ServisFirst Bancshares, Inc.
SFBS NYSE State Commercial Banks Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$562M
16.8%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
32.9%
4.7 pts
Net income
Profit after all expenses, interest and tax.
$277M
21.7%
Return on equity
Net income as a share of average shareholders' equity.
16.0%
1.1 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On $5.87 EPS (TTM)
What ServisFirst Bancshares, Inc. does
No business description yet.
- Legal name
- ServisFirst Bancshares, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Accession · CIK
- 0001171843-26-001150
0001430723
Revenue and margins
ServisFirst Bancshares, Inc. had $562M of revenue in fiscal 2025, up 16.8% on the year before.
FY16
Revenue $204M
FY17
Revenue $245M
FY18
Revenue $282M
FY19
Revenue $312M
FY20
Revenue $368M
FY21
Revenue $418M
FY22
Revenue $504M
FY23
Revenue $441M
FY24
Revenue $482M
FY25
Revenue $562M
Q3 '23
Revenue $108M
Q4 '23
Revenue $109M
Q1 '24
Revenue $111M
Q2 '24
Revenue $115M
Q3 '24
Revenue $124M
Q4 '24
Revenue $132M
Q1 '25
Revenue $132M
Q2 '25
Revenue $132M
Q3 '25
Revenue $136M
Q4 '25
Revenue $162M
Q1 '26
Revenue $159M
Q2 '26
Revenue $169M
FY16
Net interest share 91.7%
Efficiency ratio 39.1%
FY17
Net interest share 92.9%
Efficiency ratio 34.4%
FY18
Net interest share 93.1%
Efficiency ratio 32.6%
FY19
Net interest share 92.3%
Efficiency ratio 32.8%
FY20
Net interest share 91.8%
Efficiency ratio 30.3%
FY21
Net interest share 92.0%
Efficiency ratio 31.8%
FY22
Net interest share 93.4%
Efficiency ratio 31.3%
FY23
Net interest share 93.1%
Efficiency ratio 40.3%
FY24
Net interest share 92.7%
Efficiency ratio 37.6%
FY25
Net interest share 95.2%
Efficiency ratio 32.9%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 92.5%
Efficiency ratio 38.6%
Q4 '23
Net interest share 93.2%
Efficiency ratio 53.4%
Q1 '24
Net interest share 92.0%
Efficiency ratio 41.5%
Q2 '24
Net interest share 92.3%
Efficiency ratio 37.3%
Q3 '24
Net interest share 93.1%
Efficiency ratio 36.9%
Q4 '24
Net interest share 93.3%
Efficiency ratio 35.5%
Q1 '25
Net interest share 93.7%
Efficiency ratio 35.0%
Q2 '25
Net interest share 99.7%
Efficiency ratio 33.5%
Q3 '25
Net interest share 97.9%
Efficiency ratio 35.2%
Q4 '25
Net interest share 90.3%
Efficiency ratio 28.8%
Q1 '26
Net interest share 93.2%
Efficiency ratio 29.8%
Q2 '26
Net interest share 92.4%
Efficiency ratio 29.6%
Net interest share
Efficiency ratio
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 14.3% a year. Loss periods are shown in red.
FY16
Net income $81.5M
FY17
Net income $93.1M
FY18
Net income $137M
FY19
Net income $149M
FY20
Net income $170M
FY21
Net income $208M
FY22
Net income $252M
FY23
Net income $207M
FY24
Net income $227M
FY25
Net income $277M
Q3 '23
Net income $53.3M
Q4 '23
Net income $42.1M
Q1 '24
Net income $50.0M
Q2 '24
Net income $52.1M
Q3 '24
Net income $59.9M
Q4 '24
Net income $65.2M
Q1 '25
Net income $63.2M
Q2 '25
Net income $61.4M
Q3 '25
Net income $65.6M
Q4 '25
Net income $86.4M
Q1 '26
Net income $83.0M
Q2 '26
Net income $85.8M
FY16
Diluted EPS $1.52
FY17
Diluted EPS $1.72
FY18
Diluted EPS $2.53
FY19
Diluted EPS $2.76
FY20
Diluted EPS $3.13
FY21
Diluted EPS $3.82
FY22
Diluted EPS $4.61
FY23
Diluted EPS $3.79
FY24
Diluted EPS $4.16
FY25
Diluted EPS $5.06
Q3 '23
Diluted EPS $0.98
Q4 '23
Diluted EPS $0.77
Q1 '24
Diluted EPS $0.92
Q2 '24
Diluted EPS $0.95
Q3 '24
Diluted EPS $1.10
Q4 '24
Diluted EPS $1.19
Q1 '25
Diluted EPS $1.16
Q2 '25
Diluted EPS $1.12
Q3 '25
Diluted EPS $1.20
Q4 '25
Diluted EPS $1.58
Q1 '26
Diluted EPS $1.52
Q2 '26
Diluted EPS $1.57
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY16
ROE 15.6%
ROTE 15.6%
Efficiency ratio 39.1%
FY17
ROE 16.5%
ROTE 15.3%
Efficiency ratio 34.4%
FY18
ROE 20.7%
ROTE 19.2%
Efficiency ratio 32.6%
FY19
ROE 19.2%
ROTE 17.7%
Efficiency ratio 32.8%
FY20
ROE 18.5%
ROTE 17.1%
Efficiency ratio 30.3%
FY21
ROE 19.4%
ROTE 18.0%
Efficiency ratio 31.8%
FY22
ROE 20.5%
ROTE 19.6%
Efficiency ratio 31.3%
FY23
ROE 15.1%
ROTE 14.5%
Efficiency ratio 40.3%
FY24
ROE 14.9%
ROTE 14.2%
Efficiency ratio 37.6%
FY25
ROE 16.0%
ROTE 15.1%
Efficiency ratio 32.9%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
ServisFirst Bancshares, Inc. returned $73.2M to shareholders in fiscal 2025. The diluted share count rose 0.1%.
FY16
Dividends $7.9M
Buybacks —
FY17
Dividends $10.0M
Buybacks —
FY18
Dividends $20.2M
Buybacks —
FY19
Dividends $24.1M
Buybacks —
FY20
Dividends $28.2M
Buybacks —
FY21
Dividends $32.5M
Buybacks —
FY22
Dividends $37.5M
Buybacks —
FY23
Dividends $45.7M
Buybacks —
FY24
Dividends $65.4M
Buybacks —
FY25
Dividends $73.2M
Buybacks —
Dividends
Buybacks
Q3 '23
Dividends $0.0M
Buybacks —
Q4 '23
Dividends $15.2M
Buybacks —
Q1 '24
Dividends $16.3M
Buybacks —
Q2 '24
Dividends $16.4M
Buybacks —
Q3 '24
Dividends $16.4M
Buybacks —
Q4 '24
Dividends $16.4M
Buybacks —
Q1 '25
Dividends $18.3M
Buybacks —
Q2 '25
Dividends $18.3M
Buybacks —
Q3 '25
Dividends $18.3M
Buybacks —
Q4 '25
Dividends $18.3M
Buybacks —
Q1 '26
Dividends —
Buybacks —
Q2 '26
Dividends —
Buybacks —
Dividends
Buybacks
FY16
Diluted shares 0.05B
FY17
Diluted shares 0.05B
FY18
Diluted shares 0.05B
FY19
Diluted shares 0.05B
FY20
Diluted shares 0.05B
FY21
Diluted shares 0.05B
FY22
Diluted shares 0.05B
FY23
Diluted shares 0.05B
FY24
Diluted shares 0.05B
FY25
Diluted shares 0.05B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY16
Loans $4.9B
Deposits $5.4B
FY17
Loans $5.8B
Deposits $6.1B
FY18
Loans $6.5B
Deposits $6.9B
FY19
Loans $7.2B
Deposits $7.5B
FY20
Loans $8.4B
Deposits $10.0B
FY21
Loans $9.4B
Deposits $12.5B
FY22
Loans $11.5B
Deposits $11.5B
FY23
Loans —
Deposits $13.3B
FY24
Loans $12.4B
Deposits $13.5B
FY25
Loans $13.5B
Deposits $14.2B
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $9.4B | $11.5B | — | $12.4B | $13.5B |
| Deposits | $12.5B | $11.5B | $13.3B | $13.5B | $14.2B |
| Loans / deposits | 75.6% | 100.0% | — | 91.9% | 95.1% |
| Total assets | $15.4B | $14.6B | $16.1B | $17.4B | $17.7B |
| Shareholders' equity | $1.2B | $1.3B | $1.4B | $1.6B | $1.8B |
| Goodwill | — | $13.6M | $13.6M | $13.6M | $13.6M |
| Provision / loans | 0.3% | 0.3% | — | 0.2% | 0.3% |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $204M | $245M | $282M | $312M | $368M | $418M | $504M | $441M | $482M | $562M |
| Net interest income | $187M | $227M | $263M | $288M | $338M | $385M | $471M | $411M | $447M | $535M |
| Noninterest income | $17.0M | $17.4M | $19.4M | $24.0M | $30.1M | $33.5M | $33.4M | $30.4M | $35.1M | $27.2M |
| Noninterest expense | $79.9M | $84.2M | $91.9M | $102M | $112M | $133M | $158M | $178M | $181M | $185M |
| Provision for credit losses | $13.4M | $23.2M | $21.4M | $22.6M | $42.4M | $31.5M | $37.6M | $18.7M | $21.6M | $35.3M |
| Interest expense | $25.8M | $35.3M | $63.9M | $103M | $51.0M | $31.8M | $88.4M | $402M | — | — |
| Pretax income | $111M | $137M | $169M | $187M | $214M | $253M | $309M | $245M | $279M | $342M |
| Income tax | $29.3M | $44.3M | $31.9M | $37.6M | $44.6M | $45.6M | $57.3M | $37.7M | $51.7M | $65.5M |
| Net income | $81.5M | $93.1M | $137M | $149M | $170M | $208M | $252M | $207M | $227M | $277M |
| Net income to common | $81.4M | $93.0M | $137M | $149M | $170M | $208M | $251M | $207M | $227M | $277M |
| Diluted EPS | $1.52 | $1.72 | $2.53 | $2.76 | $3.13 | $3.82 | $4.61 | $3.79 | $4.16 | $5.06 |
| Diluted shares | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B |
| Cash flow | ||||||||||
| Cash from operations | $98.5M | $118M | $168M | $164M | $191M | $266M | $273M | $197M | $253M | $355M |
| Capital expenditure | $22.2M | $21.2M | $2.3M | — | — | — | — | — | — | — |
| Free cash flow | $76.3M | $97.3M | $166M | — | — | — | — | — | — | — |
| Depreciation and amortization | $2.7M | $2.6M | $3.4M | $3.7M | $3.8M | $4.1M | $4.1M | $4.4M | $4.8M | $4.7M |
| Stock-based compensation | $1.2M | $1.2M | $0.9M | $1.1M | $1.3M | $1.9M | $3.2M | $3.6M | $3.5M | $3.0M |
| Acquisitions | $0.0M | — | — | — | — | — | — | — | — | — |
| Dividends paid | $7.9M | $10.0M | $20.2M | $24.1M | $28.2M | $32.5M | $37.5M | $45.7M | $65.4M | $73.2M |
| Dividends and buybacks | $7.9M | $10.0M | $20.2M | $24.1M | $28.2M | $32.5M | $37.5M | $45.7M | $65.4M | $73.2M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $784M | $478M | $682M | $631M | — | — | — | — | — | — |
| Loans, net | $4.9B | $5.8B | $6.5B | $7.2B | $8.4B | $9.4B | $11.5B | — | $12.4B | $13.5B |
| Deposits | $5.4B | $6.1B | $6.9B | $7.5B | $10.0B | $12.5B | $11.5B | $13.3B | $13.5B | $14.2B |
| Property and equipment, net | $40.3M | $58.9M | $57.8M | $56.5M | $55.0M | $60.3M | $59.9M | $59.3M | $59.2M | $60.4M |
| Goodwill | — | — | — | — | — | — | $13.6M | $13.6M | $13.6M | $13.6M |
| Total assets | $6.4B | $7.1B | $8.0B | $8.9B | $11.9B | $15.4B | $14.6B | $16.1B | $17.4B | $17.7B |
| Total liabilities | $5.8B | $6.5B | $7.3B | $8.1B | $10.9B | $14.3B | $13.3B | $14.7B | $15.7B | $15.9B |
| Preferred stock | — | — | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $523M | $607M | $715M | $842M | $992M | $1.2B | $1.3B | $1.4B | $1.6B | $1.8B |
| Margins | ||||||||||
| Net margin | 39.9% | 38.0% | 48.5% | 47.9% | 46.1% | 49.7% | 49.9% | 46.9% | 47.2% | 49.2% |
| FCF margin | 37.4% | 39.8% | 58.8% | — | — | — | — | — | — | — |
| Net interest share of revenue | 91.7% | 92.9% | 93.1% | 92.3% | 91.8% | 92.0% | 93.4% | 93.1% | 92.7% | 95.2% |
| Efficiency ratio | 39.1% | 34.4% | 32.6% | 32.8% | 30.3% | 31.8% | 31.3% | 40.3% | 37.6% | 32.9% |
| Returns | ||||||||||
| Return on equity | 15.6% | 16.5% | 20.7% | 19.2% | 18.5% | 19.4% | 20.5% | 15.1% | 14.9% | 16.0% |
| Return on assets | 1.3% | 1.4% | 1.8% | 1.8% | 1.6% | 1.5% | 1.7% | 1.3% | 1.4% | 1.6% |
| Return on tangible equity | 15.6% | 15.3% | 19.2% | 17.7% | 17.1% | 18.0% | 19.6% | 14.5% | 14.2% | 15.1% |
| Growth | ||||||||||
| Revenue growth | — | 19.9% | 15.3% | 10.5% | 18.1% | 13.5% | 20.6% | −12.5% | 9.1% | 16.8% |
| Net income growth | — | 14.3% | 47.1% | 9.0% | 13.6% | 22.5% | 21.1% | −17.8% | 9.9% | 21.7% |
| EPS growth | — | 13.2% | 47.1% | 9.1% | 13.4% | 22.0% | 20.7% | −17.8% | 9.8% | 21.6% |
| FCF growth | — | 27.5% | 70.6% | — | — | — | — | — | — | — |
| Share count change | — | 1.0% | 0.1% | −0.1% | 0.2% | 0.4% | 0.2% | 0.0% | 0.2% | 0.1% |
| Financial health | ||||||||||
| Loans / deposits | 89.7% | 95.1% | 93.5% | 95.4% | 84.0% | 75.6% | 100.0% | — | 91.9% | 95.1% |
| Provision / loans | 0.3% | 0.4% | 0.3% | 0.3% | 0.5% | 0.3% | 0.3% | — | 0.2% | 0.3% |
| Capital allocation | ||||||||||
| Capex / revenue | 10.9% | 8.6% | 0.8% | — | — | — | — | — | — | — |
| Stock comp / revenue | 0.6% | 0.5% | 0.3% | 0.4% | 0.4% | 0.4% | 0.6% | 0.8% | 0.7% | 0.5% |
| Payouts / FCF | 10.3% | 10.3% | 12.2% | — | — | — | — | — | — | — |
| Quality scores | ||||||||||
| Accruals ratio | −0.3% | −0.4% | −0.4% | −0.2% | −0.2% | −0.4% | −0.1% | 0.1% | −0.2% | −0.4% |
Source: SEC EDGAR XBRL filings (CIK 0001430723). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.