ServisFirst Bancshares, Inc. (SFBS) Key Metrics
SFBS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $4.30B
- Enterprise value
- $5.57B
- P/E (TTM)
- 13.4 10-yr median 12.5
- Forward P/E
- 22.6
- PEG ratio
- —
- Price / sales
- 7.4 10-yr median 4.5
- Price / book
- 2.3 10-yr median 2.1
- EV / EBITDA
- — 10-yr median 9.1
- Dividend yield
- 1.93% $0.76 a year
- Beta
- 0.91
SFBS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSFBS valuation Price multiples at each fiscal year-end price.
SFBS returns How much profit the business earns on the capital it uses.
SFBS per-share figures Results divided by the shares outstanding at year-end.
SFBS financial health Debt, liquidity and how easily interest is covered.
SFBS efficiency & capital use Working capital cycle and where the cash goes.
SFBS valuation history
SFBS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SFBS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SFBS cash returned to shareholders
SFBS price vs earnings per share
SFBS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.92B | $4.63B | $3.63B | $3.76B | $2.31B | $1.09B | $1.02B | $1.73B | $1.12B | $1.00B |
| Enterprise value | $4.27B | $3.87B | $2.10B | $3.98B | −$913.9M | −$1.08B | $268.2M | $1.03B | $412.0M | $424.1M |
| P/E ratio | 14.2 | 20.4 | 17.6 | 14.9 | 11.1 | 6.4 | 6.8 | 12.6 | 12.1 | 12.3 |
| Price / sales | 3.9 | 4.7 | 4.5 | 6.5 | 5.3 | 2.6 | 2.5 | 5.0 | 4.1 | 4.5 |
| Price / book | 2.1 | 2.9 | 2.5 | 2.9 | 2.0 | 1.1 | 1.2 | 2.4 | 1.8 | 1.9 |
| Price / free cash flow | 11.2 | 18.7 | 18.8 | 14.0 | 9.0 | 5.8 | 6.3 | 10.4 | 11.5 | 13.1 |
| Price / operating cash flow | 11.0 | 18.3 | 18.4 | 13.8 | 8.7 | 5.7 | 6.2 | 10.3 | 9.5 | 10.2 |
| EV / sales | 4.2 | 4.0 | 2.6 | 6.9 | -2.1 | -2.6 | 0.7 | 3.0 | 1.5 | 1.9 |
| EV / EBITDA | 12.3 | 13.6 | 691.0 | 12.7 | — | — | 1.4 | 6.0 | 2.9 | 3.7 |
| EV / free cash flow | 12.2 | 15.6 | 10.9 | 14.8 | — | — | 1.7 | 6.2 | 4.2 | 5.6 |
| Earnings yield | 7.0% | 4.9% | 5.7% | 6.7% | 9.0% | 15.5% | 14.6% | 7.9% | 8.3% | 8.1% |
| Free cash flow yield | 8.9% | 5.4% | 5.3% | 7.2% | 11.1% | 17.3% | 15.9% | 9.6% | 8.7% | 7.6% |
| Dividend yield | 1.9% | 1.4% | 1.3% | 1.0% | 1.4% | 2.6% | 2.4% | 1.2% | 0.9% | 0.8% |
| Shareholder yield (dividends + buybacks) | 1.9% | 1.4% | 1.3% | 1.0% | 1.4% | 2.6% | 2.4% | 1.3% | 0.9% | 0.8% |
| Share price at fiscal year-end | $35.90 | $42.37 | $33.31 | $34.45 | $42.47 | $20.14 | $18.84 | $15.94 | $20.75 | $18.72 |
| Per share | ||||||||||
| Revenue per share | $9.31 | $8.94 | $7.46 | $5.32 | $8.04 | $7.63 | $7.59 | $3.16 | $5.09 | $4.16 |
| Earnings per share | $2.53 | $2.08 | $1.90 | $2.31 | $3.82 | $3.13 | $2.76 | $1.26 | $1.72 | $1.52 |
| Operating cash flow per share | $3.25 | $2.31 | $1.81 | $2.50 | $4.89 | $3.53 | $3.04 | $1.55 | $2.19 | $1.84 |
| Free cash flow per share | $3.19 | $2.27 | $1.77 | $2.47 | $4.72 | $3.49 | $2.99 | $1.53 | $1.80 | $1.42 |
| Cash per share | $10.65 | $25.79 | $26.19 | $13.38 | $91.97 | $57.11 | $23.83 | $9.68 | $14.34 | $19.51 |
| Book value per share | $16.92 | $14.79 | $13.20 | $11.90 | $21.16 | $18.31 | $15.58 | $6.60 | $11.23 | $9.75 |
| Tangible book value per share | $16.79 | $14.66 | $12.95 | $11.65 | $20.66 | $17.80 | $15.06 | $6.34 | $10.70 | $9.22 |
| Dividends per share | $0.67 | $0.60 | $0.42 | $0.34 | $0.60 | $0.52 | $0.45 | $0.19 | $0.19 | $0.15 |
| Capex per share | $0.05 | $0.04 | $0.04 | $0.03 | $0.17 | $0.04 | $0.04 | $0.02 | $0.39 | $0.41 |
| Debt per share | $13.78 | $18.84 | $12.12 | $15.44 | $32.71 | $16.96 | $9.95 | $3.26 | $1.20 | $8.70 |
| Shares outstanding | 109.3M | 109.3M | 109.1M | 109.1M | 54.4M | 54.2M | 54.1M | 108.3M | 54.1M | 53.6M |
| Change in shares outstanding | +0.0% | +0.2% | 0.0% | +100.4% | +0.4% | +0.2% | −50.1% | +100.2% | +1.0% | +1.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 16.0% | 14.9% | 15.1% | 20.5% | 19.4% | 18.5% | 19.2% | 20.7% | 16.5% | 16.8% |
| Return on invested capital (ROIC) | 18.1% | 59.7% | — | — | — | — | 267.8% | — | — | — |
| Return on assets (ROA) | 1.6% | 1.4% | 1.3% | 1.7% | 1.5% | 1.6% | 1.8% | 1.8% | 1.4% | 1.4% |
| Return on tangible assets | 1.6% | 1.3% | 1.3% | 1.7% | 1.3% | 1.4% | 1.7% | 1.7% | 1.3% | 1.3% |
| Free cash flow margin | 34.3% | 25.4% | 23.8% | 46.3% | 58.7% | 45.7% | 39.4% | 48.5% | 35.3% | 34.2% |
| Income quality (OCF / net income) | 1.28 | 1.11 | 0.95 | 1.08 | 1.28 | 1.13 | 1.10 | 1.23 | 1.27 | 1.21 |
| Financial health | ||||||||||
| Total debt | $1.51B | $2.06B | $1.32B | $1.68B | $1.78B | $919.3M | $538.5M | $353.4M | $65.0M | $466.5M |
| Cash & short-term investments | $1.16B | $2.82B | $2.86B | $1.46B | $5.01B | $3.10B | $1.29B | $1.05B | $776.1M | $1.05B |
| Net debt | $342.4M | −$760.1M | −$1.53B | $224.2M | −$3.23B | −$2.18B | −$751.1M | −$694.8M | −$711.1M | −$579.5M |
| Debt / equity | 0.81 | 1.27 | 0.92 | 1.30 | 1.55 | 0.93 | 0.64 | 0.49 | 0.11 | 0.89 |
| Debt / assets | 0.08 | 0.12 | 0.08 | 0.12 | 0.12 | 0.08 | 0.06 | 0.04 | 0.01 | 0.07 |
| Net debt / EBITDA | 0.99 | −2.68 | −505.43 | 0.72 | −12.52 | −9.97 | −3.94 | −4.03 | −5.07 | −5.09 |
| Current ratio | 0.28 | 0.19 | 0.20 | 0.11 | 370.15 | 254.30 | 110.26 | 0.15 | 129.74 | 112.48 |
| Quick ratio | 0.28 | 0.19 | 0.20 | 0.11 | 682.82 | 437.30 | 165.98 | 0.25 | 128.40 | 111.35 |
| Interest coverage | 0.8 | 0.6 | 0.0 | 3.5 | 8.0 | 4.2 | 1.8 | 2.6 | 3.9 | 4.3 |
| Working capital | −$2.99B | −$12.68B | −$11.64B | −$11.68B | $5.03B | $3.12B | $1.30B | −$6.14B | $640.0M | $490.6M |
| Invested capital | $2.19B | $856.2M | −$95.1M | $1.52B | −$2.07B | −$1.18B | $91.6M | $19.9M | −$103.5M | −$56.6M |
| Tangible asset value | $1.84B | $1.60B | $1.41B | $1.27B | $1.12B | $965.3M | $814.9M | $687.2M | $579.3M | $494.3M |
| Net current asset value | −$14.71B | −$12.85B | −$11.77B | −$11.79B | −$9.26B | −$7.81B | −$6.79B | −$6.22B | −$5.83B | −$5.35B |
| Graham number | $31.03 | $26.30 | $23.73 | $24.84 | $42.63 | $35.90 | $31.09 | $13.70 | $20.84 | $18.26 |
| Graham net-net per share | −$134.15 | −$117.76 | −$107.79 | −$108.21 | −$209.31 | −$164.95 | −$131.75 | −$60.75 | −$104.94 | −$89.30 |
| Capital allocation | ||||||||||
| Dividends paid | $73.2M | $65.5M | $45.8M | $37.5M | $32.6M | $28.3M | $24.1M | $20.3M | $10.1M | $7.9M |
| Share buybacks (net) | — | — | $2.0M | $1.1M | $0 | $0 | $0 | $2.4M | $0 | $0 |
| Dividend payout ratio | 26.5% | 28.8% | 22.1% | 14.9% | 15.7% | 16.7% | 16.2% | 14.8% | 10.9% | 9.7% |
| Dividends + buybacks / free cash flow | 21.0% | 26.4% | 24.7% | 14.4% | 12.7% | 15.0% | 14.9% | 13.6% | 10.4% | 10.4% |
| Capex / revenue | 0.6% | 0.5% | 0.5% | 0.6% | 2.2% | 0.6% | 0.6% | 0.7% | 7.7% | 10.0% |
| Capex / operating cash flow | 1.7% | 1.8% | 2.0% | 1.3% | 3.5% | 1.2% | 1.4% | 1.4% | 17.9% | 22.5% |
| Capex / depreciation | 1.26 | 0.97 | 0.88 | 0.89 | 2.15 | 0.56 | 0.60 | 0.63 | 7.44 | 7.26 |
| Stock-based compensation / revenue | 0.3% | 0.4% | 0.4% | 0.6% | 0.4% | 0.3% | 0.3% | 0.2% | 0.4% | 0.5% |
| SG&A / revenue | 10.8% | 11.1% | 10.5% | 14.4% | 17.0% | 16.1% | 15.1% | 16.6% | 19.1% | 21.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 22.4 | 22.8 | 24.1 | 26.2 | 29.9 | 27.8 | 22.4 | 23.8 | 24.2 | 24.1 |
| Days of inventory on hand | — | — | 353.0 | -6,165.7 | -18,771.6 | -5,704.0 | -1,996.5 | -1,506.3 | 36.4 | 48.3 |
| Days payables outstanding | 21.6 | 19.5 | 252.7 | 46.7 | 74.8 | 47.4 | 32.4 | 32.8 | 29.2 | 31.5 |
| Cash conversion cycle (days) | 0.8 | 3.3 | 124.5 | -6,186.2 | -18,816.5 | -5,723.6 | -2,006.5 | -1,515.3 | 31.4 | 40.9 |
| Receivables turnover | 16.31 | 16.02 | 15.12 | 13.94 | 12.21 | 13.12 | 16.31 | 15.32 | 15.10 | 15.13 |
| Payables turnover | 16.91 | 18.75 | 1.44 | 7.82 | 4.88 | 7.70 | 11.27 | 11.12 | 12.50 | 11.58 |
| Inventory turnover | — | — | 1.03 | — | — | — | — | — | 10.02 | 7.55 |
| Asset turnover | 0.06 | 0.06 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Average receivables | $62.4M | $61.0M | $53.8M | $41.6M | $35.8M | $31.6M | $25.2M | $22.4M | $18.2M | $14.7M |
| Average payables | $29.0M | $27.8M | $23.1M | $16.1M | $13.0M | $12.1M | $11.2M | $7.7M | $4.7M | $3.4M |
| Average inventory | — | — | $32.2M | −$2.13B | −$3.26B | −$1.46B | −$688.1M | −$352.2M | $5.8M | $5.2M |
| Intangibles / total assets | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | 0.2% | 0.3% | 0.4% | 0.4% | 0.4% |
Computed from SFBS's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SFBS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), ServisFirst Bancshares traded at 14.2 times earnings, against a 10-year median of 12.5. Based on the latest twelve months, the trailing P/E is 13.4 and the forward P/E is 22.6. ServisFirst Bancshares earned a return on equity of 16.0% and a return on invested capital of 18.1% in fiscal 2025. It ended the year with $1.5 billion of debt and $1.2 billion in cash and short-term investments, net debt of $342.4 million. It returned $73.2 million to shareholders: $73.2 million in dividends and $0 in share buybacks, 21% of free cash flow. The share count rose 103.9% from 53.6M to 109.3M over 9 years.
See the SFBS income statement, the SFBS chart for price history, or the SFBS stock overview for the latest quote and news.
SFBS key metrics FAQ
What is ServisFirst Bancshares's P/E ratio?
ServisFirst Bancshares's trailing P/E ratio is 13.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 22.6. At the end of fiscal 2025 it was 14.2, compared with a 10-year median of 12.5.
What is ServisFirst Bancshares's EV/EBITDA?
ServisFirst Bancshares's enterprise value was 12.3 times EBITDA at the end of fiscal 2025 (enterprise value $4.3 billion, EBITDA $346.9 million).
What is ServisFirst Bancshares's return on equity?
ServisFirst Bancshares's return on equity (ROE) was 16.0% in fiscal 2025: net income of $276.6 million on average shareholders' equity of $1.7 billion.
What is ServisFirst Bancshares's ROIC?
ServisFirst Bancshares's return on invested capital was 18.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does ServisFirst Bancshares have?
ServisFirst Bancshares had total debt of $1.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.81 and $342.4 million of net debt (0.99 times EBITDA).
What is ServisFirst Bancshares's dividend yield?
ServisFirst Bancshares's forward dividend yield is 1.93%. ServisFirst Bancshares paid $73.2 million in dividends in fiscal 2025 ($0.67 per share), a payout ratio of 26.5%.
What is ServisFirst Bancshares's free cash flow yield?
ServisFirst Bancshares generated $349.3 million of free cash flow in fiscal 2025, a free cash flow yield of 8.9% on its market value at year-end ($3.9 billion).
What is ServisFirst Bancshares's current ratio?
ServisFirst Bancshares's current ratio was 0.28 at the end of fiscal 2025: current assets were 0.28 times current liabilities.