The second quarter of 2025 marked a major milestone for ServisFirst Bank as we proudly celebrated 20 years of purpose-driven growth. What began in Birmingham in 2005 has since expanded across seven states, and this quarter served as a powerful reminder of what consistent service, disciplined growth, and strong client relationships can achieve.

In addition to commemorating our anniversary, we also saw continued momentum across our markets – including standout financial performance, key leadership promotions, and industry recognition that speaks to the strength of our model. From our Correspondent Banking Division to our expanding teams in Asheville, Huntsville, and beyond, our focus remains the same: providing fast, flexible, and relationship-focused banking that empowers our clients and communities.

Thank you for being part of the journey and the continued success of ServisFirst Bank.

ServisFirst Bancshares, Inc. Announces Results

For Second Quarter of 2025

Second Quarter 2025 Highlights

• Diluted earnings per share of $1.12 for the quarter. Adjusted diluted earnings per share of $1.21, up 27% from the second quarter of 2024.
• Net interest margin improved to 3.10% in the second quarter from 2.92% in the first quarter. Adjusted net interest margin was 3.06% in the second quarter.
• Loans grew by $346 million, or 11% annualized, during the quarter.
• Book value per share of $31.52, up 14% from the second quarter of 2024 and 16% annualized, from the first quarter of 2025.
• Liquidity remains strong with $1.7 billion in cash and cash equivalent assets, 10% of our total assets, and no FHLB advances or brokered deposits.
• Consolidated common equity tier 1 capital to risk-weighted assets increased from 10.93% to 11.38% year-over-year.
• 2Q2025 Return on average common stockholder’s equity of 14.56%. Adjusted 2Q2025 return on average common stockholders’ equity increased from 14.08% to 15.63% year-over-year.

More detailed financials are linked below.

ServisFirst Bank Earns Top 5 Spot on American Banker’s

2025 Performance Rankings

ServisFirst Bancshares, Inc. (SFBS) has achieved a major milestone — ranking #5 on American Banker’s 2025 list of the top-performing U.S. banks with $10 billion to $50 billion in assets. This ranking, released July 24, 2025, is based on a rigorous three-year average return on average equity (ROAE) analysis by Capital Performance Group, with data through year-end 2024.

The recognition highlights ServisFirst Bank's strong strategy, fueled by robust loan growth, efficient operations, and effective cost management — standing out amid industry challenges.

As the sole Alabama-based institution in the top ten, SFBS demonstrates its regional strength while showcasing national competitiveness. This #5 ranking reaffirms ServisFirst’s sustained excellence and commitment to delivering exceptional profitability and shareholder value in a complex economic environment.

ServisFirst Bank Celebrates 20 Years of Purpose-Driven Growth and Client-Centered Excellence

This past quarter, ServisFirst Bank marked their 20^th year since opening in May 2005 with a continued commitment to their mission of placing excellent customer service first. The Birmingham-based bank continues to operate with a strong disciplined approach to expansion and growth, efficient operations, and hiring the best bankers in their markets all contributing to their earned reputation for financial strength and personalized service.  

With more than $18 billion in assets and a presence in seven states with 34 banking locations, ServisFirst Bank continues to be a leader in the commercial banking space by offering fast, flexible solutions tailored to the needs of each client. 

"Our goal from the very beginning has been to create a bank grounded in strong relationships, disciplined growth, and client-focused service," states Tom Broughton, Chairman, President, and CEO of ServisFirst Bank.

ServisFirst Bank has earned national recognition, ranking #15 on Forbes’ America’s Best Banks and #4 in American Banker for banks with $10–$50 billion in assets. The Bank’s Correspondent Banking Division now serves more than 386 community banks nationwide, further demonstrating its reputation as a trusted partner in the financial industry.

As the banking industry continues to transform, ServisFirst Bank remains focused on forward-thinking investments in technology, talent, and operational efficiency. Its unwavering commitment to clients, communities, and employees continues to set it apart in a competitive market. Looking ahead, ServisFirst Bank remains committed to its founding principles while embracing the evolving landscape of banking. These investments will continue to drive growth, ensuring that the Bank remains a premier financial institution for decades to come. 

“We are proud of what we’ve built, not just over 20 years, but every day we stay committed to what matters most, our clients, our communities, and our people,” Broughton added. “We’re not defined by a timeline; we’re defined by our consistency, our people, and the results we deliver.”

ServisFirst Bank Asheville Names New Market President

ServisFirst Bank is pleased to announce the promotion of Jeff Austin to Market President for ServisFirst Bank Asheville.

“We are thrilled to promote Jeff Austin to Market President,” states Rick Manley, Regional CEO of ServisFirst Bank Charlotte. “Jeff has been instrumental in driving our strong growth in a short period of time, and his deep ties to the Asheville community make him a natural fit for this leadership role. 

Jeff Austin, Market President

A seasoned banking professional with over 26 years of experience, Jeff Austin has been promoted to Market President of ServisFirst Bank Asheville. In his new role, Austin will lead the Bank’s Asheville market strategy and oversee commercial client growth, portfolio management, and team development. Prior to this promotion, Austin served as Senior Commercial Loan Officer and Vice President, where he focused on developing new business relationships and delivering banking solutions across commercial lending, deposits, treasury management, and consumer banking. He is known for his collaborative leadership style, strategic thinking, and ability to manage complex client needs. A native of Asheville, Austin earned a Bachelor of Science in Business Administration and Law from Western Carolina University. He remains deeply engaged in the Western North Carolina community, currently serving as a board member and treasurer for the Black Mountain Tennis Association, treasurer and secretary for the Buckeye Community Center, and as a board member of Partner Community Capital, where he serves on both the Executive and Finance Committees.

ServisFirst Bank Ranked Second on the Birmingham Business Journal's List of Alabama Public Companies

Headquartered in Birmingham, ServisFirst Bank stands out as one of Alabama’s fastest growing public companies, earning a top spot on the Birmingham Business Journal’s 2025 ranking of Alabama Public Companies by revenue percent change.

2500 Woodcrest Place | Birmingham, Alabama 35209

866.922.5794 | www.servisfirstbank.com | NMLS ID 556357