May 27, 2015
ServisFirst Bank Deemed Top National Mid-Tier Bank by American Banker
ServisFirst Bank the only Alabama bank to be recognized nationally
Birmingham, AL -
ServisFirst Bank, a subsidiary of ServisFirst Bancshares, Inc. (NASDAQ: SFBS) is ranked 13th in American Banker’s list of Mid-tier Performers with $2 Billion to $10 Billion of Assets in the U.S. The criterion is based on three-year average returns on equity (ROAE) for 2012-2014. ServisFirst had a three-year average ROAE of 15.40 percent and is the only bank headquartered in Alabama included in the ranking.
American Banker uses regulatory data to determine the rankings. Since those registered as subchapter S corporations are not subject to federal corporate income tax, data is adjusted accordingly to allow for fair comparison with peers.
“It is an honor for ServisFirst Bank to again be recognized as a top performer among its peers,” said Tom Broughton, CEO and President, ServisFirst Bank. “Our commitment to always putting our customers and their needs first has brought us the success we are able to enjoy today.”
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.