FB Financial (NYSE:FBK) Releases Quarterly Earnings Results, Hits Estimates

FB Financial (NYSE:FBK) posted its quarterly earnings results on Tuesday. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.21, FiscalAI reports. FB Financial had a net margin of 19.00% and a return on equity of 12.08%. The company had revenue of $175.62 million for the quarter, compared to analyst estimates of $181.56 million.

Here are the key takeaways from FB Financial’s conference call:

• Strong balance-sheet growth and profitability: Third-quarter EPS was $1.20, adjusted EPS was $1.21, and loans and customer deposits grew at annualized rates of 9.7% and 11.2%, respectively. Adjusted return on average tangible common equity remained strong at 15.7%.
• Management reported healthy pipelines and expects full-year loan and deposit growth within its mid- to high-single-digit range, with robust customer activity continuing into 2027. The company is also expanding organically in western North Carolina and remains open to strategically aligned acquisitions.
• Core net interest margin fell to 3.83% from 3.95%, primarily because of continued deposit-pricing competition and a $1 million interest-income reversal tied to a non-accrual loan. Management expects fourth-quarter margin to remain near third-quarter levels and reduced banking-segment expense guidance to $325 million-$335 million.
• Mortgage banking faced pressure from sharply higher long-term interest rates, which reduced origination volumes and profitability; management expects the segment’s earnings contribution to decline further in the fourth quarter. A one-time $719,000 mortgage-platform transition expense also weighed on results.
• Credit quality was described as stable, with a 1.47% allowance coverage ratio and provision expense of $1.4 million, although non-accrual loans increased due mainly to an approximately $13 million collateralized credit. Management believes potential loss content is limited, while capital ratios remained well above regulatory minimums after issuing $125 million of subordinated debt and continuing opportunistic share repurchases.

FB Financial Price Performance

Shares of FB Financial stock opened at $50.62 on Wednesday. The business’s 50 day simple moving average is $56.07 and its two-hundred day simple moving average is $55.30. The stock has a market capitalization of $2.53 billion, a P/E ratio of 13.57 and a beta of 0.98. FB Financial has a one year low of $49.24 and a one year high of $62.65.

FB Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th were issued a $0.21 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $0.84 annualized dividend and a dividend yield of 1.7%. FB Financial’s payout ratio is currently 22.52%.

Analyst Ratings Changes

A number of brokerages recently issued reports on FBK. Benchmark increased their price objective on FB Financial from $64.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Weiss Ratings upgraded FB Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Raymond James Financial boosted their target price on FB Financial from $62.00 to $63.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, July 1st. Finally, Keefe, Bruyette & Woods restated an “outperform” rating on shares of FB Financial in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $64.67.

More FB Financial News

Here are the key news stories impacting FB Financial this week:

• Positive Sentiment: Adjusted earnings were $1.21 per share, matching the analyst consensus and rising from $1.07 a year earlier. Net income increased to $60.2 million, while loans and deposits grew at annualized rates of 9.68% and 8.82%, respectively. FB Financial Corporation Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management highlighted solid loan growth, strong credit quality and a well-capitalized balance sheet. The company also repurchased 545,214 shares and completed a $125 million subordinated debt issuance, supporting capital flexibility. FB Financial Earnings Call Highlights Growth, Margin Pressures
• Neutral Sentiment: Management expects higher loan yields in the fourth quarter to partly offset funding-cost pressure. However, the investment view remains cautious, with analysts describing FB Financial as well-capitalized but assigning limited near-term upside while deposit competition remains intense. FB Financial: Well-Capitalized But Margin Pressure Limits Upside
• Negative Sentiment: Revenue of approximately $175 million-$176 million fell short of the roughly $181.6 million consensus forecast. Net interest margin declined to 3.83% from 3.95% in the prior quarter, while noninterest income also decreased, highlighting pressure from higher deposit costs. FB Financial Reports Third-Quarter EPS in Line With Estimates as Revenue Misses Forecasts

About FB Financial

FB Financial Corporation is a bank holding company headquartered in Nashville, Tennessee. Its principal subsidiary, FirstBank, provides banking and financial services to individuals, businesses and institutions through a regional branch network and digital banking channels.

FirstBank’s offerings include personal and business deposit accounts, residential and commercial real estate lending, consumer loans, commercial and industrial financing, treasury management, wealth management and mortgage banking services.