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FB Financial NYSE:FBK Stock Report

Last Price

US$51.48

Market Cap

US$2.4b

7D

-6.6%

1Y

28.6%

Updated

22 Dec, 2024

Data

Company Financials +

FB Financial Corporation

NYSE:FBK Stock Report

Market Cap: US$2.4b

FBK Stock Overview

Operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. More details

FBK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 18.4% below our estimate of its fair value

Earnings are forecast to grow 24.43% per year

Risk Analysis

No risks detected for FBK from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 5 Analysts

Strong Economies And Demographic Trends Will Boost Bank's Future Prospects

Key Takeaways Strong local economies and demographic trends drive FB Financial's positive growth outlook in loans and deposits, enhancing revenue. Strategic expansion and capital leverage aim to boost earnings, with potential benefits from future interest rate decreases.
View narrative
US$57.50
FV
10.5% undervalued intrinsic discount
14.86%
Revenue growth p.a.
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3 days ago author updated this narrative

FB Financial Corporation Competitors

Heartland Financial USA

NasdaqGS:HTLF

US$2.7b

WesBanco

NasdaqGS:WSBC

US$2.2b

Provident Financial Services

NYSE:PFS

US$2.5b

Triumph Financial

NasdaqGS:TFIN

US$2.1b

Price History & Performance

Summary of share price highs, lows and changes for FB Financial
Historical stock prices
Current Share PriceUS$51.48
52 Week HighUS$58.88
52 Week LowUS$33.35
Beta1.15
1 Month Change-9.03%
3 Month Change8.58%
1 Year Change28.64%
3 Year Change18.70%
5 Year Change30.26%
Change since IPO148.10%

Recent News & Updates

Recent updates

FB Financial: Still Positive On This Dividend Growth Machine

Oct 16

FB Financial Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Jul 18
FB Financial Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

FB Financial Surges On A Strong Quarter, Solid Dividend Growth Investment

Jul 16

FB Financial: Lock In Those Gains And Run A House Position (Rating Downgrade)

Jan 16

FB Financial Is Struggling, But We See A Trough Ahead

Oct 17

FB Financial's (NYSE:FBK) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 05
FB Financial's (NYSE:FBK) Shareholders Will Receive A Bigger Dividend Than Last Year

FB Financial Q2 Earnings Merit A Holding Pattern

Jul 19

FB Financial's FirstBank invests in fintech Zippy to boost affordable housing access

Feb 15

FB Financial lifts dividend by 15.4% to $0.15/share

Jan 26

FB Financial Non-GAAP EPS of $0.85 beats by $0.06, revenue of $127.97M misses by $8.93M

Jan 17

FB Financial stock slides after Piper Sandler cuts stock to Neutral on NIM guidance

Dec 13

FB Financial declares $0.13 dividend

Oct 28

FB Financial Non-GAAP EPS of $0.68 misses by $0.12, revenue of $133.98M misses by $5.83M

Oct 17

Do FB Financial's (NYSE:FBK) Earnings Warrant Your Attention?

Aug 21
Do FB Financial's (NYSE:FBK) Earnings Warrant Your Attention?

FB Financial declares $0.13 dividend

Jul 29

FB Financial Non-GAAP EPS of $0.64 misses by $0.15, revenue of $135.38M misses by $4.97M

Jul 18

If You Like EPS Growth Then Check Out FB Financial (NYSE:FBK) Before It's Too Late

May 12
If You Like EPS Growth Then Check Out FB Financial (NYSE:FBK) Before It's Too Late

Is Now The Time To Put FB Financial (NYSE:FBK) On Your Watchlist?

Jan 10
Is Now The Time To Put FB Financial (NYSE:FBK) On Your Watchlist?

Shareholder Returns

FBKUS BanksUS Market
7D-6.6%-3.4%-2.4%
1Y28.6%29.1%23.4%

Return vs Industry: FBK matched the US Banks industry which returned 29.1% over the past year.

Return vs Market: FBK exceeded the US Market which returned 23.4% over the past year.

Price Volatility

Is FBK's price volatile compared to industry and market?
FBK volatility
FBK Average Weekly Movement6.2%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: FBK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FBK's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19061,591Chris Holmeswww.firstbankonline.com

FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. The company operates in segments, such as Banking and Mortgage. It offers checking, demand, money market, and savings accounts; deposit and lending products and services to corporate, commercial, and consumer customers; and time deposits and certificates of deposits, as well as residential mortgage loans.

FB Financial Corporation Fundamentals Summary

How do FB Financial's earnings and revenue compare to its market cap?
FBK fundamental statistics
Market capUS$2.40b
Earnings (TTM)US$107.52m
Revenue (TTM)US$436.40m

22.3x

P/E Ratio

1.5x

P/B Ratio

Is FBK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FBK income statement (TTM)
RevenueUS$436.40m
Cost of RevenueUS$0
Gross ProfitUS$436.40m
Other ExpensesUS$328.88m
EarningsUS$107.52m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.30
Gross Margin100.00%
Net Profit Margin24.64%
Debt/Equity Ratio13.3%

How did FBK perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FB Financial Corporation is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett RabatinHovde Group, LLC
Feddie StricklandJanney Montgomery Scott LLC
Christopher MarinacJanney Montgomery Scott LLC