Monitor next quarter's credit metrics closely as rising non-performing assets and elevated provision for credit losses could pressure margins despite strong loan growth and NIM expansion.
Price Chart
Executive Summary
ServisFirst Bancshares reported Q1 2026 earnings with diluted EPS of $1.52, a 31% increase year-over-year, driven by net interest margin expansion to 3.53% and strong loan growth of $249M. However, net income declined 4% sequentially due to a $6.7M charge-off and higher provision for credit losses.
Key Financial Metrics
Key Facts
- Q1 2026 diluted EPS of $1.52, up 31% YoY but down 3.8% QoQ
- Net interest margin expanded to 3.53%, up 15 bps QoQ and 61 bps YoY
- Loans grew $249M (7% annualized), deposits grew $268M (8% annualized)
- Net income declined 4% QoQ to $82.97M due to $6.7M charge-off and $10.6M provision for credit losses
- Non-performing assets rose to 1.00% of total assets, up from 0.97% in Q4 2025
Financial Impact
Net income decreased by $3.4M sequentially to $82.97M, while EPS remained strong at $1.52
Risk Factors
- Deteriorating credit quality with non-performing assets increasing to 1.00% of total assets
- Higher provision for credit losses ($10.6M vs $8.1M in Q4 2025) may continue if economic conditions worsen
- Sequential decline in net income despite strong YoY growth raises sustainability concerns
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001171843-26-002569 |
| Exhibit: exh_992.htm | 0001171843-26-002569 |
| Document: f8k_042026.htm | 0001171843-26-002569 |
| Document: 0001171843-26-002569-index-headers.html | 0001171843-26-002569 |
| Document: 0001171843-26-002569-index.html | 0001171843-26-002569 |
| Document: 0001171843-26-002569.txt | 0001171843-26-002569 |
| 8-K Data (Synthetic) | 0001171843-26-002569 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | Institutional Cluster | $41.30 $41.22 | ▼ −0.19% | ▲ +0.33% | $40.69 (−1.49%) |
Oct 19, 2026 8d ago | 8-K | $39.59 $39.79 | ▲ +0.51% | ▼ −0.02% | $40.69 (+2.77%) |
Oct 19, 2026 8d ago | Press Release | $39.59 $39.79 | ▼ −0.51% | ▲ +0.02% | $40.69 (−2.77%) |
Oct 14, 2026 13d ago | 8-K | $39.56 $39.36 | ▼ −0.51% | ▲ +0.60% | $40.69 (+2.84%) |
Sep 29, 2026 27d ago | Press Release | $39.98 | awaiting T+1 | — | $40.69 (+1.76%) |
Sep 21, 2026 5w ago | Press Release | $41.75 $41.17 | ▼ −1.39% | ▼ −0.67% | $40.69 (−2.55%) |
Jul 20, 2026 14w ago | 8-K / PRESS-RELEASE | $87.81 $86.61 | ▼ −1.37% | ▼ −1.25% | $40.69 (−53.67%) |
Jul 20, 2026 14w ago | Press Release | $87.81 $86.61 | ▼ −1.37% | ▼ −1.25% | $40.69 (−53.67%) |
Jun 15, 2026 19w ago | 8-K | $81.67 $79.69 | ▼ −2.42% | ▼ −1.18% | $40.69 (−50.18%) |
Apr 20, 2026 27w ago | 8-K | $79.04 $78.49 | ▼ −0.70% | ▼ −1.71% | $40.69 (−48.53%) |
US Market Status
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