ServisFirst Bancshares, Inc. (NYSE: SFBS) (“the company”), headquartered in Birmingham, Alabama, is a $16.4 billion-asset bank holding company that conducts operations through its lead subsidiary, ServisFirst Bank. With a branch-light network of 34 offices, SFBS’ footprint primarily covers prominent southeastern MSAs, situated in contiguous states of Alabama, Tennessee, Georgia, Florida, the Carolinas, and Virginia. Traditionally a commercially focused bank by nature, SFBS’ business model focuses “loan making and deposit taking”, targeting small-to-medium sized businesses in its operating footprint, and generally shuns non-traditional, non-lending business lines. Complementing the company’s spread lending operations is SFBS’ sizeable correspondent banking business, which provides clearing, liquidity, credit, settlement, and international services to a network of approximately 380 small community banks in the Mid-Atlantic and Southeastern parts of the…
Log in or Sign up for free access to this report.
KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research across various sectors within the United States and European markets. We strive to provide the investment community with the products and tools needed to make informed investment decisions.