ServisFirst Bancshares, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 19 - Earnings Per Common Share

Note 19 - Earnings Per Common Share

12 Months Ended

Dec. 31, 2023

NOTE 19. EARNINGS PER COMMON SHARE

Basic earnings per common share are computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per common share include the dilutive effect of additional potential common shares issuable pursuant to the exercise of stock options and vesting of performance shares. The difference in earnings per share under the two-class method was not significant at December 31, 2023, 2022 and 2021.

	Year Ended December 31,
	2023		2022		2021
	(Dollar Amounts In Thousands Except Per Share Amounts)
Earnings Per Share
Weighted average common shares outstanding		54,411,171		54,300,366		54,160,990
Net income available to common stockholders	$	206,791	$	251,442	$	207,672
Basic earnings per common share	$	3.80	$	4.63	$	3.83

Weighted average common shares outstanding		54,411,171		54,300,366		54,160,990
Dilutive effects of assumed exercise of stock options and vesting of performance shares		124,144		234,408		273,583
Weighted average common and dilutive potential common shares outstanding		54,535,315		54,534,774		54,434,573
Net income available to common stockholders	$	206,791	$	251,442	$	207,672
Diluted earnings per common share	$	3.79	$	4.61	$	3.82