FB Financial Corporation
- Open
- 58.79
- Day high
- 59.47
- Day low
- 58.66
- Prev close
- 59.50
- Volume
- 226K
- Mkt cap
- $3.1B
- P/E (TTM)
- 15.8
- EPS (TTM)
- $3.76
- P/B
- 1.6
- P/S
- 3.0
- Yield
- 1.35%
- Per share
- $0.80
- ▼Insiders net selling -$413K over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions mixed (13F)
FB Financial Corporation (FBK) is a Financial Services company listed on NYSE. The stock is up 23% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4).
FB Financial Corporation (FBK) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
FBK earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 14, 2026 | $1.14 | $1.14 | +0.0% | $175M | -1.5% |
| Apr 14, 2026 | $1.13 | $1.12 | -0.9% | $172M | -1.7% |
| Feb 26, 2026 | — | $1.07 | — | $264M | — |
| Oct 14, 2025 | $0.96 | $1.07 | +11.5% | $174M | +3.6% |
| Jul 14, 2025 | $0.89 | $0.88 | -1.1% | $148M | +8.2% |
| Apr 14, 2025 | $0.85 | $0.85 | +0.0% | $131M | -0.9% |
| Jan 21, 2025 | $0.84 | $0.85 | +1.2% | $133M | +0.2% |
| Oct 15, 2024 | $0.80 | $0.86 | +7.8% | $169M | +31.9% |
| Jul 15, 2024 | $0.76 | $0.84 | +10.5% | $128M | +3.8% |
| Apr 15, 2024 | $0.70 | $0.85 | +21.4% | $107M | -11.1% |
| Jan 16, 2024 | $0.70 | $0.77 | +10.0% | $116M | -4.9% |
| Oct 16, 2023 | $0.71 | $0.71 | +0.0% | $109M | -11.3% |
FBK insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 16, 2026 | JOYCE LYNN Jofficer: Chief Accounting Officer | Sell | 7,000 | $59.03 |
| May 27, 2026 | CARPENTER WILLIAM F IIIdirector | Grant | 1,329 | — |
| May 27, 2026 | Jubran Raja J.director | Grant | 1,329 | — |
| May 27, 2026 | Pinson Charles Wrightdirector | Grant | 1,329 | — |
| May 27, 2026 | Ayers J. Jonathandirector, 10 percent owner: | Grant | 1,329 | — |
| May 27, 2026 | JOHNSON R MILTONdirector | Grant | 1,329 | — |
| May 27, 2026 | Reynolds Emily J.director | Grant | 1,329 | — |
| May 27, 2026 | Clark Ageniadirector | Grant | 1,329 | — |
| May 27, 2026 | INGRAM ORRIN H IIdirector | Grant | 1,329 | — |
| May 27, 2026 | Exum James L.director | Grant | 1,329 | — |
| May 27, 2026 | Smith J. Henry IVdirector | Grant | 1,329 | — |
| May 27, 2026 | CROSS JAMES W IVdirector | Grant | 1,329 | — |
| May 27, 2026 | Sullivan Melody J.director | Grant | 1,329 | — |
| May 4, 2026 | Pinson Charles Wrightdirector | Grant | 556 | $54.07 |
| May 4, 2026 | CARPENTER WILLIAM F IIIdirector | Grant | 1,758 | $54.07 |
Source: FBK SEC Form 4 filings, latest Jul 16, 2026. For informational purposes only — not investment advice.
See the full FBK insider & 13F page →FB Financial Corporation company profile
Overview
FB Financial Corporation (NYSE:FBK) is a Nashville-based bank holding company that operates FirstBank, a regional community bank serving the southeastern United States. Founded in 1906 as First South Bancorp, the company rebranded to FB Financial Corporation in 2016 when it went public. The bank has grown through both organic expansion and strategic acquisitions to become a significant regional player with over $13 billion in assets, operating 91 branches across Tennessee, Alabama, Kentucky, and Georgia, along with 23 mortgage offices throughout the Southeast.
Business
FB Financial operates as a traditional community bank holding company through two primary business segments. The Banking segment represents the core business, generating approximately 85-90% of total revenue, and provides comprehensive commercial and consumer banking services including checking and savings accounts, commercial and industrial loans, commercial real estate financing, residential mortgages, and consumer lending. The bank specializes in relationship-based banking, focusing on serving businesses, professionals, and individuals in their local markets with personalized service and local decision-making authority. The Mortgage segment accounts for roughly 10-15% of revenue and operates mortgage banking services through the bank's branch network and dedicated mortgage offices. This division originates residential mortgages for both portfolio retention and sale in the secondary market, providing mortgage services across the southeastern United States. The banking industry in which FB Financial operates involves taking deposits from customers and lending those funds to borrowers at higher interest rates, capturing the spread as net interest income. Community banks like FirstBank differentiate themselves from larger national banks by emphasizing local market knowledge, personalized customer relationships, and faster decision-making processes for loans and other banking services.
Revenue model
FB Financial generates revenue primarily through net interest income, which is the difference between interest earned on loans and investments and interest paid on deposits and borrowings. This represents approximately 80-85% of total revenue. The bank's loan portfolio of $9.8 billion includes commercial and industrial loans, commercial real estate, residential mortgages, and consumer loans, with interest rates typically ranging from 6-8% in the current environment. Non-interest income contributes 15-20% of revenue and includes mortgage banking fees, deposit service charges, trust and investment services fees, and other banking-related income. The mortgage segment generates income through loan origination fees and gains on loan sales. The bank's profitability is significantly influenced by interest rate environments, as rising rates generally improve net interest margins when loan repricing outpaces deposit cost increases. However, the bank faces margin pressure from competitive deposit pricing, particularly for time deposits and money market accounts. Credit quality directly impacts profitability through loan loss provisions, with the bank maintaining an allowance for credit losses of approximately 1.58% of total loans. Economic conditions in their southeastern markets, particularly in Tennessee and Alabama, affect loan demand and credit performance. Competition from larger banks and fintech companies can pressure both loan pricing and deposit costs, while regulatory changes in the banking sector can impact operational costs and capital requirements.
Competitive moat
FB Financial's competitive moat is moderate and primarily based on local market relationships and community banking expertise. The bank's strength lies in its deep roots in southeastern markets, particularly Tennessee, where it has operated for over a century and built strong customer relationships. Their local decision-making authority and relationship-based approach provide advantages over larger national banks that often have centralized, process-driven lending decisions. However, the moat is not particularly strong in today's competitive banking environment. The bank faces significant competition from larger regional and national banks that have greater scale advantages, lower funding costs, and more sophisticated technology platforms. Credit unions and fintech companies also compete for both deposits and loans, often offering more competitive rates or superior digital experiences. The community banking model, while valued by some customers, is increasingly challenged by customers who prioritize convenience and digital capabilities over personal relationships. The bank's geographic concentration in the Southeast, while providing local market expertise, also creates vulnerability to regional economic downturns. Additionally, the relatively commoditized nature of basic banking services limits pricing power, and the bank must continuously invest in technology and talent to remain competitive, which pressures profitability and return on assets.
Risks & safety
The margin of safety appears moderate with some concerns around asset quality and valuation. • **Solvency and Capital**: Strong capital ratios with CET1 ratio of 12.8% and tangible common equity to tangible assets of 10.2%, well above regulatory minimums. Total debt-to-equity ratio of 14.9% indicates conservative leverage. • **Liquidity**: Adequate cash position of $917 million and strong deposit base, though the bank experienced some deposit volatility with public funds relationships. • **Asset Quality Concerns**: Recent $10.5 million charge-off on a single C&I credit raises questions about underwriting. Allowance for credit losses at 1.58% of loans may be insufficient if economic conditions deteriorate. • **Valuation Metrics**: Trading at 1.53x book value and 20.7x trailing earnings, which appears full-valued for a regional bank with modest growth prospects. • **Interest Rate Risk**: Approximately 50% floating rate loan portfolio provides some protection against rate cuts, but margin compression risk remains significant. • **Concentration Risk**: High commercial real estate exposure at 245% of capital and construction loans, though management is actively reducing these concentrations.
Recent development
Over the past few years, FB Financial has pursued a strategy focused on organic growth through talent acquisition and selective market expansion. The bank has aggressively recruited experienced relationship managers, adding 32 revenue-producing bankers in 2024 alone, with plans to hire 42 in 2025. This talent acquisition strategy has enabled expansion into new markets including Tuscaloosa, Alabama, and Asheville, North Carolina. The company has also focused on balance sheet optimization and risk management. Management has actively reduced construction loan exposure from higher levels and decreased reliance on public funds deposits from $2.3 billion to $1.5 billion to reduce concentration risk. The bank completed a securities portfolio repositioning, reinvesting at approximately 3% higher yields to improve future earnings. Strategic acquisitions remain a key focus, with the recent completion of the Southern States Banc combination and ongoing discussions with potential merger partners in the $1-5 billion asset range. Management has expressed particular interest in contiguous geographic markets including Alabama, Georgia, and the Carolinas. The bank has also invested in operational efficiency through the "FirstBank Way" project, redesigning organizational structure and processes while maintaining their community banking model and local decision-making authority.
FBK company profile · for informational purposes only — not investment advice.
Track FBK with Drillr
SEC filings, earnings calls, insider activity, alt-data signals — all queryable through Drillr's AI terminal and MCP API.
Try Drillr for free