ServisFirst Bancshares, Inc. is a single bank BHC founded in Birmingham, Alabama, with a focus on organic asset growth since 2005.
The company boasts total assets of $17.38 billion and stockholders' equity of $1.72 billion.
With a high-performing metropolitan commercial bank status, ServisFirst showcases a strong growth trajectory coupled with impressive credit metrics.
Organic Growth Story
ServisFirst has achieved a 24% compound annual growth rate (CAGR) since its founding in 2005.
High Growth Metrics
Gross Loans CAGR: 14%, Total Deposits CAGR: 15%, Net Income for Common CAGR: 16%, Diluted EPS CAGR: 15%.
Performance Metrics
ROAA: 1.42%, Efficiency Ratio: 34.22%, NPAs/assets: 0.42%, NPLs/loans: 0.55%.
- ServisFirst's business strategy revolves around simplicity, with a focus on loans and deposits as primary drivers.
- The company leverages limited branch presence, utilizing technology for operational efficiency and offering big bank products.
ServisFirst Bancshares, Inc. stands out as a noteworthy financial institution with impressive organic growth and robust performance metrics, setting a strong foundation for continued success in the future.