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ServisFirst Bancshares, Inc. (SFBS)

For the quarter ending 2025-06-30, SFBS made $255,619K in revenue. $61,393K in net income. Net profit margin of 24.02%.

Overview

Revenue
$255,619K
Net Income
$61,393K
Net Profit Margin
24.02%
EPS
$1.12
Unit: Thousand (K) dollars
Revenue Breakdown
    • Interest and fees on loans
    • Other interest and dividends
    • Taxable securities
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue not from contract with customer-Credit Card2,119 - - -
Revenue not from contract with customer-Mortgage Banking1,323 - - -
Revenue not from contract with customer-Deposit Account2,671 - - -
Other operating income745 1,001 818 828
Securities losses-8,563 - - -
Bank-owned life insurance income2,126 2,137 2,113 2,058
Revenue not from contract with customer- 5,139 5,618 6,005
Total noninterest income421 8,277 8,549 8,891
Professional services1,904 1,933 1,715 1,741
Other operating expenses5,416 6,948 4,572 3,623
Salaries and employee benefits22,576 22,879 25,057 24,213
Equipment and occupancy expense3,523 3,722 3,795 3,567
Third party processing and other services8,005 7,738 8,035 7,465
Other real estate owned expense27 33 103 7
Fdic and other regulatory assessments2,753 2,854 2,355 2,202
Total noninterest expenses44,204 46,107 45,632 42,818
Provision- - - 5,353
Provision for credit losses11,296 6,630 5,659 -
Deposits93,488 94,745 113,211 104,671
Borrowed funds21,460 22,798 19,647 16,994
Total interest expense114,948 117,543 132,858 121,665
Other interest and dividends21,955 28,111 24,496 16,535
Nontaxable securities5 6 7 9
Taxable securities16,562 16,023 17,493 16,158
Federal funds sold and securities purchased with agreement to resell1,592 20 31 538
Interest and fees on loans206,521 196,936 205,952 194,300
Total interest income246,635 241,096 247,979 227,540
Net interest income131,687 123,553 115,121 105,875
Net interest income after provision for credit losses120,391 116,923 109,462 100,522
Income before income taxes76,608 79,093 72,379 66,595
Provision for income taxes15,184 15,869 12,472 14,459
Net income61,424 63,224 59,907 52,136
Dividends on preferred stock31 - - 31
Net income available to common stockholders61,393 63,224 59,907 52,105
Basic earnings per common share (in dollars per share)1.12 1.16 1.1 0.96
Diluted earnings per common share (in dollars per share)1.12 1.16 1.1 0.95
Us-gaap_weightedaveragenumberofdilutedsharesoutstanding54,664,480 54,656,630 54,642,582 54,608,679
Weighted average common shares outstanding (in shares)54,610,516 54,586,274 54,549,664 54,516,638
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Interest and fees on loans$206,521K (6.29%↑ Y/Y)Federal funds sold andsecurities purchased with...$1,592K (195.91%↑ Y/Y)Taxable securities$16,562K (2.50%↑ Y/Y)Nontaxable securities$5K (-44.44%↓ Y/Y)Other interest anddividends$21,955K (32.78%↑ Y/Y)Total interest income$246,635K (8.39%↑ Y/Y)Net interest income$131,687K (24.38%↑ Y/Y)Bank-owned life insuranceincome$2,126K (3.30%↑ Y/Y)Total interestexpense$114,948K (-5.52%↓ Y/Y)Other operatingincome$745K (-10.02%↓ Y/Y)Revenue not fromcontract with...$2,671K Revenue not fromcontract with...$1,323K Revenue not fromcontract with...$2,119K Net interest incomeafter provision for...$120,391K (19.77%↑ Y/Y)Total noninterestincome$421K (-95.26%↓ Y/Y)Provision for creditlosses$11,296K Securities losses-$8,563K Borrowed funds$21,460K (26.28%↑ Y/Y)Deposits$93,488K (-10.68%↓ Y/Y)Income before incometaxes$76,608K (15.04%↑ Y/Y)Total noninterestexpenses$44,204K (3.24%↑ Y/Y)Net income$61,424K (17.81%↑ Y/Y)Provision for income taxes$15,184K (5.01%↑ Y/Y)Fdic and otherregulatory assessments$2,753K (25.02%↑ Y/Y)Other real estateowned expense$27K (285.71%↑ Y/Y)Third partyprocessing and other...$8,005K (7.23%↑ Y/Y)Equipment and occupancyexpense$3,523K (-1.23%↓ Y/Y)Salaries and employeebenefits$22,576K (-6.76%↓ Y/Y)Other operatingexpenses$5,416K (49.49%↑ Y/Y)Professional services$1,904K (9.36%↑ Y/Y)Net incomeavailable to common...$61,393K (17.83%↑ Y/Y)Dividends on preferredstock$31K (0.00%↑ Y/Y)