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ServisFirst Bancshares Inc. - SFBS STOCK NEWS

Welcome to our dedicated page for ServisFirst Bancshares news (Ticker: SFBS), a resource for investors and traders seeking the latest updates and insights on ServisFirst Bancshares stock.

ServisFirst Bancshares Inc. (SFBS) is a prominent bank holding company headquartered in Birmingham, Alabama. Through its wholly-owned subsidiary, ServisFirst Bank, the company extends a wide range of business and personal financial services. ServisFirst Bancshares operates in multiple locations including Birmingham, Huntsville, Mobile, Montgomery, and Dothan in Alabama; Pensacola in Florida; Nashville in Tennessee; Atlanta in Georgia; and Charleston in South Carolina. Their reach covers a broad area, ensuring robust service delivery across the southern United States.

The company's core business revolves around originating commercial, consumer, and other types of loans, as well as accepting deposits. ServisFirst Bancshares prides itself on offering a comprehensive suite of electronic banking services such as online and mobile banking, including remote deposit capture. Additionally, the company provides advanced treasury and cash management services designed to cater to both individuals and businesses.

ServisFirst Bank's Correspondent Bank Division offers an extensive array of correspondent services to community banks throughout the southern U.S., creating a collaborative network that enhances service delivery. The company's financial stability is underscored by its periodic filings with the U.S. Securities and Exchange Commission (SEC), which can be accessed through the SEC's website or directly at www.servisfirstbank.com.

Recent achievements and ongoing projects highlight ServisFirst Bancshares' commitment to innovation and expansion. By maintaining a strong financial condition and forming strategic partnerships, the company continuously enhances its service offerings. The latest news and updates about ServisFirst Bancshares Inc. illustrate its dynamic growth and responsiveness to market needs.

For the latest updates and relevant information about the performance, events, and developments related to ServisFirst Bancshares Inc., stay tuned to the news section on this page or visit their official website.

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ServisFirst Bancshares (NYSE: SFBS) reported strong third-quarter earnings for the period ending September 30, 2022. The diluted earnings per share rose 22% year-over-year to $1.17. Total loans increased by $661.3 million (25% annualized), with a book value per share up 11% year-over-year. However, a preliminary settlement and write-down resulted in a charge of $2.4 million. The return on average common stockholders' equity stood at 20.49%. The efficiency ratio improved to 31.54%, reflecting operational efficiency despite rising expenses.

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ServisFirst Bancshares, Inc. (NYSE: SFBS) will announce its earnings for the quarter ended September 30, 2022, on October 17, 2022, at 4 p.m. ET. The earnings report will be accessible on their website. A live audio webcast to discuss these results is scheduled for the same day at 5:15 p.m. ET, also available on their website. A replay will be accessible until October 31, 2022.

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ServisFirst Bancshares, Inc. has announced a quarterly cash dividend of $0.23 per share, which will be payable on October 7, 2022. This dividend is for stockholders recorded as of October 3, 2022, and was declared by the Board of Directors during a meeting held on September 19, 2022.

Based in Birmingham, Alabama, ServisFirst Bancshares offers a range of business and personal financial services through its subsidiary ServisFirst Bank in multiple locations.

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ServisFirst Bancshares, Inc. (NYSE: SFBS) reported strong earnings for Q2 2022, with diluted earnings per share rising to $1.14, a 24% year-over-year increase. Key metrics include a 29% annualized growth in total loans, reaching $10.62 billion, and a 7% increase in deposits to $11.77 billion. The company expanded into the Tallahassee, Florida market and achieved a return on equity of 21%. Despite increased non-interest expenses, the efficiency ratio remained competitive. Overall, the financial results reflect robust profitability and market growth.

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ServisFirst Bank has announced its expansion into Western North Carolina with the opening of a new branch in Asheville. This location will be led by local bankers, Bryan Boone and Tammy Baldwin, who bring extensive experience in commercial and small business lending. Boone, serving as Regional President, has 22 years of experience, while Baldwin takes on the role of Business Services Officer, focusing on client relationships and small business services. The bank, a subsidiary of ServisFirst Bancshares (NYSE: SFBS), reports assets exceeding $15 billion.

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ServisFirst Bancshares, Inc. (NYSE: SFBS) will announce earnings for the quarter ending June 30, 2022, on July 18, 2022, at 4 p.m. ET. Following this, a live audio webcast discussing the results will take place at 5:15 p.m. ET on the same day. The earnings release and the audio webcast will be accessible via the company's website. ServisFirst Bancshares is based in Birmingham, Alabama, and offers financial services through its subsidiary, ServisFirst Bank, across several regions.

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ServisFirst Bancshares, Inc. (NYSE: SFBS) announced a quarterly cash dividend of $0.23 per share, approved by its Board of Directors on June 21, 2022. This dividend is payable on July 8, 2022, to stockholders of record as of July 1, 2022. The firm, based in Birmingham, Alabama, offers a range of financial services through ServisFirst Bank across various states including Georgia, Florida, and Tennessee.

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ServisFirst Bancshares (NYSE:SFBS) has promoted Angel Stinson to Chief Credit Officer for the Huntsville/North Alabama region. Stinson, with over 25 years of banking experience, has been with ServisFirst since 2018. In her new role, she will oversee the credit approval process and lead a team of credit analysts. The bank recently reported assets exceeding $15 billion, emphasizing its commitment to quality service and competitive products. CEO Andy Kattos praised Stinson's achievements and industry knowledge, highlighting her importance to the Huntsville team.

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ServisFirst Bank, part of ServisFirst Bancshares (NYSE:SFBS), has appointed two local banking leaders in Charlotte. Craig May, III will serve as the Charlotte Regional President, bringing over 35 years of experience, having previously worked with JPMorgan Chase and Wells Fargo. Robert Shell, II joins as Executive Vice President and Chief Credit Officer, with 28 years of experience in various leadership roles. This strategic addition aims to enhance customer service and growth in the Charlotte market.

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FAQ

What is the current stock price of ServisFirst Bancshares (SFBS)?

The current stock price of ServisFirst Bancshares (SFBS) is $85.86 as of December 20, 2024.

What is the market cap of ServisFirst Bancshares (SFBS)?

The market cap of ServisFirst Bancshares (SFBS) is approximately 4.7B.

What is ServisFirst Bancshares Inc.?

ServisFirst Bancshares Inc. is a bank holding company based in Birmingham, Alabama, offering a range of business and personal financial services.

Where does ServisFirst Bancshares operate?

ServisFirst Bancshares operates in Alabama, Florida, Tennessee, Georgia, and South Carolina.

What services does ServisFirst Bancshares provide?

The company provides commercial and consumer loans, deposit services, electronic banking, treasury and cash management services, and correspondent banking.

How can I access ServisFirst Bancshares' SEC filings?

You can access their SEC filings through the SEC's website or at www.servisfirstbank.com.

What is the Correspondent Bank Division of ServisFirst Bank?

It offers a full array of correspondent services to community banks across the southern U.S.

Does ServisFirst Bancshares provide online banking?

Yes, they offer online and mobile banking services, including remote deposit capture.

What recent achievements has ServisFirst Bancshares had?

The company has seen dynamic growth due to its financial stability, strategic partnerships, and innovative service offerings.

Where can I find the latest news about ServisFirst Bancshares?

You can find the latest news on their official website or in the news section of related stock market websites.

What types of loans does ServisFirst Bancshares originate?

The company originates commercial, consumer, and other types of loans.

Which geographical areas does ServisFirst Bancshares serve?

They serve locations in Alabama, Florida, Tennessee, Georgia, and South Carolina.

ServisFirst Bancshares Inc.

NYSE:SFBS

SFBS Rankings

SFBS Stock Data

4.74B
50.51M
7.43%
73.63%
6.68%
Banks - Regional
State Commercial Banks
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United States of America
BIRMINGHAM