ServisFirst Bancshares reported diluted earnings per share of $1.58 for the quarter ended December 31, 2025, representing a 33% increase year-over-year and a 32% sequential gain. Full-year diluted EPS reached $5.06, up 22% from 2024, while adjusted diluted EPS of $5.25 rose 26%. Revenue for the fourth quarter totaled $162.2 million, surpassing consensus estimates by over $7 million, and drove a price-to-sales multiple of approximately 4.17. Net income available to common shareholders was $86.4 million, a 32.6% increase from the prior year quarter.

The bank’s net interest margin expanded to 3.38%, up 42 basis points year-over-year and 29 basis points sequentially, reflecting disciplined loan pricing and lower funding costs. Commercial and industrial loans grew by $384.9 million during the quarter, translating to an annualized loan growth rate of 12%. Total deposits increased by $675.6 million year-over-year, a 5.0% gain, supported by a 62-basis-point reduction in the cost of interest-bearing deposits to 3.01%. Non-interest income climbed 78% year-over-year to $15.7 million, driven by higher service charges and fee income.

Book value per share rose to $33.87, a 14% increase from year-end 2024, while common equity tier 1 capital to risk-weighted assets improved to 11.65%. Liquidity remained strong with $1.63 billion in cash and equivalents, representing 9% of total assets and no reliance on FHLB advances or brokered deposits. The board approved a 13% increase in the quarterly cash dividend to $0.38. During the quarter, SFBS entered the Texas market with a new commercial banking team, further diversifying its regional footprint and positioning for continued franchise growth.