ServisFirst Bancshares (SFBS)
NYSE:SFBS
Want to see SFBS full AI Analyst Report?
Top Page
ServisFirst Bancshares
(NYSE:SFBS)
Select Model
Select Model
Rating:76Outperform
Price Target:
$90.00
▲(15.59% Upside)
Action:Reiterated
Date:05/09/26
The score is driven primarily by strong operating performance and improving balance-sheet metrics, reinforced by a positive earnings call highlighting margin expansion, best-in-class efficiency, and solid capital/liquidity. Supportive technical trends and a reasonable P/E with a modest dividend add to the outlook, while margin compression versus prior peaks and credit/cash-flow variability keep the score from the top range.
Positive Factors
Robust revenue and profitability
Sustained high TTM revenue growth (≈28.8%) alongside near-30% net margins shows the business model scales profitably. That combination supports durable earnings power, internal capital generation and ability to fund growth or dividends over the next several quarters.
Negative Factors
Elevated NPAs and recent charge-offs
Persistently elevated NPAs (~1.0%) and a material Q1 charge-off expose the portfolio to credit volatility. Even with planned dispositions, asset-quality remediation can sap capital, raise provisioning needs and constrain earnings consistency for several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Robust revenue and profitability
Sustained high TTM revenue growth (≈28.8%) alongside near-30% net margins shows the business model scales profitably. That combination supports durable earnings power, internal capital generation and ability to fund growth or dividends over the next several quarters.
Read all positive factors
ServisFirst Bancshares (SFBS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.20B
Dividend Yield1.82%
Average Volume (3M)389.35K
Price to Earnings (P/E)12.0
Beta (1Y)0.96
Revenue Growth2.58%
EPS Growth23.10%
CountryUS
Employees636
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)5.42
Shares Outstanding54,662,823
10 Day Avg. Volume371,340
30 Day Avg. Volume389,353
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)2.12
Price to Sales (P/S)3.86
P/FCF Ratio11.24
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue5.71
Enterprise Value/Gross Profit10.59
Enterprise Value/Ebitda15.91
Forecast
1Y Price Target
$91.00Price Target Upside16.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)6.35
Revenue Forecast (FY)$681.80M
ServisFirst Bancshares Business Overview & Revenue Model
Company Description
ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and ...
How the Company Makes Money
ServisFirst Bancshares primarily makes money through its banking subsidiary by generating net interest income and noninterest income. Net interest income is earned from the spread between interest income on loans and investment securities and inte...
ServisFirst Bancshares Earnings Call Summary
Earnings Call Date:Apr 20, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 20, 2026
Earnings Call Sentiment Positive
The call conveyed a predominantly positive operational and financial performance: strong year-over-year EPS growth (+33%), expanding net interest margin (+61 bps YoY), best‑in‑class efficiency (sub‑30%), solid loan and deposit growth, and improving capital and liquidity metrics. Reported headwinds are manageable and largely idiosyncratic — a specific credit charge-off, modest NPA uptick with known near-term reductions, some nonrecurring BOLI volatility, and near-term expense pressure from intentional Texas expansion. Management highlighted meaningful loan repricing opportunities (material pickup on maturing fixed‑rate loans) and expects asset-driven margin expansion, while noting macro/competitive sensitivities (rate path, gas prices, price competition). Overall, the positives materially outweigh the negatives.Positive Updates
Strong Earnings and EPS Growth
Net income of $83.0M; diluted EPS $1.52 (normalized $1.54) vs $1.16 in Q1 2025 — EPS up 33% year-over-year. Return on average assets 1.89% and return on average common equity 17.91%.
Negative Updates
Net Charge-offs and Troubled Credits
Net charge-offs ~ $8.3M in Q1, largely related to the final resolution of one long-time troubled borrower. Management continues active workout efforts on other complex credits.
Read all updates
Q1-2026 Updates
Positive
Negative
Strong Earnings and EPS Growth
Net income of $83.0M; diluted EPS $1.52 (normalized $1.54) vs $1.16 in Q1 2025 — EPS up 33% year-over-year. Return on average assets 1.89% and return on average common equity 17.91%.
Read all positive updates
Company Guidance
Guidance from the call emphasized continued margin and capital tailwinds: management expects further net interest margin expansion (roughly +7–9 bps in a flat rate environment) driven mainly by asset repricing (they cite ~ $2.0B of near‑term low‑fixed loans to reprice and ~$2.9B maturing in the next 3 years, including ~$1.2B maturing in the next 12 months with a 5.19% current yield versus a ~6.5% “going‑on” yield), plus ongoing deposit repricing (interest‑bearing deposit cost = 2.79%, ~$1.3B of time deposits with ~5 months remaining). They flagged expense discipline (expect mid‑ to high‑single‑digit expense growth, efficiency to remain around the high‑29% area), a BOLI run‑rate of about $3.8M, and continued credit cleanup (Q1 net charge‑offs ≈ $8.3M, allowance = 125 bps of loans, NPAs = 100 bps of assets with an anticipated near‑term NPA reduction of ≈ $17M). Operational/strategic items tied to the outlook include solid Q1 organic growth (loans +7% annualized, deposits +8% annualized), Texas build‑out (26,000 sq ft lease, 18 bankers onboard), strong capital and liquidity (prelim CET1 = 11.86%, TCE/tangible assets = 10.46%, cash ≈ $1.84B ≈10% of assets), and the expectation that these factors will continue to drive EPS and ROA/ROE improvement.ServisFirst Bancshares Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
66
Positive
Cash Flow
71
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.02B | 1.02B | 977.12M | 828.82M | 580.46M | 437.43M |
| Gross Profit | 550.24M | 526.97M | 456.07M | 407.79M | 454.43M | 374.11M |
| EBITDA | 366.17M | 342.13M | 283.77M | 249.02M | 312.95M | 257.74M |
| Net Income | 296.35M | 276.60M | 227.24M | 206.85M | 251.50M | 207.73M |
Balance Sheet | ||||||
| Total Assets | 18.17B | 17.73B | 17.35B | 16.13B | 14.60B | 15.45B |
| Cash, Cash Equivalents and Short-Term Investments | 1.14B | 1.16B | 2.82B | 2.86B | 1.46B | 5.01B |
| Total Debt | 1.58B | 1.51B | 2.06B | 1.32B | 1.68B | 1.78B |
| Total Liabilities | 16.26B | 15.88B | 15.73B | 14.69B | 13.30B | 14.30B |
| Stockholders Equity | 1.91B | 1.85B | 1.62B | 1.44B | 1.30B | 1.15B |
Cash Flow | ||||||
| Free Cash Flow | 371.39M | 349.26M | 248.27M | 193.39M | 268.98M | 256.88M |
| Operating Cash Flow | 377.39M | 355.20M | 252.91M | 197.30M | 272.63M | 266.33M |
| Investing Cash Flow | -1.07B | -1.15B | -948.53M | -200.43M | -2.64B | -1.56B |
| Financing Cash Flow | -818.31M | 49.35M | 941.16M | 1.32B | -1.04B | 3.31B |
ServisFirst Bancshares Technical Analysis
Positive
77.86
Price Trends
78.21
Negative
76.69
Positive
77.58
Positive
Market Momentum
0.39
Negative
55.71
Neutral
59.03
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SFBS, the sentiment is Positive. The current price of 77.86 is above the 20-day moving average (MA) of 75.02, below the 50-day MA of 78.21, and above the 200-day MA of 77.58, indicating a neutral trend. The MACD of 0.39 indicates Negative momentum. The RSI at 55.71 is Neutral, neither overbought nor oversold. The STOCH value of 59.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SFBS.
ServisFirst Bancshares Risk Analysis
ServisFirst Bancshares disclosed 37 risk factors in its most recent earnings report. ServisFirst Bancshares reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
ServisFirst Bancshares Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $4.50B | 10.29 | 13.16% | 2.03% | 2.00% | 2.22% | |
78 Outperform | $5.65B | 11.96 | 10.81% | 1.02% | 0.32% | 17.91% | |
76 Outperform | $4.20B | 12.00 | 16.32% | 1.82% | 2.58% | 23.10% | |
72 Outperform | $3.69B | 14.45 | 13.62% | 1.70% | 4.32% | 10.56% | |
69 Neutral | $4.80B | 9.65 | 16.60% | ― | 8.53% | 12.29% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $5.30B | 10.37 | 6.99% | 3.83% | 60.27% | 7.08% |
* Financial Sector Average
SFBS
ServisFirst Bancshares
76.83
0.58
0.76%
ABCB
Ameris Bancorp
84.03
21.68
34.78%
BANF
BancFirst
109.97
-15.79
-12.56%
AX
Axos Financial
84.37
11.95
16.50%
IBOC
International Bancshares
72.40
8.44
13.20%
AUB
Atlantic Union Bankshares
37.04
7.27
24.44%
ServisFirst Bancshares Corporate Events
Business Operations and StrategyFinancial Disclosures
ServisFirst Bancshares Delivers Strong First-Quarter 2026 Results
Positive
Apr 20, 2026
ServisFirst Bancshares reported strong first-quarter 2026 results on April 20, 2026, with diluted earnings per share of $1.52, up 31% from a year earlier, and net income rising to $83.0 million. The bank expanded its net interest margin to 3.53%, ...
Dividends
ServisFirst Bancshares Declares Quarterly Cash Dividend for Q1
Positive
Mar 16, 2026
On March 16, 2026, ServisFirst Bancshares, Inc., the Birmingham, Alabama-based bank holding company for ServisFirst Bank, reported that its board of directors declared a quarterly cash dividend of $0.38 per share. The dividend is scheduled to be p...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
ServisFirst Updates Investor Presentation Highlighting Continued Growth
Positive
Feb 24, 2026
ServisFirst Bancshares, Inc. has updated its investor presentation as of February 2026 to incorporate current-quarter financial data, highlighting total assets of $17.7 billion and stockholders’ equity of $1.9 billion as of December 31, 2025...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.