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Servisfirst Bancshares (Servisfirst Bancshares) Net Interest Margin (Bank Only) % : 3.02% (As of Dec. 2023)


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What is Servisfirst Bancshares Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Servisfirst Bancshares's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $406.7 Mil. Servisfirst Bancshares's average earning assets for the quarter that ended in Dec. 2023 was $13,489.7 Mil. Therefore, Servisfirst Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 3.02%.


Servisfirst Bancshares Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Servisfirst Bancshares's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Servisfirst Bancshares Net Interest Margin (Bank Only) % Chart

Servisfirst Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 3.90 3.83 3.92 3.07

Servisfirst Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.28 3.04 2.95 3.02 3.00

Competitive Comparison of Servisfirst Bancshares's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Servisfirst Bancshares's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Servisfirst Bancshares's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Servisfirst Bancshares's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Servisfirst Bancshares's Net Interest Margin (Bank Only) % falls into.



Servisfirst Bancshares Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Servisfirst Bancshares's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=410.937/( (13231.463 + 13504.234)/ 2 )
=410.937/13367.8485
=3.07 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=9.249 + 11543.278 + 1678.936
=13231.463

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=110.801 + 11510.586 + 1882.847
=13504.234

Servisfirst Bancshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=406.748/( (13475.178 + 13504.234)/ 2 )
=406.748/13489.706
=3.02 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=101.261 + 11495.216 + 1878.701
=13475.178

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=110.801 + 11510.586 + 1882.847
=13504.234

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Servisfirst Bancshares  (NYSE:SFBS) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Servisfirst Bancshares Net Interest Margin (Bank Only) % Related Terms

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Servisfirst Bancshares (Servisfirst Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
2500 Woodcrest Place, Birmingham, AL, USA, 35209
Servisfirst Bancshares Inc is a bank holding company. It originates commercial, consumer and other loans and accepts deposits, provides electronic banking services, such as online and mobile banking, including remote deposit capture, delivers treasury and cash management services, and provides banking services to other financial institutions. The company offers a range of products and services which include telephone banking, direct deposit, Internet banking, mobile banking, boxes, and automatic account transfers.
Executives
Rodney Eldon Rushing officer: EVP-Correspondent Banking 2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Kirk Pressley officer: EVP, Strategic Planning 2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Thomas A Broughton director, officer: President and CEO 4229 OLD BROOK TRAIL, BIRMINGHAM AL 35243
Irma Loya Tuder director 116 CLIFTS COVE, MADISON AL 35758
Smith Hatton C.v. director 160 CLEAGE DRIVE, BIRMINGHAM AL 35217
Elizabeth Bugg Holloway director 7 MONTCREST DRIVE, BIRMINGHAM AL 35213
James J Filler director 2964 SHOOK HILL PARKWAY, BIRMINGHAM AL 35223
William M Foshee officer: EVP & CFO 5120 STRATFORD ROAD, BIRMINGHAM AL 35242
J. Richard Cashio director 3200 STERLING ROAD, BIRMINGHAM AL 35213
Henry Fulbrook Abbott officer: SVP, Chief Credit Officer 2500 WOODCREST PLACE, BIRMINGHAM AL 35209
Andrew N Kattos officer: EVP, Huntsville Pres. of Bank P. O. BOX 18127, HUNTSVILLE AL 35804
G. Carlton Barker officer: EVP, Montgomery Pres. of Bank P. O. BOX 4008, MONTGOMERY AL 36104
Pouncey Clarence C. Iii officer: Executive VP and COO P. O. BOX 1508, BIRMINGHAM AL 35201-1508
Morris Buford Harrison Iii officer: EVP - Regional CEO 3207 FOXRIDGE ROAD, DOTHAN AL 36303
Rex D Mckinney officer: CEO - ServisFirst Bk Pensacola SERVISFIRST BANK, 316 S BAYLEN ST, STE 100, PENSACOLA FL 35202

Servisfirst Bancshares (Servisfirst Bancshares) Headlines