ServisFirst Bancshares
Market Cap
US$1.6b
Last Updated
2019/08/25 00:28 UTC
Data Sources
Company Financials +
Executive Summary
ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides banking services to individual and corporate customers in the United States.
Snowflake
Fundamentals
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has ServisFirst Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-4.2%
NasdaqGS:SFBS
-1.8%
US Banks
-1.6%
US Market
1 Year Return
-32.0%
NasdaqGS:SFBS
-16.1%
US Banks
-3.0%
US Market
SFBS underperformed the Banks industry which returned -16.1% over the past year.
SFBS underperformed the Market in United States of America which returned -3% over the past year.
Share holder returns
| SFBS | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.2% | -1.8% | -1.6% |
| 30 Day | -14.3% | -10.1% | -5.7% |
| 90 Day | -11.1% | -5.0% | 0.2% |
| 1 Year | -30.8%-32.0% | -13.7%-16.1% | -0.8%-3.0% |
| 3 Year | 15.6%12.2% | 37.9%28.5% | 38.1%29.1% |
| 5 Year | 102.7%94.2% | 49.3%33.2% | 50.8%34.1% |
Price Volatility Vs. Market
How volatile is ServisFirst Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
With EPS Growth And More, ServisFirst Bancshares (NASDAQ:SFBS) Is Interesting2 weeks ago | Simply Wall St
Is ServisFirst Bancshares, Inc. (NASDAQ:SFBS) Overpaying Its CEO?1 month ago | Simply Wall St
The of ServisFirst Bancshares, Inc. (NASDAQ:SFBS), Bradford Vieira, Just Sold -65.978226% Of Their HoldingValuation
Is ServisFirst Bancshares undervalued based on future cash flows and its price relative to the stock market?
34%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
ServisFirst Bancshares's share price is below the future cash flow value, and at a moderate discount (> 20%).
ServisFirst Bancshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
ServisFirst Bancshares is good value based on earnings compared to the US Banks industry average.
ServisFirst Bancshares is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
ServisFirst Bancshares is poor value based on expected growth next year.
Price Based on Value of Assets
ServisFirst Bancshares is overvalued based on assets compared to the US Banks industry average.
Next Steps
Future Growth
How is ServisFirst Bancshares expected to perform in the next 1 to 3 years based on estimates from 4 analysts?
3.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
ServisFirst Bancshares's revenue is expected to grow by 8.6% yearly, however this is not considered high growth (20% yearly).
ServisFirst Bancshares's earnings are expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).
ServisFirst Bancshares's revenue growth is expected to exceed the United States of America market average.
ServisFirst Bancshares's earnings growth is positive but not above the United States of America market average.
ServisFirst Bancshares's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
ServisFirst Bancshares is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has ServisFirst Bancshares performed over the past 5 years?
22.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
ServisFirst Bancshares has delivered over 20% year on year earnings growth in the past 5 years.
ServisFirst Bancshares's 1-year earnings growth exceeds its 5-year average (25.7% vs 22.5%)
ServisFirst Bancshares's earnings growth has not exceeded the US Banks industry average in the past year (25.7% vs 33.1%).
Return on Equity
ServisFirst Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
ServisFirst Bancshares used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if ServisFirst Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is ServisFirst Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Information is not available.
Information is not available.
Financial Institutions Analysis
ServisFirst Bancshares has an acceptable proportion of non-loan assets held.
ServisFirst Bancshares has a sufficient allowance for bad loans.
ServisFirst Bancshares's liabilities are made up of primarily low risk sources of funding.
ServisFirst Bancshares's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).
Loans at ServisFirst Bancshares are broadly funded by customer deposits.
ServisFirst Bancshares has an acceptable level of bad loans (less than 2%).
Next Steps
Dividend
What is ServisFirst Bancshares's current dividend yield, its reliability and sustainability?
2.21%
Expected Dividend Yield
Dividend Yield and Payments Analysis
ServisFirst Bancshares's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).
ServisFirst Bancshares's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).
ServisFirst Bancshares has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
Dividend payments have increased, but ServisFirst Bancshares only paid a dividend in the past 5 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (4.7x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (3.9x coverage).
Next Steps
Management
What is the CEO of ServisFirst Bancshares's salary, the management and board of directors tenure and is there insider trading?
8.6yrs
Average management tenure
CEO
Tom Broughton (64yo)
12.6yrs
Tenure
US$3,892,698
Compensation
Mr. Thomas Ashford Broughton III, also known as Tom, has been the Chief Executive Officer and the President of ServisFirst Bancshares, Inc. ("Company") since 2007 and serves as its Chairman since January 1Â ...
CEO Compensation Analysis
Tom's remuneration is about average for companies of similar size in United States of America.
Tom's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
8.6yrs
Average Tenure
63yo
Average Age
The average tenure for the ServisFirst Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
6.7yrs
Average Tenure
64.5yo
Average Age
The tenure for the ServisFirst Bancshares board of directors is about average.
Insider Trading
ServisFirst Bancshares individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 834 |
| Max Price | US$30.75 |
| Entity | Individual |
| Shares | 16,484 |
| Max Price | US$33.20 |
| Entity | Individual |
| Role | Unit CEO Regional Chief Executive Officer-Dothan |
| Shares | 10,000 |
| Max Price | US$36.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 2,900 |
| Max Price | US$34.48 |
| Entity | Individual |
| Shares | 275 |
| Max Price | US$34.88 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 250 |
| Max Price | US$35.34 |
| Entity | Individual |
| Shares | 4,498 |
| Max Price | US$41.00 |
| Entity | Individual |
| Shares | 502 |
| Max Price | US$42.90 |
Ownership Breakdown
Management Team
Tom Broughton (64yo)
Chairman
- Tenure: 12.6yrs
- Compensation: US$3.89m
Bud Foshee (64yo)
Executive VP
- Tenure: 12.6yrs
- Compensation: US$478.84k
Ken Barber (64yo)
Executive VP and Montgomery President & CEO
- Tenure: 4.5yrs
G. Barker (71yo)
Executive VP and Montgomery President & CEO
- Tenure: 12.5yrs
- Compensation: US$359.01k
Rodney Rushing (61yo)
Executive VP & Executive of Correspondent Banking
- Tenure: 8.6yrs
- Compensation: US$508.72k
Clarence Pouncey (62yo)
Executive VP & COO
- Tenure: 12.6yrs
- Compensation: US$527.79k
Buford Morris (42yo)
Regional Chief Executive Officer-Dothan
- Tenure: 4.5yrs
Davis Mange
Vice President Investor Relations Accounting Manager
- Tenure: 5.6yrs
Henry Abbott (38yo)
Senior VP & Chief Credit Officer
- Tenure: 1.3yrs
- Compensation: US$261.44k
Board Members
Tom Broughton (64yo)
Chairman
- Tenure: 12.6yrs
- Compensation: US$3.89m
Hatton C. Smith (68yo)
Director
- Tenure: 12.6yrs
- Compensation: US$23.95k
Irma Tuder (57yo)
Director
- Tenure: 0.8yrs
- Compensation: US$362.30k
Jimmy Filler (75yo)
Lead Independent Director
- Tenure: 0.6yrs
- Compensation: US$23.10k
Mike Fuller (65yo)
Director
- Tenure: 12.6yrs
- Compensation: US$30.45k
Joseph Cashio (61yo)
Director
- Tenure: 12.6yrs
- Compensation: US$27.05k
Company Information
ServisFirst Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ServisFirst Bancshares, Inc.
- Ticker: SFBS
- Exchange: NasdaqGS
- Founded: 2005
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.569b
- Shares outstanding: 53.54m
- Website: https://www.servisfirstbank.com
Number of Employees
Location
- ServisFirst Bancshares, Inc.
- 2500 Woodcrest Place
- Birmingham
- Alabama
- 35209
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SFBS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | May 2014 |
Biography
ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides banking services to individual and corporate customers in the United States. It offers demand, time, sav ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/25 00:28 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.