FB Financial’s fair value was held nearly steady despite a sharp increase in its forward P/E multiple and a notable reduction in revenue growth forecasts, with the consensus analyst price target edging up only slightly from $58.60 to $59.00.
What's in the News
- FB Financial completed the repurchase of 1,373,670 shares for $56.84 million under the buyback program announced in March 2024, totaling 2.95% of shares outstanding.
- Net charge-offs for Q2 2025 were $0.5 million, representing 0.02% of average loans held for investment, down from 0.14% in the prior quarter.
- Southern States Bancshares merged with FB Financial, with FB Financial as the surviving corporation; Southern States Bank was also merged into FirstBank. FB Financial's charter and bylaws remain in effect post-merger.
Valuation Changes
Summary of Valuation Changes for FB Financial
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from $58.60 to $59.00.
- The Future P/E for FB Financial has significantly risen from 8.82x to 11.97x.
- The Consensus Revenue Growth forecasts for FB Financial has significantly fallen from 42.2% per annum to 31.8% per annum.
Disclaimer
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