ServisFirst Bancshares, Inc. (NYSE: SFBS) announced on October 14, 2026, that its Board of Directors has approved a stock repurchase program. This marks the company's first-ever authorization for the repurchase of its common stock.
Under the terms of the program, ServisFirst is permitted to repurchase up to two million shares of its outstanding common stock. The repurchases are scheduled to be conducted through December 31, 2027. The company indicated that the repurchases may be executed from time to time in the open market at prevailing prices, subject to market conditions, or through privately negotiated transactions.
The company stated that the program reflects the Board's confidence in ServisFirst's financial strength, capital position, and long-term growth prospects. It also highlights the Board's commitment to capital management tools aimed at maximizing shareholder value.
ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary, ServisFirst Bank, the company provides business and personal financial services across multiple states, including Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas, and Virginia.
