Quarterly ResultMay 6, 2026, 04:19 PM
ServisFirst Q1 Net Income $82.97M, +31.2%; EPS $1.52, +31.0%
AI Summary
ServisFirst Bancshares reported a strong first quarter for 2026, with net income increasing by 31.2% to $82.97 million and diluted earnings per common share rising by 31.0% to $1.52. The company saw significant growth in net interest income, up nearly 20%, driven by a decrease in interest expense. Total assets and deposits also grew, reflecting overall balance sheet expansion.
Key Highlights
- Net income increased 31.2% to $82.97 million for Q1 2026 from $63.22 million in Q1 2025.
- Diluted EPS rose 31.0% to $1.52 for Q1 2026, up from $1.16 in the prior year.
- Net interest income grew 19.9% to $148.15 million in Q1 2026 from $123.55 million in Q1 2025.
- Total assets increased 2.5% to $18.17 billion as of March 31, 2026, from $17.73 billion at December 31, 2025.
- Total deposits increased 1.9% to $14.49 billion as of March 31, 2026, from $14.22 billion at December 31, 2025.
- Net loans increased 1.8% to $13.77 billion as of March 31, 2026, from $13.53 billion at December 31, 2025.
- Provision for credit losses increased 60.4% to $10.64 million in Q1 2026 from $6.63 million in Q1 2025.
- Common dividends declared were $0.38 per share for Q1 2026, up from $0.34 per share in Q1 2025.
Price Impact
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