March 26, 2020
ServisFirst Bancshares, Inc. Ranked Among Top US Large Community Banks by S&P Global Market Intelligence
Birmingham, AL -
ServisFirst Bancshares, Inc., (NASDAQ: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announced it has been ranked as one of the best-performing US community banks of 2019 with assets between $3 billion and $10 billion. ServisFirst Bank was one of the fifty banks and thrifts selected among 155 companies across the country that was eligible for ranking. ServisFirst Bank has been listed among the best performing community banks since 2010. Of the top 50 banks listed, ServisFirst Bank is the only bank located in Alabama.
S&P Global Market Intelligence used six metrics to identify top-performing U.S. community banks between $3 billion to $10 billion in asset size: pretax return on average tangible common equity, net charge-offs as a percentage of average loans, efficiency ratio, adjusted Texas ratio, net interest margin, and loan growth.