) accounts, as well as certificates of deposit. The company also provides real estate loans that consist of commercial real estate loans, 1-4 family residential real estate loans, and construction and development loans; consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans; and commercial loans comprising seasonal, bridge, and term loans, as well as commercial lines of credit. In addition, it offers other banking services, such as 24-hour telephone banking, direct deposit, Internet banking, mobile banking, traveler's checks, safe deposit boxes, attorney trust accounts, and automatic account transfers, as well as automated teller machines and debit and credit card systems. Further, the company provides treasury and cash management services; direct deposit, wire transfer, night depository, banking-by-mail and remote capture services for non-cash items; and correspondent banking services to other financial institutions. Additionally, it holds and manages participations in residential mortgages and commercial real estate loans originated by ServisFirst Bank in Alabama, Florida, Georgia, and Tennessee. ServisFirst Bancshares, Inc. was founded in 2005 and is headquartered in Birmingham, Alabama.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $556M | - | $277M | $349M | 15.0% | 16.4% | 21.7% |
| 2024 | $478M | - | $227M | $248M | 14.1% | 12.0% | 9.9% |
| 2023 | $427M | - | $207M | $193M | 14.4% | -13.3% | -17.8% |
| 2022 | $492M | - | $252M | $269M | 19.4% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 492.04 | 426.51 | 477.66 | 555.79 |
| Operating Revenue | - | 492.04 | 426.51 | 477.66 | 555.79 |
| Selling General And Administration | - | 83.69 | 99.94 | 110.61 | 109.61 |
| Interest Income | - | 559.32 | 813.25 | 946.12 | 990.43 |
| Interest Expense | - | 88.42 | 402.31 | 499.46 | 455.22 |
| Net Interest Income | - | 470.89 | 410.94 | 446.66 | 535.21 |
| Pretax Income | - | 308.83 | 244.59 | 278.98 | 342.13 |
| Tax Provision | - | 57.32 | 37.74 | 51.74 | 65.53 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.42 | -0.50 | -0.54 | -0.22 |
| Net Income Continuous Operations | - | 251.50 | 206.85 | 227.24 | 276.60 |
| Net Income From Continuing And Discontinued Operation | - | 251.50 | 206.85 | 227.24 | 276.60 |
| Net Income From Continuing Operation Net Minority Interest | - | 251.50 | 206.85 | 227.24 | 276.60 |
| Net Income | - | 251.50 | 206.85 | 227.24 | 276.60 |
| Net Income Common Stockholders | - | 251.44 | 206.79 | 227.18 | 276.54 |
| Net Income Including Noncontrolling Interests | - | 251.50 | 206.85 | 227.24 | 276.60 |
| Normalized Income | - | 253.33 | 209.58 | 229.59 | 277.52 |
| Diluted NI Availto Com Stockholders | - | 251.44 | 206.79 | 227.18 | 276.54 |
| Basic Average Shares | - | 54.31 | 54.42 | 54.48 | 54.61 |
| Diluted Average Shares | - | 54.53 | 54.54 | 54.62 | 54.67 |
| Reconciled Depreciation | - | 4.12 | 4.44 | 4.78 | 4.73 |
| Total Unusual Items | - | -2.25 | -3.22 | -2.89 | -1.13 |
| Total Unusual Items Excluding Goodwill | - | -2.25 | -3.22 | -2.89 | -1.13 |
| Preferred Stock Dividends | - | 0.06 | 0.06 | 0.06 | 0.06 |
| Special Income Charges | - | -2.75 | -3.22 | -2.89 | -1.13 |
| Other Special Charges | - | 2.75 | 3.22 | 2.89 | 1.13 |
| Gain On Sale Of Security | - | -9.21 | -12 | -1.40 | -17.74 |
| General And Administrative Expense | - | 83.25 | 99.17 | 109.66 | 108.46 |
| Other Gand A | 6.09 | - | - | - | - |
| Salaries And Wages | - | 78.68 | 81.76 | 97.12 | 95.61 |
| Insurance And Claims | - | 4.57 | 17.41 | 12.53 | 12.85 |
| Selling And Marketing Expense | - | 0.45 | 0.77 | 0.95 | 1.15 |
| Occupancy And Equipment | - | 12.32 | 14.30 | 14.52 | 14.60 |
| Professional Expense And Contract Services Expense | - | 4.28 | 5.92 | 6.90 | 7.18 |
| Other Non Interest Expense | - | 42.57 | 39.84 | 42.17 | 45.83 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| ServisFirst Bancshares, Inc.this co. | SFBS | $4.3B | 15.41↑ premium | 2.30 | 15.0% | - |
| Radian Group Inc. | RDN | $4.5B | 7.67 | 0.93 | 12.2% | - |
| CleanSpark, Inc. | CLSK | $4.3B | 11.81 | 1.98 | 16.8% | 6.67 |
| MarketAxess Holdings Inc. | MKTX | $4.3B | 17.38 | 3.74 | 21.5% | 8.95 |
| Fulton Financial Corporation | FULT | $4.2B |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.70 |
| 1.27 |
| 11.9% |
| - |
| Enova International, Inc. | ENVA | $4.2B | 13.55 | 3.12 | 23.1% | 19.25 |
| Sezzle Inc. | SEZL | $4.1B | 30.56 | 23.96 | 78.4% | 25.25 |
| United Community Banks, Inc. | UCB | $4.0B | 12.12 | 1.09 | 9.0% | - |
| Cathay General Bancorp | CATY | $3.9B | 12.38 | 1.33 | 10.8% | - |
| Peer Median | - | 12.25 | 1.66 | 14.5% | 14.10 | |