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.
ABOUT
SERVISFIRST BANK
ServisFirst
is a full-service commercial bank focused on commercial banking, correspondent
banking, cash management, private banking and the professional consumer market,
emphasizing competitive products, state of the art technology and a focus on
quality service. The Bank offers sophisticated cash management products, internet
banking, home mortgage lending, remote deposit express banking, and highly
competitive rates.
ServisFirst Bank
was formed in May 2005, and has offices in Atlanta, Birmingham, Charleston,
Dothan, Huntsville, Mobile, Montgomery, Nashville, Pensacola, Sarasota, and
Tampa Bay. In April 2015 and annually thereafter, ServisFirst Bank has earned
investment-grade ratings and a stable outlook from Kroll Bond Rating Agency
(KBRA), which measures companies’ financial fundamentals. ServisFirst
Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange
Commission (SEC). Copies of its filings may be obtained at www.servisfirstbancshares.com.