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. More Details
Flawless balance sheet with moderate growth potential.
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 +/- 7% a week.
Volatility Over Time: FBK's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FBK exceeded the US Banks industry which returned -17.3% over the past year.
Return vs Market: FBK underperformed the US Market which returned 20.7% 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
5 days ago | Simply Wall StFB Financial Corporation (NYSE:FBK) Insiders Increased Their Holdings
3 weeks ago | Simply Wall StIs FB Financial Corporation (NYSE:FBK) The Right Choice For A Smart Dividend Investor?
1 month ago | Simply Wall StWhat You Need To Know About FB Financial Corporation's (NYSE:FBK) Investor Composition
Is FB Financial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FBK ($33.36) is trading above our estimate of fair value ($30.12)
Significantly Below Fair Value: FBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FBK is poor value based on its PE Ratio (28.3x) compared to the US Banks industry average (11.4x).
PE vs Market: FBK is poor value based on its PE Ratio (28.3x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: FBK is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: FBK is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (0.9x).
How is FB Financial forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FBK's forecast earnings growth (41.5% per year) is above the savings rate (2.2%).
Earnings vs Market: FBK's earnings (41.5% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FBK's revenue (0.7% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: FBK's revenue (0.7% 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 (9.3%).
How has FB Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBK has a large one-off loss of $26.1M impacting its September 30 2020 financial results.
Growing Profit Margin: FBK's current net profit margins (10.4%) are lower than last year (23.1%).
Past Earnings Growth Analysis
Earnings Trend: FBK's earnings have grown by 13.7% per year over the past 5 years.
Accelerating Growth: FBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FBK had negative earnings growth (-50%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).
Return on Equity
High ROE: FBK's Return on Equity (3.2%) 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 (8.8x) is low.
Allowance for Bad Loans: FBK has a sufficient allowance for bad loans (326%).
Low Risk Liabilities: 93% 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 (64%).
Low Risk Deposits: FBK's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: FBK has an appropriate level of bad loans (0.8%).
What is FB Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FBK's dividend (1.08%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: FBK's dividend (1.08%) is low compared to the top 25% of dividend payers in the US market (4.08%).
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 reasonably low payout ratio (29.7%), FBK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FBK's dividends in 3 years are forecast to be well covered by earnings (15.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Holmes (56 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 ($USD1.93M) is below average for companies of similar size in the US market ($USD4.17M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
|Executive Chairman||4.58yrs||US$500.00k||28.84% |
|Executive Officer||10.83yrs||US$809.96k||0.042% |
|Interim Chief Financial Officer||0.58yr||no data||0.013% |
|Principal Accounting Officer & Corporate Controller||0.58yr||no data||0.0023% |
|General Counsel & Corporate Secretary||no data||no data||no data|
|Executive Officer||no data||US$1.24m||0.025% |
|Executive Officer||no data||no data||0.029% |
|Executive Officer||no data||no data||0.0059% |
|Regional President of West Tennessee||no data||no data||no data|
|Senior VP & Director of Corporate Development - FirstBank||no data||no data||no data|
|Senior VP and Director of Marketing & Communications - FirstBank||7.83yrs||no data||no data|
Experienced Management: FBK's management team is seasoned and experienced (7.8 years average tenure).
|Executive Chairman||4.58yrs||US$500.00k||28.84% |
|Independent Director||3.58yrs||US$70.00k||0.030% |
|Independent Director||0.83yr||no data||0.012% |
|Independent Director||14.83yrs||US$60.00k||0.13% |
|Independent Director||0.083yr||US$66.00k||0.0086% |
|Independent Director||8.83yrs||US$60.00k||0.020% |
|Independent Director||3.58yrs||US$66.00k||0.0099% |
|Director||0.25yr||no data||no data|
|Independent Director||2.83yrs||US$52.50k||0.028% |
|Independent Director||3.58yrs||US$66.00k||0.0098% |
|Director||3.58yrs||no data||0.017% |
Experienced Board: FBK's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FBK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 52.6%.
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$1.575b
- Shares outstanding: 47.20m
- Website: https://www.firstbankonline.com
Number of Employees
- FB Financial Corporation
- 211 Commerce Street
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FBK||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Sep 2016|
|2J2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 2016|
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||2020/11/28 23:37|
|End of Day Share Price||2020/11/27 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.