March 12, 2019
ServisFirst Bancshares, Inc. Awarded Raymond James Community Bankers Cup
Named Top 4 Community Bank Nationwide
Birmingham, AL -
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) announced today that it has received the 2018 Raymond James Community Bankers Cup, which recognizes the top 10 percent of community banks. For the fifth year in a row, ServisFirst Bancshares has been ranked in the top five community banks. Additionally, ServisFirst Bancshares is the only bank in the Southeast to receive the 2018 award. ServisFirst Bancshares, Inc., with its subsidiary ServisFirst Bank, is a full-service professional business bank headquartered in Birmingham, Alabama, with offices across the Southeast.
ServisFirst Bancshares ranked fourth out of 258 community banks nationwide that are exchange-traded domestic banks with assets between $500 million and $10 billion as of December 31, 2018. Each bank's performance was judged by various metrics regarding profitability, operational efficiency and the balance sheet. The six financial performance and stability measures include nonperforming assets to loans and real estate owned, five-year average core deposit percentage, net interest margin, efficiency ratio, return on average assets and return on average tangible common equity.
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.