ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, such as seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans. It also offers other banking products and services comprising telephone and mobile banking, direct deposit, Internet banking, traveler's checks, safe deposit boxes, attorney trust accounts, automatic account transfers, automated teller machines, and debit card systems, as well as Visa credit cards; treasury and cash management services; wire transfer, night depository, banking-by-mail, and remote capture services; and correspondent banking services to other financial institutions. In addition, the company holds and manages participations in residential mortgages and commercial real estate loans originated by ServisFirst Bank in Alabama, Florida, Georgia, and Tennessee. It operates 23 full-service banking offices located in Alabama, Florida, Georgia, South Carolina, and Tennessee, as well as 2 loan production offices in Florida. The company was founded in 2005 and is headquartered in Birmingham, Alabama.
ServisFirst Bancshares Dividend Announcement
• ServisFirst Bancshares announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-10-08. Ex dividend date: 2024-10-01
• ServisFirst Bancshares annual dividend for 2024 was $0.90
• ServisFirst Bancshares annual dividend for 2023 was $1.14
• ServisFirst Bancshares's trailing twelve-month (TTM) dividend yield is 1.22%
• ServisFirst Bancshares's payout ratio for the trailing twelve months (TTM) is 38.36%
• ServisFirst Bancshares's dividend growth over the last five years (2018-2023) was 18.89% year
ServisFirst Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-01 | $0.30 | quarterly | 2024-10-08 |
2024-07-01 | $0.30 | quarterly | 2024-07-09 |
2024-03-28 | $0.30 | quarterly | 2024-04-09 |
2023-12-29 | $0.30 | quarterly | 2024-01-08 |
2023-09-29 | $0.28 | quarterly | 2023-10-10 |
2023-06-30 | $0.28 | quarterly | 2023-07-10 |
2023-03-31 | $0.28 | quarterly | 2023-04-10 |
2022-12-30 | $0.28 | quarterly | 2023-01-06 |
2022-09-30 | $0.23 | quarterly | 2022-10-07 |
2022-06-30 | $0.23 | quarterly | 2022-07-08 |
2022-03-31 | $0.23 | quarterly | 2022-04-08 |
2021-12-30 | $0.23 | quarterly | 2022-01-07 |
2021-09-30 | $0.20 | quarterly | 2021-10-08 |
2021-06-30 | $0.20 | quarterly | 2021-07-09 |
2021-03-31 | $0.20 | quarterly | 2021-04-09 |
2020-12-30 | $0.20 | quarterly | 2021-01-08 |
2020-09-30 | $0.17 | quarterly | 2020-10-09 |
2020-06-30 | $0.17 | quarterly | 2020-07-10 |
2020-03-31 | $0.17 | quarterly | 2020-04-10 |
2019-12-31 | $0.17 | quarterly | 2020-01-10 |
2019-09-30 | $0.15 | quarterly | 2019-10-11 |
2019-06-28 | $0.15 | quarterly | 2019-07-12 |
2019-03-29 | $0.15 | quarterly | 2019-04-12 |
2018-12-31 | $0.15 | quarterly | 2019-01-11 |
2018-09-28 | $0.11 | quarterly | 2018-10-12 |
2018-06-29 | $0.11 | quarterly | 2018-07-13 |
2018-03-29 | $0.11 | quarterly | 2018-04-13 |
2017-12-29 | $0.05 | quarterly | 2018-01-12 |
2017-09-29 | $0.05 | quarterly | 2017-10-13 |
2017-06-29 | $0.05 | quarterly | 2017-07-14 |
2017-03-31 | $0.05 | quarterly | 2017-04-14 |
2016-12-29 | $0.04 | quarterly | 2017-01-13 |
2016-09-30 | $0.08 | quarterly | 2016-10-14 |
2016-07-06 | $0.08 | quarterly | 2016-07-15 |
2016-04-07 | $0.08 | quarterly | 2016-04-15 |
2016-01-06 | $0.06 | quarterly | 2016-01-15 |
2015-10-06 | $0.06 | quarterly | 2015-10-15 |
2015-07-06 | $0.06 | quarterly | 2015-07-15 |
2015-04-06 | $0.06 | quarterly | 2015-04-15 |
2015-01-06 | $0.05 | quarterly | 2015-01-15 |
2014-10-06 | $0.05 | quarterly | 2014-10-15 |
2014-07-03 | $0.15 | quarterly | 2014-07-15 |
ServisFirst Bancshares Dividend per year
ServisFirst Bancshares Dividend growth
ServisFirst Bancshares Dividend Yield
ServisFirst Bancshares current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing ServisFirst Bancshares stock? Use our calculator to estimate your expected dividend yield:
ServisFirst Bancshares Financial Ratios
ServisFirst Bancshares Dividend FAQ
Other factors to consider when evaluating ServisFirst Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: ServisFirst Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, ServisFirst Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, ServisFirst Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from ServisFirst Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: ServisFirst Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, ServisFirst Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ServisFirst Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of ServisFirst Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review ServisFirst Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.