The EPS miss vs consensus is the headline, but underlying credit quality (NPA ratio stable at 0.96%) and margin expansion are supportive. Watch for net charge-off trends (0.21% vs 0.11% linked quarter) and deposit cost trajectory given flat total deposits.
Price Chart
Executive Summary
ServisFirst Bancshares reported Q3 2026 diluted EPS of $0.80, missing the $0.83 consensus estimate by 3.6%, while net income rose 33% YoY to $87.3M. Net interest margin expanded 54 bps YoY to 3.63%, loans grew 10.7% YoY, and the efficiency ratio improved to 30.20%. The EPS miss on consensus expectations is the key negative, partially offset by strong underlying operational trends and the announcement of a new stock repurchase program.
Key Financial Metrics
Key Facts
- Diluted EPS of $0.80 missed consensus of $0.83 (-3.6%)
- Net income $87.3M, up 33.2% YoY from $65.6M
- Net interest margin 3.63%, up 54 bps YoY from 3.09%
- Loans grew 10.7% YoY to $14.74B
- Efficiency ratio improved to 30.20% from 35.22% YoY
- Announced inaugural stock repurchase program of up to 2M shares through Dec 2027
- Provision for credit losses increased to $14.9M from $9.3M YoY
- Noninterest-bearing deposits up 12% YoY; total deposits flat YoY
Financial Impact
EPS miss of $0.03 vs consensus; net income up 33% YoY; NIM expansion of 54 bps YoY
Risk Factors
- EPS miss vs consensus may pressure near-term sentiment
- Provision for credit losses rose 61% YoY to $14.9M
- Net charge-offs increased to 0.21% from 0.11% linked quarter
- Total deposits declined 3.2% linked quarter
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3383861 |
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% | $41.09 (−0.51%) |
Oct 19, 2026 8d ago | 8-K | $39.59 $39.79 | ▲ +0.51% | ▼ −0.02% | $41.09 (+3.79%) |
Oct 19, 2026 8d ago | Press Release | $39.59 $39.79 | ▼ −0.51% | ▲ +0.02% | $41.09 (−3.79%) |
Oct 14, 2026 13d ago | 8-K | $39.56 $39.36 | ▼ −0.51% | ▲ +0.60% | $41.09 (+3.87%) |
Sep 29, 2026 28d ago | Press Release | $39.98 | awaiting T+1 | — | $41.09 (+2.78%) |
Sep 21, 2026 5w ago | Press Release | $41.75 $41.17 | ▼ −1.39% | ▼ −0.67% | $41.09 (−1.58%) |
Jul 20, 2026 14w ago | 8-K / PRESS-RELEASE | $87.81 $86.61 | ▼ −1.37% | ▼ −1.25% | $41.09 (−53.21%) |
Jul 20, 2026 14w ago | Press Release | $87.81 $86.61 | ▼ −1.37% | ▼ −1.25% | $41.09 (−53.21%) |
Jun 15, 2026 19w ago | 8-K | $81.67 $79.69 | ▼ −2.42% | ▼ −1.18% | $41.09 (−49.69%) |
Apr 20, 2026 27w ago | 8-K | $79.04 $78.49 | ▼ −0.70% | ▼ −1.71% | $41.09 (−48.01%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers