EarningsQ2 2026 Earnings Report
MX:FBK1 Q2 2026 EPS Results
Actual EPS$20.72
Consensus EPS$20.81
Beat/MissMissed by -$0.09
One Year Ago EPS$16.00
MX:FBK1 Q2 2026 Revenue Results
Actual Revenue$4.64B
Expected Revenue$3.23B
Beat/MissBeat by +$1.41B
YoY Revenue Growth+73.70%
Earnings Announcement Details
QuarterQ2 2026
Date07/13/2026
TimeAfter Close
Conference CallMonday, July 13, 2026
MX:FBK1 Upcoming Earnings
FB Financial's next earnings date is estimated for October 13, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:FBK1 Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong quarter-over-quarter performance: double-digit annualized loan growth (11.6%), mid-single-digit deposit growth (7.7% annualized), an 8% increase in pretax pre-provision net revenue, solid EPS ($1.13 GAAP, $1.14 adjusted), improved efficiency (52.3%) and robust capital ratios with an active share repurchase program (≈3% of shares). Offsetting these positives were higher provision expense (+~$7M), an uptick in nonperforming assets tied to three specific relationships, a modest decline in mortgage banking revenue ($1.1M) due to holding loans on the balance sheet, and anticipated margin and deposit-cost pressures from elevated competition; management expects some expense normalization as hiring resumes. On balance, the company presented strong operating momentum, disciplined capital deployment and manageable credit issues tied to a few specific credits rather than broad portfolio weakness.Company Guidance
Strong Earnings and EPS
Reported GAAP EPS of $1.13 and adjusted EPS of $1.14; net income of $58.6 million (adjusted $58.9 million).
Solid Revenue Growth and PPNR
Pretax pre-provision net revenue (PPNR) rose to $83.3 million, an increase of approximately 8% quarter-over-quarter, supporting a PPNR return on average assets above 2%.
Robust Balance Sheet Growth
Annualized loan growth of 11.6% and annualized deposit growth of 7.7% for the quarter, with broad-based loan growth across multiple metro and community markets.
Stable Net Interest Margin and Loan Yields
Net interest margin of 3.95% for the quarter; all-in loan yields 6.48% and new loan production near quarter-end at ~6.35%–6.40%.
Improved Operating Efficiency
Noninterest expense totaled $91.5 million, down ~4% sequentially (~2% on an adjusted basis); efficiency ratio improved to 52.3% with the banking segment below 50% at 49.5%.
Strong Returns on Capital
Adjusted return on average tangible common equity of 15%; tangible book value per share (ex-AOCI) has grown at a compound annual growth rate of 11.2% since the 2016 IPO.
Disciplined Capital Deployment and Buybacks
Repurchased roughly 3% of outstanding shares during the quarter (approximately two-thirds of activity done via a single transaction with a charity/estate), demonstrating constructive capital deployment.
Healthy Capital and Liquidity Metrics
Common Equity Tier 1 ratio 11.0%, Tier 1 leverage ratio 10.1%, and total risk-based capital 12.9%; management comfortable with capital targets (TCE target ~9%, CET1 target 10%+).
MX:FBK1 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed