Report|17 Dec 2024

ServisFirst Bancshares, Inc. Surveillance Report

Company Profile

  • 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…
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