FB Financial (NYSE:FBK) Stock Rating Reaffirmed as "Overweight" by Cantor Fitzgerald

FB Financial (NYSE:FBK - Get Free Report)'s stock had its "overweight" rating reiterated by equities research analysts at Cantor Fitzgerald in a report released on Wednesday, Benzinga reports. They presently have a $65.00 price target on the financial services provider's stock. Cantor Fitzgerald's price objective points to a potential upside of 28.41% from the stock's previous close.

Several other equities analysts have also weighed in on the stock. Keefe, Bruyette & Woods reaffirmed an "outperform" rating on shares of FB Financial in a research report on Tuesday, July 14th. Benchmark boosted their target price on shares of FB Financial from $64.00 to $67.00 and gave the stock a "buy" rating in a research report on Wednesday, July 15th. Raymond James Financial increased their price target on shares of FB Financial from $62.00 to $63.00 and gave the stock a "strong-buy" rating in a research note on Wednesday, July 1st. Finally, Weiss Ratings upgraded shares of FB Financial from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $64.67.

FB Financial Stock Down 4.4%

FB Financial stock opened at $50.62 on Wednesday. FB Financial has a 12 month low of $49.24 and a 12 month high of $62.65. The stock has a market cap of $2.53 billion, a P/E ratio of 13.57 and a beta of 0.98. The company's fifty day simple moving average is $56.07 and its 200-day simple moving average is $55.30.

FB Financial (NYSE:FBK - Get Free Report) last released its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.21. FB Financial had a return on equity of 12.08% and a net margin of 19.00%. The firm had revenue of $175.62 million during the quarter, compared to analysts' expectations of $181.57 million. On average, equities research analysts expect that FB Financial will post 4.67 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FB Financial

Institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of FB Financial in the second quarter worth $348,592,000. Dimensional Fund Advisors LP grew its stake in FB Financial by 1.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,000,484 shares of the financial services provider's stock valued at $103,905,000 after buying an additional 28,023 shares during the last quarter. Deprince Race & Zollo Inc. grew its stake in FB Financial by 9.4% in the 1st quarter. Deprince Race & Zollo Inc. now owns 1,036,393 shares of the financial services provider's stock valued at $53,830,000 after buying an additional 89,465 shares during the last quarter. Bank of America Corp DE bought a new position in FB Financial in the 2nd quarter worth $39,460,000. Finally, Davis Asset Management L.P. acquired a new position in FB Financial during the 2nd quarter worth $34,275,000. Institutional investors own 65.40% of the company's stock.

FB Financial News Roundup

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

FB Financial Company Profile

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.