ServisFirst Bancshares, Inc. Announces Results for Third Quarter of 2026
Key Highlights
- ➤Diluted EPS $0.80, up 33.3% year-over-year
- ➤Loans $14.74 billion, up 10.7% year-over-year
- ➤Net interest margin 3.63%, up 54 basis points year-over-year
- ➤Stock repurchase program authorizes up to two million shares through December 31, 2027
- ➤Efficiency ratio improved to 30.20% from 35.22% year-over-year
Expert Statements
Tom Broughton, Chairman, President, and CEO of ServisFirst Bancshares
“We see solid economic trends, and loan activity is improving with continued growth in our loan pipeline.”
David Sparacio, CFO of ServisFirst Bancshares
“We continue to grow our top line revenue through asset and margin growth, while maintaining a best-in-class efficiency ratio, resulting in top quartile returns.”
BIRMINGHAM, Ala., Oct. 19, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS) today announced earnings and operating results for the quarter ended September 30, 2026.
Third Quarter 2026 Highlights and Financial Summary: * Diluted earnings per share of $0.80 for the quarter, up 33% from the third quarter of 2025, and up 23% from adjusted diluted earnings per share in the third quarter of 2025*. * Loans grew by $1.43 billion, or 11%, year-over-year. * Net interest margin of 3.63%, unchanged from the second quarter of 2026; excluding a loan recovery in the previous quarter, NIM was 5 basis points higher, and up 54 basis points compared to the third quarter of 2025. * Noninterest-bearing deposits increased 12% year-over-year. * Completed our two-for-one stock split during the quarter**. * Subsequent to quarter-end, the Company announced its inaugural stock repurchase program, authorizing the repurchase of up to two million shares of common stock through December 31, 2027. * Book value per share of $18.63, up 14% year-over-year. * Efficiency ratio of 30.20%, improved from 35.22% in the third quarter of 2025. * Year-to-date return on average common stockholders’ equity increased from 15.01% in 2025 to 17.62% in 2026, and year-to-date adjusted return on average common stockholders’ equity* increased from 15.85% to 17.61%. * Consolidated common equity tier 1 capital to risk-weighted assets increased from 11.49% in the third quarter of 2025 to 11.98% in the third quarter of 2026. Tom Broughton, Chairman, President, and CEO, said, “We see solid economic trends, and loan activity is improving with continued growth in our loan pipeline.”
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