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SFBS - ServisFirst Bancshar...

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ServisFirst Bancshares, Inc.

SFBS

NYSE

ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, such as seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans. It also offers other banking products and services comprising telephone and mobile banking, direct deposit, Internet banking, traveler's checks, safe deposit boxes, attorney trust accounts, automatic account transfers, automated teller machines, and debit card systems, as well as Visa credit cards; treasury and cash management services; wire transfer, night depository, banking-by-mail, and remote capture services; and correspondent banking services to other financial institutions. In addition, the company holds and manages participations in residential mortgages and commercial real estate loans originated by ServisFirst Bank in Alabama, Florida, Georgia, and Tennessee. It operates 23 full-service banking offices located in Alabama, Florida, Georgia, South Carolina, and Tennessee, as well as 2 loan production offices in Florida. The company was founded in 2005 and is headquartered in Birmingham, Alabama.

83.39 USD

2.59 (3.11%)

SFBS Financial Statements

Year

2024

2023

2022

2021

CF from Operating Activities

252.91M

197.3M

272.63M

266.33M

Net Income

227.24M

206.85M

251.5M

207.73M

Depreciation & Amortization

4.79M

4.44M

4.12M

4.39M

Deferred Income Taxes

-3.35M

-1M

-2.62M

-5.06M

Stock Based Compensation

3.49M

3.6M

3.21M

1.85M

Change in Working Capital

-9.2M

-46.46M

-41.05M

-2.6M

Accounts Receivable

0

0

-13.59M

2.01M

Inventory

0

0

13.59M

-2.01M

Accounts Payable

0

0

5M

1.3M

Other Working Capital

-9.2M

-46.46M

-46.05M

-3.89M

Other Non-Cash Items

29.95M

29.87M

57.46M

60.01M

CF from Investing Activities

-948.53M

-200.43M

-2.64B

-1.56B

Investments in Property, Plant & Equipment

-4.65M

-3.91M

-3.65M

-9.45M

Net Acquisitions

0

0

0

-1.07B

Investment Purchases

-1.14B

-1.06B

-744.9M

-751.58M

Sales/Maturities of Investments

904.17M

846.93M

266.1M

276.96M

Other Investing Activites

-706.12M

16.39M

-2.16B

-4.66M

CF from Financing Activities

941.16M

1.32B

-1.04B

3.31B

Debt Repayment

0

0

0

0

Common Stock Issued

0

0

0

3.53M

Common Stock Repurchased

0

0

0

-2.85M

Dividends Paid

-65.47M

-45.77M

-37.53M

-32.58M

Other Financing Activites

1.01B

1.36B

-1B

3.34B

Free Cash Flow

248.27M

193.39M

268.98M

256.88M

Operating Cash Flow

252.91M

197.3M

272.63M

266.33M

Capital Expenditures

-4.65M

-3.91M

-3.65M

-9.45M

Cash at Beginning of Period

2.13B

816.05M

4.22B

2.21B

Cash at End of Period

2.38B

2.13B

816.05M

4.22B

Net Change In Cash

245.55M

1.32B

-3.41B

2.01B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

1.25B

1.11B

911.01M

748.22M

Net Income

227.24M

206.85M

251.5M

207.73M

Stock Repurchases

0

0

0

-2.85M

Dividend Paid

-65.47M

-45.77M

-37.53M

-32.58M

Retained Earnings

1.41B

1.25B

1.11B

911.01M

Other Distributions

92.3M

99.17M

161.36M

127.35M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

59.19M

85.78M

59.85M

60.3M

Annual Depreciation

0

4.44M

4.12M

4.39M

Capital Expenditure

-4.65M

-3.91M

-3.65M

-9.45M

Net PPE

63.83M

85.25M

59.38M

65.36M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

15k

0

Goodwill (Previous Year)

13.62M

13.62M

13.6M

13.6M

Goodwill

13.62M

13.62M

13.62M

13.6M

All figures are in USD.

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