ServisFirst Bancshares reported total assets of $18.3 billion at June 30, 2026, up from the prior period’s $18.1 billion implied by the company’s 2025 year-end milestone chart and continuing a 23% organic asset CAGR since 2005. Stockholders’ equity reached $2.0 billion, while return on average assets was 1.91% and the efficiency ratio was 29.65% for the quarter ended June 30, 2026.
The bank’s growth profile remained strong over the past decade: gross loans and total deposits each posted 13% 10-year CAGRs, while net income available to common stockholders and diluted EPS each grew at a 16% CAGR. Net income available to common stockholders rose from $169 million in 2024 to $227 million in 2025, then eased to $207 million by 2026. Diluted EPS climbed from $3.79 in 2024 to $4.16 in 2025 and then to $5.06 in 2026.
On the shareholder-return side, tangible book value per share increased from $18.15 in 2020 to $20.99 in 2021, $23.64 in 2022, $26.20 in 2023, $29.38 in 2024, $33.62 in 2025 and $35.94 at June 30, 2026. The annual dividend per share moved from $0.70 in 2020 to $0.76 in 2021, $0.80 in 2022, $0.92 in 2023, $1.12 in 2024, $1.20 in 2025 and $1.34 in 2026. The stock closed at $86.75 on June 30, 2026, compared with a split-adjusted $1.67 per share at the 2005 initial capital raise.
Branch expansion continued across the Southeast, bringing the footprint to 35 banking locations in eight states. The company listed 52.9% of its offices in Alabama, 30.1% in Florida, 12.2% in Georgia, 9.9% in North Carolina, 8.8% in Tennessee, 9.5% in South Carolina, 4.8% in Virginia Beach and 264.8 million in Houston, Texas, with 35 total offices across the network.
In correspondent banking, total balances were $2.546 billion at June 30, 2026, down from $2.593 billion at March 31, 2026 and up from $2.460 billion at December 31, 2025. Within that total, federal funds purchased were $1.579 billion, interest-bearing deposits were $579.5 million and non-interest-bearing deposits were $387.0 million at June 30, 2026. Relationships increased to 396 from 392 in the prior quarter and 388 at year-end 2025.
The company also highlighted a lending mix in which C&I and owner-occupied CRE loans made up 42% of gross loans, with C&I and C&I OOCRE loans accounting for 40% of the total loan portfolio. Real estate represented 36% of top industry exposure, followed by service industries at 12% and health care at 8%. As of June 30, 2026, CRE stood at 307% of capital and AD&C at 72% of capital, with 91% of CRE loans located within the bank’s eight-state footprint. As a result of these announcements, the company's shares have moved -0.27% on the market, and are now trading at a price of $88.92. Check out the company's full 8-K submission here.
