ServisFirst Bancshares Ranks Fifth Among Top Publicly Traded Banks with Assets Between $10B and $50B

ServisFirst Bancshares, Inc. has ranked fifth among top publicly traded banks with between $10 billion to $50 billion in assets, according to American Banker's annual list of top-performing banks. The bank reported a three-year average ROAE of 16.95% and a 2024 net interest margin of 2.82%. The recognition underscores ServisFirst Bank's ability to deliver strong financial results in a competitive market and reinforce its role as a trusted partner for businesses and individuals across the Southeast.

ServisFirst Bancshares, Inc. has been ranked fifth among top publicly traded banks with between $10 billion and $50 billion in assets, according to American Banker's annual list of top-performing banks based on year-end 2024 data. The bank, with assets exceeding $18 billion, demonstrated strong financial performance, reporting a three-year average return on average equity (ROAE) of 16.95% and a 2024 net interest margin of 2.82% [2].

Claude Hanley, a founder and partner at Capital Performance Group, attributed the success of top-ranked banks to "good old-fashioned loan growth," which helped drive earnings even as the median net income across the $10 billion-$50 billion tier declined. ServisFirst's ability to achieve this growth, coupled with disciplined management, has positioned the bank as a leader in its asset class [1].

ServisFirst Bancshares, Inc. is the only Alabama-based institution to rank in the top ten, reflecting its strong performance in a competitive market. The bank's consistent focus on efficiency and quality service has enabled it to deliver long-term value to its shareholders and exceptional service to its customers [2].

In the second quarter of 2025, ServisFirst Bancshares reported net income of $61.4 million, an 18% year-over-year increase, driven by net interest income of $131.7 million and an adjusted net interest margin of 3.05%. The bank's loan growth was broad-based, with annualized net loan growth of 11% [3].

The bank's capital ratios remain robust, with common equity tier 1 (CET1) capital at 11.38% and risk-based capital at 12.81%. Despite a single $5 million charge-off, the allowance for credit losses held steady at 1.28% of loans, and nonperforming assets remained stable at 42 basis points [3].

Looking ahead, ServisFirst Bancshares forecasts that adjusted net interest margin will increase by 10-14 basis points per quarter, targeting a 3.25%-3.30% exit rate for 2025, with the cost of deposits expected to stabilize in the 3.50%-3.57% range if the Fed holds rates steady. Non-interest income should benefit from Q3 2025, driven by the treasury management fee increase from July 1 [3].

References:
[1] https://www.americanbanker.com/data/the-10-top-performing-banks-with-10b-to-50b-of-assets
[2] https://www.stocktitan.net/news/SFBS/servis-first-bancshares-inc-ranks-fifth-among-top-publicly-traded-o5pneqd2jo3n.html
[3] https://www.nasdaq.com/articles/servisfirst-bancshares-q2-profit-18