SERVISFIRST BANCSHARES INC (SFBS)
Sector: Financials
Sector: Financials
SERVISFIRST BANCSHARES INC - Executive Compensation
EVP and Chief Financial Officer
Executive Compensation
David A. Sparacio serves as Executive Vice President and Chief Financial Officer of ServisFirst Bancshares, Inc., the holding company for ServisFirst Bank, where he has played a pivotal role since joining the organization in 2009. With over three decades of experience in financial services, Sparacio brings a wealth of expertise in banking operations, regulatory compliance, and strategic financial management. Prior to ServisFirst, he held senior positions at AmSouth Bank (now part of Regions Financial Corporation), including Senior Vice President and Controller, and began his career at PricewaterhouseCoopers, where he honed his skills in auditing and accounting for financial institutions. As CFO, Sparacio oversees all aspects of the company's financial operations, including treasury management, investor relations, SEC reporting, and capital markets activities. He was instrumental in guiding ServisFirst through its successful initial public offering in 2014 on the NYSE under the ticker SFBS, which marked a significant milestone in the company's growth from a de novo bank to a regional powerhouse with assets exceeding $12 billion. His strategic oversight has supported consistent profitability, dividend growth, and expansion into multiple states, earning recognition for sound financial stewardship amid dynamic economic conditions. Sparacio's achievements include fostering robust risk management practices and driving operational efficiencies that have contributed to ServisFirst's strong return on equity and capital ratios, outperforming industry peers. A certified public accountant and active member of the American Bankers Association, he continues to lead the finance team in supporting the company's mission of delivering superior banking services while maintaining a commitment to community reinvestment and shareholder value.