Want to see FBK full AI Analyst Report?
Top Page
FB Financial
(NYSE:FBK)
Select Model
Select Model
Rating:68Neutral
Price Target:
$58.00
▲(1.26% Upside)
Action:Reiterated
Date:10/13/26
FBK scores above average primarily due to improving fundamentals (rebounding profitability, conservative leverage, and solid cash conversion) and a generally positive earnings outlook with healthy growth pipelines and stable credit. The score is held back by weak technical momentum (below key moving averages with negative MACD) and near-term headwinds cited on the call (deposit-cost competition, net interest margin compression, and mortgage banking pressure).
Positive Factors
Loan and Deposit Growth
Strong loan and client deposit growth indicates expanding customer relationships and continued demand across FB Financial’s markets. Deposit momentum is particularly valuable because it supports future lending, reduces reliance on brokered funding, and reinforces the franchise’s long-term growth capacity.
Negative Factors
Net Interest Margin Pressure
Deposit pricing pressure is compressing net interest margin, directly limiting the benefit of loan and balance-sheet growth. If funding competition persists, earnings growth may require stronger volume expansion or disciplined asset pricing to offset pressure on spread income.
Read all positive and negative factors
Positive Factors
Negative Factors
Loan and Deposit Growth
Strong loan and client deposit growth indicates expanding customer relationships and continued demand across FB Financial’s markets. Deposit momentum is particularly valuable because it supports future lending, reduces reliance on brokered funding, and reinforces the franchise’s long-term growth capacity.
Read all positive factors
FB Financial (FBK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.58B
Dividend Yield1.57%
Average Volume (3M)653.90K
Price to Earnings (P/E)11.5
Beta (1Y)0.94
Revenue Growth26.41%
EPS Growth110.85%
CountryUS
Employees1,594
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)3.76
Shares Outstanding49,443,360
10 Day Avg. Volume613,367
30 Day Avg. Volume653,901
Financial Highlights & Ratios
PEG Ratio-7.21
Price to Book (P/B)1.52
Price to Sales (P/S)3.37
P/FCF Ratio20.14
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue2.67
Enterprise Value/Gross Profit4.25
Enterprise Value/Ebitda10.14
Forecast
1Y Price Target
$64.00Price Target Upside11.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)4.69
Revenue Forecast (FY)$713.24M
FB Financial Business Overview & Revenue Model
Company Description
FB Financial Corporation functions as the parent entity for FirstBank, offering an extensive array of commercial and consumer banking solutions tailored for businesses, professionals, and individual clients. The company organizes its activities in...
How the Company Makes Money
FB Financial primarily makes money through its banking operations. The largest driver is net interest income: the company earns interest and fees on loans and other interest-earning assets (such as investment securities) and pays interest on depos...
FB Financial Earnings Call Summary
Earnings Call Date:Oct 13, 2026
(Q3-2026)
| % Change Since: |
Next Earnings Date:Jan 19, 2027
Earnings Call Sentiment Positive
The call was predominantly positive, supported by strong loan and customer deposit growth, solid profitability, stable credit trends, healthy pipelines, strong capital ratios and continued expansion and talent investments. The main challenges were mortgage banking pressure, deposit-cost competition, net interest margin compression, higher expenses, the non-accrual interest reversal and expected seasonal moderation in fourth-quarter growth. Highlights significantly outweighed the lowlights.Positive Updates
Strong Earnings and Profitability
Third-quarter EPS was $1.2 and adjusted EPS was $1.21. Net income totaled $60.2 million, or $60.9 million on an adjusted basis. Return on average tangible common equity was 15.2%, or 15.7% on an adjusted basis, while return on average assets remained above 1.4%.
Negative Updates
Mortgage Banking Headwinds
The mortgage banking segment faced headwinds from the sharp rise in interest rates during the second half of the quarter. Management expects higher rates to weigh on near-term origination volumes and profitability, with mortgage earnings likely to be reduced in the fourth quarter and 2027.
Read all updates
Q3-2026 Updates
Positive
Negative
Strong Earnings and Profitability
Third-quarter EPS was $1.2 and adjusted EPS was $1.21. Net income totaled $60.2 million, or $60.9 million on an adjusted basis. Return on average tangible common equity was 15.2%, or 15.7% on an adjusted basis, while return on average assets remained above 1.4%.
Read all positive updates
Company Guidance
Management expects full year loan and deposit growth within its mid to high single digit range, with growth to moderate into the fourth quarter due to the normal timing of pay downs, renewals and larger commercial closings, while pipelines remain healthy and activity is expected to be really strong as the company heads into 2027. Full year net interest margin outlook excluding loan accretion is 3.7% to 3.8%, with fourth-quarter core margin expected to remain near third quarter levels; each 25 basis point increase in fed funds is expected to produce around a 3 basis point increase in margin. Banking segment expense guidance was narrowed to $325 million to $335 million, near the lower end of prior guidance, mortgage earnings are expected to be lower in the fourth quarter and 2027, and net charge offs are expected to remain within the company’s long term target range.FB Financial Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.03B | 877.84M | 766.77M | 748.98M | 596.35M | 613.25M |
| Gross Profit | 650.78M | 516.73M | 445.74M | 475.25M | 508.19M | 616.62M |
| EBITDA | 272.52M | 155.87M | 161.58M | 165.13M | 172.18M | 256.94M |
| Net Income | 196.53M | 122.62M | 116.03M | 120.22M | 124.56M | 190.28M |
Balance Sheet | ||||||
| Total Assets | 16.80B | 16.30B | 13.16B | 12.60B | 12.85B | 12.60B |
| Cash, Cash Equivalents and Short-Term Investments | 2.64B | 1.56B | 1.74B | 1.71B | 2.29B | 3.35B |
| Total Debt | 372.45M | 283.21M | 246.55M | 468.35M | 494.99M | 226.52M |
| Total Liabilities | 14.86B | 14.35B | 11.59B | 11.15B | 11.52B | 11.16B |
| Stockholders Equity | 1.94B | 1.95B | 1.57B | 1.45B | 1.33B | 1.43B |
Cash Flow | ||||||
| Free Cash Flow | 198.17M | 147.01M | 132.25M | 190.84M | 789.08M | 48.78M |
| Operating Cash Flow | 207.05M | 155.86M | 138.80M | 211.07M | 799.71M | 54.88M |
| Investing Cash Flow | -525.89M | -32.48M | -294.00M | -55.22M | -1.75B | -849.56M |
| Financing Cash Flow | 265.47M | -9.97M | 386.76M | -371.98M | 184.10M | 1.27B |
FB Financial Technical Analysis
Neutral
57.28
Price Trends
54.83
Negative
55.87
Negative
55.26
Negative
Market Momentum
-0.63
Negative
54.55
Neutral
73.77
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FBK, the sentiment is Neutral. The current price of 57.28 is above the 20-day moving average (MA) of 52.19, above the 50-day MA of 54.83, and above the 200-day MA of 55.26, indicating a neutral trend. The MACD of -0.63 indicates Negative momentum. The RSI at 54.55 is Neutral, neither overbought nor oversold. The STOCH value of 73.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FBK.
FB Financial Risk Analysis
FB Financial disclosed 37 risk factors in its most recent earnings report. FB Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
FB Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $2.64B | 11.47 | 11.01% | 2.19% | -0.31% | 10.81% | |
72 Outperform | $4.28B | 30.13 | 4.03% | 2.82% | -18.50% | -52.84% | |
72 Outperform | $824.83M | 13.00 | 10.97% | 0.70% | 9.93% | 34.28% | |
68 Neutral | $2.58B | 11.50 | 11.98% | 1.57% | 26.41% | 110.85% | |
68 Neutral | $3.69B | 12.00 | 8.13% | 2.33% | 27.48% | 31.72% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
59 Neutral | $3.29B | 12.72 | 7.61% | 3.75% | 121.80% | ― |
* Financial Sector Average
FBK
FB Financial
53.62
-0.18
-0.34%
RNST
Renasant
41.44
7.73
22.92%
SFNC
Simmons 1st Nat'l
23.32
6.26
36.68%
TRMK
Trustmark
46.35
9.17
24.68%
UCB
United Community Banks
37.23
8.27
28.57%
SMBK
SmartFinancial
49.22
14.97
43.70%
FB Financial Corporate Events
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
FB Financial posts strong third-quarter 2026 earnings growth
Positive
Oct 13, 2026
FB Financial reported strong third-quarter 2026 results on October 13, 2026, posting net income of $60.2 million, or $1.20 per diluted share, up from $1.13 in the prior quarter and $0.43 a year earlier, while adjusted EPS reached $1.21. The bank e...
Business Operations and StrategyPrivate Placements and Financing
FB Financial Completes $125 Million Subordinated Notes Offering
Positive
Sep 24, 2026
On September 24, 2026, FB Financial Corporation completed a $125 million offering of 6.625% fixed-to-floating rate subordinated notes due 2036, issued under a subordinated indenture with U.S. Bank Trust Company, National Association, as trustee. T...
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
FB Financial Updates Fixed Income Investor Presentation Materials
Neutral
Sep 21, 2026
On September 21, 2026, FB Financial Corporation released an updated fixed income investor presentation for use in meetings with investors, analysts and other market participants, formally making the materials available through its latest regulator...
Business Operations and StrategyRegulatory Filings and Compliance
FB Financial Releases Fixed Income Investor Risk Presentation
Neutral
Sep 17, 2026
On September 17, 2026, FB Financial Corporation released a fixed income investor presentation for use in meetings with investors, analysts and other market participants. The materials outline the company’s use of non-GAAP financial measures,...
Business Operations and StrategyFinancial Disclosures
FB Financial Highlights Non-GAAP Metrics at Investor Conference
Neutral
Jul 27, 2026
On July 28, 2026, FB Financial’s management team presented at the Keefe, Bruyette Woods Summer Bank Conference, using a third-quarter investor slide deck that was simultaneously made available on its investor website for market participants...
Stock BuybackFinancial Disclosures
FB Financial posts strong second-quarter 2026 results
Positive
Jul 13, 2026
FB Financial Corporation reported strong second-quarter 2026 results on July 13, 2026, posting net income of $58.6 million, or $1.13 per diluted share, up from $1.10 in the prior quarter and $0.06 a year earlier, with adjusted earnings of $1.14 pe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.