| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
SFBS Stock Overview
ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers.
ServisFirst Bancshares Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$80.73 |
| 52 Week High | US$87.19 |
| 52 Week Low | US$37.55 |
| Beta | 1.11 |
| 1 Month Change | 0.26% |
| 3 Month Change | 9.02% |
| 1 Year Change | 107.32% |
| 3 Year Change | 105.06% |
| 5 Year Change | 118.69% |
| Change since IPO | 480.79% |
Recent News & Updates
ServisFirst Bancshares: A Strong Foundation Sets The Stage For Continued Outperformance
The bank's growth outlook appears to be better than peers, building on its already strong foundation for continued share price outperformance. Modest margin compression appears likely, but core profitability remains strong. A strong credit performance bolsters investors' confidence in the bank's above-average growth.
Does ServisFirst Bancshares (NYSE:SFBS) Deserve A Spot On Your Watchlist?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Shareholder Returns
| SFBS | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.8% | -0.8% | -2.7% |
| 1Y | 107.3% | 42.1% | 21.3% |
Return vs Industry: SFBS exceeded the US Banks industry which returned 42.1% over the past year.
Return vs Market: SFBS exceeded the US Market which returned 21.3% over the past year.
Price Volatility
| SFBS volatility | |
|---|---|
| SFBS Average Weekly Movement | 3.8% |
| Banks Industry Average Movement | 3.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.3% |
Stable Share Price: SFBS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SFBS's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | 518 | Tom Broughton | https://www.servisfirstbank.com |
ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. The company accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. Its loan products include commercial lending products, such as seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans.
ServisFirst Bancshares Fundamentals Summary
| SFBS fundamental statistics | |
|---|---|
| Market Cap | US$4.38b |
| Earnings (TTM) | US$204.90m |
| Revenue (TTM) | US$380.06m |
21.4x
P/E Ratio3.9x
P/B RatioIs SFBS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SFBS income statement (TTM) | |
|---|---|
| Revenue | US$380.06m |
| Cost of Revenue | US$0 |
| Gross Profit | US$380.06m |
| Expenses | US$175.16m |
| Earnings | US$204.90m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.78 |
| Gross Margin | 100.00% |
| Net Profit Margin | 53.91% |
| Debt/Equity Ratio | 121.3% |
How did SFBS perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield21%
Payout RatioValuation
Is ServisFirst Bancshares undervalued compared to its fair value and its price relative to the market?
14.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SFBS ($80.73) is trading below our estimate of fair value ($94.73)
Significantly Below Fair Value: SFBS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SFBS is poor value based on its PE Ratio (21.4x) compared to the US Banks industry average (10.7x).
PE vs Market: SFBS is poor value based on its PE Ratio (21.4x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: SFBS is poor value based on its PEG Ratio (3.7x)
Price to Book Ratio
PB vs Industry: SFBS is overvalued based on its PB Ratio (3.9x) compared to the US Banks industry average (1.1x).
Future Growth
How is ServisFirst Bancshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
5.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFBS's forecast earnings growth (5.8% per year) is above the savings rate (2%).
Earnings vs Market: SFBS's earnings (5.8% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: SFBS's earnings are forecast to grow, but not significantly.
Revenue vs Market: SFBS's revenue (7.9% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: SFBS's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFBS's Return on Equity is forecast to be low in 3 years time (16.6%).
Past Performance
How has ServisFirst Bancshares performed over the past 5 years?
18.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFBS has high quality earnings.
Growing Profit Margin: SFBS's current net profit margins (53.9%) are higher than last year (51.8%).
Past Earnings Growth Analysis
Earnings Trend: SFBS's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: SFBS's earnings growth over the past year (28.4%) exceeds its 5-year average (18.4% per year).
Earnings vs Industry: SFBS earnings growth over the past year (28.4%) underperformed the Banks industry 43%.
Return on Equity
High ROE: SFBS's Return on Equity (18.4%) is considered low.
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
Financial Institutions Analysis
Asset Level: SFBS's Assets to Equity ratio (13.1x) is moderate.
Allowance for Bad Loans: SFBS has a sufficient allowance for bad loans (753%).
Low Risk Liabilities: 90% of SFBS's liabilities are made up of primarily low risk sources of funding.
Loan Level: SFBS has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: SFBS's Loans to Deposits ratio (72%) is appropriate.
Level of Bad Loans: SFBS has an appropriate level of bad loans (0.2%).
Dividend
What is ServisFirst Bancshares's current dividend yield, its reliability and sustainability?
0.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SFBS's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: SFBS's dividend (0.99%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SFBS has been paying a dividend for less than 10 years.
Growing Dividend: SFBS's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.1%), SFBS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SFBS's dividends in 3 years are forecast to be well covered by earnings (21.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.8yrs
Average management tenure
CEO
Tom Broughton (66 yo)
14.83yrs
Tenure
US$1,560,626
Compensation
Mr. Thomas Ashford Broughton III, also known as Tom, has been the Chief Executive Officer, President and Director of ServisFirst Bancshares, Inc. since 2007 and has been its Chairman since January 1, 2019....
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD1.56M) is below average for companies of similar size in the US market ($USD5.20M).
Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SFBS's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Experienced Board: SFBS's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SFBS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ServisFirst Bancshares, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: ServisFirst Bancshares, Inc.
- Ticker: SFBS
- Exchange: NYSE
- Founded: 2005
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$4.376b
- Shares outstanding: 54.21m
- Website: https://www.servisfirstbank.com
Number of Employees
Location
- ServisFirst Bancshares, Inc.
- 2500 Woodcrest Place
- Birmingham
- Alabama
- 35209
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/27 23:24 |
| End of Day Share Price | 2021/11/26 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.