ServisFirst Bancshares Inc

Latest Results (20.11.2025):

ServisFirst Bancshares, Inc. — Third Quarter 2025: The company reported net income of $65.6 million and diluted EPS of $1.20 for Q3 2025 (adjusted diluted EPS $1.30, +18.2% YoY). Results reflect expanding net interest margin, continued loan and deposit growth, strong book value gains, and solid capital and liquidity positions, while credit metrics showed a rise in non-performing assets tied to a single large real‑estate relationship.

Profitability

Net income was $65.6M in Q3 2025 (vs. $61.4M in Q2 2025 and $59.9M in Q3 2024). Diluted EPS was $1.20; adjusted diluted EPS was $1.30 (+18.2% YoY). Return on average common equity was 14.88% (adjusted ROAE 16.21%).

Net Interest & Yields

Net interest income was $133.4M and net interest margin was 3.09% (up 25 bps YoY; ~10 bps negatively impacted by one non‑accrual relationship). Loan yield was 6.34%; investment yield 3.60%; adjusted cost of interest‑bearing deposits was flat q/q at 3.41%.

Balance Sheet Growth

Total assets $17.58B. Ending loans $13.31B (up $973.7M, +7.9% YoY). Ending deposits $14.11B (up $960.4M, +7.3% YoY and +7.1% annualized q/q).

Capital & Book Value

Book value per share $32.62 (+13.3% YoY). Consolidated CET1 to risk‑weighted assets rose to 11.49% from 11.25% YoY. Stockholders’ equity was $1.782B.

Liquidity & Funding

Liquidity strong with $1.77B in cash and cash equivalents (10.1% of assets). No FHLB advances or brokered deposits reported.

Credit Quality

Non‑performing assets to total assets increased to 0.96% (0.25% in Q3 2024), driven by one large real‑estate secured relationship. Annualized net charge‑offs were 0.27%; $3.0M charged off on loans not previously impaired in the quarter.

Other items

Sold $83.4M of low‑yielding bonds at a loss in Q3 2025 and reinvested proceeds into higher‑yield securities. Management highlighted broad regional profitability and continued NIM expansion and pricing discipline.