Form 8-K

8-K — ServisFirst Bancshares, Inc.

Accession: 0001171843-26-004772

Filed: 2026-07-20

Period: 2026-07-20

CIK: 0001430723

SIC: 6022 (STATE COMMERCIAL BANKS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — f8k_072026.htm (Primary)

EX-99.1 — PRESS RELEASE (exh_991.htm)

EX-99.2 — EXHIBIT 99.2 (exh_992.htm)

GRAPHIC (exh991small_1.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: f8k_072026.htm · Sequence: 1

Form 8-K

False000143072300014307232026-07-202026-07-20iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________

FORM 8-K

_________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 20, 2026

_______________________________

ServisFirst Bancshares, Inc.

(Exact name of registrant as specified in its charter)

_______________________________

Delaware 001-36452 26-0734029

(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

2500 Woodcrest Place

Birmingham, Alabama 35209

(Address of Principal Executive Offices) (Zip Code)

(205) 949-0302

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common SFBS New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On July 20, 2026, ServisFirst Bancshares, Inc., a Delaware corporation (“ServisFirst”), issued a press release announcing its operating results for the quarter ended June 30, 2026. A copy of the press release is attached as Exhibit 99.1.

The information furnished pursuant to Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

Item 7.01. Regulation FD Disclosure.

On July 20, 2026, ServisFirst hosted a call to review second quarter earnings. The supplemental data table is attached as Exhibit 99.2 and is incorporated by reference into this Item 7.01.

The information in this report is being furnished, not filed, pursuant to Regulation FD. Accordingly, the information in Items 7.01 and 9.01 of this report will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

Statements in this presentation that are not historical facts, including, but not limited to, statements concerning future operations, results or performance, are hereby identified as "forward-looking statements" for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. The words "believe," "expect," "anticipate," "project," “plan,” “intend,” “will,” “would,” “might” “could” and similar expressions often signify forward-looking statements. Such statements involve inherent risks and uncertainties. ServisFirst Bancshares, Inc. cautions that such forward-looking statements, wherever they occur in this press release or in other statements attributable to ServisFirst Bancshares, Inc., are necessarily estimates reflecting the judgment of ServisFirst Bancshares, Inc.’s senior management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Such forward-looking statements should, therefore, be considered in light of various factors that could affect the accuracy of such forward-looking statements, including: general economic conditions, especially in the credit markets and in the Southeast; the performance of the capital markets; changes in interest rates, yield curves and interest rate spread relationships; changes in accounting and tax principles, policies or guidelines; changes in legislation or regulatory requirements; changes in our loan portfolio and the deposit base; possible changes in laws and regulations and governmental monetary and fiscal policies, including, but not limited to, economic stimulus initiatives; the cost and other effects of legal and administrative cases and similar contingencies; possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and the value of collateral; the effect of natural disasters, such as hurricanes and tornados, in our geographic markets; and increased competition from both banks and non-bank financial institutions. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K and our other SEC filings. If one or more of the factors affecting our forward-looking information and statements proves incorrect, then our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained herein. Accordingly, you should not place undue reliance on any forward-looking statements, which speak only as of the date made. ServisFirst Bancshares, Inc. assumes no obligation to update or revise any forward-looking statements that are made from time to time.

Item 9.01. Financial Statements and Exhibits.

(a) Not applicable

(b) Not applicable

(d) Exhibits. The following exhibits are included with this Current Report on Form 8-K:

Exhibit No. Description

99.1 Press Release dated July 20, 2026

99.2 Supplemental data table July 20, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ServisFirst Bancshares, Inc.

Date: July 20, 2026 By: /s/ Thomas A. Broughton, III

Thomas A. Broughton, III

Chairman, President and Chief Executive Officer

EX-99.1 — PRESS RELEASE

EX-99.1

Filename: exh_991.htm · Sequence: 2

EdgarFiling

EXHIBIT 99.1

ServisFirst Bancshares, Inc. Announces Results for Second Quarter of 2026

BIRMINGHAM, Ala., July 20, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended June 30, 2026.

Second Quarter 2026 Highlights:

Diluted earnings per share of $1.57 for the quarter, up 40% from the second quarter of 2025, and up 30% from adjusted diluted earnings per share in the second quarter of 2025*.

Loans grew $533 million, or 15% annualized, during the quarter.

Net interest margin of 3.63%, up 10 basis points from the first quarter of 2026 and up 53 basis points from the second quarter of 2025.

Book value per share of $36.19, up 14.8% year-over-year.

Efficiency ratio under 30%, down from 33% in the second quarter of 2025.

Adjusted return on average common stockholders’ equity* increased from 15.68% to 17.71% year-over-year.

Cost of interest-bearing deposits of 2.80%, down 53 basis points from the second quarter of 2025.

Deposits grew $686 million, or 5%, from the second quarter of 2025.

Liquidity remains strong with $1.46 billion in cash and cash equivalents, equaling 8% of our total assets, and no FHLB advances or brokered deposits.

Consolidated common equity tier 1 capital to risk-weighted assets increased from 11.38% in the second quarter of 2025 to 11.83% in the second quarter of 2026.

Tom Broughton, Chairman, President, and CEO, said, “We were pleased with the strong loan growth in the quarter and the positive momentum in virtually all our markets for growth with our loan pipeline at record levels.”

David Sparacio, CFO, said, “Net Income growth of 30% year-over-year, while maintaining an efficiency ratio below 30%, along with continued improvement in our net interest margin resulted in superior performance, as we have historically delivered.”

* This press release includes certain non-GAAP financial measures: adjusted net income, adjusted net income available to common stockholders, adjusted diluted earnings per share, adjusted return on average assets, adjusted return on average common stockholders’ equity, adjusted efficiency ratio, tangible common stockholders' equity, total tangible assets, tangible book value per share, tangible common equity to total tangible assets, adjusted net interest income, adjusted non-interest income, and adjusted non-interest expense. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.”

FINANCIAL SUMMARY (UNAUDITED)

(in Thousands except share and per share amounts) Period Ending June 30, 2026 Period Ending March 31, 2026 % Change From Period Ending March 31, 2026 to Period Ending June 30, 2026 Period Ending June 30, 2025 % Change From Period Ending June 30, 2025 to Period Ending June 30, 2026

QUARTERLY OPERATING RESULTS

Net Income $ 85,793 $ 82,971 3.4 % $ 61,424 39.7 %

Net Income Available to Common Stockholders $ 85,762 $ 82,971 3.4 % $ 61,393 39.7 %

Diluted Earnings Per Share $ 1.57 $ 1.52 3.3 % $ 1.12 40.2 %

Return on Average Assets 1.91 % 1.89 % 1.40 %

Return on Average Common Stockholders' Equity 17.71 % 17.91 % 14.56 %

Average Diluted Shares Outstanding 54,702,886 54,695,017 54,664,480

Adjusted Net Income, net of tax* $ 85,793 $ 82,971 3.4 % $ 66,133 29.7 %

Adjusted Net Income Available to Common

Stockholders, net of tax* $ 85,762 $ 82,971 3.4 % $ 66,102 29.7 %

Adjusted Diluted Earnings Per Share, net of tax* $ 1.57 $ 1.52 3.3 % $ 1.21 29.8 %

Adjusted Return on Average Assets, net of tax* 1.91 % 1.89 % 1.50 %

Adjusted Return on Average Common

Stockholders' Equity, net of tax* 17.71 % 17.91 % 15.68 %

YEAR-TO-DATE OPERATING RESULTS

Net Income $ 168,764 $ 124,648 35.4 %

Net Income Available to Common Stockholders $ 168,733 $ 124,617 35.4 %

Diluted Earnings Per Share $ 3.09 $ 2.28 35.1 %

Return on Average Assets 1.90 % 1.42 %

Return on Average Common Stockholders' Equity 17.81 % 15.08 %

Average Diluted Shares Outstanding 54,698,973 54,660,577

Adjusted Net Income, net of tax* $ 168,764 $ 129,357 30.5 %

Adjusted Net Income Available to Common

Stockholders, net of tax* $ 168,733 $ 129,326 30.5 %

Adjusted Diluted Earnings Per Share, net of tax* $ 3.09 $ 2.36 30.6 %

Adjusted Return on Average Assets, net of tax* 1.90 % 1.48 %

Adjusted Return on Average Common

Stockholders' Equity, net of tax* 17.81 % 15.65 %

BALANCE SHEET

Total Assets $ 18,345,498 $ 18,171,287 1.0 % $ 17,378,628 5.6 %

Loans 14,478,489 13,945,913 3.8 % 13,232,560 9.4 %

Non-interest-bearing Demand Deposits 2,995,402 2,836,622 5.6 % 2,632,058 13.8 %

Total Deposits 14,548,730 14,486,364 0.4 % 13,862,319 5.0 %

Stockholders' Equity 1,978,418 1,912,537 3.4 % 1,721,783 14.9 %

DETAILED FINANCIALS

ServisFirst Bancshares, Inc. reported net income and net income available to common stockholders of $85.8 million for the quarter ended June 30, 2026, compared to $61.4 million for the second quarter of 2025. Basic and diluted earnings per common share were both $1.57 in the second quarter of 2026, compared to $1.52 in the first quarter of 2026 and $1.12 in the second quarter of 2025. The prior-year quarter adjusted diluted earnings per share was $1.21.

Annualized return on average assets was 1.91% and annualized return on average common stockholders’ equity was 17.71% for the second quarter of 2026, compared to 1.40% and 14.56%, respectively, for the second quarter of 2025.

Net interest income was $155.6 million for the second quarter of 2026, compared to $148.1 million for the first quarter of 2026 and $131.7 million for the second quarter of 2025. The net interest margin in the second quarter of 2026 was 3.63% compared to 3.53% in the first quarter of 2026 and 3.10% in the second quarter of 2025. Loan yields were 6.23% during the second quarter of 2026 compared to 6.18% during the first quarter of 2026 and 6.37% during the second quarter of 2025. During the second quarter of 2026, we recovered $1.9 million in interest income from a large credit relationship that was previously on nonaccrual status. This recovery accounted for five basis points of the increase in loan yields from the first quarter of 2026. Investment yields were 3.81% during the second quarter of 2026 compared to 3.78% during the first quarter of 2026 and 3.37% during the second quarter of 2025. Average interest-bearing deposit rates were 2.80% during the second quarter of 2026, compared to 2.79% during the first quarter of 2026 and 3.33% during the second quarter of 2025. Average federal funds purchased rates were 3.74% during the second quarter of 2026, compared to 3.74% during the first quarter of 2026 and 4.49% during the second quarter of 2025.

Average loans for the second quarter of 2026 were $14.22 billion, an increase of $440.1 million, or 12.8% annualized, from average loans of $13.78 billion for the first quarter of 2026, and an increase of $1.21 billion, or 9.3%, from average loans of $13.01 billion for the second quarter of 2025. Ending total loans for the second quarter of 2026 were $14.48 billion, an increase of $532.6 million, or 15.3% annualized, from $13.95 billion for the first quarter of 2026, and an increase of $1.25 billion, or 9.4%, from $13.23 billion for the second quarter of 2025.

Average total deposits for the second quarter of 2026 were $14.32 billion, an increase of $191.8 million, or 5.4% annualized, from average total deposits of $14.13 billion for the first quarter of 2026, and an increase of $423.0 million, or 3.0%, from average total deposits of $13.90 billion for the second quarter of 2025. Ending total deposits for the second quarter of 2026 were $14.55 billion, an increase of $62.4 million, or 1.7% annualized, from $14.49 billion for the first quarter of 2026, and an increase of $686.4 million, or 5.0%, from $13.86 billion for the second quarter of 2025.

Nonperforming assets to total assets were 0.96% for the second quarter of 2026, compared to 1.00% for the first quarter of 2026 and 0.42% for the second quarter of 2025. The year-over-year increase was attributable to a large real-estate secured relationship. Annualized net charge-offs to average loans were 0.11% for the second quarter of 2026, compared to 0.25% for the first quarter of 2026 and 0.20% for the second quarter of 2025. The allowance for credit losses to total loans at June 30, 2026, March 31, 2026, and June 30, 2025, was 1.26%, 1.25%, and 1.28%, respectively. We recorded an $11.7 million provision for loan losses in the second quarter of 2026 compared to $10.6 million in the first quarter of 2026, and $11.4 million in the second quarter of 2025.

Non-interest income was $12.9 million for the second quarter of 2026 compared to $0.4 million in the second quarter of 2025, an increase of $12.5 million. Adjusted for $8.6 million of securities losses in the second quarter of 2025, this represented a $3.9 million, or 43.5% increase. Service charges on deposit accounts increased $667,000, or 25.0%, to $3.3 million for the second quarter of 2026 from $2.7 million in the second quarter of 2025, and were relatively flat on a linked quarter basis. We increased our service charge rates on many of our treasury management products in July of 2025. Mortgage banking revenue increased $898,000, or 67.9%, to $2.2 million for the second quarter of 2026 from $1.3 million in the second quarter of 2025, and increased $329,000, or 17.4%, on a linked quarter basis. The increase on a year-over-year basis was primarily due to an increase in loans sold into the secondary market. We also increased our per-loan administrative fee in the first quarter of 2026. Credit card income increased $373,000, or 17.6%, to $2.5 million for the second quarter of 2026 from $2.1 million in the second quarter of 2025, and increased $290,000, or 13.2%, on a linked quarter basis. Bank-owned life insurance (“BOLI”) income increased $2.0 million, or 94.4%, to $4.1 million for the second quarter of 2026 from $2.1 million in the second quarter of 2025, and increased $1.3 million, or 46.5%, on a linked quarter basis. The increases were primarily due to our purchases of $150.0 million of new contracts in the third quarter of 2025 and $25.0 million of new contracts in the second quarter of 2026. Additionally, we had a $1.0 million adjustment related to a correction of BOLI income in the fourth quarter of 2025. Other operating income decreased $37,000, or 5.0%, to $708,000 for the second quarter of 2026 from $745,000 in the second quarter of 2025, and increased $80,000, or 12.7%, on a linked quarter basis.

Non-interest expense increased $5.8 million, or 13.0%, to $50.0 million for the second quarter of 2026 from $44.2 million in the second quarter of 2025, and increased $2.6 million, or 5.4%, on a linked quarter basis. Salary and benefit expense increased $3.7 million, or 16.4%, to $26.3 million for the second quarter of 2026 from $22.6 million in the second quarter of 2025, and decreased $579,000, or 2.2%, on a linked quarter basis. The year-over-year increase was primarily due to the full impact of our Houston market expansion. The number of full-time equivalent employees (excluding temporary employees) increased by 22, or 3.4%, to 663 at June 30, 2026 compared to 641 at June 30, 2025, and increased by three from the end of the first quarter of 2026. Equipment and occupancy expense increased $440,000, or 12.5%, to $4.0 million for the second quarter of 2026 from $3.5 million in the second quarter of 2025, and increased $15,000, or 0.4%, on a linked quarter basis. Third party processing and other services expense decreased $43,000, or 0.5%, to $8.0 million for the second quarter of 2026 from $8.0 million in the second quarter of 2025, and increased $437,000, or 5.8%, on a linked quarter basis. Professional services expense increased $323,000, or 17.0%, to $2.2 million for the second quarter of 2026 from $1.9 million in the second quarter of 2025, and increased $284,000, or 14.6%, on a linked quarter basis. Other operating expenses increased $1.3 million, or 23.8%, to $6.7 million for the second quarter of 2026 from $5.4 million in the second quarter of 2025, and increased $2.4 million, or 54.2%, on a linked quarter basis. The efficiency ratio was 29.65% during the second quarter of 2026 compared to 33.46% during the second quarter of 2025 and 29.80% during the first quarter of 2026.

Our effective tax rate was 19.94% for the second quarter of 2026 compared to 19.82% for the second quarter of 2025, and 17.82% on a linked quarter basis. During the first quarter of 2026, we purchased Investment Tax Credits, which reduced our tax expense. We recognized a reduction in provision for income taxes resulting from excess tax benefits from the exercise and vesting of stock options and restricted stock during the second quarters of 2026 and 2025 of $36,000 and $234,000, respectively.

About ServisFirst Bancshares, Inc.

ServisFirst Bancshares, Inc. (the “Company”) is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank (the “Bank”), the Company provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas and Virginia. Through the Bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions.

ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (“SEC”). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbancshares.com.

Statements in this press release that are not historical facts, including, but not limited to, statements concerning future operations, results or performance, are hereby identified as “forward-looking statements” for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended (the “Securities Act”). The words “believe,” “expect,” “anticipate,” “project,” “plan,” “intend,” “will,” “could,” “would,” “might” and similar expressions often signify forward-looking statements. Such statements involve inherent risks and uncertainties. The Company cautions that such forward-looking statements, wherever they occur in this press release or in other statements attributable to the Company, are necessarily estimates reflecting the judgment of the Company’s senior management and involve risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Such forward-looking statements should, therefore, be considered in light of various factors that could affect the accuracy of such forward-looking statements, including, but not limited to: general economic conditions, especially in the credit markets and in the Southeast; the impact of tariffs, trade wars and other conflicts on general economic conditions; the performance of the capital markets; changes in interest rates, yield curves and interest rate spread relationships; changes in accounting and tax principles, policies or guidelines; changes in legislation or regulatory requirements; changes as a result of our reclassification as a large financial institution by the Federal Deposit Insurance Corporation ("FDIC"); changes in our loan portfolio and the deposit base; possible changes in laws and regulations and governmental monetary and fiscal policies, including, but not limited to, Federal Reserve policies in connection with continued or re-emerging inflationary pressures and the ability of the U.S. Congress to increase the U.S. statutory debt limit as needed; computer hacking or cyber-attacks resulting in unauthorized access to confidential or proprietary information; substantial, unexpected or prolonged changes in the level or cost of liquidity; the cost and other effects of legal and administrative cases and similar contingencies; possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and the value of collateral; the effect of natural disasters, such as hurricanes and tornados, in our geographic markets; and increased competition from both banks and nonbank financial institutions. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K, "Forward-Looking Statements" and "Risk Factors" in our subsequent Quarterly Reports on Form 10-Q and our other SEC filings. If one or more of the factors affecting our forward-looking information and statements proves incorrect, then our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements. Accordingly, you should not place undue reliance on any forward-looking statements, which speak only as of the date made. The Company assumes no obligation to update or revise any forward-looking statements that are made from time to time.

More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbancshares.com or by calling (205) 949-0302.

SELECTED FINANCIAL HIGHLIGHTS (UNAUDITED)

(In thousands except share and per share data)

2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025

CONSOLIDATED STATEMENT OF INCOME

Interest income $ 249,880 $ 241,480 $ 251,388 $ 251,308 $ 246,635

Interest expense 94,243 93,332 104,867 117,860 114,948

Net interest income 155,637 148,148 146,521 133,448 131,687

Provision for credit losses 11,412 10,637 7,922 9,463 11,296

Net interest income after provision for credit losses 144,225 137,511 138,599 123,985 120,391

Non-interest income 12,892 10,840 15,691 2,833 421

Non-interest expense 49,961 47,384 46,683 47,996 44,204

Income before income tax 107,156 100,967 107,607 78,822 76,608

Provision for income tax 21,363 17,996 21,223 13,251 15,184

Net income 85,793 82,971 86,384 65,571 61,424

Preferred stock dividends 31 - 31 - 31

Net income available to common stockholders $ 85,762 $ 82,971 $ 86,353 $ 65,571 $ 61,393

Earnings per share - basic $ 1.57 $ 1.52 $ 1.58 $ 1.20 $ 1.12

Earnings per share - diluted $ 1.57 $ 1.52 $ 1.58 $ 1.20 $ 1.12

Average diluted shares outstanding 54,702,886 54,695,017 54,675,802 54,667,955 54,664,480

CONSOLIDATED BALANCE SHEET DATA

Total assets $ 18,345,498 $ 18,171,287 $ 17,727,190 $ 17,584,199 $ 17,378,628

Loans 14,478,489 13,945,913 13,696,912 13,311,967 13,232,560

Debt securities 1,630,531 1,684,421 1,728,901 1,849,739 1,914,503

Non-interest-bearing demand deposits 2,995,402 2,836,622 2,684,272 2,598,895 2,632,058

Total deposits 14,548,730 14,486,364 14,219,034 14,106,922 13,862,319

Borrowings 34,750 34,750 34,750 64,750 64,747

Stockholders' equity 1,978,418 1,912,537 1,850,347 1,781,647 1,721,783

Shares outstanding 54,671,023 54,663,123 54,624,955 54,621,441 54,618,545

Book value per share $ 36.19 $ 34.99 $ 33.87 $ 32.62 $ 31.52

Tangible book value per share (1) $ 35.94 $ 34.74 $ 33.62 $ 32.37 $ 31.27

SELECTED FINANCIAL RATIOS (Annualized)

Net interest margin 3.63 % 3.53 % 3.38 % 3.09 % 3.10 %

Return on average assets 1.91 % 1.89 % 1.91 % 1.47 % 1.40 %

Return on average common stockholders' equity 17.71 % 17.91 % 18.93 % 14.88 % 14.56 %

Efficiency ratio 29.65 % 29.80 % 28.78 % 35.22 % 33.46 %

Non-interest expense to average earning assets 1.16 % 1.13 % 1.08 % 1.11 % 1.04 %

CAPITAL RATIOS (2)

Common equity tier 1 capital to risk-weighted assets 11.83 % 11.86 % 11.65 % 11.49 % 11.38 %

Tier 1 capital to risk-weighted assets 11.83 % 11.87 % 11.66 % 11.50 % 11.38 %

Total capital to risk-weighted assets 13.09 % 13.13 % 12.93 % 12.91 % 12.81 %

Tier 1 capital to average assets 10.93 % 10.71 % 10.26 % 10.01 % 9.78 %

Tangible common equity to total tangible assets (1) 10.72 % 10.46 % 10.37 % 10.06 % 9.84 %

(1) This press release contains certain non-GAAP financial measures. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.”

(2) Regulatory capital ratios for most recent period are preliminary.

GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures

This press release contains the non-GAAP financial measures of tangible common stockholders’ equity, total tangible assets, tangible book value per share and tangible common equity to total tangible assets, each of which excludes goodwill associated with our acquisition of Metro Bancshares, Inc. in January 2015. This press release also contains the non-GAAP financial measures of adjusted net income, adjusted net income available to common stockholders, adjusted diluted earnings per share, adjusted return on average assets, adjusted return on average common stockholders’ equity, adjusted efficiency ratio, adjusted net interest income, adjusted non-interest income, and adjusted non-interest expense.

We believe these non-GAAP financial measures provide useful information to management and investors that is supplementary to our financial condition, results of operations and cash flows computed in accordance with GAAP; however, we acknowledge that these non-GAAP financial measures have limitations. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non-GAAP financial measures that other companies, including those in our industry, use. The following reconciliation table provides a more detailed analysis of the non-GAAP financial measures as of and for the comparative periods presented in this press release. Dollars are in thousands, except share and per share data.

At June 30,

2026 At March 31,

2026 At December 31,

2025 At September 30,

2025 At June 30,

2025

Book value per share - GAAP $ 36.19 $ 34.99 $ 33.87 $ 32.62 $ 31.52

Total common stockholders' equity - GAAP 1,978,418 1,912,537 1,850,347 1,781,647 1,721,783

Adjustment for Goodwill (13,615 ) (13,615 ) (13,615 ) (13,615 ) (13,615 )

Tangible common stockholders' equity - non-GAAP $ 1,964,803 $ 1,898,922 $ 1,836,732 $ 1,768,032 $ 1,708,168

Tangible book value per share - non-GAAP $ 35.94 $ 34.74 $ 33.62 $ 32.37 $ 31.27

Stockholders' equity to total assets - GAAP 10.78 % 10.53 % 10.44 % 10.13 % 9.91 %

Total assets - GAAP $ 18,345,498 $ 18,171,287 $ 17,727,190 $ 17,584,199 $ 17,378,628

Adjustment for Goodwill (13,615 ) (13,615 ) (13,615 ) (13,615 ) (13,615 )

Total tangible assets - non-GAAP $ 18,331,883 $ 18,157,672 $ 17,713,575 $ 17,570,584 $ 17,365,013

Tangible common equity to total tangible assets - non-GAAP 10.72 % 10.46 % 10.37 % 10.06 % 9.84 %

Three Months Ended June 30, 2026 Three Months Ended June 30, 2025 Six Months Ended June 30, 2026 Six Months Ended June 30, 2025

Net income - GAAP $ 85,793 $ 61,424 $ 168,764 $ 124,648

Adjustments:

Legal matter accrual reversal - (2,276 ) - (2,276 )

Loss on marketable securities - 8,563 - 8,563

Tax on adjustments - (1,578 ) - (1,578 )

Adjusted net income - non-GAAP $ 85,793 $ 66,133 $ 168,764 $ 129,357

Net income available to common stockholders - GAAP $ 85,762 $ 61,393 $ 168,733 $ 124,617

Adjustments:

Legal matter accrual reversal - (2,276 ) - (2,276 )

Loss on marketable securities - 8,563 - 8,563

Tax on adjustments - (1,578 ) - (1,578 )

Adjusted net income available to common stockholders - non-GAAP $ 85,762 $ 66,102 $ 168,733 $ 129,326

Diluted earnings per share - GAAP $ 1.57 $ 1.12 $ 3.09 $ 2.28

Adjustments:

Legal matter accrual reversal - (0.04 ) - (0.05 )

Loss on marketable securities - 0.16 - 0.16

Tax on adjustments - (0.03 ) - (0.03 )

Adjusted diluted earnings per share - non-GAAP $ 1.57 $ 1.21 $ 3.09 $ 2.36

Net interest income, on a fully taxable-equivalent basis $ 155,637 $ 131,777 $ 303,785 $ 255,394

Adjustments:

Legal matter accrual reversal - (2,276 ) - (2,276 )

Tax on adjustments - 571 - 571

Adjusted net interest income, on a fully taxable-equivalent basis $ 155,637 $ 130,072 $ 303,785 $ 253,689

Return on average assets - GAAP 1.91 % 1.40 % 1.90 % 1.42 %

Net income available to common stockholders - GAAP $ 85,762 $ 61,393 $ 168,733 $ 124,617

Adjustments:

Legal matter accrual reversal - (2,276 ) - (2,276 )

Loss on marketable securities - 8,563 - 8,563

Tax on adjustments - (1,578 ) - (1,578 )

Adjusted net income available to common stockholders - non-GAAP $ 85,762 $ 66,102 $ 168,733 $ 129,326

Average assets - GAAP $ 18,013,805 $ 17,626,503 $ 17,746,068 $ 17,668,094

Adjusted return on average assets - non-GAAP 1.91 % 1.50 % 1.90 % 1.48 %

Return on average common stockholders' equity - GAAP 17.71 % 14.56 % 17.81 % 15.08 %

Net income available to common stockholders - GAAP $ 85,762 $ 61,393 $ 168,733 $ 124,617

Adjustments:

Legal matter accrual reversal - (2,276 ) - (2,276 )

Loss on marketable securities - 8,563 - 8,563

Tax on adjustments - (1,578 ) - (1,578 )

Adjusted net income available to common stockholders - non-GAAP $ 85,762 $ 66,102 $ 168,733 $ 129,326

Average common stockholders' equity - GAAP $ 1,942,571 $ 1,690,855 $ 1,910,751 $ 1,666,039

Adjusted return on average common stockholders' equity non-GAAP 17.71 % 15.68 % 17.81 % 15.65 %

Efficiency ratio 29.65 % 33.46 % 29.72 % 34.22 %

Net interest income - GAAP $ 155,637 $ 131,687 $ 303,785 $ 255,240

Adjustments:

Legal matter accrual reversal - (2,276 ) - (2,276 )

Adjusted net interest income - non-GAAP $ 155,637 $ 129,411 $ 303,785 $ 252,964

Total non-interest income - GAAP 12,892 421 23,732 8,698

Adjustments:

Loss on marketable securities - 8,563 - 8,563

Adjusted non-interest income - non-GAAP $ 12,892 $ 8,984 $ 23,732 $ 17,261

Adjusted net interest income and non-interest income - non-GAAP 168,529 138,395 327,517 270,225

Non-interest expense - GAAP $ 49,961 $ 44,204 $ 97,345 $ 90,311

Adjustments:

Adjusted non-interest expense - non-GAAP $ 49,961 $ 44,204 $ 97,345 $ 90,311

Adjusted efficiency ratio - non-GAAP 29.65 % 31.94 % 29.72 % 33.42 %

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(Dollars in thousands)

June 30, 2026 June 30, 2025 % Change

ASSETS

Cash and due from banks $ 115,442 $ 140,659 (18 ) %

Interest-bearing balances due from depository institutions 1,089,592 1,236,485 (12 ) %

Federal funds sold and securities purchased with agreement to resell 251,439 333,760 (25 ) %

Cash and cash equivalents 1,456,473 1,710,904 (15 ) %

Available for sale debt securities, at fair value 995,051 1,227,851 (19 ) %

Held to maturity debt securities (fair value of $590,280 and $639,455, respectively) 635,480 686,652 (7 ) %

Restricted equity securities 12,475 12,156 3 %

Mortgage loans held for sale 14,886 22,131 (33 ) %

Loans 14,478,489 13,232,560 9 %

Less allowance for credit losses (181,853 ) (169,959 ) 7 %

Loans, net 14,296,636 13,062,601 9 %

Premises and equipment, net 63,648 59,993 6 %

Goodwill 13,615 13,615 - %

Other assets 857,234 582,725 47 %

Total assets $ 18,345,498 $ 17,378,628 6 %

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities:

Deposits:

Non-interest-bearing demand $ 2,995,402 $ 2,632,058 14 %

Interest-bearing 11,553,328 11,230,261 3 %

Total deposits 14,548,730 13,862,319 5 %

Federal funds purchased 1,579,388 1,599,135 (1 ) %

Other borrowings 34,750 64,747 (46 ) %

Other liabilities 204,212 130,644 56 %

Total liabilities 16,367,080 15,656,845 5 %

Stockholders' equity:

Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at

June 30, 2026 and June 30, 2025 - - - %

Common stock, par value $0.001 per share; 200,000,000 shares authorized; 54,671,023 shares

issued and outstanding at June 30, 2026, and 54,618,545

shares issued and outstanding at June 30, 2025 55 54 2 %

Additional paid-in capital 239,317 236,716 1 %

Retained earnings 1,741,070 1,500,767 16 %

Accumulated other comprehensive loss (2,524 ) (16,254 ) (84 ) %

Total stockholders' equity attributable to ServisFirst Bancshares, Inc. 1,977,918 1,721,283 15 %

Noncontrolling interest 500 500 - %

Total stockholders' equity 1,978,418 1,721,783 15 %

Total liabilities and stockholders' equity $ 18,345,498 $ 17,378,628 6 %

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(In thousands except per share data)

Three Months Ended June 30, Six Months Ended June 30,

2026

2025 2026

2025

Interest income:

Interest and fees on loans $ 220,731 $ 206,521 $ 430,797 $ 403,457

Investment securities 15,827 16,567 31,926 32,596

Federal funds sold and securities purchased with agreement to resell 4,146 1,592 9,707 1,612

Other interest and dividends 9,176 21,955 18,930 50,066

Total interest income 249,880 246,635 491,360 487,731

Interest expense:

Deposits 79,440 93,488 157,725 188,233

Borrowed funds 14,803 21,460 29,850 44,258

Total interest expense 94,243 114,948 187,575 232,491

Net interest income 155,637 131,687 303,785 255,240

Provision for credit losses 11,412 11,296 22,049 17,926

Net interest income after provision for credit losses 144,225 120,391 281,736 237,314

Non-interest income:

Service charges on deposit accounts 3,338 2,671 6,634 5,229

Mortgage banking 2,221 1,323 4,113 1,936

Credit card income 2,492 2,119 4,694 4,087

Securities losses - (8,563 ) - (8,563 )

Bank-owned life insurance income 4,133 2,126 6,955 4,263

Other operating income 708 745 1,336 1,746

Total non-interest income 12,892 421 23,732 8,698

Non-interest expenses:

Salaries and employee benefits 26,274 22,576 53,127 45,455

Equipment and occupancy expense 3,963 3,523 7,911 7,245

Third party processing and other services 7,962 8,005 15,487 15,743

Professional services 2,227 1,904 4,170 3,837

FDIC and other regulatory assessments 2,753 2,753 4,260 5,607

Other real estate owned expense 75 27 95 60

Other operating expenses 6,707 5,416 12,295 12,364

Total non-interest expenses 49,961 44,204 97,345 90,311

Income before income taxes 107,156 76,608 208,123 155,701

Provision for income taxes 21,363 15,184 39,359 31,053

Net income 85,793 61,424 168,764 124,648

Dividends on preferred stock 31 31 31 31

Net income available to common stockholders $ 85,762 $ 61,393 $ 168,733 $ 124,617

Basic earnings per common share $ 1.57 $ 1.12 $ 3.09 $ 2.28

Diluted earnings per common share $ 1.57 $ 1.12 $ 3.09 $ 2.28

LOANS BY TYPE (UNAUDITED)

(In thousands)

2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025

Commercial, financial and agricultural $ 3,252,437 $ 3,189,704 $ 3,146,736 $ 2,945,784 $ 2,966,191

Real estate - construction 1,564,504 1,531,042 1,457,628 1,532,285 1,735,405

Real estate - mortgage:

Owner-occupied commercial 2,781,375 2,718,512 2,739,823 2,680,055 2,557,711

1-4 family mortgage 1,685,723 1,695,140 1,671,713 1,625,296 1,561,461

Non-owner occupied commercial 5,123,635 4,739,642 4,603,389 4,448,710 4,338,697

Subtotal: Real estate - mortgage 9,590,733 9,153,294 9,014,925 8,754,061 8,457,869

Consumer 70,815 71,873 77,623 79,837 73,095

Total loans $ 14,478,489 $ 13,945,913 $ 13,696,912 $ 13,311,967 $ 13,232,560

SUMMARY OF CREDIT LOSS EXPERIENCE (UNAUDITED)

(Dollars in thousands)

2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025

Allowance for credit losses:

Beginning balance $ 173,905 $ 171,683 $ 170,235 $ 169,959 $ 165,034

Loans charged off:

Commercial, financial and agricultural 4,074 8,291 7,695 7,947 6,849

Real estate - construction 711 - - - -

Real estate - mortgage 5 91 64 1,294 580

Consumer 79 171 465 109 73

Total charge offs 4,869 8,553 8,224 9,350 7,502

Recoveries:

Commercial, financial and agricultural 667 178 1,532 237 959

Real estate - construction - - - 30 -

Real estate - mortgage 396 - - - 1

Consumer 59 35 10 21 58

Total recoveries 1,122 213 1,542 288 1,018

Net charge-offs 3,747 8,340 6,682 9,062 6,484

Provision for loan losses 11,695 10,562 8,130 9,338 11,409

Ending balance $ 181,853 $ 173,905 $ 171,683 $ 170,235 $ 169,959

Allowance for credit losses to total loans 1.26 % 1.25 % 1.25 % 1.28 % 1.28 %

Allowance for credit losses to total average loans 1.28 % 1.26 % 1.27 % 1.29 % 1.31 %

Net charge-offs to total average loans 0.11 % 0.25 % 0.20 % 0.27 % 0.20 %

Provision for credit losses to total average loans 0.33 % 0.31 % 0.24 % 0.28 % 0.35 %

Nonperforming assets:

Nonaccrual loans $ 169,711 $ 176,613 $ 168,351 $ 166,662 $ 68,619

Loans 90+ days past due and accruing 1,242 1,274 478 965 3,549

Other real estate owned and

repossessed assets 4,834 3,072 2,583 611 311

Total $ 175,787 $ 180,959 $ 171,412 $ 168,238 $ 72,479

Nonperforming loans to total loans 1.18 % 1.28 % 1.23 % 1.26 % 0.55 %

Nonperforming assets to total assets 0.96 % 1.00 % 0.97 % 0.96 % 0.42 %

Nonperforming assets to earning assets 0.99 % 1.05 % 1.01 % 1.00 % 0.43 %

Allowance for credit losses to nonaccrual loans 107.15 % 98.47 % 101.98 % 102.14 % 247.69 %

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(In thousands except per share data)

2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025

Interest income:

Interest and fees on loans $ 220,731 $ 210,066 $ 214,252 $ 210,987 $ 206,521

Investment securities 15,827 16,099 17,204 17,343 16,567

Federal funds sold and securities purchased with agreement to resell 4,146 5,561 5,671 4,724 1,592

Other interest and dividends 9,176 9,754 14,261 18,254 21,955

Total interest income 249,880 241,480 251,388 251,308 246,635

Interest expense:

Deposits 79,440 78,285 86,920 98,735 93,488

Borrowed funds 14,803 15,047 17,947 19,125 21,460

Total interest expense 94,243 93,332 104,867 117,860 114,948

Net interest income 155,637 148,148 146,521 133,448 131,687

Provision for credit losses 11,412 10,637 7,922 9,463 11,296

Net interest income after provision for credit losses 144,225 137,511 138,599 123,985 120,391

Non-interest income:

Service charges on deposit accounts 3,338 3,296 3,339 3,316 2,671

Mortgage banking 2,221 1,892 1,664 1,864 1,323

Credit card income 2,492 2,202 1,835 2,405 2,119

Securities losses - - - (7,812 ) (8,563 )

Bank-owned life insurance income 4,133 2,822 8,149 2,405 2,126

Other operating income 708 628 704 655 745

Total non-interest income 12,892 10,840 15,691 2,833 421

Non-interest expenses:

Salaries and employee benefits 26,274 26,853 23,838 25,522 22,576

Equipment and occupancy expense 3,963 3,948 3,737 3,615 3,523

Third party processing and other services 7,962 7,525 7,779 8,095 8,005

Professional services 2,227 1,943 1,481 1,857 1,904

FDIC and other regulatory assessments 2,753 2,745 2,641 2,742 2,753

Other real estate owned expense 75 20 13 82 27

Other operating expenses 6,707 4,350 7,194 6,083 5,416

Total non-interest expenses 49,961 47,384 46,683 47,996 44,204

Income before income taxes 107,156 100,967 107,607 78,822 76,608

Provision for income taxes 21,363 17,996 21,223 13,251 15,184

Net income 85,793 82,971 86,384 65,571 61,424

Dividends on preferred stock 31 - 31 - 31

Net income available to common stockholders $ 85,762 $ 82,971 $ 86,353 $ 65,571 $ 61,393

Basic earnings per common share $ 1.57 $ 1.52 $ 1.58 $ 1.20 $ 1.12

Diluted earnings per common share $ 1.57 $ 1.52 $ 1.58 $ 1.20 $ 1.12

AVERAGE BALANCE SHEETS AND NET INTEREST ANALYSIS (UNAUDITED)

ON A FULLY TAXABLE-EQUIVALENT BASIS

(Dollars in thousands)

2nd Quarter 2026 1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025

Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate Average Balance Yield / Rate

Assets:

Interest-earning assets:

Loans, net of unearned income (1)

Taxable $ 14,198,439 6.18 % $ 13,751,447 6.18 % $ 13,474,271 6.30 % $ 13,175,297 6.34 % $ 12,979,759 6.37 %

Tax-exempt (2) 26,082 37.03 32,976 5.82 30,670 5.52 30,478 5.47 30,346 5.51

Total loans, net of unearned

income 14,224,521 6.23 13,784,423 6.18 13,504,941 6.29 13,205,775 6.34 13,010,105 6.37

Mortgage loans held for sale 13,327 5.30 10,680 4.40 9,887 4.49 11,351 4.82 11,739 5.23

Debt securities:

Taxable 1,659,147 3.81 1,702,499 3.78 1,826,632 3.77 1,926,101 3.60 1,965,089 3.37

Tax-exempt (2) 444 5.41 444 5.41 444 5.41 444 5.41 492 4.88

Total securities (3) 1,659,591 3.81 1,702,943 3.78 1,827,076 3.77 1,926,545 3.60 1,965,581 3.37

Federal funds sold and securities

purchased with agreement to resell 372,645 4.46 501,377 4.50 469,148 4.79 365,733 5.12 124,303 5.14

Restricted equity securities 12,456 6.41 12,228 6.17 12,193 6.61 12,167 6.36 12,146 6.64

Interest-bearing balances with banks 964,808 3.73 1,041,026 3.73 1,393,155 4.00 1,608,118 4.45 1,952,479 4.47

Total interest-earning assets $ 17,247,348 5.82 % $ 17,052,677 5.75 % $ 17,216,400 5.79 % $ 17,129,689 5.82 % $ 17,076,353 5.80 %

Non-interest-earning assets:

Cash and due from banks 96,648 103,847 102,066 103,470 109,506

Net premises and equipment 63,303 61,253 61,009 60,614 59,944

Allowance for credit losses, accrued

interest and other assets 606,506 552,337 556,704 415,586 380,700

Total assets $ 18,013,805 $ 17,770,114 $ 17,936,179 $ 17,709,359 $ 17,626,503

Interest-bearing liabilities:

Interest-bearing deposits:

Checking $ 2,050,758 1.69 % $ 2,101,953 1.60 % $ 2,126,615 1.77 % $ 2,069,440 2.16 % $ 2,222,000 1.78 %

Savings 112,077 1.41 110,843 1.42 106,551 1.52 103,668 1.66 101,506 1.63

Money market 7,956,884 3.03 7,812,168 3.01 7,816,487 3.23 7,965,115 3.67 7,616,747 3.67

Time deposits 1,274,496 3.26 1,373,023 3.42 1,392,749 3.80 1,344,257 3.97 1,321,404 4.09

Total interest-bearing deposits 11,394,215 2.80 11,397,987 2.79 11,442,402 3.01 11,482,480 3.41 11,261,657 3.33

Federal funds purchased 1,549,520 3.74 1,593,215 3.74 1,712,399 4.01 1,640,377 4.46 1,855,860 4.49

Other borrowings 34,750 4.02 34,750 4.05 59,207 4.21 64,761 4.21 64,750 4.26

Total interest-bearing liabilities $ 12,978,485 2.91 % $ 13,025,952 2.91 % $ 13,214,008 3.15 % $ 13,187,618 3.55 % $ 13,182,267 3.50 %

Non-interest-bearing liabilities:

Non-interest-bearing

checking 2,923,956 2,728,354 2,768,495 2,651,043 2,633,552

Other liabilities 168,793 137,231 143,680 122,873 119,829

Stockholders' equity 1,944,735 1,879,072 1,813,097 1,762,980 1,716,232

Accumulated other comprehensive

loss (2,164 ) (495 ) (3,101 ) (15,155 ) (25,377 )

Total liabilities and

stockholders' equity $ 18,013,805 $ 17,770,114 $ 17,936,179 $ 17,709,359 $ 17,626,503

Net interest spread 2.91 % 2.84 % 2.64 % 2.27 % 2.30 %

Net interest margin 3.63 % 3.53 % 3.38 % 3.09 % 3.10 %

(1) Average loans include nonaccrual loans in all periods. Loan fees of $4,763, $5,186, $5,464, $6,103, and $4,430 are included in interest income in the second quarter of 2026, first quarter of 2026, fourth quarter of 2025, third quarter of 2025, and second quarter of 2025, respectively.

(2) Interest income and yields are presented on a fully taxable equivalent basis using a tax rate of 21%.

(3) Unrealized losses on debt securities of $(4,830), $(2,713), $(6,311), $(22,574), and $(36,381) for the second quarter of 2026, first quarter of 2026, fourth quarter of 2025, third quarter of 2025, and second quarter of 2025, respectively, are excluded from the yield calculation.

Contact: ServisFirst Bank

Davis Mange (205) 949-3420

dmange@servisfirstbank.com

EX-99.2 — EXHIBIT 99.2

EX-99.2

Filename: exh_992.htm · Sequence: 3

EdgarFiling

Exhibit 99.2

Selected

Financial Data (in thousands except number of employees)

6/30/2026

3/31/2026

6/30/2025

Scheduled CD maturities for subsequent quarter

$ 558,471

$ 612,450

$ 693,261

Average rate scheduled CD maturities for subsequent quarter

3.32 %

3.34 %

4.14 %

Average loan rate - loan originations/renewals QTD (excludes fees)

6.33 %

6.44 %

7.07 %

Cost of total deposits, Qtr-End

2.21 %

2.24 %

2.76 %

Cost of interest-bearing deposits, Qtr-End

2.80 %

2.79 %

3.41 %

Net interest margin, final month of Qtr

3.59 %

3.53 %

3.35 %

Noninterest bearing DDA balances, Qtr-End

$ 2,995,402

$ 2,836,622

$ 2,632,058

Reserve for unfunded commitments, Qtr-End

$ 364

$ 647

$ 655

Credit card spend QTD

$ 280,533

$ 270,751

$ 268,045

Credit card net income QTD

$ 2,492

$ 2,202

$ 2,119

Merchant services fees QTD

$ 714

$ 572

$ 600

Mortgage banking income QTD

$ 2,221

$ 1,892

$ 1,323

FDIC insurance QTD

$ 2,475

Salaries & employee benefits QTD

$ 26,274

$ 26,853

$ 22,576

Other operating expense

$ 6,707

$ 4,350

$ 5,416

Third party processing and other services QTD

$ 7,962

$ 7,525

$ 8,005

Equipment and occupancy expense QTD

$ 3,964

$ 3,948

$ 3,698

Earnings retention YTD

75 %

71 %

QTD tax rate

19.94 %

17.82 %

19.82 %

YTD tax rate

18.91 %

17.82 %

19.94 %

Available Liquidity

6/30/2026

3/31/2026

6/30/2025

Cash and cash equivalents

$ 1,456,473

$ 1,836,622

$ 1,710,904

Investment Securities (mkt value), net of pledged

$ 260,846

$ 479,033

$ 618,144

Total on balance sheet liquidity

$ 1,717,319

$ 2,315,655

$ 2,329,048

FHLB fundings availability

$ 3,403,609

$ 3,111,128

$ 3,244,071

Correspondent lines of credit availability

$ 150,000

$ 225,000

Brokered deposit availability (25% of assets per policy)

$ 4,586,374

$ 4,542,822

$ 4,344,657

Federal Reserve Bank fundings availability

$ 2,562,745

$ 2,519,218

$ 2,211,658

Total Available Liquidity

$ 12,420,048

$ 12,638,823

$ 12,354,434

GRAPHIC

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ServisFirst Bancshares, Inc.

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Entity Tax Identification Number

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Entity Incorporation, State or Country Code

Entity Address, Address Line One

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City Area Code

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A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

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