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ServisFirst Bank's Q2 Earnings Soar on Loan Demand
21 Jul
Summary
- Second-quarter earnings per diluted share rose to $1.57.
- Annualized loan growth exceeded 15% across most regions.
- Florida and Tennessee regions showed the strongest loan growth.
ServisFirst Bancshares reported a strong second quarter for 2026, with net income totaling $85.8 million, or $1.57 per diluted share. This represents a notable increase compared to both the previous quarter and the same period last year. The company's financial performance was bolstered by accelerating loan demand, which contributed to an expanding net interest margin and improved credit metrics.
Chief Executive Officer Tom Broughton highlighted annualized loan growth exceeding 15%, noting broad-based strength across nearly all of ServisFirst's 13 regions. The company experienced particularly strong growth in its two Florida regions and Tennessee. This expansion was described as granular, meaning it was not dependent on a few large credits, ensuring a diversified and stable growth pattern.
