ServisFirst Bancshares, Inc. (NYSE: SFBS) announced on October 20, 2025 that it earned $65.6 million in net income for the quarter ended September 30, 2025, up from $61.4 million in the prior quarter. Diluted earnings per share rose to $1.20, reflecting a 17.9% year‑over‑year increase. Net interest income reached $133.4 million, a 24.4% rise from $131.7 million in Q2 2025, and the net interest margin expanded to 3.09%.
The bank’s loan portfolio grew to $13.31 billion, up 2.4% year‑over‑year, while deposits increased to $14.11 billion, a 7.1% rise from $13.86 billion in Q2 2025. Non‑performing assets represented 0.96% of total loans, up from 0.42% in the prior quarter, and the allowance for credit losses remained at 1.28% of total loans. Non‑interest income fell to $2.8 million, a decline of $5.7 million from the previous quarter.
Operational highlights include a 3.8‑year payback period for the recent bond‑portfolio restructuring, which involved selling $70.5 million of low‑yield securities at an $8.6 million loss and reinvesting proceeds into higher‑yield assets. The company also increased service‑charge rates on deposit accounts in July 2025, contributing to the decline in non‑interest income. Overall, the results underscore continued margin expansion and disciplined growth in a competitive regional banking environment.
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