ServisFirst Bancshares Q2 Profit Up 18%
ServisFirst Bancshares (NYSE:SFBS) reported net income of $61.4 million (GAAP) for Q2 2025, which grew 18% year-over-year. However, sequentially, net income was down 3%.
Driving this growth was net interest income, which reached $131.7 million, with an adjusted net interest margin of 3.05%. Annualized net loan growth was 11%.
Management restructured its bond portfolio while reaffirming its stable credit quality. , which it expects to drive near-term net interest margin expansion and incremental non-interest income from merchant and treasury management services.
Source Fool.com
