SFBS

MKT CAP:$4B

ServisFirst Bancshares, Inc.

Market Cap

$4B

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Financials·Banks - Regional·🇺🇸·NYSE

Stock Price

$78.83+$7.01 (+9.75%)

Apr 22, 2026

Company Details

ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money marke...

CEO

Thomas Ashford Broughton

IPO Date

May 14, 2014

Website

www.servisfirstbank.com

Key Metrics TTM

Revenue

$1.0B

+3.0% YoY

Net Income

$296M

EPS (Diluted)

$5.42

Free Cash Flow

$351M

Revenue / Share

$18.67

Gross Margin

53.9%

Operating Margin

35.7%

Net Margin

29.0%

FCF Margin

34.4%

P/S

4.2x

P/E

14.6x

Earnings Reports

Q1 2026

Apr 20, 2026

NEW

$252M+1.2%EPS $1.52

FY 2025

Feb 26, 2026

$1.0B+4.1%EPS $5.06

Q4 2025

Feb 26, 2026

$267M+7.4%EPS $1.58

Q3 2025

Nov 4, 2025

$254M-0.9%EPS $1.20

Q2 2025

Aug 5, 2025

$247M+4.5%EPS $1.12

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$136M	$116M	$77M
Q3 22	$158M	$120M	$77M
Q4 22	$165M	$110M	$84M
Q1 23	$188M	$110M	$71M
Q2 23	$198M	$103M	$65M
Q3 23	$221M	$104M	$62M
Q4 23	$222M	$91M	$47M
Q1 24	$236M	$107M	$61M
Q2 24	$236M	$109M	$67M
Q3 24	$257M	$118M	$72M
Q4 24	$249M	$122M	$79M
Q1 25	$249M	$125M	$79M
Q2 25	$247M	$121M	$77M
Q3 25	$254M	$127M	$79M
Q4 25	$267M	$154M	$108M
Q1 26	$252M	$148M	$101M

Valuation

Quarter	P/S	P/E
Q2 22	9.0x	18.8x
Q3 22	8.6x	18.7x
Q4 22	6.4x	14.8x
Q1 23	4.5x	11.6x
Q2 23	3.2x	9.4x
Q3 23	3.7x	12.3x
Q4 23	4.3x	17.1x
Q1 24	4.1x	18.0x
Q2 24	3.7x	17.3x
Q3 24	4.6x	21.6x
Q4 24	4.8x	20.7x
Q1 25	4.6x	18.8x
Q2 25	4.2x	16.9x
Q3 25	4.5x	17.5x
Q4 25	3.9x	14.5x
Q1 26	3.9x	13.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$69M	$69M
Q2 22	$57M	$56M
Q3 22	$71M	$70M
Q4 22	$74M	$72M
Q1 23	$55M	$54M
Q2 23	$38M	$38M
Q3 23	$13M	$12M
Q4 23	$91M	$90M
Q1 24	$53M	$52M
Q2 24	$48M	$47M
Q3 24	$84M	$80M
Q4 24	$67M	$68M
Q1 25	$48M	$46M
Q2 25	$68M	$66M
Q3 25	$141M	$144M
Q4 25	$99M	$94M

Capital Expenditures

Quarter	CapEx
Q1 22	$666.0K
Q2 22	$614.0K
Q3 22	$655.0K
Q4 22	$2M
Q1 23	$1M
Q2 23	$633.0K
Q3 23	$960.0K
Q4 23	$1M
Q1 24	$1M
Q2 24	$1M
Q3 24	$4M
Q4 24	$1M
Q1 25	$1M
Q2 25	$2M
Q3 25	$3M
Q4 25	$5M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+21.1%	+21.4%
Q3 22	+41.0%	+68.2%
Q4 22	+58.7%	+90.7%
Q1 23	+54.9%	+133.5%
Q2 23	+45.7%	+124.4%
Q3 23	+39.9%	+96.4%
Q4 23	+34.3%	+115.5%
Q1 24	+25.6%	+49.7%
Q2 24	+19.3%	+27.2%
Q3 24	+15.9%	+15.5%
Q4 24	+12.2%	-2.9%
Q1 25	+5.8%	-2.7%
Q2 25	+4.5%	+0.4%
Q3 25	-0.9%	-4.8%
Q4 25	+7.4%	-5.8%
Q1 26	+1.2%	-11.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$790.0K	0.7%
Q2 22	$797.0K	0.6%
Q3 22	$804.0K	0.5%
Q4 22	$816.0K	0.5%
Q1 23	$808.0K	0.4%
Q2 23	$982.0K	0.5%
Q3 23	$929.0K	0.4%
Q4 23	$881.0K	0.4%
Q1 24	$958.0K	0.4%
Q2 24	$878.0K	0.4%
Q3 24	$1M	0.4%
Q4 24	$640.0K	0.3%
Q1 25	$864.0K	0.3%
Q2 25	$837.0K	0.3%
Q3 25	$629.0K	0.2%
Q4 25	$627.0K	0.2%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$22M	—
Q3 22	$21M	—
Q4 22	$21M	$446.0K
Q1 23	$21M	—
Q2 23	$21M	—
Q3 23	$22M	—
Q4 23	$33M	$768.0K
Q1 24	$27M	—
Q2 24	$26M	—
Q3 24	$27M	—
Q4 24	$27M	$951.0K
Q1 25	$26M	—
Q2 25	$25M	—
Q3 25	$31M	—
Q4 25	$28M	—
Q1 26	$31M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$1.6B	$724M	$2.3B
Q3 22	$406M	$666M	$1.1B
Q4 22	$815M	$645M	$1.5B
Q1 23	$864M	$625M	$1.5B
Q2 23	$960M	$991M	$2.0B
Q3 23	$2.0B	$835M	$2.8B
Q4 23	$2.0B	$826M	$2.9B
Q1 24	$1.3B	$1.1B	$2.4B
Q2 24	$1.3B	$1.2B	$2.4B
Q3 24	$1.8B	$1.1B	$2.9B
Q4 24	$2.4B	$443M	$2.8B
Q1 25	$3.3B	$458M	$3.8B
Q2 25	$1.4B	$447M	$1.8B
Q3 25	$1.3B	$386M	$1.7B
Q4 25	$95M	$1.1B	$1.2B
Q1 26	$101M	$0	$101M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	55M	+0.0%	+0.1%
Q3 22	55M	+0.0%	+0.1%
Q4 22	55M	-0.0%	+0.1%
Q1 23	55M	-0.0%	+0.0%
Q2 23	55M	-0.1%	-0.0%
Q3 23	55M	+0.0%	-0.0%
Q4 23	55M	+0.0%	0.0%
Q1 24	55M	+0.1%	+0.1%
Q2 24	55M	0.0%	+0.2%
Q3 24	55M	+0.1%	+0.2%
Q4 24	55M	+0.0%	+0.2%
Q1 25	55M	-0.3%	-0.2%
Q2 25	55M	+0.3%	+0.1%
Q3 25	55M	+0.0%	+0.0%
Q4 25	55M	+0.0%	+0.0%
Q1 26	55M	0.0%	+0.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$271.0K	502
Q3 22	$315.2K	502
Q4 22	$289.0K	571
Q1 23	$328.6K	571
Q2 23	$347.2K	571
Q3 23	$387.6K	571
Q4 23	$374.9K	591
Q1 24	$398.7K	591
Q2 24	$400.1K	591
Q3 24	$434.1K	591
Q4 24	$394.7K	630
Q1 25	$395.8K	630
Q2 25	$392.2K	630
Q3 25	$403.4K	630
Q4 25	$401.0K	666
Q1 26	$378.8K	666

Revenue / Employee