State Bank Declares Quarterly Cash Dividend

ATLANTA, Nov. 28, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of State Bank Financial Corporation (Nasdaq:STBZ) today declared a quarterly dividend of $.03 per common share. The dividend will be paid on December 18, 2012 to the common stock shareholders of record as of December 10, 2012.

About State Bank Financial Corporation and State Bank and Trust Company

State Bank Financial Corporation (Nasdaq:STBZ) is the holding company for State Bank and Trust Company, one of Georgia's best-capitalized banks, with approximately $2.64 billion in assets as of September 30, 2012. State Bank has locations in Metro Atlanta and Middle Georgia. State Bank Financial Corporation is headquartered in Atlanta, Georgia and State Bank and Trust Company is headquartered in Macon, Georgia.

State Bank was named the best performing community bank in the United States for 2011 by SNL Financial LC for banks between $500 million and $5 billion in assets. State Bank was also ranked fourth among the 195 banks in the $1 billion-to-$5 billion-asset category of Bank Director magazine's 2012 Bank Performance Scorecard, a ranking of U.S. publicly traded banks and thrifts based on 2011 calendar-year financials.

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CONTACT: Media Contact: David Rubinger 404.502.1240 Investor Relations Contact: David Black 404.266.4490

Source:State Bank Financial Corporation