Capital adequacy remains stable with an equity-to-assets ratio of 0.11, providing a sufficient buffer for the bank's $18.2 billion asset base despite potential credit risks.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|
| Cash & Short Term Investments | 5.85B | 1.16B | 2.82B | 2.86B | 1.46B | 5.01B | 3.1B | 1.29B | 1.05B | 776.14M | 1.05B | 660.39M | 594.88M | 516M | 411.33M | 436.18M | 231.63M | 26.98M | 22.84M | 0 |
| Cash & Due from Banks | 100.56M | 95.13M | 2.38B | 2.03B | 814.54M | 4.16B | 2.21B | 530.13M | 458.05M | 238.06M | 623.56M | 317.45M | 297.46M | 249.78M | 177.45M | 142.37M | 231.63M | 26.98M | 22.84M | 0 |
| Short Term Investments | 1.04B | 1.07B | 443M | 825.93M | 644.82M | 842.57M | 886.69M | 759.4M | 590.18M | 538.08M | 422.38M | 342.94M | 298.81M | 266.22M | 233.88M | 293.81M | 0 | 0 | 0 | 0 |
| Total Investments | 15.47B | 15.27B | 14.33B | 13.39B | 13.22B | 10.72B | 9.28B | 7.95B | 7.06B | 6.34B | 5.35B | 4.56B | 3.66B | 3.13B | 2.62B | 2.14B | 1.67B | 259M | 105M | 0 |
| Investments Growth % | 25.14% | 6.55% | 6.97% | 1.29% | 23.31% | 15.56% | 16.71% | 12.69% | 11.36% | 18.41% | 17.43% | 24.57% | 16.7% | 19.51% | 22.8% | 27.86% | 544.91% | 146.67% | - | - |
| Long-Term Investments | 58.11B | 14.2B | 13.88B | 12.57B | 12.58B | 9.88B | 8.39B | 7.19B | 6.47B | 5.8B | 4.93B | 4.21B | 3.36B | 2.87B | 2.39B | 1.84B | 1.67B | 259M | 105M | 0 |
| Accounts Receivables | 70.08M | 61.96M | 62.79M | 59.18M | 48.42M | 34.83M | 36.84M | 26.26M | 24.07M | 20.66M | 15.8M | 13.7M | 11.21M | 10.26M | 9.16M | 8.19M | 6.99M | 6.2M | 0 | 0 |
| Goodwill & Intangibles | 13.62M | 13.62M | 13.62M | 13.62M | 13.62M | 13.64M | 13.91M | 14.18M | 14.45M | 14.72M | 15M | 15.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 13.62M | 13.62M | 13.62M | 13.62M | 13.62M | 13.6M | 0 | 0 | 0 | 0 | 0 | 13.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 38K | 13.91M | 14.18M | 14.45M | 14.72M | 15M | 1.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 84.16M | 60.4M | 59.19M | 59.32M | 59.85M | 60.3M | 54.97M | 56.5M | 57.82M | 58.9M | 40.31M | 19.43M | 7.82M | 8.35M | 8.85M | 4.59M | 4.45M | 5.1M | 3.9M | 4.18M |
| Other Assets | 3.11B | -14.26B | 451.87M | 510.68M | 376.67M | 415.63M | 307.12M | 344.19M | 370.51M | 401.34M | 298.13M | 149.65M | 109.48M | 106.95M | 80.88M | 165.13M | 15.41M | -259.6M | 15K | -6.61M |
| Total Current Assets | 170.65M | 1.16B | 2.88B | 2.92B | 1.51B | 5.04B | 3.13B | 1.32B | 1.07B | 796.8M | 1.06B | 674.09M | 606.1M | 525.77M | 420.49M | 444.37M | 238.62M | 1.57B | 561K | 71.99M |
| Total Non-Current Assets | 18B | 74.01M | 14.47B | 13.21B | 13.09B | 10.41B | 8.8B | 7.63B | 6.94B | 6.29B | 5.31B | 4.42B | 3.49B | 2.99B | 2.49B | 2.02B | 1.7B | 4.5M | 112.5M | 0 |
| Total Assets | 18.17B | 17.73B | 17.35B | 16.13B | 14.6B | 15.45B | 11.93B | 8.95B | 8.01B | 7.08B | 6.37B | 5.1B | 4.1B | 3.52B | 2.91B | 2.46B | 1.94B | 1.57B | 1.16B | 835.82M |
| Asset Growth % | 14.85% | 2.16% | 7.58% | 10.51% | -5.52% | 29.47% | 33.36% | 11.74% | 13.06% | 11.18% | 25.02% | 24.32% | 16.42% | 21.14% | 18.11% | 27.16% | 22.98% | 35.38% | 39.06% | - |
| Return on Assets (ROA) | 1.67% | 1.58% | 1.36% | 1.35% | 1.67% | 1.52% | 1.62% | 1.76% | 1.81% | 1.38% | 1.42% | 1.38% | 1.37% | 1.3% | 1.28% | 1.07% | 0.99% | 0.43% | 0.7% | 0.66% |
| Accounts Payable | 29.13M | 29.99M | 28.03M | 27.55M | 18.61M | 13.62M | 12.32M | 11.93M | 10.38M | 4.97M | 4.4M | 2.37M | 1.94M | 769K | 942K | 945K | 898K | 1M | 1.3M | 0 |
| Total Debt | 1.6B | 1.51B | 2.06B | 1.32B | 1.68B | 1.78B | 916.29M | 535.45M | 353.39M | 366.63M | 411.21M | 408M | 284.29M | 194.32M | 152.03M | 114.73M | 55.36M | 40.2M | 35.1M | 73K |
| Net Debt | 1.5B | 1.41B | -317.12M | -709.05M | 868.99M | -2.39B | -1.29B | 5.33M | -104.66M | 128.57M | -212.36M | 90.55M | -12.29M | -55.46M | -25.42M | -27.64M | -176.28M | 13.22M | 12.26M | 73K |
| Long-Term Debt | 34.75M | 34.75M | 64.74M | 64.73M | 64.73M | 64.71M | 64.75M | 64.7M | 64.67M | 64.83M | 55.26M | 55.64M | 19.97M | 19.94M | 34.97M | 35.47M | 55.36M | 40.15M | 35.09M | 73K |
| Short-Term Debt | 1.55B | 1.47B | 1.99B | 1.26B | 1.62B | 1.71B | 851.54M | 470.75M | 288.73M | 301.8M | 355.94M | 352.36M | 264.31M | 174.38M | 117.06M | 79.27M | 0 | 0 | 0 | 0 |
| Other Liabilities | 14.65B | 15.84B | 104.92M | 66.75M | 48.91M | 53.85M | 35.46M | 27.15M | 12.7M | 11.51M | 11.64M | 12.11M | 7.08M | 8.78M | 8.51M | 4.93M | 3.1M | -15.25M | 0 | -73K |
| Total Current Liabilities | 1.55B | 4.16B | 15.57B | 14.56B | 13.18B | 14.18B | 10.84B | 8.01B | 7.21B | 6.4B | 5.78B | 4.58B | 3.66B | 3.19B | 2.63B | 2.22B | 1.76B | 1.45B | 1.06B | 691.91M |
| Total Non-Current Liabilities | 14.71B | 15.88B | 169.66M | 131.48M | 113.64M | 118.56M | 100.21M | 91.86M | 77.36M | 76.34M | 66.9M | 67.75M | 27.05M | 28.72M | 43.48M | 40.4M | 58.45M | 24.9M | 20M | 0 |
| Total Liabilities | 16.26B | 15.88B | 15.73B | 14.69B | 13.3B | 14.3B | 10.94B | 8.1B | 7.29B | 6.47B | 5.85B | 4.65B | 3.69B | 3.22B | 2.67B | 2.26B | 1.82B | 1.48B | 1.08B | 763.57M |
| Total Equity | 1.91B | 1.85B | 1.62B | 1.44B | 1.3B | 1.15B | 992.85M | 842.68M | 715.2M | 607.6M | 522.89M | 449.15M | 407.21M | 297.19M | 233.26M | 196.29M | 117.1M | 97.6M | 86.8M | 72.25M |
| Equity Growth % | 56.49% | 14.45% | 12.24% | 10.98% | 12.66% | 16.03% | 17.82% | 17.82% | 17.71% | 16.2% | 16.42% | 10.3% | 37.02% | 27.41% | 18.83% | 67.63% | 19.98% | 12.44% | 20.14% | - |
| Equity / Assets (Capital Ratio) | 10.53% | 10.44% | 9.32% | 8.93% | 8.89% | 7.46% | 8.32% | 9.42% | 8.93% | 8.58% | 8.21% | 8.81% | 9.94% | 8.44% | 8.03% | 7.98% | 6.05% | 6.2% | 7.47% | 8.64% |
| Return on Equity (ROE) | 16.31% | 15.96% | 14.87% | 15.11% | 20.53% | 19.37% | 18.48% | 19.16% | 20.7% | 16.47% | 16.76% | 14.84% | 14.87% | 15.69% | 16.04% | 14.96% | 16.19% | 6.38% | 8.8% | 7.61% |
| Book Value per Share | 34.98 | 33.85 | 29.59 | 26.41 | 23.80 | 21.16 | 18.31 | 15.58 | 13.20 | 11.23 | 9.75 | 8.49 | 8.20 | 6.06 | 4.76 | 4.00 | 2.39 | 1.99 | 2.54 | 2.55 |
| Tangible BV per Share | 34.73 | 33.60 | 29.34 | 26.16 | 23.55 | 20.91 | 18.06 | 15.31 | 12.94 | 10.95 | 9.47 | 8.20 | 8.20 | 6.06 | 4.76 | 4.00 | 2.39 | 1.99 | 2.54 | 2.55 |
| Common Stock | 55K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 53K | 53K | 53K | 26K | 25K | 7K | 6K | 6K | 6K | 6K | 5K | 5K |
| Additional Paid-in Capital | 238.64M | 237.84M | 235.78M | 232.6M | 229.69M | 226.4M | 223.86M | 219.77M | 218.52M | 217.69M | 215.93M | 211.55M | 185.4M | 123.33M | 93.5M | 87.81M | 75.91M | 0 | 0 | 63.16M |
| Retained Earnings | 1.68B | 1.61B | 1.41B | 1.25B | 1.11B | 911.01M | 748.22M | 616.61M | 500.87M | 389.6M | 307.15M | 234.15M | 177.09M | 130.01M | 92.49M | 61.58M | 38.34M | 21M | 15.1M | 8.08M |
| Accumulated OCI | -2.67M | -1.79M | -32.18M | -47.59M | -42.25M | 14.06M | 20.22M | 5.75M | -4.74M | -198K | -624K | 3.05M | 4.49M | 3.89M | 7.3M | 6.94M | 2.84M | 2M | 1M | 1M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39.96M | 39.96M | 39.96M | 39.96M | 0 | 0 | 0 | 0 |
Commercial real estate concentration
According to recent financial filings, ServisFirst Bancshares grew total assets to $18.2 billion by 2026Q1, representing a steady upward trajectory that appears driven by organic commercial lending rather than inorganic acquisitions, maintaining a consistent balance sheet footprint despite broader regional economic volatility in the Southeast corridor.
The consistent growth in total assets suggests that the bank's branch-light model remains effective at capturing market share from larger, more bureaucratic competitors. Investors should monitor whether this pace of expansion can be sustained without compromising the bank's historically lean efficiency ratio.
As reported in the 2026Q1 balance sheet data, the equity-to-assets ratio of 0.11 indicates a stable capital position that provides a sufficient buffer for ongoing organic expansion, suggesting that management remains well-capitalized to absorb potential credit shocks while continuing to support its core commercial lending activities.
The maintenance of this capital ratio implies a disciplined approach to leverage, balancing the need for growth with regulatory capital requirements. This positioning appears to provide management with the flexibility to navigate potential economic downturns without the immediate necessity of dilutive capital raises.
Based on the 2026Q1 figures, the bank's cash and cash equivalents dropped to $100.6 million, a significant shift from the $3.3 billion reported in 2025Q1, which may indicate a strategic deployment of liquidity into higher-yielding assets to optimize the balance sheet in a competitive rate environment.
This reduction in cash reserves warrants further investigation into the bank's contingent funding plans and its reliance on wholesale versus core deposit funding. The shift suggests an aggressive posture toward asset utilization, which could increase sensitivity to liquidity stress if deposit outflows accelerate.
Financial statements reveal that the investment securities portfolio has grown to $15.5 billion as of 2026Q1, which, when combined with the bank's commercial loan focus, suggests a significant concentration of interest rate and credit risk that could impact future net interest margin stability.
The heavy weighting toward investment securities may imply a duration mismatch that could pressure earnings if interest rates remain elevated for longer than anticipated. This concentration appears to be a core component of the bank's business model, yet it introduces a non-obvious risk factor regarding the valuation of the securities portfolio in a volatile rate environment.
Quick answers to the most common questions about buying SFBS stock.
As of 2025, ServisFirst Bancshares, Inc. (SFBS) had total assets of $17.73B including $1.16B in current assets.
ServisFirst Bancshares, Inc. (SFBS) carries total debt of $1.51B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
ServisFirst Bancshares, Inc. (SFBS) has total shareholders' equity (book value) of $1.85B ($33.85 book value per share). Book value represents the net worth of the company belonging to common stock holders.
ServisFirst Bancshares, Inc. (SFBS) reported a current ratio of 0.28x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.