ServisFirst Bancshares, Inc. (SFBS)

ServisFirst Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	810.28	788.11	699.1	499.69	385.72	362.66
Interest Income on Investments	169.32	158.02	114.15	59.62	30.58	26.36
Total Interest Income	979.6	946.12	813.25	559.32	416.31	389.02
Interest Paid on Deposits	400.15	420.65	331.74	59.4	26.57	45.23
Interest Paid on Borrowings	85.93	78.81	70.57	29.03	5.23	5.76
Total Interest Expense	486.07	499.46	402.31	88.42	31.8	50.99
Net Interest Income	493.53	446.66	410.94	470.89	384.5	338.04
Net Interest Income Growth (YoY)	20.45%	8.69%	-12.73%	22.47%	13.75%	17.52%
Mortgage Banking Activities	4.8	4.92	2.76	2.44	7.34	8.75
Gain (Loss) on Sale of Assets	-0.09	-0.09	-	-0.01	0.43	0.01
Gain (Loss) on Sale of Investments	-9.96	-1.4	-12.05	-16.17	-8.53	-0.35
Other Non-Interest Income	11.8	12.51	10.61	17	10.87	7.92
Total Non-Interest Income	24.65	33.66	18.36	21.21	24.3	29.77
Non-Interest Income Growth (YoY)	16.48%	83.29%	-13.41%	-12.72%	-18.37%	28.12%
Revenues Before Loan Losses	518.18	480.32	429.3	492.1	408.8	367.81
Provision for Loan Losses	29.79	21.59	18.72	37.61	31.52	42.43
Revenue	488.39	458.73	410.59	454.49	377.29	325.37
Revenue Growth (YoY)	18.16%	11.73%	-9.66%	20.46%	15.96%	12.88%
Salaries and Employee Benefits	91.22	92.83	77.37	74.75	65.87	60.08
Federal Deposit Insurance	10.19	10.69	15.61	4.57	5.68	4.35
Selling, General & Administrative	58.77	57.04	52.45	47.58	34.01	29.76
Other Non-Interest Expense	18.4	16.86	19.09	18.64	17.08	14.34
Total Non-Interest Expense	178.8	177.61	164.56	145.83	123.51	110.7
EBT Excluding Unusual Items	309.59	281.12	246.02	308.66	253.77	214.67
Other Unusual Items	-2.14	-2.14	-1.44	-1.99	-0.43	-0.46
Pretax Income	307.45	278.98	244.59	308.83	253.35	214.21
Income Tax Expense	57.72	51.74	37.74	57.32	45.62	44.64
Net Income	249.73	227.24	206.85	251.5	207.73	169.57
Preferred Dividends & Other Adjustments	0.06	0.06	0.06	0.06	0.06	0.06
Net Income to Common	249.67	227.18	206.79	251.44	207.67	169.51
Net Income Growth	26.40%	9.86%	-17.75%	21.07%	22.51%	13.62%
Basic Shares Outstanding	55	55	54	54	54	54
Diluted Shares Outstanding	55	55	55	55	54	54
Shares Change (YoY)	0.15%	0.16%	0.00%	0.18%	0.40%	0.21%
EPS (Basic)	4.57	4.17	3.80	4.63	3.83	3.15
EPS (Diluted)	4.57	4.16	3.79	4.61	3.82	3.13
EPS Growth	26.24%	9.76%	-17.79%	20.68%	22.05%	13.41%
Dividend Per Share	1.305	1.235	1.140	0.970	0.830	0.725
Dividend Growth	10.59%	8.33%	17.53%	16.87%	14.48%	16.00%
Effective Tax Rate	18.77%	18.55%	15.43%	18.56%	18.00%	20.84%

Updated May 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q