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Side-by-side financial comparison of ServisFirst Bancshares, Inc. (SFBS) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.

ServisFirst Bancshares, Inc. is the larger business by last-quarter revenue ($159.0M vs $91.6M, roughly 1.7× SHENANDOAH TELECOMMUNICATIONS CO). ServisFirst Bancshares, Inc. runs the higher net margin — 52.2% vs -5.9%, a 58.1% gap on every dollar of revenue. Over the past eight quarters, ServisFirst Bancshares, Inc.'s revenue compounded faster (17.7% CAGR vs 15.0%).

ServisFirst Bancshares, Inc. is a U.S.-based bank holding company operating full-service banking locations primarily across the Southeastern United States. It offers a full suite of commercial banking, consumer banking, wealth management, and mortgage lending services to small and medium-sized businesses, professional clients, and individual consumers.

Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.

SFBS vs SHEN — Head-to-Head

Bigger by revenue
SFBS
SFBS
1.7× larger
SFBS
$159.0M
$91.6M
SHEN
Higher net margin
SFBS
SFBS
58.1% more per $
SFBS
52.2%
-5.9%
SHEN
Faster 2-yr revenue CAGR
SFBS
SFBS
Annualised
SFBS
17.7%
15.0%
SHEN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SFBS
SFBS
SHEN
SHEN
Revenue
$159.0M
$91.6M
Net Profit
$83.0M
$-5.4M
Gross Margin
Operating Margin
-1.0%
Net Margin
52.2%
-5.9%
Revenue YoY
7.2%
Net Profit YoY
31.2%
-95.8%
EPS (diluted)
$1.52
$-0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SFBS
SFBS
SHEN
SHEN
Q1 26
$159.0M
Q4 25
$162.2M
$91.6M
Q3 25
$136.3M
$89.8M
Q2 25
$132.1M
$88.6M
Q1 25
$131.8M
$87.9M
Q4 24
$131.9M
$85.4M
Q3 24
$123.7M
$87.6M
Q2 24
$114.8M
$85.8M
Net Profit
SFBS
SFBS
SHEN
SHEN
Q1 26
$83.0M
Q4 25
$86.4M
$-5.4M
Q3 25
$65.6M
$-9.4M
Q2 25
$61.4M
$-9.0M
Q1 25
$63.2M
$-9.1M
Q4 24
$65.2M
$-2.7M
Q3 24
$59.9M
$-5.3M
Q2 24
$52.1M
$-12.9M
Operating Margin
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
66.3%
-1.0%
Q3 25
57.8%
-8.0%
Q2 25
58.0%
-10.3%
Q1 25
60.0%
-6.9%
Q4 24
60.2%
-6.7%
Q3 24
58.5%
-4.8%
Q2 24
58.0%
-18.5%
Net Margin
SFBS
SFBS
SHEN
SHEN
Q1 26
52.2%
Q4 25
59.0%
-5.9%
Q3 25
48.1%
-10.5%
Q2 25
46.5%
-10.2%
Q1 25
48.0%
-10.4%
Q4 24
52.9%
-3.2%
Q3 24
48.4%
-6.0%
Q2 24
45.4%
-15.0%
EPS (diluted)
SFBS
SFBS
SHEN
SHEN
Q1 26
$1.52
Q4 25
$1.58
$-0.13
Q3 25
$1.20
$-0.20
Q2 25
$1.12
$-0.19
Q1 25
$1.16
$-0.19
Q4 24
$1.19
$-0.34
Q3 24
$1.10
$-0.13
Q2 24
$0.95
$-0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SFBS
SFBS
SHEN
SHEN
Cash + ST InvestmentsLiquidity on hand
$1.8B
$27.3M
Total DebtLower is stronger
$642.4M
Stockholders' EquityBook value
$1.9B
$880.8M
Total Assets
$18.2B
$1.9B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFBS
SFBS
SHEN
SHEN
Q1 26
$1.8B
Q4 25
$27.3M
Q3 25
$22.6M
Q2 25
$29.1M
Q1 25
$87.5M
Q4 24
$46.3M
Q3 24
$43.1M
Q2 24
$43.8M
Total Debt
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
$642.4M
Q3 25
$535.4M
Q2 25
$513.1M
Q1 25
$515.8M
Q4 24
$418.0M
Q3 24
$345.2M
Q2 24
$297.4M
Stockholders' Equity
SFBS
SFBS
SHEN
SHEN
Q1 26
$1.9B
Q4 25
$1.8B
$880.8M
Q3 25
$1.8B
$892.7M
Q2 25
$1.7B
$902.0M
Q1 25
$1.7B
$910.5M
Q4 24
$1.6B
$918.6M
Q3 24
$1.6B
$925.4M
Q2 24
$1.5B
$933.1M
Total Assets
SFBS
SFBS
SHEN
SHEN
Q1 26
$18.2B
Q4 25
$17.7B
$1.9B
Q3 25
$17.6B
$1.9B
Q2 25
$17.4B
$1.8B
Q1 25
$18.6B
$1.8B
Q4 24
$17.4B
$1.7B
Q3 24
$16.4B
$1.7B
Q2 24
$16.0B
$1.7B
Debt / Equity
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
0.73×
Q3 25
0.60×
Q2 25
0.57×
Q1 25
0.57×
Q4 24
0.46×
Q3 24
0.37×
Q2 24
0.32×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SFBS
SFBS
SHEN
SHEN
Operating Cash FlowLast quarter
$28.8M
Free Cash FlowOCF − Capex
$-78.6M
FCF MarginFCF / Revenue
-85.8%
Capex IntensityCapex / Revenue
117.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-257.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
$355.2M
$28.8M
Q3 25
$140.9M
$30.7M
Q2 25
$67.6M
$20.9M
Q1 25
$48.0M
$20.5M
Q4 24
$252.9M
$20.6M
Q3 24
$84.0M
$24.3M
Q2 24
$48.3M
$2.5M
Free Cash Flow
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
$-78.6M
Q3 25
$-51.4M
Q2 25
$-65.3M
Q1 25
$-62.7M
Q4 24
$-72.0M
Q3 24
$-51.3M
Q2 24
$-78.3M
FCF Margin
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
-85.8%
Q3 25
-57.2%
Q2 25
-73.7%
Q1 25
-71.3%
Q4 24
-84.3%
Q3 24
-58.5%
Q2 24
-91.3%
Capex Intensity
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
117.2%
Q3 25
91.4%
Q2 25
97.3%
Q1 25
94.7%
Q4 24
108.4%
Q3 24
86.2%
Q2 24
94.2%
Cash Conversion
SFBS
SFBS
SHEN
SHEN
Q1 26
Q4 25
4.11×
Q3 25
2.15×
Q2 25
1.10×
Q1 25
0.76×
Q4 24
3.88×
Q3 24
1.40×
Q2 24
0.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SFBS
SFBS

Net Interest Income$148.1M93%
Noninterest Income$10.8M7%

SHEN
SHEN

Residential And SMB Incumbent Broadband$41.5M45%
Residential And SMB Glo Fiber Expansion Markets$23.0M25%
Commercial Fiber$20.3M22%
RLEC Other$6.8M7%

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