May 06, 2020
ServisFirst Bancshares, Inc. Awarded Raymond James Community Bankers Cup
Named Top 10 Community Bank Nationwide
Birmingham, AL -
ServisFirst Bancshares, Inc. (NASDAQ: SFBS) announced today that it has received the 2019 Raymond James Community Bankers Cup, which recognizes the top 10 percent of community banks. For the sixth year in a row, ServisFirst Bancshares has been ranked in the top ten community banks.
ServisFirst Bancshares ranked ninth out of 255 community banks nationwide that are exchange-traded domestic banks with assets between $500 million and $10 billion as of December 31, 2019. 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.