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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 16, 2024

 

ServisFirst Bancshares, Inc.
(Exact name of registrant as specified in its charter)

 

Delaware 001-36452 26-0734029
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

 

2500 Woodcrest Place, Birmingham, Alabama 35209
(Address of principal executive offices) (Zip Code)

 

(205) 949-0302
(Registrant’s telephone number, including area code)

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol Name of exchange on which registered
Common SFBS New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 8.01 – Other Events

 

On December 16, 2024, ServisFirst Bancshares, Inc. (“ServisFirst”) announced that the Board of Directors declared a quarterly cash dividend of $0.335 per share, payable on January 10, 2025 to stockholders of record as of January 2, 2025. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01 – Financial Statements and Exhibits.

 

(a)             Not applicable

(b)             Not applicable

(c)             Not applicable

(d)             Exhibits. The following exhibits are included with this Current Report on Form 8-K:

 

Exhibit No.   Description
     
99.1   Press Release dated December 16, 2024.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SERVISFIRST BANCSHARES, INC.
     
     
     
Dated: December 16, 2024 By: /s/ Thomas A. Broughton, III
    Thomas A. Broughton, III
    Chairman, President, and Chief Executive Officer

 

 

Exhibit 99.1

 

 

 

SERVISFIRST BANCSHARES, INC.

INCREASES QUARTERLY CASH DIVIDEND BY 12%

 

 

BIRMINGHAM, AL (Business Wire) – December 16, 2024 – ServisFirst Bancshares, Inc., (NYSE: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announces: At a meeting held on December 16, 2024, its Board of Directors increased the company’s quarterly cash dividend from $0.30 per share to $0.335 per share. The dividend is payable on January 10, 2025 to stockholders of record as of January 2, 2025. ServisFirst has increased its dividend annually since the company went public in 2014.

 

 

About ServisFirst Bancshares, Inc.

 

ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Atlanta, Birmingham, Charleston, Dothan, Huntsville, Mobile, Montgomery, North Carolina, Northwest Florida, Tennessee, Virgina Beach, and West Central Florida. ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbank.com.

 

More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbank.com or by calling (205) 949-0302.

 

Contact: ServisFirst Bank

Davis Mange (205) 949-3420

DMange@servisfirstbank.com

 

 

 

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