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AI brief of an SEC Form 8-K · ServisFirst Bancshares (SFBS)

ServisFirst Q3 net income rises 15% to $59.9 million; CFO Pressley to resign

Mixed Impact 4 of 5 earnings Written later

ServisFirst Bancshares reported third-quarter 2024 net income of $59.9 million, up 14.9% from the second quarter and 12.3% from a year earlier, with diluted earnings per share of $1.10. The company also said CFO Kirk Pressley will resign effective October 31, 2024, and Controller Ed Woodie will become interim CFO on that date, a leadership change shareholders will want to monitor.

Key points

  • Q3 2024 net income $59.9 million, up from $52.1 million in Q2 2024 and $53.3 million in Q3 2023
  • Diluted EPS $1.10, compared with $0.95 in Q2 2024 and $0.98 in Q3 2023
  • Net interest margin 2.84%, up from 2.79% in Q2 2024
  • Kirk Pressley resigns as CFO and EVP effective October 31, 2024; Ed Woodie, 57, named interim CFO

The filing

CompanyServisFirst Bancshares (SFBS)
Form8-K, current report
Filed with the SECOct 21, 2024, 4:36 PM ET
Accession number0001171843-24-005720

Items reported: 2.02 Results of Operations5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.