Short answer
ServisFirst Bancshares, Inc. (SFBS) filed its fiscal 2025 10-K annual report with the SEC on Feb 27, 2026. It reported revenue of $990M (+4.7% year over year) and net income of $277M.
- Top risk flagged: Cybersecurity risk managed by Information Security Officer with 20+ years experience and CISSP certification
FY2025 key financial metrics · XBRL
- Revenue
- $990M
- +4.7% YoY
- Net income
- $277M
- +21.7% YoY
- EPS (diluted)
- $5.06
- +21.6% YoY
- ROE
- 15.0%
- +0.9 pp YoY
- Operating cash flow
- $355M
- +40.4% YoY
Source: XBRL data from the ServisFirst Bancshares, Inc. (SFBS) FY2025 10-K on SEC EDGAR. USD.
ServisFirst Bancshares, Inc. FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Community banking focused on loan originations and core deposit funding to maintain liquidity and support growth
- Emphasis on credit risk management with allowance for credit losses using updated economic forecast models (unemployment, GDP)
- Maintained well-capitalized status with CET1 ratio 11.65%, leverage ratio 10.26%, exceeding regulatory minimums as of 12/31/2025
- Management conducts weekly liquidity reviews incorporating strategic funding and deposit withdrawal projections
- Heightened disclosure on critical accounting estimates reflecting increased judgment on loan loss provisions and economic assumptions
Management Discussion & Analysis
- Revenue $562.4M (net interest income $535.2M + noninterest income $27.2M), net interest income up 19.8% YoY from $446.7M; total revenue up 8.2% YoY from $520.0M
- Operating margin approx. 60.3% (income before income taxes $342.1M / revenue $562.4M) vs prior year 53.6% ($279.0M / $520.0M); net interest margin 3.12% vs 2.82% YoY
- Single segment bank business; strong loan growth: loans $13.70B, up 8.7% YoY; nonperforming loans increased to 1.23% from 0.34%; increased credit loss provision $35.3M, up 63.6%
- Cash flow: dividends payout ratio 26.9% (down from 29.8%); capex/amortization not explicitly stated; increased equity by $181.9M; no specific buyback info disclosed
- Outlook: management expects continued loan growth and net interest margin expansion from improved funding costs; key risk is credit quality as nonperforming loans rose sharply due to large real estate exposure
Risk Factors
- Cybersecurity risk managed by Information Security Officer with 20+ years experience and CISSP certification
- Board-level Information Technology Steering Committee meets monthly, overseeing cybersecurity incidents and response actions
- Risk Management Committee reviews cyber risk profile quarterly, reporting activities to full Board each meeting
Generated from the filing text; verify against the original. How to read a 10-K
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