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ServisFirst Bancshares (SFBS) Financials

ServisFirst Bancshares logo
$88.30 -0.05 (-0.06%)
Closing price 03:59 PM Eastern
Extended Trading
$88.17 -0.13 (-0.15%)
As of 04:20 PM Eastern
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Annual Income Statements for ServisFirst Bancshares

Annual Income Statements for ServisFirst Bancshares

This table shows ServisFirst Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 63 81 93 137 149 170 208 251 207 227
Consolidated Net Income / (Loss)		 64 81 93 137 149 170 208 252 207 227
Net Income / (Loss) Continuing Operations		 64 81 93 137 149 170 208 252 207 227
Total Pre-Tax Income 		89 111 137 169 187 214 253 309 245 279
Total Revenue		 176 204 245 282 312 368 418 504 441 482
Net Interest Income / (Expense)		 162 187 227 263 288 338 385 471 411 447
Total Interest Income		 180 213 263 327 391 389 416 559 813 946
Loans and Leases Interest Income		 171 200 247 305 354 363 386 500 699 788
Investment Securities Interest Income		 7.83 8.64 12 15 18 23 26 41 54 67
Federal Funds Sold and Securities Borrowed Interest Income		 0.13 1.01 1.69 3.10 6.04 0.33 0.03 1.56 2.84 1.13
Other Interest Income		 0.72 2.79 2.32 3.09 12 3.17 4.84 17 58 90
Total Interest Expense		 18 26 35 64 103 51 32 88 402 499
Deposits Interest Expense		 15 20 29 56 91 45 27 59 332 421
Long-Term Debt Interest Expense		 2.81 5.64 6.50 8.45 12 5.76 5.23 29 71 79
Total Non-Interest Income		 14 17 17 19 24 30 33 33 30 35
Other Service Charges		 11 2.69 1.10 16 1.74 24 4.66 33 23 26
Net Realized & Unrealized Capital Gains on Investments		 0.03 -0.00 0.00 0.19 0.03 0.00 0.62 -6.17 0.00 0.00
Other Non-Interest Income		 2.62 14 16 3.13 22 6.31 28 6.48 7.57 9.53
Provision for Credit Losses		 13 13 23 21 23 42 32 38 19 22
Total Non-Interest Expense		 74 80 84 92 102 112 133 158 178 181
Salaries and Employee Benefits		 39 44 48 52 58 61 68 78 81 96
Net Occupancy & Equipment Expense		 6.39 7.99 8.02 17 21 24 28 40 42 46
Other Operating Expenses		 27 28 29 23 24 26 38 40 55 39
Income Tax Expense		 25 29 44 32 38 45 46 57 38 52
Preferred Stock Dividends Declared		 0.28 0.05 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06
Basic Earnings per Share		 $1.23 $1.55 $1.76 $2.57 $2.79 $3.15 $3.83 $4.63 $3.80 $4.17
Weighted Average Basic Shares Outstanding		 51.43M 52.45M 52.89M 53.48M 53.70M 54.09M 54.27M 54.40M 54.49M 54.58M
Diluted Earnings per Share		 $1.20 $1.52 $1.72 $2.53 $2.76 $3.13 $3.82 $4.61 $3.79 $4.16
Weighted Average Diluted Shares Outstanding		 51.43M 52.45M 52.89M 53.48M 53.70M 54.09M 54.27M 54.40M 54.49M 54.58M
Weighted Average Basic & Diluted Shares Outstanding		 51.43M 52.45M 52.89M 53.48M 53.70M 54.09M 54.27M 54.40M 54.49M 54.58M
Cash Dividends to Common per Share		 - $0.12 $0.15 $0.33 $0.45 $0.53 $0.60 $0.69 $0.84 $0.90

Quarterly Income Statements for ServisFirst Bancshares

This table shows ServisFirst Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 64 68 58 53 53 42 50 52 60 65 63
Consolidated Net Income / (Loss)		 64 68 58 53 53 42 50 52 60 65 63
Net Income / (Loss) Continuing Operations		 64 68 58 53 53 42 50 52 60 65 63
Total Pre-Tax Income 		77 84 71 65 62 47 61 67 72 79 79
Total Revenue		 135 129 115 110 108 109 111 115 124 132 132
Net Interest Income / (Expense)		 126 122 108 101 100 102 102 106 115 123 124
Total Interest Income		 149 170 181 190 213 229 227 228 248 244 241
Loans and Leases Interest Income		 131 154 164 172 179 185 187 194 206 201 197
Investment Securities Interest Income		 11 11 11 12 16 16 16 16 18 17 16
Federal Funds Sold and Securities Borrowed Interest Income		 0.63 0.82 0.61 0.23 0.99 1.02 0.54 0.54 0.03 0.02 0.02
Other Interest Income		 6.17 4.61 6.06 6.12 18 28 23 17 24 26 28
Total Interest Expense		 23 48 73 88 114 127 124 122 133 121 118
Deposits Interest Expense		 14 33 56 72 96 108 104 105 113 99 95
Long-Term Debt Interest Expense		 9.23 14 17 16 18 19 20 17 20 22 23
Total Non-Interest Income		 8.94 6.97 6.32 8.58 8.14 7.38 8.81 8.89 8.55 8.80 8.28
Other Service Charges		 7.30 7.47 0.64 0.84 0.80 21 5.58 0.83 0.82 18 6.14
Other Non-Interest Income		 1.64 -0.50 5.69 2.50 7.34 -7.95 3.23 2.06 7.73 -3.49 2.14
Provision for Credit Losses		 16 7.14 4.20 6.65 4.28 3.58 4.37 5.35 5.66 6.21 6.63
Total Non-Interest Expense		 43 38 40 38 42 58 46 43 46 46 46
Salaries and Employee Benefits		 20 19 19 19 20 23 23 24 25 24 23
Net Occupancy & Equipment Expense		 10 11 11 9.62 10 12 11 11 12 12 11
Other Operating Expenses		 13 7.43 9.88 10 11 24 13 7.57 8.75 10 12
Income Tax Expense		 13 16 13 11 8.55 5.15 11 14 12 14 16
Preferred Stock Dividends Declared		 0.00 0.03 0.00 0.03 0.00 0.03 0.00 0.03 0.00 0.03 0.00
Basic Earnings per Share		 $1.18 $1.25 $1.07 $0.98 $0.98 $0.77 $0.92 $0.96 $1.10 $1.19 $1.16
Weighted Average Basic Shares Outstanding		 - 54.40M 54.28M 54.42M 54.44M 54.49M 54.51M 54.53M 54.55M 54.58M 54.61M
Diluted Earnings per Share		 $1.17 $1.24 $1.06 $0.98 $0.98 $0.77 $0.92 $0.95 $1.10 $1.19 $1.16
Weighted Average Diluted Shares Outstanding		 - 54.40M 54.28M 54.42M 54.44M 54.49M 54.51M 54.53M 54.55M 54.58M 54.61M
Weighted Average Basic & Diluted Shares Outstanding		 - 54.40M 54.28M 54.42M 54.44M 54.49M 54.51M 54.53M 54.55M 54.58M 54.61M
Cash Dividends to Common per Share		 $0.23 - $0.28 $0.28 $0.28 - $0.30 $0.30 $0.30 - $0.34

Annual Cash Flow Statements for ServisFirst Bancshares

This table details how cash moves in and out of ServisFirst Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 55 432 -306 204 -51 1,581 2,011 -3,406 1,315 246
Net Cash From Operating Activities		 76 99 118 168 164 191 266 273 197 253
Net Cash From Continuing Operating Activities		 76 99 118 168 164 191 266 273 197 253
Net Income / (Loss) Continuing Operations		 64 81 93 137 149 170 208 252 207 227
Consolidated Net Income / (Loss)		 64 81 93 137 149 170 208 252 207 227
Provision For Loan Losses		 13 13 23 21 23 42 32 38 19 22
Depreciation Expense		 2.22 2.72 2.57 3.38 3.68 3.83 4.12 4.10 4.44 4.79
Amortization Expense		 5.09 4.53 4.30 3.11 3.37 5.88 15 2.60 14 -0.20
Non-Cash Adjustments to Reconcile Net Income		 -9.55 0.06 12 -12 -9.86 -21 11 11 -8.22 1.68
Changes in Operating Assets and Liabilities, net		 2.12 -3.67 -17 15 -4.79 -9.36 -2.84 -34 -39 -2.18
Net Cash From Investing Activities		 -749 -862 -1,042 -754 -988 -1,411 -1,561 -2,642 -200 -949
Net Cash From Continuing Investing Activities		 -749 -862 -1,042 -754 -988 -1,411 -1,561 -2,642 -200 -949
Purchase of Property, Leasehold Improvements and Equipment		 -5.54 -22 -21 -2.30 -2.36 -2.31 -9.45 -3.65 -3.91 -4.65
Purchase of Investment Securities		 -813 -920 -1,117 -854 -1,124 -1,633 -1,831 -2,910 -1,090 -2,165
Sale and/or Maturity of Investments		 69 80 96 101 138 224 280 271 893 1,221
Net Cash From Financing Activities		 728 1,195 617 790 773 2,801 3,305 -1,036 1,318 941
Net Cash From Continuing Financing Activities		 728 1,195 617 790 773 2,801 3,305 -1,036 1,318 941
Net Change in Deposits		 650 1,196 671 824 615 2,445 2,477 -906 1,727 270
Issuance of Debt		 35 0.00 30 0.00 0.00 35 0.00 0.00 300 0.00
Repayment of Debt		 -0.30 -0.40 -20 -0.20 0.00 -35 0.00 0.00 -300 0.00
Payment of Dividends		 -6.16 -7.91 -10 -20 -24 -28 -33 -38 -46 -65
Other Financing Activities, Net		 90 6.77 -54 -13 182 384 861 -93 -363 737
Cash Interest Paid		 17 24 35 59 102 51 31 83 393 499
Cash Income Taxes Paid		 27 31 43 31 42 51 57 69 54 45

Quarterly Cash Flow Statements for ServisFirst Bancshares

This table details how cash moves in and out of ServisFirst Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 -1,200 328 55 107 1,087 66 -680 -174 483 616 973
Net Cash From Operating Activities		 71 76 55 38 13 91 53 48 84 67 48
Net Cash From Continuing Operating Activities		 71 76 55 38 13 91 53 48 84 67 48
Net Income / (Loss) Continuing Operations		 64 68 58 53 53 42 50 52 60 65 63
Consolidated Net Income / (Loss)		 64 68 58 53 53 42 50 52 60 65 63
Provision For Loan Losses		 16 7.14 4.20 6.65 4.28 3.58 4.37 5.35 6.16 5.70 6.63
Depreciation Expense		 1.06 0.95 1.07 1.07 1.10 1.20 1.10 1.14 1.46 1.09 1.22
Amortization Expense		 0.29 0.23 0.13 6.64 -6.54 14 2.64 -2.95 7.00 -6.89 2.90
Non-Cash Adjustments to Reconcile Net Income		 3.64 1.20 2.59 -6.88 0.06 -3.99 -2.21 1.29 -4.90 7.49 -3.26
Changes in Operating Assets and Liabilities, net		 -14 -1.29 -11 -23 -40 34 -2.45 -8.72 14 -5.40 -23
Net Cash From Investing Activities		 -628 -383 86 -407 148 -28 -284 -466 83 -282 -306
Net Cash From Continuing Investing Activities		 -628 -383 86 -407 148 -28 -284 -466 83 -282 -306
Purchase of Property, Leasehold Improvements and Equipment		 -0.66 -1.72 -1.31 -0.63 -0.96 -1.00 -1.08 -1.04 -3.58 1.05 -1.47
Purchase of Investment Securities		 -679 -415 43 -447 -288 -398 -433 -944 -12 -777 -402
Sale and/or Maturity of Investments		 52 34 44 41 438 371 150 479 98 494 97
Net Cash From Financing Activities		 -643 635 -86 476 926 2.44 -450 243 316 831 1,231
Net Cash From Continuing Financing Activities		 -643 635 -86 476 926 2.44 -450 243 316 831 1,231
Net Change in Deposits		 -720 495 69 673 854 131 -522 508 -113 397 886
Payment of Dividends		 0.08 -13 -15 -15 -0.03 -15 -16 -16 -16 -16 -18
Other Financing Activities, Net		 77 153 -140 -182 72 -113 89 -248 446 451 364
Cash Interest Paid		 29 44 71 86 112 125 125 123 132 119 117
Cash Income Taxes Paid		 19 13 1.92 45 7.02 - 6.98 20 6.43 11 3.13

Annual Balance Sheets for ServisFirst Bancshares

This table presents ServisFirst Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 5,096 6,370 7,082 8,007 8,948 11,933 15,449 14,596 16,130 17,352
Cash and Due from Banks		 47 57 86 98 79 94 57 106 123 116
Restricted Cash		 4.95 1.02 - - - 0.00 - 7.73 10 11
Federal Funds Sold		 35 160 240 224 100 1.77 58 1.52 101 1.05
Interest Bearing Deposits at Other Banks		 271 567 152 361 452 2,116 4,107 708 1,907 2,259
Trading Account Securities		 370 485 539 590 760 887 1,306 1,679 1,883 1,876
Loans and Leases, Net of Allowance		 4,173 4,860 5,792 6,465 7,185 8,378 9,416 11,542 11,506 12,441
Loans and Leases		 4,216 4,912 5,851 6,533 7,261 8,466 9,533 11,688 11,659 12,606
Allowance for Loan and Lease Losses		 43 52 59 69 77 88 117 146 153 164
Loans Held for Sale		 8.25 4.68 4.46 0.12 6.31 14 1.11 1.61 5.07 9.21
Accrued Investment Income		 14 16 21 24 26 37 35 48 59 63
Premises and Equipment, Net		 19 40 59 58 56 55 60 60 59 59
Goodwill		 - - - - - - - 14 14 14
Other Assets		 138 165 175 174 269 336 395 428 463 501
Total Liabilities & Shareholders' Equity		 5,096 6,370 7,082 8,007 8,948 11,933 15,449 14,596 16,130 17,352
Total Liabilities		 4,646 5,848 6,475 7,292 8,105 10,940 14,297 13,298 14,689 15,735
Non-Interest Bearing Deposits		 1,053 1,282 1,440 1,557 1,750 2,789 4,800 3,321 2,643 2,620
Interest Bearing Deposits		 3,170 4,139 4,651 5,358 5,781 7,187 7,653 8,225 10,630 10,924
Federal Funds Purchased and Securities Sold		 352 356 302 289 471 852 1,712 1,619 1,257 1,994
Long-Term Debt		 56 55 65 - - - - - - 65
Other Long-Term Liabilities		 12 12 12 13 27 48 54 68 94 133
Total Equity & Noncontrolling Interests		 449 523 608 715 843 993 1,152 1,298 1,440 1,617
Total Preferred & Common Equity		 449 523 607 715 842 992 1,152 1,297 1,440 1,616
Preferred Stock		 0.00 0.00 0.00 - 0.00 0.00 - 0.00 0.00 0.00
Total Common Equity		 449 523 607 715 842 992 1,152 1,297 1,440 1,616
Common Stock		 212 216 218 219 220 224 226 230 233 236
Retained Earnings		 234 307 390 501 617 748 911 1,110 1,255 1,413
Accumulated Other Comprehensive Income / (Loss)		 3.05 -0.62 -0.20 -4.74 5.75 20 14 -42 -48 -32
Noncontrolling Interest		 0.38 0.38 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50

Quarterly Balance Sheets for ServisFirst Bancshares

This table presents ServisFirst Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 14,567 15,073 16,044 15,722 16,050 16,449 18,637
Cash and Due from Banks		 139 107 112 79 136 142 122
Restricted Cash		 - 7.31 10 11 11 11 12
Federal Funds Sold		 6.48 18 91 171 11 3.54 9.32
Interest Bearing Deposits at Other Banks		 725 852 1,862 1,202 1,130 1,614 3,219
Trading Account Securities		 1,647 2,052 1,885 1,942 1,942 1,868 1,906
Loans and Leases, Net of Allowance		 0.00 11,453 11,489 11,725 12,175 12,177 12,722
Loans and Leases		 - 11,605 11,641 11,881 12,333 12,338 12,887
Allowance for Loan and Lease Losses		 - 152 152 156 158 161 165
Loans Held for Sale		 1.65 - - 7.59 11 8.45 11
Accrued Investment Income		 51 50 57 61 63 62 70
Premises and Equipment, Net		 60 60 60 59 59 61 59
Goodwill		 - - 14 14 14 14 14
Other Assets		 442 460 465 451 498 488 493
Total Liabilities & Shareholders' Equity		 14,567 15,073 16,044 15,722 16,050 16,449 18,637
Total Liabilities		 13,227 13,709 14,643 14,246 14,539 14,879 16,968
Non-Interest Bearing Deposits		 2,899 2,855 2,621 2,628 2,475 2,576 2,648
Interest Bearing Deposits		 8,717 9,433 10,521 10,124 10,784 10,570 11,781
Federal Funds Purchased and Securities Sold		 1,480 1,298 1,370 1,345 1,097 1,543 2,358
Short-Term Debt		 65 - - - 65 65 65
Other Long-Term Liabilities		 45 58 66 84 118 125 116
Total Equity & Noncontrolling Interests		 1,340 1,363 1,401 1,476 1,511 1,570 1,669
Total Preferred & Common Equity		 1,339 1,363 1,401 1,476 1,510 1,570 1,668
Preferred Stock		 - 0.00 0.00 0.00 - 0.00 0.00
Total Common Equity		 1,339 1,363 1,401 1,476 1,510 1,570 1,668
Common Stock		 230 231 232 234 235 236 236
Retained Earnings		 1,153 1,191 1,229 1,289 1,322 1,366 1,458
Accumulated Other Comprehensive Income / (Loss)		 -43 -59 -60 -47 -47 -32 -25
Noncontrolling Interest		 0.50 0.50 0.50 0.50 0.50 0.50 0.50

Annual Metrics And Ratios for ServisFirst Bancshares

This table displays calculated financial ratios and metrics derived from ServisFirst Bancshares' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 24.21% 16.07% 19.93% 15.25% 10.46% 18.14% 13.53% 20.65% -12.47% 9.14%
EBITDA Growth		 21.82% 22.59% 22.14% 21.58% 10.59% 15.48% 21.65% 15.83% -16.51% 7.65%
EBIT Growth		 20.31% 24.51% 23.94% 22.93% 10.67% 14.63% 18.27% 21.90% -20.80% 14.06%
NOPAT Growth		 21.31% 28.23% 14.25% 47.10% 8.98% 13.62% 22.51% 21.07% -17.75% 9.86%
Net Income Growth		 21.31% 28.23% 14.25% 47.10% 8.98% 13.62% 22.51% 21.07% -17.75% 9.86%
EPS Growth		 21.31% 26.67% 13.16% 47.09% 9.09% 13.41% 22.04% 20.68% -17.79% 9.76%
Operating Cash Flow Growth		 17.18% 29.18% 20.24% 42.07% -2.39% 16.45% 39.23% 2.36% -27.63% 28.19%
Free Cash Flow Firm Growth		 75.63% 157.70% -114.71% 2,573.34% -26.37% -10.92% 151.18% 117.23% -39.08% -20.93%
Invested Capital Growth		 18.16% 14.53% 16.31% 15.98% 16.35% 16.55% 15.05% 11.99% 10.46% 11.72%
Revenue Q/Q Growth		 5.51% 3.84% 4.52% 0.00% 0.00% 4.99% 2.00% 17.05% -4.39% 4.99%
EBITDA Q/Q Growth		 5.88% 3.38% 4.13% 2,589.98% 2,887.80% 7.36% -0.87% 16.76% -11.55% 9.81%
EBIT Q/Q Growth		 3.08% 4.44% 5.34% 0.00% 0.00% 7.26% -1.65% 18.79% -13.11% 13.02%
NOPAT Q/Q Growth		 8.02% 2.50% -0.63% 0.00% 0.00% 6.23% 1.35% 17.58% -11.03% 11.32%
Net Income Q/Q Growth		 8.02% 2.50% -0.63% 0.00% 0.00% 6.23% 1.35% 17.58% -11.03% 11.32%
EPS Q/Q Growth		 8.02% -49.67% -2.82% 0.00% 0.00% 6.10% 1.33% 17.30% -11.03% 11.23%
Operating Cash Flow Q/Q Growth		 2.24% 3.38% 8.63% 9.76% 5.92% 6.90% -2.29% 3.18% 8.31% -8.64%
Free Cash Flow Firm Q/Q Growth		 6.27% 154.22% -110.18% 129.22% 116.83% -5.81% 155.22% -93.06% 105.22% 44.23%
Invested Capital Q/Q Growth		 3.67% 2.65% 4.22% 4.52% 3.67% 4.27% -6.93% 0.00% 2.66% 2.84%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 54.77% 57.85% 58.91% 62.15% 62.22% 60.82% 65.18% 62.57% 59.69% 58.87%
EBIT Margin		 50.61% 54.29% 56.11% 59.85% 59.96% 58.18% 60.62% 61.24% 55.42% 57.91%
Profit (Net Income) Margin		 36.13% 39.92% 38.03% 48.54% 47.89% 46.06% 49.70% 49.88% 46.87% 47.17%
Tax Burden Percent		 71.39% 73.53% 67.78% 81.11% 79.87% 79.16% 82.00% 81.44% 84.57% 81.45%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 28.61% 26.47% 32.22% 18.89% 20.13% 20.84% 18.00% 18.56% 15.43% 18.55%
Return on Invested Capital (ROIC)		 13.64% 15.05% 14.89% 18.86% 17.69% 17.26% 18.27% 19.50% 14.43% 14.26%
ROIC Less NNEP Spread (ROIC-NNEP)		 13.64% 15.05% 14.89% 18.86% 17.69% 17.26% 18.27% 19.50% 14.43% 14.26%
Return on Net Nonoperating Assets (RNNOA)		 1.20% 1.72% 1.58% 1.85% 1.47% 1.22% 1.10% 1.03% 0.68% 0.60%
Return on Equity (ROE)		 14.84% 16.76% 16.47% 20.70% 19.16% 18.48% 19.37% 20.53% 15.11% 14.87%
Cash Return on Invested Capital (CROIC)		 -3.02% 1.50% -0.19% 4.06% 2.58% 1.97% 4.27% 8.19% 4.49% 3.19%
Operating Return on Assets (OROA)		 1.94% 1.93% 2.04% 2.24% 2.20% 2.05% 1.85% 2.06% 1.59% 1.67%
Return on Assets (ROA)		 1.38% 1.42% 1.38% 1.82% 1.76% 1.62% 1.52% 1.67% 1.35% 1.36%
Return on Common Equity (ROCE)		 14.14% 16.75% 16.46% 20.69% 19.15% 18.47% 19.36% 20.52% 15.10% 14.86%
Return on Equity Simple (ROE_SIMPLE)		 14.16% 15.59% 15.33% 19.16% 17.72% 17.09% 18.04% 19.39% 14.37% 14.06%
Net Operating Profit after Tax (NOPAT)		 64 81 93 137 149 170 208 252 207 227
NOPAT Margin		 36.13% 39.92% 38.03% 48.54% 47.89% 46.06% 49.70% 49.88% 46.87% 47.17%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 25.76% 25.45% 22.72% 24.44% 25.12% 23.16% 22.85% 23.32% 27.90% 29.48%
Operating Expenses to Revenue		 42.08% 39.14% 34.40% 32.57% 32.77% 30.29% 31.84% 31.30% 40.34% 37.60%
Earnings before Interest and Taxes (EBIT)		 89 111 137 169 187 214 253 309 245 279
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 96 118 144 175 194 224 272 316 263 284
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 2.43 3.37 3.25 2.16 2.22 2.07 3.83 2.78 2.48 2.85
Price to Tangible Book Value (P/TBV)		 2.52 3.47 3.34 2.21 2.26 2.10 3.88 2.81 2.50 2.87
Price to Revenue (P/Rev)		 6.21 8.63 8.07 5.48 6.01 5.59 10.55 7.14 8.08 9.56
Price to Earnings (P/E)		 17.27 21.63 21.24 11.30 12.55 12.14 21.24 14.32 17.24 20.27
Dividend Yield		 0.55% 0.48% 0.54% 1.65% 1.79% 1.90% 1.02% 1.46% 1.74% 1.42%
Earnings Yield		 5.79% 4.62% 4.71% 8.85% 7.97% 8.24% 4.71% 6.98% 5.80% 4.93%
Enterprise Value to Invested Capital (EV/IC)		 1.57 1.78 2.33 1.19 1.44 0.00 0.21 2.09 0.99 1.36
Enterprise Value to Revenue (EV/Rev)		 4.50 5.06 6.39 3.29 4.19 0.00 0.61 5.64 3.38 4.74
Enterprise Value to EBITDA (EV/EBITDA)		 8.22 8.74 10.84 5.30 6.74 0.00 0.93 9.01 5.66 8.05
Enterprise Value to EBIT (EV/EBIT)		 8.89 9.31 11.39 5.50 6.99 0.00 1.00 9.21 6.09 8.18
Enterprise Value to NOPAT (EV/NOPAT)		 12.46 12.66 16.80 6.79 8.75 0.00 1.22 11.31 7.20 10.04
Enterprise Value to Operating Cash Flow (EV/OCF)		 10.38 10.47 13.20 5.52 7.95 0.00 0.95 10.43 7.55 9.02
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 127.20 0.00 31.50 60.12 0.00 5.21 26.92 23.16 44.86
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.12 0.11 0.11 0.09 0.08 0.07 0.06 0.05 0.04 0.04
Long-Term Debt to Equity		 0.12 0.11 0.11 0.00 0.00 0.00 0.00 0.00 0.00 0.04
Financial Leverage		 0.09 0.11 0.11 0.10 0.08 0.07 0.06 0.05 0.05 0.04
Leverage Ratio		 10.74 11.80 11.90 11.41 10.88 11.38 12.77 12.26 11.22 10.95
Compound Leverage Factor		 10.74 11.80 11.90 11.41 10.88 11.38 12.77 12.26 11.22 10.95
Debt to Total Capital		 11.02% 9.56% 9.64% 8.29% 7.13% 6.12% 5.32% 4.75% 4.30% 3.85%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 8.29% 7.13% 6.12% 5.32% 4.75% 4.30% 0.00%
Long-Term Debt to Total Capital		 11.02% 9.56% 9.64% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.85%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.07% 0.07% 0.07% 0.06% 0.06% 0.05% 0.04% 0.04% 0.03% 0.03%
Common Equity to Total Capital		 88.90% 90.38% 90.28% 91.64% 92.81% 93.83% 94.64% 95.21% 95.67% 96.12%
Debt to EBITDA		 0.58 0.47 0.45 0.37 0.33 0.29 0.24 0.21 0.25 0.23
Net Debt to EBITDA		 -3.13 -6.18 -2.86 -3.52 -2.92 -9.59 -15.26 -2.41 -7.88 -8.19
Long-Term Debt to EBITDA		 0.58 0.47 0.45 0.00 0.00 0.00 0.00 0.00 0.00 0.23
Debt to NOPAT		 0.88 0.68 0.70 0.47 0.43 0.38 0.31 0.26 0.31 0.28
Net Debt to NOPAT		 -4.75 -8.96 -4.43 -4.51 -3.79 -12.66 -20.01 -3.02 -10.04 -10.22
Long-Term Debt to NOPAT		 0.88 0.68 0.70 0.00 0.00 0.00 0.00 0.00 0.00 0.28
Noncontrolling Interest Sharing Ratio		 4.74% 0.08% 0.08% 0.08% 0.06% 0.05% 0.05% 0.04% 0.04% 0.03%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -14 8.11 -1.19 30 22 19 49 106 64 51
Operating Cash Flow to CapEx		 1,377.41% 443.69% 560.01% 7,317.43% 6,972.62% 8,298.92% 2,818.62% 7,469.23% 5,045.93% 5,443.72%
Free Cash Flow to Firm to Interest Expense		 -0.79 0.31 -0.03 0.46 0.21 0.38 1.53 1.19 0.16 0.10
Operating Cash Flow to Interest Expense		 4.31 3.82 3.35 2.63 1.59 3.75 8.37 3.08 0.49 0.51
Operating Cash Flow Less CapEx to Interest Expense		 4.00 2.96 2.75 2.60 1.57 3.71 8.08 3.04 0.48 0.50
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 12.91 6.83 4.93 4.83 5.45 6.61 7.25 8.39 7.41 8.13
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 505 578 672 780 907 1,058 1,217 1,363 1,505 1,682
Invested Capital Turnover		 0.38 0.38 0.39 0.39 0.37 0.37 0.37 0.39 0.31 0.30
Increase / (Decrease) in Invested Capital		 78 73 94 107 128 150 159 146 143 176
Enterprise Value (EV)		 792 1,032 1,564 929 1,306 -89 253 2,843 1,490 2,282
Market Capitalization		 1,093 1,761 1,976 1,546 1,872 2,057 4,410 3,602 3,566 4,604
Book Value per Share		 $17.32 $19.86 $11.46 $13.41 $15.71 $18.41 $21.24 $23.88 $26.45 $29.63
Tangible Book Value per Share		 $16.73 $19.29 $11.18 $13.14 $15.45 $18.15 $20.99 $23.63 $26.20 $29.38
Total Capital		 505 578 672 780 907 1,058 1,217 1,363 1,505 1,682
Total Debt		 56 55 65 65 65 65 65 65 65 65
Total Long-Term Debt		 56 55 65 0.00 0.00 0.00 0.00 0.00 0.00 65
Net Debt		 -302 -730 -413 -617 -566 -2,147 -4,157 -759 -2,077 -2,323
Capital Expenditures (CapEx)		 5.54 22 21 2.30 2.36 2.31 9.45 3.65 3.91 4.65
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 56 55 65 65 65 65 65 65 65 65
Total Depreciation and Amortization (D&A)		 7.31 7.26 6.86 6.49 7.05 9.71 19 6.70 19 4.59
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.23 $1.55 $1.76 $2.57 $0.00 $3.15 $3.83 $4.63 $3.80 $4.17
Adjusted Weighted Average Basic Shares Outstanding		 52.29M 52.76M 53.08M 53.48M 0.00 54.09M 54.27M 54.40M 54.49M 54.58M
Adjusted Diluted Earnings per Share		 $1.20 $1.52 $1.72 $2.53 $0.00 $3.13 $3.82 $4.61 $3.79 $4.16
Adjusted Weighted Average Diluted Shares Outstanding		 52.29M 52.76M 53.08M 53.48M 0.00 54.09M 54.27M 54.40M 54.49M 54.58M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 52.29M 52.76M 53.08M 53.48M 0.00 54.09M 54.27M 54.40M 54.49M 54.58M
Normalized Net Operating Profit after Tax (NOPAT)		 65 81 93 137 149 170 208 252 207 227
Normalized NOPAT Margin		 36.99% 39.92% 38.03% 48.54% 47.89% 46.06% 49.70% 49.88% 46.87% 47.17%
Pre Tax Income Margin		 50.61% 54.29% 56.11% 59.85% 59.96% 58.18% 60.62% 61.24% 55.42% 57.91%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 5.03 4.29 3.89 2.64 1.81 4.20 7.97 3.49 0.61 0.56
NOPAT to Interest Expense		 3.59 3.16 2.63 2.14 1.45 3.33 6.53 2.84 0.51 0.46
EBIT Less CapEx to Interest Expense		 4.71 3.43 3.29 2.60 1.79 4.16 7.67 3.45 0.60 0.55
NOPAT Less CapEx to Interest Expense		 3.28 2.30 2.04 2.11 1.42 3.28 6.24 2.80 0.50 0.45
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 9.70% 9.70% 10.85% 14.79% 16.16% 16.69% 15.68% 14.92% 22.13% 28.81%
Augmented Payout Ratio		 9.70% 9.70% 10.85% 14.79% 16.16% 16.69% 15.68% 14.92% 22.13% 28.81%

Quarterly Metrics And Ratios for ServisFirst Bancshares

This table displays calculated financial ratios and metrics derived from ServisFirst Bancshares' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 29.72% 131.41% 0.84% -12.74% -20.33% -15.68% -2.89% 4.49% 14.69% 21.00% 18.34%
EBITDA Growth		 6.66% 113.20% -2.16% -7.47% -28.02% -26.61% -10.54% -10.55% 43.22% 17.52% 35.22%
EBIT Growth		 20.41% 138.50% -0.46% -15.46% -19.70% -43.86% -14.31% 2.91% 16.95% 68.07% 30.44%
NOPAT Growth		 21.97% 124.91% 0.62% -13.95% -16.70% -37.87% -13.71% -2.49% 12.31% 54.90% 26.38%
Net Income Growth		 21.97% 124.91% 0.62% -13.95% -16.70% -37.87% -13.71% -2.49% 12.31% 54.90% 26.38%
EPS Growth		 21.88% 121.43% 0.00% -14.04% -16.24% -37.90% -13.21% -3.06% 12.24% 54.55% 26.09%
Operating Cash Flow Growth		 1.95% 12.43% -20.38% -32.41% -82.01% 19.94% -3.04% 25.84% 560.61% -26.26% -10.32%
Free Cash Flow Firm Growth		 670.20% 39.40% -204.01% -202.69% -203.02% -28.48% 93.65% 93.09% 92.29% -10.71% -51.61%
Invested Capital Growth		 0.00% 11.99% 0.00% 0.00% 0.00% 10.46% 9.65% 10.30% 11.52% 11.72% 12.52%
Revenue Q/Q Growth		 7.53% -4.44% -11.39% -4.18% -1.82% 1.14% 2.06% 3.11% 7.76% 6.71% -0.11%
EBITDA Q/Q Growth		 0.18% 8.78% -25.82% 0.64% -22.06% 10.91% 64.50% 0.63% 24.78% -8.99% 13.11%
EBIT Q/Q Growth		 0.68% 9.15% -15.88% -8.55% -4.37% -23.69% 28.40% 9.83% 8.69% 9.66% -0.35%
NOPAT Q/Q Growth		 3.05% 5.77% -14.40% -7.77% -0.24% -21.12% 18.90% 4.22% 14.91% 8.79% -2.99%
Net Income Q/Q Growth		 3.05% 5.77% -14.40% -7.77% -0.24% -21.12% 18.90% 4.22% 14.91% 8.79% -2.99%
EPS Q/Q Growth		 2.63% 5.98% -14.52% -7.55% 0.00% -21.43% 19.48% 3.26% 15.79% 8.18% -2.52%
Operating Cash Flow Q/Q Growth		 24.59% 7.44% -27.38% -30.47% -66.83% 616.13% -41.29% -9.77% 74.14% -20.06% -28.61%
Free Cash Flow Firm Q/Q Growth		 2.43% -105.70% -1,623.35% -2.04% -2.77% 92.89% 14.87% -11.06% -14.74% -2.05% -16.59%
Invested Capital Q/Q Growth		 0.00% 0.00% 3.13% 1.63% 2.66% 2.66% 2.37% 2.24% 3.79% 2.84% 3.10%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 57.93% 65.94% 62.78% 65.94% 52.34% 57.40% 57.84% 56.45% 65.37% 55.75% 63.12%
EBIT Margin		 56.94% 65.04% 61.73% 58.92% 57.39% 43.30% 54.48% 58.03% 58.53% 60.14% 60.00%
Profit (Net Income) Margin		 47.31% 52.36% 50.58% 48.68% 49.47% 38.58% 44.94% 45.43% 48.44% 49.38% 47.96%
Tax Burden Percent		 83.08% 80.51% 81.93% 82.62% 86.19% 89.09% 82.50% 78.29% 82.77% 82.11% 79.94%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 16.92% 19.49% 18.07% 17.38% 13.81% 10.91% 17.50% 21.71% 17.23% 17.89% 20.06%
Return on Invested Capital (ROIC)		 0.00% 20.47% 36.37% 33.35% 31.15% 11.87% 13.37% 13.40% 14.33% 14.93% 14.71%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 20.47% 36.37% 33.35% 31.15% 11.87% 13.37% 13.40% 14.33% 14.93% 14.71%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 1.08% 1.78% 1.58% 1.44% 0.56% 0.62% 0.60% 0.62% 0.63% 0.61%
Return on Equity (ROE)		 0.00% 21.55% 38.14% 34.93% 32.59% 12.44% 13.98% 14.00% 14.96% 15.56% 15.31%
Cash Return on Invested Capital (CROIC)		 0.00% 8.19% -164.15% -165.94% -168.28% 4.49% 4.30% 3.36% 2.27% 3.19% 2.91%
Operating Return on Assets (OROA)		 0.00% 2.18% 2.14% 1.91% 1.65% 1.24% 1.58% 1.65% 1.65% 1.73% 1.75%
Return on Assets (ROA)		 0.00% 1.76% 1.75% 1.58% 1.42% 1.11% 1.30% 1.29% 1.37% 1.42% 1.40%
Return on Common Equity (ROCE)		 0.00% 21.54% 38.13% 34.92% 32.58% 12.43% 13.98% 14.00% 14.95% 15.56% 15.31%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 18.81% 17.84% 16.60% 0.00% 13.48% 13.08% 13.00% 0.00% 14.41%
Net Operating Profit after Tax (NOPAT)		 64 68 58 53 53 42 50 52 60 65 63
NOPAT Margin		 47.31% 52.36% 50.58% 48.68% 49.47% 38.58% 44.94% 45.43% 48.44% 49.38% 47.96%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 22.19% 23.71% 25.99% 25.87% 28.01% 31.84% 30.28% 30.71% 29.83% 27.41% 26.05%
Operating Expenses to Revenue		 31.54% 29.45% 34.60% 35.02% 38.64% 53.42% 41.60% 37.31% 36.90% 35.15% 34.97%
Earnings before Interest and Taxes (EBIT)		 77 84 71 65 62 47 61 67 72 79 79
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 78 85 72 72 56 63 64 65 81 74 83
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 2.78 2.16 1.60 1.99 2.48 2.44 2.27 2.78 2.85 2.69
Price to Tangible Book Value (P/TBV)		 0.00 2.81 2.18 1.62 2.01 2.50 2.46 2.29 2.81 2.87 2.71
Price to Revenue (P/Rev)		 9.74 7.14 5.73 4.46 6.04 8.08 8.22 7.74 9.53 9.56 8.94
Price to Earnings (P/E)		 19.62 14.32 11.50 8.96 12.00 17.24 18.10 17.36 21.42 20.27 18.68
Dividend Yield		 1.19% 1.46% 1.92% 2.66% 2.18% 1.74% 1.76% 1.84% 1.47% 1.42% 1.50%
Earnings Yield		 5.10% 6.98% 8.69% 11.16% 8.33% 5.80% 5.53% 5.76% 4.67% 4.93% 5.35%
Enterprise Value to Invested Capital (EV/IC)		 0.00 2.09 1.49 0.88 0.53 0.99 1.43 1.40 1.63 1.36 0.69
Enterprise Value to Revenue (EV/Rev)		 0.00 5.64 4.14 2.58 1.69 3.38 5.03 4.98 5.81 4.74 2.38
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 9.01 6.42 3.94 2.62 5.66 9.12 9.43 10.32 8.05 3.91
Enterprise Value to EBIT (EV/EBIT)		 0.00 9.21 6.78 4.25 2.77 6.09 9.39 9.33 10.79 8.18 4.01
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 11.31 8.30 5.18 3.36 7.20 11.07 11.16 13.05 10.04 4.96
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 10.43 8.09 5.25 4.28 7.55 11.26 10.73 9.62 9.02 4.82
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 26.92 0.00 0.00 0.00 23.16 34.75 43.70 75.54 44.86 25.09
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.05 0.05 0.05 0.05 0.04 0.04 0.04 0.04 0.04 0.04
Long-Term Debt to Equity		 0.00 0.00 0.00 0.05 0.05 0.00 0.04 0.00 0.00 0.04 0.00
Financial Leverage		 0.00 0.05 0.05 0.05 0.05 0.05 0.05 0.05 0.04 0.04 0.04
Leverage Ratio		 0.00 12.26 10.87 11.05 11.45 11.22 10.76 10.83 10.93 10.95 10.93
Compound Leverage Factor		 0.00 12.26 10.87 11.05 11.45 11.22 10.76 10.83 10.93 10.95 10.93
Debt to Total Capital		 0.00% 4.75% 4.66% 4.53% 4.42% 4.30% 4.20% 4.11% 3.96% 3.85% 3.73%
Short-Term Debt to Total Capital		 0.00% 4.75% 4.66% 0.00% 0.00% 4.30% 0.00% 4.11% 3.96% 0.00% 3.73%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 4.53% 4.42% 0.00% 4.20% 0.00% 0.00% 3.85% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.04% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
Common Equity to Total Capital		 0.00% 95.21% 95.31% 95.43% 95.55% 95.67% 95.77% 95.86% 96.01% 96.12% 96.24%
Debt to EBITDA		 0.00 0.21 0.20 0.20 0.22 0.25 0.27 0.28 0.25 0.23 0.21
Net Debt to EBITDA		 0.00 -2.41 -2.47 -2.88 -6.75 -7.88 -5.79 -5.23 -6.61 -8.19 -10.80
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.20 0.22 0.00 0.27 0.00 0.00 0.23 0.00
Debt to NOPAT		 0.00 0.26 0.26 0.27 0.28 0.31 0.33 0.33 0.32 0.28 0.27
Net Debt to NOPAT		 0.00 -3.02 -3.20 -3.78 -8.65 -10.04 -7.03 -6.19 -8.36 -10.22 -13.71
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.27 0.28 0.00 0.33 0.00 0.00 0.28 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,371 -78 -1,347 -1,375 -1,413 -100 -86 -95 -109 -111 -130
Operating Cash Flow to CapEx		 10,791.76% 4,428.11% 4,197.03% 6,057.50% 1,324.90% 9,081.16% 4,965.00% 4,648.46% 2,344.39% 0.00% 3,264.40%
Free Cash Flow to Firm to Interest Expense		 59.93 -1.63 -18.45 -15.55 -12.45 -0.79 -0.69 -0.78 -0.82 -0.92 -1.10
Operating Cash Flow to Interest Expense		 3.09 1.59 0.76 0.43 0.11 0.72 0.43 0.40 0.63 0.56 0.41
Operating Cash Flow Less CapEx to Interest Expense		 3.06 1.55 0.74 0.43 0.10 0.71 0.42 0.39 0.61 0.57 0.40
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03
Fixed Asset Turnover		 0.00 8.39 8.41 8.20 7.76 7.41 7.34 7.45 7.59 8.13 8.46
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 0.00 1,363 1,405 1,428 1,466 1,505 1,541 1,575 1,635 1,682 1,734
Invested Capital Turnover		 0.00 0.39 0.72 0.69 0.63 0.31 0.30 0.30 0.30 0.30 0.31
Increase / (Decrease) in Invested Capital		 -1,307 146 1,405 1,428 1,466 143 136 147 169 176 193
Enterprise Value (EV)		 0.00 2,843 2,091 1,260 780 1,490 2,202 2,205 2,664 2,282 1,194
Market Capitalization		 4,196 3,602 2,896 2,179 2,790 3,566 3,599 3,428 4,371 4,604 4,490
Book Value per Share		 $0.00 $23.88 $24.62 $25.11 $25.74 $26.45 $27.08 $27.70 $28.79 $29.63 $30.57
Tangible Book Value per Share		 $0.00 $23.63 $24.37 $24.86 $25.49 $26.20 $26.83 $27.45 $28.54 $29.38 $30.32
Total Capital		 0.00 1,363 1,405 1,428 1,466 1,505 1,541 1,575 1,635 1,682 1,734
Total Debt		 0.00 65 65 65 65 65 65 65 65 65 65
Total Long-Term Debt		 0.00 0.00 0.00 65 65 0.00 65 0.00 0.00 65 0.00
Net Debt		 0.00 -759 -806 -920 -2,011 -2,077 -1,397 -1,223 -1,707 -2,323 -3,297
Capital Expenditures (CapEx)		 0.66 1.72 1.31 0.63 0.96 1.00 1.08 1.04 3.58 -1.05 1.47
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.00 65 65 65 65 65 65 65 65 65 65
Total Depreciation and Amortization (D&A)		 1.35 1.17 1.20 7.71 -5.45 15 3.74 -1.81 8.46 -5.80 4.12
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $1.25 $1.07 $0.98 $0.98 $0.77 $0.92 $0.96 $1.10 $1.19 $1.16
Adjusted Weighted Average Basic Shares Outstanding		 0.00 54.40M 54.28M 54.42M 54.44M 54.49M 54.51M 54.53M 54.55M 54.58M 54.61M
Adjusted Diluted Earnings per Share		 $0.00 $1.24 $1.06 $0.98 $0.98 $0.77 $0.92 $0.95 $1.10 $1.19 $1.16
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 54.40M 54.28M 54.42M 54.44M 54.49M 54.51M 54.53M 54.55M 54.58M 54.61M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 54.40M 54.28M 54.42M 54.44M 54.49M 54.51M 54.53M 54.55M 54.58M 54.61M
Normalized Net Operating Profit after Tax (NOPAT)		 64 68 58 53 53 42 50 52 60 65 63
Normalized NOPAT Margin		 47.31% 52.36% 50.58% 48.68% 49.47% 38.58% 44.94% 45.43% 48.44% 49.38% 47.96%
Pre Tax Income Margin		 56.94% 65.04% 61.73% 58.92% 57.39% 43.30% 54.48% 58.03% 58.53% 60.14% 60.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 3.37 1.76 0.97 0.73 0.55 0.37 0.49 0.55 0.54 0.66 0.67
NOPAT to Interest Expense		 2.80 1.41 0.79 0.60 0.47 0.33 0.40 0.43 0.45 0.54 0.54
EBIT Less CapEx to Interest Expense		 3.34 1.72 0.95 0.72 0.54 0.36 0.48 0.54 0.52 0.67 0.66
NOPAT Less CapEx to Interest Expense		 2.77 1.38 0.78 0.60 0.46 0.32 0.39 0.42 0.42 0.55 0.53
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 15.23% 14.92% 15.99% 17.69% 18.55% 22.13% 23.58% 24.30% 31.52% 28.81% 28.04%
Augmented Payout Ratio		 15.23% 14.92% 15.99% 17.69% 18.55% 22.13% 23.58% 24.30% 31.52% 28.81% 28.04%

Key Financial Trends

ServisFirst Bancshares (NYSE: SFBS) has demonstrated a generally stable and growing financial profile over the last four years through Q1 2025, based on its income statements, cash flow statements, and balance sheets.

Positive Highlights:

  • Consistent growth in net interest income: From $108.3M in Q1 2023 to $123.6M in Q1 2025, indicating effective interest income generation from loans and other earning assets.
  • Steady increase in total assets: From approximately $14.57 billion in Q1 2023 to $18.64 billion in Q1 2025, signaling expansion in the company's asset base.
  • Robust loan portfolio growth: Net loans and leases increased from about $11.72 billion in Q1 2023 to $12.72 billion in Q1 2025, showing demand for loans is rising.
  • Growing deposits to fund growth: Total deposits (interest bearing + non-interest bearing) increased significantly from Q1 2023 through Q1 2025, with interest bearing deposits rising from approximately $8.72 billion to $11.78 billion, providing strong funding.
  • Increasing net income: Net income rose from $57.97M in Q1 2023 to $63.22M in Q1 2025, reflecting profitability enhancements despite rising expenses.
  • Strong operating cash flow: Net cash from operating activities was positive in all recent quarters, with $47.95M in Q1 2025, supporting ongoing operations and investment.
  • Capital position strengthening: Total common equity has grown from around $1.34 billion in Q1 2023 to $1.67 billion in Q1 2025, helping maintain a solid capital buffer.
  • Increasing earnings per share: Basic and diluted EPS increased from around $1.07-$1.06 in Q1 2023 to $1.16 in Q1 2025, indicating earnings growth per shareholder unit.
  • Consistent dividend payments: Quarterly dividends per share have increased modestly from $0.28 in Q1 2023 to $0.34 in Q1 2025, supporting shareholder returns.

Neutral Factors:

  • Provision for credit losses has varied between roughly $4.2M and $6.6M, reflecting ongoing credit risk assessments but without a clear rising or falling trend.
  • Other non-interest income fluctuates, occasionally negative (such as -$7.9M in Q4 2023), which may result from realized losses or adjustments but is a relatively small component of total revenue.
  • Amortization and depreciation expenses varied quarter to quarter but remain a moderate portion of operating expenses.
  • Cash paid for interest and taxes fluctuated but generally tracked with income trends.

Negative Considerations:

  • Non-interest expense has trended higher, with Q1 2025 expenses at $46.1M, up slightly from prior quarters, driven by rising salaries and operating costs, which may pressure future margins.
  • Investment securities purchases outpaced sales/maturities significantly, particularly in recent quarters, suggesting heavy deployment of cash into investments, which could affect liquidity if market conditions worsen.
  • Long-term debt interest expense has risen slightly, indicating increasing financing costs that could burden net interest margin.
  • Allowance for loan and lease losses has increased modestly, signaling cautiousness about credit quality.

Summary:

ServisFirst Bancshares has shown solid growth in loans, deposits, and earnings, underpinned by expanding net interest income and a sound capital base. While operating costs and investment activities have increased, these are consistent with growth and portfolio management. The company’s ability to sustain rising loan demand and deposit growth, alongside prudent credit loss provisioning, will be key to maintaining momentum. Investors may view SFBS as a fundamentally stable regional bank with moderate growth prospects and reasonable risk management based on recent trends.

08/29/25 04:00 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About ServisFirst Bancshares' Financials

When does ServisFirst Bancshares' fiscal year end?

According to the most recent income statement we have on file, ServisFirst Bancshares' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has ServisFirst Bancshares' net income changed over the last 9 years?

ServisFirst Bancshares' net income appears to be on an upward trend, with a most recent value of $227.24 million in 2024, rising from $63.54 million in 2015. The previous period was $206.85 million in 2023. View ServisFirst Bancshares' forecast to see where analysts expect ServisFirst Bancshares to go next.

How has ServisFirst Bancshares' revenue changed over the last 9 years?

Over the last 9 years, ServisFirst Bancshares' total revenue changed from $175.85 million in 2015 to $481.72 million in 2024, a change of 173.9%.

How much debt does ServisFirst Bancshares have?

ServisFirst Bancshares' total liabilities were at $15.73 billion at the end of 2024, a 7.1% increase from 2023, and a 238.6% increase since 2015.

How much cash does ServisFirst Bancshares have?

In the past 9 years, ServisFirst Bancshares' cash and equivalents has ranged from $46.61 million in 2015 to $123.43 million in 2023, and is currently $116.39 million as of their latest financial filing in 2024.

How has ServisFirst Bancshares' book value per share changed over the last 9 years?

Over the last 9 years, ServisFirst Bancshares' book value per share changed from 17.32 in 2015 to 29.63 in 2024, a change of 71.0%.


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This page (NYSE:SFBS) was last updated on 8/29/2025 by MarketBeat.com Staff
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