FB Financial Corporation
Description
FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. The company operates in segments, such as Banking and Mortgage. It offers checking, demand, money market, and savings accounts; deposit and lending products and services to corporate, commercial, and consumer customers; and time deposits and certificates of deposits, as well as residential mortgage loans. The company also provides owner-occupied and non-owner-occupied real estate commercial, residential real estate 1-4 family mortgage, multi-family residential, commercial and industrial, construction, land acquisition, residential lines of credit, and land development loans; and consumer and other loans, such as car, boat, and other recreational vehicle loans, as well as manufactured homes without real estate and personal lines of credit. In addition, the company offers mortgage banking services through its bank branch network and mortgage banking offices in the southeastern United States; direct-to-consumer internet delivery channel; and trust, insurance, and investment services, as well as online and mobile banking services. The company operates full-service bank branches and limited-service branches locations throughout Tennessee, Nashville, Chattanooga, Knoxville, Memphis, Jackson, Birmingham, Florence, Huntsville, Alabama, Bowling Green, and Kentucky; and 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 2016. FB Financial Corporation was founded in 1906 and is headquartered in Nashville, Tennessee.
About
CEO
Mr. Christopher T. Holmes
Employees
1,591
Instrument type
Common Stock
Sector
Financial Services
Industry
Banks - Regional
MIC code
XNYS
Address
1221 Broadway, Nashville, TN 37203, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Jan 19, 2026 | — | — | — | — |
| Oct 13, 2025 | — | — | — | — |
| Jul 14, 2025 | — | — | — | — |
| Apr 14, 2025 | — | — | — | — |
| Jan 21, 2025 | 0.84 | 0.85 | 0.01 | 1.19% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 6 | 6 | 6 | 6 |
| Average estimate | 0.83 | 0.89 | 3.62 | 4.05 |
| Low estimate | 0.78 | 0.82 | 3.45 | 3.90 |
| High estimate | 0.86 | 0.93 | 3.75 | 4.25 |
| Last year EPS | 0.85 | 0.84 | 3.40 | 3.62 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-2.160%
Next qtr. (Jun 2025)
5.560%
Current year (Dec 2025)
6.420%
Next year (Dec 2026)
12.020%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 477.76M | 526.90M | 575.63M | 567.51M | 361.43M |
| Cost of revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 211.71M | 222.70M | 262.24M | 243.83M | 161.22M |
| Other operating expenses | — | — | — | — | — |
| Operating income | — | — | — | — | — |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | — | — | — | — | — |
| Other income expense | — | — | — | — | — |
| Pretax income | 150.29M | 159.57M | 243.05M | 82.46M | 109.54M |
| Tax provision | 30.05M | 35.00M | 52.75M | 18.83M | 25.73M |
| Net income | 120.24M | 124.57M | 190.30M | 63.63M | 83.81M |
| Basic EPS | 2.57 | 2.64 | 4.01 | 1.69 | 2.70 |
| Diluted EPS | 2.57 | 2.64 | 3.97 | 1.67 | 2.65 |
| Basic average shares | 46.78M | 47.11M | 47.43M | 37.62M | 30.87M |
| Diluted average shares | 46.78M | 47.11M | 47.43M | 37.62M | 30.87M |
| EBITDA | — | — | — | — | — |
| Net income from continuing op. | 120.24M | 124.57M | 190.30M | 63.63M | 83.81M |
| Minority interests | -16,000 | -16,000 | -16,000 | -8,000 | — |
| Preferred stock dividends | — | — | — | — | 447,000 |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | — | — | — | — | — |
| Current assets | |||||
| Cash | 146.54M | 259.87M | 91.33M | 110.99M | 48.81M |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 727.61M | 816.52M | 1.67B | 1.20B | 101.56M |
| Other short term investments | 1.47B | 1.47B | 1.68B | 1.17B | 688.38M |
| Accounts receivable | 52.72M | 45.68M | 38.53M | 43.60M | 17.08M |
| Other receivables | 42.53M | 41.54M | 59.92M | 26.83M | 21.99M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 13.59M | 9.28M | 12.37M | 7.33M | 4.58M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 167.64M | 170.69M | 152.53M | 285.19M | 179.25M |
| Land and improvements | 35.09M | 32.99M | 33.15M | 33.15M | 26.28M |
| Machinery furniture equipment | 25.73M | 49.20M | 48.39M | 26.73M | 23.55M |
| Construction in progress | 4.94M | 10.23M | 1.71M | 1.50M | 800,000 |
| Leases | 28.27M | 19.00M | 18.53M | 18.43M | 12.99M |
| Accumulated depreciation | -51.66M | -75.75M | -68.88M | -61.77M | -54.63M |
| Goodwill | 658.61M | 665.96M | 618.17M | 588.69M | 433.21M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 173.48M | 180.84M | 133.04M | 103.57M | 95.11M |
| Investments and advances | 1.50B | 1.50B | 1.69B | 1.18B | 691.68M |
| Other non current assets | — | — | — | — | — |
| Total liabilities | — | — | — | — | — |
| Current liabilities | |||||
| Accounts payable | 18.81M | 8.65M | 3.16M | 6.77M | 6.47M |
| Accrued expenses | 18.41M | 13.59M | 22.14M | 35.83M | 16.52M |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 468.35M | 494.99M | 226.52M | 299.69M | 345.75M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | 6.82M | — | 20.49M |
| Derivative product liabilities | 38.22M | 63.23M | 21.00M | 48.24M | 17.93M |
| Other non current liabilities | — | — | — | — | — |
| Shareholders equity | |||||
| Common stock | 46.85M | 46.74M | 47.55M | 47.22M | 31.03M |
| Retained earnings | 678.41M | 586.53M | 486.67M | 317.63M | 293.52M |
| Other shareholders equity | -134.73M | -169.43M | 5.86M | 27.60M | 12.14M |
| Total shareholders equity | 1.45B | 1.33B | 1.43B | 1.29B | 762.33M |
| Additional paid in capital | 864.26M | 861.59M | 892.53M | 898.85M | 425.63M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 93,000 | 93,000 | 93,000 | 93,000 | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Net Income | 120.24M | 124.57M | 190.30M | 63.63M | 83.81M | 80.24M | 52.40M | 40.59M | 47.86M | 32.46M | 26.90M |
| Depreciation | 14.84M | 12.60M | 13.89M | 12.86M | 9.52M | 7.52M | 6.31M | 14.45M | 7.62M | 5.11M | 4.66M |
| Deferred Taxes | -1.42M | 12.55M | 30.77M | -25.53M | -1.92M | 6.36M | 6.46M | 9.26M | 1.65M | 842,000 | 351,000 |
| Stock-Based Compensation | 10.38M | 9.86M | 10.28M | 10.21M | 7.09M | 7.21M | 6.76M | 4.69M | — | — | — |
| Other Non-Cash Items | 79.89M | 609.88M | 45.86M | -161.88M | 95.52M | 238.18M | 21.01M | -184.08M | -43.71M | -114.84M | 46.70M |
| Accounts Receivable | — | — | — | — | — | — | — | — | — | — | — |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 10.20M | -12.19M | 58.31M | -54.65M | -44.94M | -22.97M | 6.48M | -24.73M | -1.30M | -5.50M | 4.18M |
| Operating Cash Flow | 234.14M | 757.27M | 349.42M | -155.36M | 149.08M | 316.54M | 99.41M | -139.82M | 12.11M | -81.93M | 82.79M |
| Investing Activities | |||||||||||
| Capital Expenditures | -20.11M | -9.75M | -6.10M | -5.93M | -5.54M | -9.79M | -4.51M | -4.74M | -5.90M | -4.82M | -5.88M |
| Net Intangibles | — | — | — | — | 29.16M | 39.43M | 11.69M | 34.12M | — | — | — |
| Net Acquisitions | — | — | — | 248.45M | 171.03M | — | -135.14M | — | 24.00M | — | — |
| Purchase of Investments | -202.05M | -242.89M | -847.21M | -424.97M | -151.43M | -203.84M | -81.35M | -316.38M | -164.86M | -109.71M | -125.03M |
| Sale of Investments | 231.76M | 205.97M | 305.11M | 367.04M | 137.52M | 75.81M | 178.09M | 375.52M | 297.84M | 153.29M | 157.63M |
| Investing Cash Flow | 42.09M | -68.14M | -539.79M | 191.72M | 152.90M | -134.16M | -37.48M | 61.09M | 154.85M | 38.76M | 26.09M |
| Financing Activities | |||||||||||
| Long-Term Debt Issuance | — | — | — | 113.19M | 68.24M | — | 29.81M | 36.70M | — | — | — |
| Long-Term Debt Payments | -45.00M | — | -75.00M | -250.00M | — | -120.61M | — | -11.72M | -89.61M | -3.01M | -4.49M |
| Other Financing Charges | -3.62M | -3.03M | -10.89M | -2.00M | -6.10M | -2.66M | — | — | — | — | — |
| Financing Cash Flow | -125.90M | 108.70M | -112.87M | -152.01M | 52.90M | -128.21M | 206.94M | 203.73M | -196.34M | -8.86M | 39.20M |
| Other Cash Details | |||||||||||
| End Cash Position | 810.93M | 1.03B | 1.80B | 1.32B | 232.68M | 125.36M | 119.75M | 136.33M | 97.72M | 49.95M | 67.60M |
| Income Tax Paid | 37.94M | 906,000 | 61.69M | 20.42M | 25.29M | 24.39M | 22.29M | 1.31M | 1.75M | 1.51M | 1.18M |
| Interest Paid | 261.03M | 63.70M | 41.24M | 48.68M | 55.05M | 31.99M | 15.47M | 9.47M | 8.99M | 9.73M | 12.16M |
| Free Cash Flow | 190.84M | 779.08M | 48.79M | -275.94M | 57.09M | 202.06M | 33.07M | -249.99M | -51.69M | -111.03M | 55.05M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 2,263,218 | 121.10M | 4.85% |
| Price (T.Rowe) Small-Cap Value Fund | Sep 30, 2024 | 1,537,924 | 82.29M | 3.30% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,128,650 | 60.39M | 2.42% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,049,549 | 56.16M | 2.25% |
| Price (T.Rowe) U.S. Small-Cap Value Equity Trust | Sep 30, 2024 | 819,354 | 43.84M | 1.76% |
| Price (T.Rowe) Small Cap Stock Fund | Sep 30, 2024 | 810,715 | 43.38M | 1.74% |
| Wasatch Small Cap Value Fund | Sep 30, 2024 | 636,919 | 34.08M | 1.36% |
| Janus Henderson Small Cap Value Fund | Sep 30, 2024 | 555,287 | 29.71M | 1.19% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 525,417 | 28.12M | 1.13% |
| DFA U.S. Targeted Value Portfolio | Oct 31, 2024 | 448,798 | 24.02M | 0.96% |
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