SFBS

Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at ServisFirst Bancshares (NYSE:SFBS) and its peers. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 94 regional banks stocks we track reported a mixed Q2. As a group, revenues were in line with analysts’ consensus estimates. While some regional banks stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.4% since the latest earnings results. Founded in 2005 with a focus on serving underserved mid-sized businesses, ServisFirst Bancshares (NYSE:SFBS) is a bank holding company that provides commercial banking services to businesses and professionals through its subsidiary ServisFirst Bank. ServisFirst Bancshares reported revenues of $168.5 million, up 20.9% year on year. This print was in line with analysts’ expectations, but overall, it was a slower quarter for the company with EPS in line with analysts’ estimates and a slight miss of analysts’ net interest income estimates. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $43.15. Is now the time to buy ServisFirst Bancshares? Access our full analysis of the earnings results here, it’s free. Originally founded in 1964 as a federal savings and loan institution, OFG Bancorp (NYSE:OFG) provides banking and financial services including commercial and consumer lending, wealth management, insurance, and trust services primarily in Puerto Rico and the U.S. Virgin Islands. OFG Bancorp reported revenues of $190.3 million, up 4.4% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS and net interest income estimates. The market seems content with the results as the stock is up 4.2% since reporting. It currently trades at $52.08. Is now the time to buy OFG Bancorp? Access our full analysis of the earnings results here, it’s free. Originally established in 1941 and now operating with a tech-forward approach that includes its SmartStreet platform for homeowner associations, Banc of California (NYSE:BANC) is a California-based bank holding company that provides banking services to small and middle-market businesses, entrepreneurs, and individuals. Banc of California reported revenues of $285.7 million, up 4.7% year on year, falling short of analysts’ expectations by 3.1%. It was a disappointing quarter as it posted a significant miss of analysts’ tangible book value per share and net interest income estimates. As expected, the stock is down 12.5% since the results and currently trades at $18.53. Read our full analysis of Banc of California’s results here. With roots dating back to 1890 and a network spanning over 70 locations across the Lone Star State, First Financial Bankshares (NASDAQ:FFIN) is a Texas-focused regional bank providing commercial banking, trust services, and wealth management across numerous communities throughout the state. First Financial Bankshares reported revenues of $176.6 million, up 10.7% year on year. This result surpassed analysts’ expectations by 1.5%. Zooming out, it was a slower quarter as it produced a miss of analysts’ net interest income estimates and EPS in line with analysts’ estimates. The stock is down 4.6% since reporting and currently trades at $33.71. Read our full, actionable report on First Financial Bankshares here, it’s free. With roots dating back to 1974 and a focus on serving small and medium-sized businesses, CVB Financial (NASDAQ:CVBF) operates Citizens Business Bank, providing banking, lending, and trust services to businesses and individuals across California. CVB Financial reported revenues of $179.9 million, up 41.8% year on year. This print came in 2.5% below analysts’ expectations. Overall, it was a softer quarter as it also produced a significant miss of analysts’ net interest income estimates and a narrow beat of analysts’ EPS estimates. The stock is flat since reporting and currently trades at $22.27. Read our full, actionable report on CVB Financial here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

ServisFirst Bancshares, Inc. has reported its second-quarter 2026 results, with net interest income rising to US$155.64 million and net income to US$85.79 million, lifting diluted earnings per share from continuing operations to US$1.57 from US$1.12 a year earlier. Across the first half of 2026, the bank’s higher net interest income and earnings, supported by expanding net interest margin and reduced nonperforming assets, point to stronger core banking performance and operational efficiency. With ServisFirst posting higher net interest income and accelerating loan growth, we’ll now examine how this quarterly performance reshapes its investment narrative. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 16 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. To own ServisFirst Bancshares, you need to believe its core commercial banking model can keep converting disciplined loan growth and a lean cost base into solid net interest income and earnings. The latest quarter supports that view, with rising net interest margin and lower nonperforming assets reinforcing the near term catalyst around loan-driven revenue, while the biggest watchpoint remains whether funding costs and deposit growth stay manageable; this update does not materially change that risk balance. The Q2 2026 earnings release is central here, as it pairs over 15% annualized loan growth with a net interest margin of 3.63% and an efficiency ratio under 30%, showing how ServisFirst is currently executing on its core earnings engine. At the same time, the commentary about focusing on deposit growth in the second half keeps attention on funding pressures as the key counterweight to the loan and margin story. Yet investors should be aware that funding pressure, especially around pricing-dependent deposit growth, could still... Read the full narrative on ServisFirst Bancshares (it's free!) ServisFirst Bancshares' narrative projects $972.4 million revenue and $481.9 million earnings by 2029. This requires 21.0% yearly revenue growth and about a $185.6 million earnings increase from $296.3 million today. Uncover how ServisFirst Bancshares' forecasts yield a $94.33 fair value, a 7% upside to its current price. Two fair value estimates from the Simply Wall St Community cluster between US$94.33 and US$132.12, underlining how far apart individual views can be. Set that against ServisFirst’s recent loan growth and expanding net interest margin, and you can see why it helps to weigh several perspectives on how sustainable this earnings profile really is. Explore 2 other fair value estimates on ServisFirst Bancshares - why the stock might be worth just $94.33! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your ServisFirst Bancshares research is our analysis highlighting 4 key rewards that could impact your investment decision. Our free ServisFirst Bancshares research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate ServisFirst Bancshares' overall financial health at a glance. The market won't wait. These fast-moving stocks are hot now. Grab the list before they run: The future of work is here. Discover the 32 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. Invest in the nuclear renaissance through our list of 90 elite nuclear energy infrastructure plays powering the global AI revolution. Uncover the next big thing with 21 elite penny stocks that balance risk and reward. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SFBS. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

This article first appeared on GuruFocus. Net Income: $85.8 million or $1.57 per diluted share for Q2 2026, up 3.4% from Q1 and 40% year over year. Net Interest Income: $155.6 million, up from $148.1 million in Q1 and $131.7 million a year ago. Net Interest Margin: Expanded to 3.63%, up 10 basis points from Q1 and 53 basis points year over year. Loan Growth: $14.48 billion, up $533 million from Q1, or 15.3% annualized. Deposit Growth: $14.55 billion, up $62 million from Q1 and 5% year over year. Noninterest Income: $12.9 million, up from $10.8 million in Q1 and 43.5% year over year. Noninterest Expense: $50 million, up 5.4% from Q1 and 13% year over year. Efficiency Ratio: 29.65%, improved from 33.46% a year ago. Return on Average Assets: 1.91%, up from 1.89% in Q1 and 1.40% a year ago. Return on Average Common Equity: 17.71%, compared to 17.91% in Q1 and 15.68% a year ago. Allowance for Loan Losses: 1.26% of total loans, stable from 1.25% in Q1. Capital Ratios: Common equity Tier 1 capital to risk-weighted assets at 11.83%. Book Value Per Share: $36.19, up from $34.99 in Q1 and nearly 15% from $31.52 a year ago. Warning! GuruFocus has detected 1 Warning Sign with SFBS. Is SFBS fairly valued? Test your thesis with our free DCF calculator. Release Date: July 20, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Servisfirst Bancshares Inc (NYSE:SFBS) reported a strong annualized loan growth of over 15%, with significant contributions from Florida and Tennessee regions. The company's loan pipeline reached record levels, indicating robust future loan demand. Non-interest bearing deposits grew 20% annualized in the quarter, showcasing effective treasury management services. Net interest margin expanded to 3.63%, reflecting improved loan yields and disciplined deposit pricing. The company maintained a low efficiency ratio below 30% for the third consecutive quarter, indicating strong expense management. Deposit growth was constrained due to large income tax payments by clients, impacting overall funding. The commercial real estate concentration ratio increased slightly above 300%, which could pose risks if not managed carefully. The Houston market expansion is currently a drag on the efficiency ratio due to slower ramp-up of loans and deposits. The company faces challenges in maintaining sub-30% efficiency ratio as expansion continues. There is uncertainty regarding future interest rate movements, which could impact net interest income. Q: Can you provide insight into the hiring pipeline and potential banker hires for the second half of the year? A: Thomas Broughton, CEO, mentioned that while they are in constant talks with potential hires, especially in Texas due to ongoing mergers, there is no specific forecast for new hires. The market is active, and they remain optimistic about future opportunities. Q: How would you characterize the current loan demand environment? A: Thomas Broughton, CEO, described the loan demand as strong and broad-based, giving it an "A" rating. The demand is granular and spread across almost every region, with Florida showing particularly strong performance despite higher payoffs. Q: Are you comfortable with the current commercial real estate concentration ratio, which has ticked above 300%? A: David Sparacio, CFO, confirmed comfort with the current ratio, noting that there is ample headroom before reaching concerning levels. The growth in CRE was broad-based, and they remain vigilant in managing concentration levels. Q: With the net interest margin (NIM) expansion, should we expect continued growth from the current 3.63% level? A: David Sparacio, CFO, indicated that future NIM expansion should be considered from an adjusted rate of 3.58%. While expansion is expected to continue, the pace may slow as the gap between current and going-on rates narrows. Q: How do you plan to manage funding for loan growth, and could this impact deposit costs? A: Thomas Broughton, CEO, emphasized the importance of needing deposits to support loan demand. They expect typical second-half deposit growth and are confident in their ability to generate necessary deposits without undue pressure on costs. Q: What is the status of the large nonaccrual loan relationship? A: Thomas Broughton, CEO, stated that the properties involved are being listed for sale, and they are confident in the reserves set aside for this relationship. Q: How are you managing the interest rate risk profile given potential Fed rate changes? A: David Sparacio, CFO, explained that they are slightly liability sensitive but overall neutral. They have modeled scenarios for both rate increases and decreases, showing minimal impact on net interest income. Q: Can you provide an update on the Houston expansion and its financial impact? A: Thomas Broughton, CEO, reported that Houston funded approximately $50 million in loans and $25-30 million in deposits during the quarter. The expansion is progressing, and they expect continued growth in both loans and deposits. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

BIRMINGHAM, Ala., July 20, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended June 30, 2026. Second Quarter 2026 Highlights: Diluted earnings per share of $1.57 for the quarter, up 40% from the second quarter of 2025, and up 30% from adjusted diluted earnings per share in the second quarter of 2025*. Loans grew $533 million, or 15% annualized, during the quarter. Net interest margin of 3.63%, up 10 basis points from the first quarter of 2026 and up 53 basis points from the second quarter of 2025. Book value per share of $36.19, up 14.8% year-over-year. Efficiency ratio under 30%, down from 33% in the second quarter of 2025. Adjusted return on average common stockholders’ equity* increased from 15.68% to 17.71% year-over-year. Cost of interest-bearing deposits of 2.80%, down 53 basis points from the second quarter of 2025. Deposits grew $686 million, or 5%, from the second quarter of 2025. Liquidity remains strong with $1.46 billion in cash and cash equivalents, equaling 8% of our total assets, and no FHLB advances or brokered deposits. Consolidated common equity tier 1 capital to risk-weighted assets increased from 11.38% in the second quarter of 2025 to 11.83% in the second quarter of 2026. Tom Broughton, Chairman, President, and CEO, said, “We were pleased with the strong loan growth in the quarter and the positive momentum in virtually all our markets for growth with our loan pipeline at record levels.” David Sparacio, CFO, said, “Net Income growth of 30% year-over-year, while maintaining an efficiency ratio below 30%, along with continued improvement in our net interest margin resulted in superior performance, as we have historically delivered.” * This press release includes certain non-GAAP financial measures: adjusted net income, adjusted net income available to common stockholders, adjusted diluted earnings per share, adjusted return on average assets, adjusted return on average common stockholders’ equity, adjusted efficiency ratio, tangible common stockholders' equity, total tangible assets, tangible book value per share, tangible common equity to total tangible assets, adjusted net interest income, adjusted non-interest income, and adjusted non-interest expense. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.” DETAILED FINANCIALS ServisFirst Bancshares, Inc. reported net income and net income available to common stockholders of $85.8 million for the quarter ended June 30, 2026, compared to $61.4 million for the second quarter of 2025. Basic and diluted earnings per common share were both $1.57 in the second quarter of 2026, compared to $1.52 in the first quarter of 2026 and $1.12 in the second quarter of 2025. The prior-year quarter adjusted diluted earnings per share was $1.21. Annualized return on average assets was 1.91% and annualized return on average common stockholders’ equity was 17.71% for the second quarter of 2026, compared to 1.40% and 14.56%, respectively, for the second quarter of 2025. Net interest income was $155.6 million for the second quarter of 2026, compared to $148.1 million for the first quarter of 2026 and $131.7 million for the second quarter of 2025. The net interest margin in the second quarter of 2026 was 3.63% compared to 3.53% in the first quarter of 2026 and 3.10% in the second quarter of 2025. Loan yields were 6.23% during the second quarter of 2026 compared to 6.18% during the first quarter of 2026 and 6.37% during the second quarter of 2025. During the second quarter of 2026, we recovered $1.9 million in interest income from a large credit relationship that was previously on nonaccrual status. This recovery accounted for five basis points of the increase in loan yields from the first quarter of 2026. Investment yields were 3.81% during the second quarter of 2026 compared to 3.78% during the first quarter of 2026 and 3.37% during the second quarter of 2025. Average interest-bearing deposit rates were 2.80% during the second quarter of 2026, compared to 2.79% during the first quarter of 2026 and 3.33% during the second quarter of 2025. Average federal funds purchased rates were 3.74% during the second quarter of 2026, compared to 3.74% during the first quarter of 2026 and 4.49% during the second quarter of 2025. Average loans for the second quarter of 2026 were $14.22 billion, an increase of $440.1 million, or 12.8% annualized, from average loans of $13.78 billion for the first quarter of 2026, and an increase of $1.21 billion, or 9.3%, from average loans of $13.01 billion for the second quarter of 2025. Ending total loans for the second quarter of 2026 were $14.48 billion, an increase of $532.6 million, or 15.3% annualized, from $13.95 billion for the first quarter of 2026, and an increase of $1.25 billion, or 9.4%, from $13.23 billion for the second quarter of 2025. Average total deposits for the second quarter of 2026 were $14.32 billion, an increase of $191.8 million, or 5.4% annualized, from average total deposits of $14.13 billion for the first quarter of 2026, and an increase of $423.0 million, or 3.0%, from average total deposits of $13.90 billion for the second quarter of 2025. Ending total deposits for the second quarter of 2026 were $14.55 billion, an increase of $62.4 million, or 1.7% annualized, from $14.49 billion for the first quarter of 2026, and an increase of $686.4 million, or 5.0%, from $13.86 billion for the second quarter of 2025. Nonperforming assets to total assets were 0.96% for the second quarter of 2026, compared to 1.00% for the first quarter of 2026 and 0.42% for the second quarter of 2025. The year-over-year increase was attributable to a large real-estate secured relationship. Annualized net charge-offs to average loans were 0.11% for the second quarter of 2026, compared to 0.25% for the first quarter of 2026 and 0.20% for the second quarter of 2025. The allowance for credit losses to total loans at June 30, 2026, March 31, 2026, and June 30, 2025, was 1.26%, 1.25%, and 1.28%, respectively. We recorded an $11.7 million provision for loan losses in the second quarter of 2026 compared to $10.6 million in the first quarter of 2026, and $11.4 million in the second quarter of 2025. Non-interest income was $12.9 million for the second quarter of 2026 compared to $0.4 million in the second quarter of 2025, an increase of $12.5 million. Adjusted for $8.6 million of securities losses in the second quarter of 2025, this represented a $3.9 million, or 43.5% increase. Service charges on deposit accounts increased $667,000, or 25.0%, to $3.3 million for the second quarter of 2026 from $2.7 million in the second quarter of 2025, and were relatively flat on a linked quarter basis. We increased our service charge rates on many of our treasury management products in July of 2025. Mortgage banking revenue increased $898,000, or 67.9%, to $2.2 million for the second quarter of 2026 from $1.3 million in the second quarter of 2025, and increased $329,000, or 17.4%, on a linked quarter basis. The increase on a year-over-year basis was primarily due to an increase in loans sold into the secondary market. We also increased our per-loan administrative fee in the first quarter of 2026. Credit card income increased $373,000, or 17.6%, to $2.5 million for the second quarter of 2026 from $2.1 million in the second quarter of 2025, and increased $290,000, or 13.2%, on a linked quarter basis. Bank-owned life insurance (“BOLI”) income increased $2.0 million, or 94.4%, to $4.1 million for the second quarter of 2026 from $2.1 million in the second quarter of 2025, and increased $1.3 million, or 46.5%, on a linked quarter basis. The increases were primarily due to our purchases of $150.0 million of new contracts in the third quarter of 2025 and $25.0 million of new contracts in the second quarter of 2026. Additionally, we had a $1.0 million adjustment related to a correction of BOLI income in the fourth quarter of 2025. Other operating income decreased $37,000, or 5.0%, to $708,000 for the second quarter of 2026 from $745,000 in the second quarter of 2025, and increased $80,000, or 12.7%, on a linked quarter basis. Non-interest expense increased $5.8 million, or 13.0%, to $50.0 million for the second quarter of 2026 from $44.2 million in the second quarter of 2025, and increased $2.6 million, or 5.4%, on a linked quarter basis. Salary and benefit expense increased $3.7 million, or 16.4%, to $26.3 million for the second quarter of 2026 from $22.6 million in the second quarter of 2025, and decreased $579,000, or 2.2%, on a linked quarter basis. The year-over-year increase was primarily due to the full impact of our Houston market expansion. The number of full-time equivalent employees (excluding temporary employees) increased by 22, or 3.4%, to 663 at June 30, 2026 compared to 641 at June 30, 2025, and increased by three from the end of the first quarter of 2026. Equipment and occupancy expense increased $440,000, or 12.5%, to $4.0 million for the second quarter of 2026 from $3.5 million in the second quarter of 2025, and increased $15,000, or 0.4%, on a linked quarter basis. Third party processing and other services expense decreased $43,000, or 0.5%, to $8.0 million for the second quarter of 2026 from $8.0 million in the second quarter of 2025, and increased $437,000, or 5.8%, on a linked quarter basis. Professional services expense increased $323,000, or 17.0%, to $2.2 million for the second quarter of 2026 from $1.9 million in the second quarter of 2025, and increased $284,000, or 14.6%, on a linked quarter basis. Other operating expenses increased $1.3 million, or 23.8%, to $6.7 million for the second quarter of 2026 from $5.4 million in the second quarter of 2025, and increased $2.4 million, or 54.2%, on a linked quarter basis. The efficiency ratio was 29.65% during the second quarter of 2026 compared to 33.46% during the second quarter of 2025 and 29.80% during the first quarter of 2026. Our effective tax rate was 19.94% for the second quarter of 2026 compared to 19.82% for the second quarter of 2025, and 17.82% on a linked quarter basis. During the first quarter of 2026, we purchased Investment Tax Credits, which reduced our tax expense. We recognized a reduction in provision for income taxes resulting from excess tax benefits from the exercise and vesting of stock options and restricted stock during the second quarters of 2026 and 2025 of $36,000 and $234,000, respectively. About ServisFirst Bancshares, Inc. ServisFirst Bancshares, Inc. (the “Company”) is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank (the “Bank”), the Company provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas and Virginia. Through the Bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions. ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (“SEC”). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbancshares.com. Statements in this press release that are not historical facts, including, but not limited to, statements concerning future operations, results or performance, are hereby identified as “forward-looking statements” for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended (the “Securities Act”). The words “believe,” “expect,” “anticipate,” “project,” “plan,” “intend,” “will,” “could,” “would,” “might” and similar expressions often signify forward-looking statements. Such statements involve inherent risks and uncertainties. The Company cautions that such forward-looking statements, wherever they occur in this press release or in other statements attributable to the Company, are necessarily estimates reflecting the judgment of the Company’s senior management and involve risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Such forward-looking statements should, therefore, be considered in light of various factors that could affect the accuracy of such forward-looking statements, including, but not limited to: general economic conditions, especially in the credit markets and in the Southeast; the impact of tariffs, trade wars and other conflicts on general economic conditions; the performance of the capital markets; changes in interest rates, yield curves and interest rate spread relationships; changes in accounting and tax principles, policies or guidelines; changes in legislation or regulatory requirements; changes as a result of our reclassification as a large financial institution by the Federal Deposit Insurance Corporation ("FDIC"); changes in our loan portfolio and the deposit base; possible changes in laws and regulations and governmental monetary and fiscal policies, including, but not limited to, Federal Reserve policies in connection with continued or re-emerging inflationary pressures and the ability of the U.S. Congress to increase the U.S. statutory debt limit as needed; computer hacking or cyber-attacks resulting in unauthorized access to confidential or proprietary information; substantial, unexpected or prolonged changes in the level or cost of liquidity; the cost and other effects of legal and administrative cases and similar contingencies; possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and the value of collateral; the effect of natural disasters, such as hurricanes and tornados, in our geographic markets; and increased competition from both banks and nonbank financial institutions. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K, "Forward-Looking Statements" and "Risk Factors" in our subsequent Quarterly Reports on Form 10-Q and our other SEC filings. If one or more of the factors affecting our forward-looking information and statements proves incorrect, then our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements. Accordingly, you should not place undue reliance on any forward-looking statements, which speak only as of the date made. The Company assumes no obligation to update or revise any forward-looking statements that are made from time to time. More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbancshares.com or by calling (205) 949-0302. GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures This press release contains the non-GAAP financial measures of tangible common stockholders’ equity, total tangible assets, tangible book value per share and tangible common equity to total tangible assets, each of which excludes goodwill associated with our acquisition of Metro Bancshares, Inc. in January 2015. This press release also contains the non-GAAP financial measures of adjusted net income, adjusted net income available to common stockholders, adjusted diluted earnings per share, adjusted return on average assets, adjusted return on average common stockholders’ equity, adjusted efficiency ratio, adjusted net interest income, adjusted non-interest income, and adjusted non-interest expense. We believe these non-GAAP financial measures provide useful information to management and investors that is supplementary to our financial condition, results of operations and cash flows computed in accordance with GAAP; however, we acknowledge that these non-GAAP financial measures have limitations. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non-GAAP financial measures that other companies, including those in our industry, use. The following reconciliation table provides a more detailed analysis of the non-GAAP financial measures as of and for the comparative periods presented in this press release. Dollars are in thousands, except share and per share data. CONTACT: Contact: ServisFirst Bank Davis Mange (205) 949-3420 [email protected]

For the quarter ended June 2026, ServisFirst Bancshares (SFBS) reported revenue of $168.53 million, up 19.8% over the same period last year. EPS came in at $1.57, compared to $1.21 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $167.92 million, representing a surprise of +0.36%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.57. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how ServisFirst performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 29.7% compared to the 29.5% average estimate based on two analysts. Net charge-offs (recoveries) to total average loans: 0.1% versus 0.2% estimated by two analysts on average. Net Interest Margin: 3.6% compared to the 3.6% average estimate based on two analysts. Average Balance - Interest-earning Assets: $17.25 billion compared to the $17.47 billion average estimate based on two analysts. Credit card income: $2.49 million versus the two-analyst average estimate of $2.18 million. Net Interest Income: $155.64 million versus $156.34 million estimated by two analysts on average. Total Non-interest income: $12.89 million versus the two-analyst average estimate of $11.57 million. Increase in cash surrender value life insurance (Bank-owned life insurance income): $4.13 million compared to the $3.72 million average estimate based on two analysts. Service charges on deposit accounts: $3.34 million versus the two-analyst average estimate of $3.34 million. Mortgage banking: $2.22 million versus the two-analyst average estimate of $1.74 million. Other Operating Income: $0.71 million compared to the $0.61 million average estimate based on two analysts. View all Key Company Metrics for ServisFirst here>>> Shares of ServisFirst have returned +8.1% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ServisFirst Bancshares, Inc. (SFBS) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in ServisFirst Bancshares, Inc.? Here are five stocks we like better. Q2 earnings strengthened as ServisFirst reported net income of $85.8 million, or $1.57 per share, with first-half EPS rising to $3.09 from $2.28 a year earlier. Return on average assets improved to 1.91% and adjusted EPS was up 30% year over year. Loan growth accelerated sharply, with annualized growth above 15% and ending loans up $533 million from the prior quarter. Management said growth was broad-based across regions, and the loan pipeline reached a record level. Net interest margin and credit quality improved, with margin expanding to 3.63% and nonperforming assets falling during the quarter. Charge-offs remained modest, though management said margin expansion is likely to slow later this year. ServisFirst Bancshares (NYSE:SFBS) reported stronger second-quarter earnings as loan demand accelerated, net interest margin expanded and credit metrics improved, executives said on the company’s earnings call. Chief Financial Officer David Sparacio said the company earned net income of $85.8 million, or $1.57 per diluted share, for the second quarter of 2026. That compared with $1.52 per diluted share in the first quarter and $1.12 per diluted share in the prior-year quarter. On an adjusted basis, excluding items that affected last year’s results, diluted earnings per share increased 30% from $1.21 a year earlier, he said. → MarketBeat Week in Review – 07/13- 07/17 For the first six months of 2026, ServisFirst reported net income of $168.8 million, or $3.09 per diluted share, up from $124.6 million, or $2.28 per diluted share, in the same period last year. Return on average assets was 1.91%, compared with 1.89% in the first quarter and 1.40% a year earlier. Return on average common equity was 17.71%, compared with 17.91% in the first quarter. Chief Executive Officer Tom Broughton said the company was “generally pleased” with the quarter, citing annualized loan growth of more than 15%. He said nearly all of ServisFirst’s 13 regions or segments produced “really solid loan growth,” with the strongest growth coming from the company’s two Florida regions and Tennessee. → Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop Broughton emphasized that growth was broad-based, saying no region contributed more than 15% of total growth and almost none contributed less than 10%. He said the growth was “very granular” and not driven by several large credits. Ending loans were $14.48 billion, up $533 million from the first quarter, or 15.3% annualized, Sparacio said. Average loans increased $440 million, or 12.8% annualized, on a linked-quarter basis. Year over year, loans increased $1.25 billion, or 9.4%. → The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story Broughton said ServisFirst’s loan pipeline grew quarter over quarter and reached a record level. Projected payoffs for the current quarter were 17%, roughly in line with the prior quarter and down from about 33% over the past two years. He said payoffs appear to be returning closer to historical levels as loan demand rebuilds. During the question-and-answer session, Broughton characterized the current loan demand environment as an “A,” noting that activity was broad-based and composed of many smaller loans. However, he declined to forecast whether mid-teens loan growth would continue for the rest of the year, citing uncertainty around payoffs, interest rates and geopolitical events. Sparacio said net interest income was $155.6 million, up from $148.1 million in the first quarter and $131.7 million a year earlier. Net interest margin expanded to 3.63%, up 10 basis points from the first quarter and 53 basis points year over year. The quarter included a $1.9 million recovery of interest income related to a large credit relationship that had been on nonaccrual status and was fully paid out. Sparacio said that recovery accounted for five basis points of the improvement in loan yields and total net interest margin. On the funding side, average interest-bearing deposit costs were 2.80%, essentially flat with 2.79% in the first quarter and down 53 basis points from a year earlier. Loan yields were 6.23%, or 6.18% on a normalized basis, while investment yields were 3.81%. In response to an analyst question, Sparacio said management is looking at the adjusted margin level, including a June spot rate of 3.59%, as the starting point for further expansion. He said ServisFirst still has more than $2 billion of opportunity from scheduled loan maturities, cash flows, covenant violations and loan modifications, but added that the pace of margin expansion is likely to slow as the gap between new loan yields and total portfolio yields narrows. Sparacio said the company may see “one more quarter” of 7 to 9 basis points of margin expansion, but suggested a 4 to 6 basis point range may be more appropriate toward the end of the year. Broughton said deposit growth was constrained during the quarter by large income tax payments tied to client sales of properties and companies. Still, he said non-interest-bearing deposits grew 20% annualized in the quarter and 14% year over year, reflecting the company’s focus on treasury management services. Ending deposits were $14.55 billion, up $62 million from the first quarter and $686 million, or 5%, from a year earlier, Sparacio said. Non-interest-bearing demand deposits totaled $3 billion, up 5.6% from the first quarter and 13.8% year over year. Broughton said ServisFirst prefers to be in a position where it needs deposits to fund loan demand, rather than searching for loans to make. He added that the company typically sees stronger deposit growth in the second half of the year. Sparacio said the company’s pipeline includes both loans and deposits, with deposit opportunities emerging in Texas. ServisFirst ended the quarter with $1.46 billion in cash and cash equivalents, equal to about 8% of total assets. Sparacio said the company had no Federal Home Loan Bank advances and no brokered deposits, with funding remaining “entirely core and relationship driven.” Chief Credit Officer Jim Harper said lending momentum improved during the quarter and continued into the early third quarter. He said growth was driven by commercial real estate activity, which pushed CRE outstandings relative to capital from 298% at the end of the first quarter to 307% at quarter end. Harper said ServisFirst does not see “any systemic weakening in any particular sector of lending” and said credit quality remains strong. Nonperforming assets decreased by just under $7 million on a net basis during the quarter following the successful resolution of several credits early in the period. Charge-offs remained modest, totaling approximately $3.7 million for the quarter and just over $12 million, or 9 basis points, for the first half of the year. Sparacio said net charge-offs were 11 basis points annualized in the quarter, down from 25 basis points in the first quarter and 20 basis points a year earlier. The allowance for credit losses stood at 1.26% of total loans, compared with 1.25% in the prior quarter. Asked about the company’s CRE concentration ratio moving above 300%, Broughton said ServisFirst remains comfortable with its position and has “lots of headroom” before reaching a level management would want to avoid. He said real estate lending opportunities were broad-based across categories and not concentrated in one segment. Non-interest income was $12.9 million, up from $10.8 million in the first quarter and up 43.5% from a year earlier on an adjusted basis. Sparacio cited broad-based growth, including higher service charges, mortgage banking revenue, credit card income and bank-owned life insurance income. Non-interest expense was $50 million, up 5.4% from the first quarter and 13% year over year. Sparacio said the linked-quarter increase was primarily due to a negative adjustment recorded in the FDIC special assessment in the first quarter. The efficiency ratio was 29.65%, the third consecutive quarter below 30%. Salary and benefit expense rose 16.4% year over year, primarily reflecting the full run-rate impact of the Houston market expansion. Full-time equivalent headcount was 663 at quarter end, up 22 from a year earlier and up three from the first quarter. Broughton said the company added nine bankers during the quarter, including three in Houston and a new market president and regional CEO there. Sparacio said the $50 million quarterly expense run rate is a reasonable current level and said the Houston buildout is currently a drag on the efficiency ratio as loans and deposits ramp more slowly than expenses. Broughton said Houston funded about $50 million in loans and $25 million to $30 million in deposits during the quarter. Capital continued to build, with preliminary Common Equity Tier 1 capital to risk-weighted assets at 11.83%, total capital to risk-weighted assets at 13.09% and tangible common equity to tangible total assets at 10.72%. Book value per share was $36.19, up nearly 15% from a year earlier, while tangible book value per share was $35.94. Broughton said the company is still not “hitting on all eight cylinders,” but is getting closer than it has been in the last two years. He said reaching a 2% return on assets may be difficult, but called it “a worthy goal,” while emphasizing that the primary goal remains growth in earnings per share. ServisFirst Bancshares, Inc is a bank holding company headquartered in Birmingham, Alabama, and the parent of ServisFirst Bank. The company specializes in commercial banking services, catering primarily to small and mid-sized businesses, professionals and entrepreneurs. Its product portfolio encompasses commercial real estate lending, commercial and industrial loans, deposit accounts, treasury management and other ancillary banking products designed to meet the financial needs of its clients. ServisFirst Bank offers a full suite of deposit products, including interest-bearing checking, money market accounts and certificates of deposit, as well as a variety of loan products. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "ServisFirst Bancshares Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

ServisFirst Bancshares (SFBS) came out with quarterly earnings of $1.57 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this holding company for ServisFirst Bank would post earnings of $1.53 per share when it actually produced earnings of $1.54, delivering a surprise of +0.65%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. ServisFirst, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $168.53 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.36%. This compares to year-ago revenues of $140.67 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ServisFirst shares have added about 21.1% since the beginning of the year versus the S&P 500's gain of 8.9%. While ServisFirst has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for ServisFirst was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.59 on $174.76 million in revenues for the coming quarter and $6.40 on $682.18 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Savings and Loan is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. TFS Financial (TFSL), another stock in the same industry, has yet to report results for the quarter ended June 2026. This holding company for Third Federal Savings and Loan is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. TFS Financial's revenues are expected to be $87.3 million, up 6.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ServisFirst Bancshares, Inc. (SFBS) : Free Stock Analysis Report TFS Financial Corporation (TFSL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research