NYSE:FBKFB Financial Stock Price, Forecast & News

$22.50

+0.20 (+0.90 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$22.23

Now: $22.50▼

$23.01

50-Day Range

$18.19

MA: $20.94▼

$22.99

52-Week Range

$14.38

Now: $22.50▼

$40.33

Volume98,532 shs

Average Volume149,708 shs

Market Capitalization$721.80 million

P/E Ratio10.98

Dividend Yield1.60%

Beta1.43

FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services 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 products and services through its bank branches and mortgage 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 insurance agency, as well as retirement plan advisory services. Additionally, it provides online and mobile banking, direct deposit, wire transfer, night depository, banking-by-mail, remote capture, and cash management services. It operates 58 full-service bank branches and 9 other banking locations throughout Tennessee, North Alabama, and North Georgia; and 19 mortgage offices throughout the southeastern United States. 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.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
FB Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.60, FB Financial has a potential upside of 49.3% from its current price of $22.50.
Amount of Analyst Coverage
FB Financial has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
FB Financial has received 218 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
FB Financial has received 338 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
FB Financial has received 60.79% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
FB Financial is a leading dividend payer. It pays a dividend yield of 1.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
FB Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of FB Financial is 12.72 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, FB Financial will have a dividend payout ratio of 16.74 % next year. This indicates that FB Financial will be able to sustain or increase its dividend.

5.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FB Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,606,925.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
45.20% of the stock of FB Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
54.42% of the stock of FB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for FB Financial are expected to grow by 19.44% in the coming year, from $1.80 to $2.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FB Financial is 10.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of FB Financial is 10.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 15.63.
Price to Book Value per Share Ratio
FB Financial has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.20 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:FBK

Previous Symbol

CUSIPN/A

CIK1649749

Webwww.firstbankonline.com

Phone615-564-1212

Debt

Debt-to-Equity Ratio0.04

Current Ratio0.90

Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio10.98

Forward P/E Ratio12.50

P/E GrowthN/A

Sales & Book Value

Annual Sales$417.93 million

Price / Sales1.73

Cash Flow$3.28 per share

Price / Cash Flow6.85

Book Value$24.56 per share

Price / Book0.92

Profitability

EPS (Most Recent Fiscal Year)$2.83

Net Income$83.81 million

Net Margins14.92%

Return on Equity9.82%

Return on Assets1.19%

Miscellaneous

Employees1,399

Outstanding Shares32,080,000

Market Cap$721.80 million

Next Earnings Date7/27/2020 (Estimated)

OptionableNot Optionable

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FB Financial (NYSE:FBK) Frequently Asked Questions

How has FB Financial's stock been impacted by COVID-19 (Coronavirus)?

FB Financial's stock was trading at $25.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FBK shares have decreased by 10.4% and is now trading at $22.50. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of FB Financial?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FB Financial in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for FB Financial.

When is FB Financial's next earnings date?

FB Financial is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for FB Financial.

How were FB Financial's earnings last quarter?

FB Financial Corp (NYSE:FBK) issued its earnings results on Monday, April, 27th. The financial services provider reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by $0.33. The financial services provider earned $98.95 million during the quarter, compared to the consensus estimate of $89 million. FB Financial had a net margin of 14.92% and a return on equity of 9.82%. View FB Financial's earnings history.

How often does FB Financial pay dividends? What is the dividend yield for FB Financial?

FB Financial declared a quarterly dividend on Friday, May 1st. Investors of record on Monday, May 11th will be paid a dividend of $0.09 per share on Tuesday, May 26th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Friday, May 8th. View FB Financial's dividend history.

What price target have analysts set for FBK?

6 analysts have issued twelve-month price objectives for FB Financial's shares. Their forecasts range from $18.50 to $44.00. On average, they expect FB Financial's share price to reach $33.60 in the next year. This suggests a possible upside of 49.3% from the stock's current price. View analysts' price targets for FB Financial.

Has FB Financial been receiving favorable news coverage?

Press coverage about FBK stock has trended negative on Tuesday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. FB Financial earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFB Financial.

Who are some of FB Financial's key competitors?

Some companies that are related to FB Financial include Bank Ozk (OZK), United Bankshares (UBSI), Bank of Hawaii (BOH), CVB Financial (CVBF), Home Bancshares (HOMB), Wintrust Financial (WTFC), Independent Bank (INDB), Bancorpsouth Bank (BXS), IBERIABANK (IBKC), First Hawaiian (FHB), Investors Bancorp (ISBC), Associated Banc (ASB), Cathay General Bancorp (CATY), First Interstate Bancsystem (FIBK) and International Bancshares (IBOC). View all competitors.

What other stocks do shareholders of FB Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FB Financial investors own include Shopify (SHOP), AbbVie (ABBV), Home Depot (HD), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), Tc Pipelines (TRP), British American Tobacco (BTI), Carnival (CCL) and Canopy Growth (CGC).

Who are FB Financial's key executives?

FB Financial's management team includes the following people:

Mr. James W. Ayers, Exec. Chairman (Age 75)
Mr. Christopher T. Holmes, Pres, CEO & Director (Age 55)
Mr. James R. Gordon, Chief Financial Officer (Age 53)
Mr. Wilburn J. Evans, Exec. Officer (Age 59)
Ms. Lisa Smiley, Director of External Financial Reporting

When did FB Financial IPO?

(FBK) raised $100 million in an initial public offering on Friday, September 16th 2016. The company issued 5,900,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, UBS and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and Raymond James, Sandler O’Neill + Partners and Stephens were co-managers.

What is FB Financial's stock symbol?

FB Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "FBK."

Who are FB Financial's major shareholders?

FB Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (4.60%), BlackRock Inc. (4.11%), Mendon Capital Advisors Corp (2.94%), Wasatch Advisors Inc. (2.10%), Penn Capital Management Co. Inc. (1.33%) and State Street Corp (1.18%). Company insiders that own FB Financial stock include Christopher T Holmes, James L Exum, James W Ayers, Raja J Jubran and William F Carpenter III. 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 RMB Capital Management LLC, Mendon Capital Advisors Corp, First Trust Advisors LP, Morgan Stanley, UBS Group AG, State Street Corp, Banc Funds Co. LLC, and Wasatch Advisors Inc.. View insider buying and selling activity for FB Financial.

Which institutional investors are buying FB Financial stock?

FBK stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Penn Capital Management Co. Inc., FDx Advisors Inc., FDx Advisors Inc., GAM Holding AG, Two Sigma Investments LP, New York State Common Retirement Fund, and JPMorgan Chase & Co.. Company insiders that have bought FB Financial stock in the last two years include Christopher T Holmes, James W Ayers, Raja J Jubran, and William F Carpenter III. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is FB Financial's stock price today?

One share of FBK stock can currently be purchased for approximately $22.50.

How big of a company is FB Financial?

FB Financial has a market capitalization of $721.80 million and generates $417.93 million in revenue each year. The financial services provider earns $83.81 million in net income (profit) each year or $2.83 on an earnings per share basis. FB Financial employs 1,399 workers across the globe.

What is FB Financial's official website?

The official website for FB Financial is www.firstbankonline.com.

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff