FB Financial Corporation operates as a holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. The company operates in two segments, Banking and Mortgage. It provides demand, negotiable order of withdrawal, money market, certificates of deposit, and municipal and savings accounts, as well as time deposits. The company also offers commercial lending products that include working capital lines of credit, equipment loans, owner-occupied and non-owner-occupied real estate construction loans, real estate term loans, and cash flow loans to small and medium sized businesses; and consumer lending products comprising first and second residential mortgage loans, and home equity lines of credit, as well as consumer installment loans to purchase cars, boats, and other recreational vehicles. In addition, it provides residential mortgage banking services through its bank branch network and mortgage banking offices located in the southeastern United States; and an Internet delivery channel, as well as third-party mortgage services to smaller community banks and mortgage companies. Further, the company offers investment services, including equities, mutual funds, bonds, tax-exempt municipals, and annuities; and money management consultation and life insurance products, as well as retirement plan advisory services to business clients. As of January 22, 2018, it operated 58 full-service bank branches across Tennessee, North Alabama, and North Georgia. The company was formerly known as First South Bancorp, Inc. and changed its name to FB Financial Corporation in March 2016. FB Financial Corporation was founded in 1906 and is headquartered in Nashville, Tennessee.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNYSE:FBK
CUSIPN/A
Phone615-564-1212
Debt
Debt-to-Equity Ratio0.22
Current Ratio0.93
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio20.54
Forward P/E Ratio15.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$311.19 million
Price / Sales4.33
Cash Flow$2.2555 per share
Price / Cash19.49
Book Value$19.54 per share
Price / Book2.25
Profitability
EPS (Most Recent Fiscal Year)$2.14
Net Income$52.39 million
Net Margins20.27%
Return on Equity13.36%
Return on Assets1.70%
Miscellaneous
Employees1,386
Outstanding Shares30,680,000
Market Cap$1.36 billion
FB Financial (NYSE:FBK) Frequently Asked Questions
What is FB Financial's stock symbol?
FB Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBK."
How often does FB Financial pay dividends? What is the dividend yield for FB Financial?
FB Financial announced a quarterly dividend on Friday, July 20th. Shareholders of record on Tuesday, July 31st will be given a dividend of $0.06 per share on Wednesday, August 15th. This represents a $0.24 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Monday, July 30th. View FB Financial's Dividend History.
How were FB Financial's earnings last quarter?
FB Financial Corp (NYSE:FBK) announced its earnings results on Tuesday, July, 24th. The financial services provider reported $0.72 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.72. The financial services provider earned $87.23 million during the quarter, compared to the consensus estimate of $85.34 million. FB Financial had a net margin of 20.27% and a return on equity of 13.36%. View FB Financial's Earnings History.
When is FB Financial's next earnings date?
What price target have analysts set for FBK?
4 analysts have issued 1-year target prices for FB Financial's stock. Their forecasts range from $41.00 to $47.00. On average, they expect FB Financial's share price to reach $43.50 in the next year. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for FB Financial.
What is the consensus analysts' recommendation for FB Financial?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FB Financial in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FB Financial.
Who are some of FB Financial's key competitors?
Some companies that are related to FB Financial include Popular (BPOP), Bank Of The Ozarks (OZRK), Prosperity Bancshares (PB), Bank Ozk (OZK), Wintrust Financial (WTFC), IBERIABANK (IBKC), Associated Banc (ASB), Investors Bancorp (ISBC), Texas Capital Bancshares (TCBI), Hancock (HBHC), First Financial Bankshares (FFIN), Home Bancshares (HOMB), Chemical Financial (CHFC), United Bankshares (UBSI) and First Hawaiian (FHB).
Who are FB Financial's key executives?
FB Financial's management team includes the folowing people:
- Mr. James W. Ayers, Exec. Chairman (Age 74)
- Mr. Christopher T. Holmes, Pres, CEO & Director (Age 54)
- Mr. James R. Gordon, Sec. & CFO (Age 52)
- Mr. Wilburn J. Evans, Exec. Officer & Pres of FirstBank Ventures (Age 58)
- Ms. Lisa Smiley, Director of External Financial Reporting
When did FB Financial IPO?
(FBK) raised $100 million in an IPO on Friday, September 16th 2016. The company issued 5,900,000 shares at $16.00-$18.00 per share. J.P. Morgan, UBS and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Raymond James, Sandler O’Neill + Partners and Stephens were co-managers.
Has FB Financial been receiving favorable news coverage?
Press coverage about FBK stock has trended somewhat positive recently, Accern reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FB Financial earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View Recent Headlines for FB Financial.
Who are FB Financial's major shareholders?
FB Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.88%), RE Advisers Corp (2.32%), Penn Capital Management Co. Inc. (1.65%), Dimensional Fund Advisors LP (1.27%), Wells Fargo & Company MN (0.66%) and Northern Trust Corp (0.53%). View Institutional Ownership Trends for FB Financial.
Which institutional investors are selling FB Financial stock?
FBK stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Millennium Management LLC, Renaissance Technologies LLC and Bank of America Corp DE. View Insider Buying and Selling for FB Financial.
Which institutional investors are buying FB Financial stock?
FBK stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Penn Capital Management Co. Inc., Dimensional Fund Advisors LP, RE Advisers Corp, Wells Fargo & Company MN, Janus Henderson Group PLC, Citadel Advisors LLC and Maltese Capital Management LLC. View Insider Buying and Selling for FB Financial.
How do I buy shares of FB Financial?
Shares of FBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is FB Financial's stock price today?
One share of FBK stock can currently be purchased for approximately $43.96.
How big of a company is FB Financial?
FB Financial has a market capitalization of $1.36 billion and generates $311.19 million in revenue each year. The financial services provider earns $52.39 million in net income (profit) each year or $2.14 on an earnings per share basis. FB Financial employs 1,386 workers across the globe.
How can I contact FB Financial?
FB Financial's mailing address is 211 COMMERCE STREET SUITE 300, NASHVILLE TN, 37201. The financial services provider can be reached via phone at 615-564-1212 or via email at [email protected]
MarketBeat Community Rating for FB Financial (NYSE FBK)
MarketBeat's community ratings are surveys of what our community members think about FB Financial and other stocks. Vote "Outperform" if you believe FBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
