FB Financial (NYSE:FBK) Shares Gap Down on Disappointing Earnings

Key Points

• FB Financial reported Q1 EPS of $1.12 and revenue of $172.7M, narrowly missing consensus (EPS $1.13; revenue ~$175.5M), and the stock gapped down at the open amid reports of a decline in net interest income.
• The board raised the quarterly dividend to $0.21 (annualized $0.84), a yield of about 1.5% with a 35% payout ratio.
• Analysts remain mostly constructive—the consensus rating is "Buy" with an average price target of $62.75 after several upgrades—while an insider recently sold shares and institutional ownership stands near 65%.

FB Financial Corporation (NYSE:FBK - Get Free Report)'s stock price gapped down before the market opened on Tuesday following a dissappointing earnings announcement. The stock had previously closed at $55.99, but opened at $53.20. FB Financial shares last traded at $54.3670, with a volume of 39,000 shares changing hands.

The financial services provider reported $1.12 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by ($0.01). FB Financial had a net margin of 13.07% and a return on equity of 11.21%. The business had revenue of $172.71 million during the quarter, compared to the consensus estimate of $175.45 million. During the same period last year, the business posted $0.85 earnings per share. The firm's quarterly revenue was up 31.8% on a year-over-year basis.

FB Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 24th. Shareholders of record on Tuesday, February 10th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.5%. This is a positive change from FB Financial's previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, February 10th. FB Financial's payout ratio is 35.00%.

Trending Headlines about FB Financial

Here are the key news stories impacting FB Financial this week:

• Positive Sentiment: Cantor Fitzgerald reaffirmed an "Overweight" rating and set a $66 price target (~18% upside vs. the prior price), which provides analyst support and signals confidence in FBK’s medium‑term outlook. Article Title
• Positive Sentiment: FB Financial reported year‑over‑year earnings growth — net income of $57.5M and adjusted EPS around $1.12 — showing profitability improvement versus the prior year and supporting longer‑term earnings momentum. Article Title
• Neutral Sentiment: Full earnings materials and transcripts are available for investors who want details on guidance, margin drivers and the call Q&A. (Q1 materials and transcripts linked.) Q1 Transcript Q3 Transcript
• Negative Sentiment: Quarterly revenue ($172.7M) and EPS ($1.12) missed consensus (revenue ~$175.5M; EPS ~$1.13), a near‑term catalyst for selling pressure as the miss highlights margin/NII sensitivity. Article Title
• Negative Sentiment: Reports flagged a decline in net interest income (NII), a key driver for regional banks; that decrease was cited as the reason shares fell intraday (~5% reported by some outlets). Investors will watch NII and margin trends closely in coming quarters. Article Title
• Neutral Sentiment: Analyst/coverage pieces (Zacks, TipRanks) provide per‑metric comparisons and context — useful for modeling sensitivity to loan yields and fee income but not new primary news. Zacks Analysis

Analyst Upgrades and Downgrades

FBK has been the topic of a number of recent research reports. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $66.00 price objective on shares of FB Financial in a research note on Tuesday. Weiss Ratings lowered shares of FB Financial from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, April 7th. Raymond James Financial raised shares of FB Financial from a "market perform" rating to a "strong-buy" rating and set a $62.00 price target on the stock in a research report on Tuesday, April 7th. Finally, Piper Sandler raised shares of FB Financial from a "neutral" rating to an "overweight" rating and set a $65.00 price target on the stock in a research report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $62.75.

Insider Buying and Selling at FB Financial

In related news, major shareholder James Austin Mcpherson sold 8,500 shares of the firm's stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $60.06, for a total transaction of $510,510.00. Following the transaction, the insider directly owned 9,484 shares of the company's stock, valued at $569,609.04. This trade represents a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FBK. Allspring Global Investments Holdings LLC raised its position in FB Financial by 21.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 266,327 shares of the financial services provider's stock worth $14,845,000 after acquiring an additional 47,278 shares during the period. Principal Financial Group Inc. raised its position in FB Financial by 18.3% in the third quarter. Principal Financial Group Inc. now owns 202,784 shares of the financial services provider's stock worth $11,303,000 after acquiring an additional 31,382 shares during the period. Deprince Race & Zollo Inc. bought a new stake in FB Financial in the third quarter worth about $48,674,000. Dana Investment Advisors Inc. bought a new stake in FB Financial in the third quarter worth about $1,682,000. Finally, Strs Ohio raised its position in FB Financial by 9,775.0% in the third quarter. Strs Ohio now owns 118,500 shares of the financial services provider's stock worth $6,605,000 after acquiring an additional 117,300 shares during the period. 65.40% of the stock is owned by institutional investors.

FB Financial Stock Down 2.9%

The firm has a market cap of $2.82 billion, a P/E ratio of 22.65 and a beta of 0.98. The firm's 50-day simple moving average is $55.08 and its 200 day simple moving average is $56.01.

About FB Financial

FB Financial Corporation, through its banking subsidiary FirstBank, is a Tennessee-based bank holding company that provides a broad range of financial services to individuals, small and medium-sized businesses, and commercial clients. Established to serve the banking needs of communities across the southeastern United States, the company's core offerings include consumer and commercial deposit products, commercial lending, and mortgage services.

In addition to traditional checking and savings accounts, FB Financial's service portfolio encompasses treasury and cash management, equipment financing, and letters of credit to support the working capital and expansion needs of business customers.

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