ServisFirst Bancshares (SFBS) Investor presentation summary

Company overview and growth

• Achieved 24% CAGR in organic asset growth since 2005, reaching $17.6 billion in assets and $1.8 billion in equity as of September 30, 2025.

• Maintained profitability every quarter since inception, with a 16% CAGR in net income for common and 15% CAGR in diluted EPS over the past decade.

• Tangible book value has grown at a 17% CAGR, and stock price increased over 5,000% since 2005.

• Dividend has increased annually since IPO in 2014.

• Expanded to 33 branches across the Southeast, with a focus on metropolitan markets.

Business model and strategy

• Operates a simple, scalable, and decentralized model focused on loans and deposits, with limited branch footprint and strong use of technology.

• Regional CEOs drive revenue and are empowered for local decision-making, supported by centralized risk management.

• Targets mid-market commercial clients, professionals, and affluent consumers, emphasizing C&I and owner-occupied CRE lending.

• Growth strategy centers on hiring top bankers in attractive markets and opportunistic expansion in the South.

Financial performance and efficiency

• Maintains a core efficiency ratio of 34.56% and a net interest margin of 3.04% as of September 30, 2025.

• Adjusted ROAA at 1.52% and adjusted ROAE at 15.85% for the nine months ended September 30, 2025.

• Consistent earnings growth, with net income available to common stockholders reaching $190.2 million for the period.

• Loan portfolio reached $13.3 billion, with $706 million YTD growth, and deposit base at $17.6 billion.