FB Financial CorpFBK
FBK
About: FB Financial Corp is a bank holding company. The company through its wholly-owned bank subsidiary provides commercial and consumer banking services to clients in select markets in Tennessee, North Alabama, and North Georgia. The company segment includes Banking and Mortgage. It generates revenue from the Banking segment which provides a full range of deposit and lending products and services to corporate, commercial, and consumer customers. The Mortgage segment includes the servicing of residential mortgage loans and the packaging and securitization of loans to governmental agencies.
Employees: 1,591
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
796% more call options, than puts
Call options by funds: $3.87M | Put options by funds: $432K
167% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 15
19% more capital invested
Capital invested by funds: $1.2B [Q2] → $1.43B (+$233M) [Q3]
13% more funds holding
Funds holding: 192 [Q2] → 217 (+25) [Q3]
0.1% more ownership
Funds ownership: 65.34% [Q2] → 65.44% (+0.1%) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 65
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$58
13%
upside
Avg. target
$59
15%
upside
High target
$60
17%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Catherine Mealor 69% 1-year accuracy 24 / 35 met price target | 13%upside $58 | Market Perform Maintained | 4 Dec 2024 |
Hovde Group Brett Rabatin 100% 1-year accuracy 4 / 4 met price target | 17%upside $60 | Market Perform Downgraded | 18 Nov 2024 |
Financial journalist opinion
Positive
Zacks Investment Research
2 weeks ago
3 Banks to Consider as Stock Market Closes November at Record Highs
November 2024 turns out to be the best-performing month. Check out three bank stocks - CADE, FBK and SFBS - that soared in the month and still have room to run.
Positive
Zacks Investment Research
1 month ago
FB Financial (FBK) Is Up 3.47% in One Week: What You Should Know
Does FB Financial (FBK) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
Business Wire
1 month ago
FB Financial Corporation Declares Regular Quarterly Dividend
NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.17 per share. The dividend is payable on November 19, 2024, to shareholders of record as of November 5, 2024. Christopher T. Holmes, President and Chief Executive Officer, commented, “This quarter's dividend marks our 27th consecutive quarter of paying dividends and continues our tradition of delivering consistent value to our shareholders.
Positive
Zacks Investment Research
2 months ago
All You Need to Know About FB Financial (FBK) Rating Upgrade to Strong Buy
FB Financial (FBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Positive
Seeking Alpha
2 months ago
FB Financial: Still Positive On This Dividend Growth Machine
We rate FB Financial Corporation a hold, appreciating its dividend growth and potential for share gains and dividend compounding. Q3 performance showed a 17.8% revenue increase, driven by higher loan yields and increased deposits, despite a one-time securities loss. Total loans and deposits grew, with notable increases in commercial, industrial, and residential loans, although non-performing assets slightly increased.
Neutral
Seeking Alpha
2 months ago
FB Financial Corporation (FBK) Q3 2024 Earnings Call Transcript
FB Financial Corporation (NYSE:FBK ) Q3 2024 Earnings Conference Call October 15, 2024 11:00 AM ET Company Participants Christopher Holmes - President and Chief Executive Officer Michael Mettee - Chief Financial Officer Travis Edmondson - Chief Banking Officer Conference Call Participants Russell Gunther - Stephens Catherine Mealor - KBW Steve Moss - Raymond James Operator Good morning, and welcome to the FB Financial Corporation's Third Quarter 2024 Earnings Conference Call. Hosting the call today from FB Financial are Chris Holmes, President and Chief Executive Officer; and Michael Mettee, Chief Financial Officer.
Positive
Zacks Investment Research
2 months ago
FB Financial (FBK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for FB Financial (FBK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 months ago
FB Financial (FBK) Tops Q3 Earnings Estimates
FB Financial (FBK) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.71 per share a year ago.
Neutral
Business Wire
2 months ago
FB Financial Corporation Reports Third Quarter 2024 Financial Results
NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (the “Company”) (NYSE: FBK), parent company of FirstBank, reported net income of $10.2 million, or $0.22 per diluted common share, for the third quarter of 2024, compared to $0.85 in the previous quarter and $0.41 in the third quarter of last year. Adjusted net income* was $40.1 million, or $0.86 per diluted common share, compared to $0.84 in the previous quarter and $0.71 in the third quarter of last year. The Company ended the third.
Neutral
Zacks Investment Research
2 months ago
What Analyst Projections for Key Metrics Reveal About FB Financial (FBK) Q3 Earnings
Get a deeper insight into the potential performance of FB Financial (FBK) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
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