Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
16 September 2016Website:
http://www.firstbankonline.comNext earnings report:
16 January 2025Last dividends:
05 November 2024Next dividends:
N/APrice
after hours | Wed, 20 Nov 2024 23:15:20 GMTAnalysts recommendations
Institutional Ownership
FBK Latest News
Does FB Financial (FBK) have what it takes to be a top stock pick for momentum investors? Let's find out.
NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.17 per share. The dividend is payable on November 19, 2024, to shareholders of record as of November 5, 2024. Christopher T. Holmes, President and Chief Executive Officer, commented, “This quarter's dividend marks our 27th consecutive quarter of paying dividends and continues our tradition of delivering consistent value to our shareholders.
FB Financial (FBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
We rate FB Financial Corporation a hold, appreciating its dividend growth and potential for share gains and dividend compounding. Q3 performance showed a 17.8% revenue increase, driven by higher loan yields and increased deposits, despite a one-time securities loss. Total loans and deposits grew, with notable increases in commercial, industrial, and residential loans, although non-performing assets slightly increased.
FB Financial Corporation (NYSE:FBK ) Q3 2024 Earnings Conference Call October 15, 2024 11:00 AM ET Company Participants Christopher Holmes - President and Chief Executive Officer Michael Mettee - Chief Financial Officer Travis Edmondson - Chief Banking Officer Conference Call Participants Russell Gunther - Stephens Catherine Mealor - KBW Steve Moss - Raymond James Operator Good morning, and welcome to the FB Financial Corporation's Third Quarter 2024 Earnings Conference Call. Hosting the call today from FB Financial are Chris Holmes, President and Chief Executive Officer; and Michael Mettee, Chief Financial Officer.
Although the revenue and EPS for FB Financial (FBK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
FB Financial (FBK) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.71 per share a year ago.
NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (the “Company”) (NYSE: FBK), parent company of FirstBank, reported net income of $10.2 million, or $0.22 per diluted common share, for the third quarter of 2024, compared to $0.85 in the previous quarter and $0.41 in the third quarter of last year. Adjusted net income* was $40.1 million, or $0.86 per diluted common share, compared to $0.84 in the previous quarter and $0.71 in the third quarter of last year. The Company ended the third.
Get a deeper insight into the potential performance of FB Financial (FBK) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Does FB Financial (FBK) have what it takes to be a top stock pick for momentum investors? Let's find out.
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What type of business is FB Financial?
FB Financial Corp. is a bank holding company that provides commercial and consumer banking services to customers in individual markets, primarily in Tennessee, Northern Alabama, and Northern Georgia, through its subsidiaries. It operates through banking and mortgage segments. The banking segments deal with interest on loans and investments, fees related to loans, originations in the banking footprint, investment services, and deposit fees. The mortgage segment derives from commissions and revenues from the sale of secondary market mortgage loans that originate outside of the banking footprint or through internet delivery channels and servicing. The company was founded in 1906 and is headquartered in Nashville, Tennessee.
What sector is FB Financial in?
FB Financial is in the Financial Services sector
What industry is FB Financial in?
FB Financial is in the Banks - Regional industry
What country is FB Financial from?
FB Financial is headquartered in United States
When did FB Financial go public?
FB Financial initial public offering (IPO) was on 16 September 2016
What is FB Financial website?
https://www.firstbankonline.com
Is FB Financial in the S&P 500?
No, FB Financial is not included in the S&P 500 index
Is FB Financial in the NASDAQ 100?
No, FB Financial is not included in the NASDAQ 100 index
Is FB Financial in the Dow Jones?
No, FB Financial is not included in the Dow Jones index
When was FB Financial the previous earnings report?
No data
When does FB Financial earnings report?
The next expected earnings date for FB Financial is 16 January 2025