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Sep 30
ServisFirst Q3 2025 Earnings Report
ServisFirst Bancshares, Inc. announced its earnings and operating results for the third quarter of 2025, reporting an increase in net income and diluted earnings per share compared to the previous quarter and the same period last year.
Key Takeaways
ServisFirst Bancshares, Inc. delivered a strong third quarter in 2025, with net income rising to $65.6 million and diluted EPS reaching $1.20. The company experienced significant year-over-year growth in loans and deposits, alongside an expanding net interest margin and improved adjusted return on average common stockholders' equity. However, non-performing assets to total assets increased, primarily due to a single real-estate secured relationship.
Diluted earnings per share for Q3 2025 was $1.20, up 9.1% from Q3 2024.
Net interest margin improved to 3.09% in Q3 2025, up 25 basis points from Q3 2024.
Loans grew by $973.7 million (7.9%) and deposits grew by $960.4 million (7.3%) year-over-year.
Non-performing assets to total assets increased to 0.96% in Q3 2025, compared to 0.25% in Q3 2024, driven by a large real-estate secured relationship.
ServisFirst
ServisFirst
ServisFirst Revenue by Segment
Revenue by Segment
Service Charges on Deposit Accounts Revenue
CapyFin.comMortgage Banking Revenue
CapyFin.comCredit Card Income Revenue
CapyFin.comSecurities Losses Revenue
CapyFin.comBank-Owned Life Insurance Income Revenue
CapyFin.comOther Operating Income Revenue
CapyFin.com Forward Guidance
ServisFirst Bancshares, Inc. anticipates continued profitability across all regions and markets, with newer offices reaching profitability. The company expects to maintain its net interest margin expansion and pricing discipline on loans and deposits, aiming for solid year-over-year earnings growth and top returns for shareholders.
Positive Outlook
- All regions and markets were solidly profitable in Q3 2025.
- Newer offices have reached profitability, indicating successful expansion.
- Continued expansion of net interest margin is expected.
- Pricing discipline on both loans and deposits is being maintained.
- Solid year-over-year growth in earnings is anticipated.
Challenges Ahead
- General economic conditions, especially in credit markets and the Southeast, could impact future performance.
- Changes in interest rates, yield curves, and interest rate spread relationships pose risks.
- Changes in legislation or regulatory requirements could affect operations.
- Possible changes in the creditworthiness of customers and loan collectability are concerns.
- Increased competition from both banks and non-bank financial institutions could impact market share.