ServisFirst Bancshares, Inc. Named on Inaugural Best-of-Breed Bison Report By D.A. Davidson
12 Outubro 2023 - 12:42PM
Business Wire
Recognition Highlights Bank’s Commitment to
Excellence
ServisFirst Bank, a subsidiary of ServisFirst Bancshares
(NYSE:SFBS), is pleased to announce its inclusion in the D.A.
Davidson’s Inaugural Best-of-Breed Bison report, a prestigious
recognition that underscores the bank’s commitment to excellence
and long-term success.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231012385495/en/
ServisFirst Bank Headquarters in
Birmingham, Alabama (Photo: Business Wire)
In an inaugural industry report released on September 28, 2023,
D.A. Davidson named ServisFirst Bancshares, Inc. as one of the
first 17 companies that has qualified for the official
Best-of-Breed Bison designation. The Best-of-Breed Bison report, a
department-wide research initiative undertaken by D.A. Davidson,
showcases the highest quality businesses under coverage at D.A.
Davidson within the purview of institutional analysts. Each company
is evaluated by 12 criteria across 5 different categories:
Outstanding Business Opportunity, Enduring Moat, Exceptional
Financials, Shareholder-Oriented Management, and Compelling
Risk/Reward Profile. ServisFirst Bancshares excelled in several
crucial areas of the Best-of-breed Bison methodology, as
highlighted in D.A. Davidson’s report.
"We are honored to receive the prestigious Best-of-Breed Bison
distinction from D.A. Davidson. This recognition reflects our
unwavering commitment to excellence and the exceptional quality of
our services," states Tom Broughton, ServisFirst Bank Chairman,
President and CEO. "This achievement underscores our dedication to
providing value to our clients and shareholders, and it reinforces
our position as a leading financial institution.”
The report noted that “SFBS is an organic growth story that
operates in select Southeastern metro markets – all benefitting
from healthy economic growth, identified key industries and
employers, and in-migration of people and businesses. The bank aims
to continue opportunistic expansion in new metro markets over time…
and, in an industry well known for rapid consolidation over past
decades, SFBS is unique for its steadfast aversion to growth via
acquisitions.”
ServisFirst Bancshares, Inc. stood out in areas such as trading
at a significant discount to intrinsic value, favorable market
dynamics, superior financial performance, and a
shareholder-oriented management team.
For more information regarding ServisFirst Bancshares’ recent
ranking, please contact Krista Conlin at Krista@KCProjects.net. For
more about ServisFirst Bank, please visit
www.servisfirstbank.com.
ABOUT SERVISFIRST BANK
ServisFirst Bank is a full-service commercial bank focused on
commercial banking, correspondent banking, treasury management,
private banking and the professional consumer market, emphasizing
competitive products, state-of-the-art technology and a focus on
quality service. Recently, the Bank announced that its assets
exceed $15 billion. The Bank offers sophisticated treasury
management products, Internet banking, home mortgage lending,
remote deposit express banking, and highly competitive rates.
ServisFirst Bank was formed in May 2005, and has offices in
Atlanta, Birmingham, Charleston, Charlotte, Dothan, Huntsville,
Mobile, Montgomery, Nashville, Northwest Florida, Virginia Beach,
West Central Florida, and Western North Carolina. In April 2015,
and annually thereafter, ServisFirst Bank has earned investment-
grade ratings and a stable outlook from Kroll Bond Rating Agency
(KBRA), which measures companies’ financial fundamentals.
ServisFirst Bancshares, Inc. files periodic reports with the U.S.
Securities and Exchange Commission (SEC). Copies of its filings may
be obtained at www.servisfirstbancshares.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231012385495/en/
Krista Conlin, Krista@KCProjects.net
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