April 11, 2016
ServisFirst Bancshares, Inc. Named to KBW Bank Honor Roll of Superior Performers
Recognized for Resilience and Exceptional 10-Year Track Record
Birmingham, AL -
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) has been added to the KBW Bank Honor Roll of superior performers, which recognizes banking institutions that achieved positive earnings per share growth trends over the last decade. This is the first year ServisFirst Bank has been named to this list of banking institutions. Only eighteen out of nearly 400 evaluated banking institutions nationwide qualified for this year’s list.
To be eligible for the KBW Bank Honor Roll, banks with more than $500 million in total assets must have:
“The past decade has witnessed some of the most volatile markets in U.S. banking history, and we are proud to have maintained a strong performance throughout those challenging times,” stated Tom Broughton, President and CEO of ServisFirst Bank. “ServisFirst Bank is, first and foremost, focused on providing excellent customer service and positively impacting the areas it serves. It is a mission that rings true as we are recognized by KBW, and continue to expand throughout the southeast. We owe our customers and shareholders thanks for their continued support and loyalty.”
For the past five years, KBW Bank Honor Roll members have significantly outperformed their banking peers and the market. With median price appreciation of 10.5% compounded annually, the KBW Honor Roll banks significantly outperformed both the BKX's and KRX's 5-year CAGRs of 7.0% and 8.8%, respectively. The KBW Honor Roll banks also modestly outperformed the S&P 500 Index's 5-year CAGR of 10.2%.
The full news release announcing the 2015 KBW Bank Honor Roll can be viewed here: KBW_HonorRoll.pdf
For more information about ServisFirst Bank, please contact Krista Conlin at 205-937-3777. To learn more about ServisFirst Bank, please visit us at www.servisfirstbank.com.
KBW, Inc., a Stifel company, operates in the U.S. and Europe through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette & Woods Limited. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. Founded in 1962, the firm maintains industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.