ServisFirst director Cashio sells $1.03m in shares By Investing.com

Cashio J. Richard, a director at ServisFirst Bancshares, Inc. (), disposed of common stock totaling $1,028,445 on July 31, 2026, according to a recent SEC Form 4 filing.

The transaction involved the sale of 11,500 shares. The shares were sold at a weighted average price of $89.43, with individual sales occurring in a price range from $89.40 to $89.55 per share. The timing is notable as the stock is trading near its 52-week high of $90.64, according to InvestingPro data, which also indicates the stock remains undervalued based on its Fair Value analysis.

Following the reported transaction, Mr. Cashio directly holds 387,113 shares of ServisFirst Bancshares, Inc. common stock. This total includes 788 restricted stock awards that are scheduled to vest 100% one year from their award date of May 18, 2026. Additionally, Mr. Cashio indirectly beneficially owns 98,700 shares through his wife and 28,752 shares through his daughter. For deeper insights into SFBS’s valuation and financial health, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, ServisFirst Bancorp reported its second-quarter 2026 earnings, meeting Wall Street’s forecast with $1.57 per share. The company’s revenue slightly exceeded expectations, reaching $168.53 million. Investors have shown interest in the bank’s strong operating trends, which include faster loan growth and a wider net interest margin. Additionally, ServisFirst Bancorp achieved an efficiency ratio below 30%, further highlighting its operational strength. These developments have drawn attention from the financial community, reflecting positively on the company’s recent performance.

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