FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services businesses, professionals, and individuals.
Share Price & News
How has FB Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: FBK's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FBK underperformed the US Banks industry which returned 63.3% over the past year.
Return vs Market: FBK exceeded the US Market which returned 33.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is FB Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StI Ran A Stock Scan For Earnings Growth And FB Financial (NYSE:FBK) Passed With Ease
1 month ago | Simply Wall StWhat Kind Of Investors Own Most Of FB Financial Corporation (NYSE:FBK)?
2 months ago | Simply Wall StThe FB Financial (NYSE:FBK) Share Price Has Gained 58% And Shareholders Are Hoping For More
FB Financial Fundamentals Summary
|FBK fundamental statistics|
Is FBK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FBK income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||3.00|
|Net Profit Margin||23.00%|
How did FBK perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is FB Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FBK ($41.9) is trading below our estimate of fair value ($46.72)
Significantly Below Fair Value: FBK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FBK is poor value based on its PE Ratio (14.6x) compared to the US Banks industry average (10.8x).
PE vs Market: FBK is good value based on its PE Ratio (14.6x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: FBK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FBK is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (1.1x).
How is FB Financial forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FBK's earnings are forecast to decline over the next 3 years (-6.1% per year).
Earnings vs Market: FBK's earnings are forecast to decline over the next 3 years (-6.1% per year).
High Growth Earnings: FBK's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FBK's revenue (0.1% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: FBK's revenue (0.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FBK's Return on Equity is forecast to be low in 3 years time (9.6%).
How has FB Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBK has high quality earnings.
Growing Profit Margin: FBK's current net profit margins (23%) are higher than last year (18.9%).
Past Earnings Growth Analysis
Earnings Trend: FBK's earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: FBK's earnings growth over the past year (97.6%) exceeds its 5-year average (18.6% per year).
Earnings vs Industry: FBK earnings growth over the past year (97.6%) exceeded the Banks industry 36%.
Return on Equity
High ROE: FBK's Return on Equity (9.9%) is considered low.
How is FB Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FBK's Assets to Equity ratio (8.7x) is low.
Allowance for Bad Loans: FBK has a sufficient allowance for bad loans (221%).
Low Risk Liabilities: 97% of FBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: FBK has an appropriate level of Loans to Assets ratio (59%).
Low Risk Deposits: FBK's Loans to Deposits ratio (69%) is appropriate.
Level of Bad Loans: FBK has an appropriate level of bad loans (0.9%).
What is FB Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FBK's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: FBK's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FBK has been paying a dividend for less than 10 years.
Growing Dividend: FBK's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.3%), FBK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FBK's dividends in 3 years are forecast to be well covered by earnings (15.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Holmes (57 yo)
Mr. Christopher T. Holmes, also known as Chris, serves as President of FB Financial Corporation and FirstBank since 2012, Chief Executive Officer since 2013 and as Director since 2010. While his career...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.64M) is about average for companies of similar size in the US market ($USD3.69M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
Experienced Management: FBK's management team is seasoned and experienced (5 years average tenure).
Experienced Board: FBK's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FB Financial Corporation's company bio, employee growth, exchange listings and data sources
- Name: FB Financial Corporation
- Ticker: FBK
- Exchange: NYSE
- Founded: 1906
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$1.985b
- Shares outstanding: 47.36m
- Website: https://www.firstbankonline.com
Number of Employees
- FB Financial Corporation
- 211 Commerce Street
- Suite 300
- United States
FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services businesses, professionals, and individuals. The company operates...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 22:12|
|End of Day Share Price||2021/09/17 00:00|
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.