NYSE : FBK
FB Financial Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 53.69 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.65B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 829.73M | 731.92M | 626.40M | 599.20M | 436.36M | 359.26M |
| Interest Income on Investments | 96.40M | 102.00M | 99.14M | 79.22M | 45.06M | 25.74M |
| Total Interest Income | 926.13M | 833.93M | 725.54M | 678.41M | 481.42M | 385.00M |
| Interest Paid on Deposits | 324.87M | 309.21M | 296.35M | 258.82M | 56.64M | 30.19M |
| Interest Paid on Borrowings | 6.58M | 8.62M | 12.69M | 12.37M | 12.54M | 7.44M |
| Total Interest Expense | 331.45M | 317.83M | 309.04M | 271.19M | 69.19M | 37.63M |
| Net Interest Income | 594.69M | 516.10M | 416.50M | 407.22M | 412.24M | 347.37M |
| Mortgage Banking Activities | 46.35M | 52.44M | 46.63M | 44.69M | 73.58M | 167.56M |
| Gain (Loss) on Sale of Investments | -176.00K | -60.46M | -56.38M | -13.97M | -376.00K | 324.00K |
| Gain (Loss) on Sale of Equity Investments | -2.36M | -2.36M | ||||
| Other Non-Interest Income | 45.02M | 40.34M | 37.75M | 27.70M | 29.68M | 47.51M |
| Total Non-Interest Income | 105.49M | 43.91M | 39.07M | 70.54M | 114.67M | 228.25M |
| Revenues Before Loan Losses | 700.18M | 560.01M | 455.57M | 477.76M | 526.90M | 575.62M |
| Provision for Loan Losses | 15.80M | 43.28M | 12.00M | 2.54M | 18.98M | -40.99M |
| Revenue | 684.38M | 516.73M | 443.57M | 475.22M | 507.92M | 616.62M |
| Salaries and Employee Benefits | 212.96M | 200.41M | 174.33M | 193.06M | 201.63M | 238.04M |
| Occupancy Expenses | 28.43M | 26.61M | 25.07M | 25.59M | 22.95M | 21.30M |
| Amortization of Goodwill & Intangibles | 7.35M | 5.30M | 2.95M | 3.66M | 4.58M | 5.47M |
| Selling, General & Administrative | 47.29M | 45.99M | 35.00M | 37.56M | 46.02M | 44.78M |
| Other Non-Interest Expense | 87.88M | 75.84M | 59.56M | 63.29M | 60.70M | 63.97M |
| Total Non-Interest Expense | 383.90M | 354.15M | 296.90M | 323.16M | 335.89M | 373.57M |
| EBT Excluding Unusual Items | 300.48M | 162.59M | 146.67M | 152.06M | 172.03M | 243.05M |
| Other Unusual Items | -265.00K | -265.00K | -1.77M | |||
| Pretax Income | 294.15M | 138.52M | 146.67M | 150.29M | 159.57M | 243.05M |
| Income Tax Expense | 60.78M | 15.88M | 30.62M | 30.05M | 35.00M | 52.75M |
| Earnings From Continuing Operations | 233.37M | 122.64M | 116.05M | 120.24M | 124.57M | 190.30M |
| Minority Interest in Earnings | -16.00K | -16.00K | -16.00K | -16.00K | -16.00K | -16.00K |
| Net Income | 233.35M | 122.62M | 116.03M | 120.22M | 124.56M | 190.28M |
| Net Income to Common | 233.35M | 122.62M | 116.03M | 120.22M | 124.56M | 190.28M |
| Basic Shares Outstanding | 51.41M | 49.74M | 46.74M | 46.78M | 47.11M | 47.43M |
| Diluted Shares Outstanding | 51.81M | 50.07M | 46.87M | 46.82M | 47.24M | 47.96M |
| EPS (Basic) | 4.54 | 2.47 | 2.48 | 2.57 | 2.64 | 4.01 |
| EPS (Diluted) | 4.50 | 2.45 | 2.48 | 2.57 | 2.64 | 3.97 |
| Dividend Per Share | 0.82 | 0.76 | 0.68 | 0.60 | 0.52 | 0.44 |
| Effective Tax Rate | 20.66% | 11.46% | 20.88% | 20.00% | 21.93% | 21.70% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.02B | 1.11B | 981.39M | 763.13M | 951.65M | 1.72B |
| Investment Securities | 956.73M | 942.18M | 816.68M | 631.03M | 520.24M | 480.31M |
| Trading Asset Securities | 24.32M | 29.95M | 34.74M | 48.77M | 27.38M | |
| Mortgage-Backed Securities | 587.16M | 613.00M | 825.86M | 913.93M | 1.05B | 1.28B |
| Total Investments | 1.54B | 1.58B | 1.67B | 1.58B | 1.62B | 1.79B |
| Gross Loans | 13.18B | 12.41B | 9.62B | 9.43B | 9.31B | 7.62B |
| Allowance for Loan Losses | -193.96M | -185.98M | -151.94M | -150.33M | -134.19M | -125.56M |
| Net Loans | 12.99B | 12.22B | 9.47B | 9.27B | 9.18B | 7.50B |
| Property, Plant & Equipment | 224.71M | 231.62M | 196.86M | 210.03M | 206.36M | 185.43M |
| Goodwill | 350.35M | 350.35M | 242.56M | 242.56M | 242.56M | 242.56M |
| Other Intangible Assets | 25.87M | 32.18M | 7.15M | 9.23M | 12.48M | 17.53M |
| Loans Held for Sale | 255.07M | 201.08M | 126.76M | 67.85M | 139.45M | 752.22M |
| Accrued Interest Receivable | 60.37M | 58.56M | 49.61M | 52.72M | 45.68M | 38.53M |
| Other Receivables | 48.67M | 42.00M | 26.19M | 27.11M | 43.83M | |
| Restricted Cash | 30.68M | 20.96M | 14.04M | 23.32M | 57.87M | |
| Other Current Assets | 20.01M | 16.02M | 13.59M | 9.28M | 12.37M | |
| Long-Term Deferred Tax Assets | 12.82M | 21.60M | 31.63M | 42.41M | ||
| Other Real Estate Owned & Foreclosed | 8.93M | 9.57M | 6.85M | 4.33M | 6.14M | 9.78M |
| Other Long-Term Assets | 621.50M | 391.75M | 301.82M | 280.41M | 283.37M | 194.28M |
| Total Assets | 17.09B | 16.30B | 13.16B | 12.60B | 12.85B | 12.60B |
| Accrued Expenses | 172.65M | 28.88M | 26.90M | 18.41M | 13.59M | 22.14M |
| Interest Bearing Deposits | 11.89B | 10.56B | 8.64B | 7.69B | 7.62B | 7.79B |
| Institutional Deposits | 718.78M | 450.01M | 644.59M | 556.54M | 303.29M | |
| Non-Interest Bearing Deposits | 2.78B | 2.63B | 2.12B | 2.22B | 2.68B | 2.74B |
| Total Deposits | 14.67B | 13.91B | 11.21B | 10.55B | 10.86B | 10.84B |
| Short-Term Borrowings | 123.37M | 45.88M | 276.98M | 325.17M | 61.72M | |
| Current Portion of Leases | 9.12M | |||||
| Accrued Interest Payable | 21.55M | 24.18M | 18.81M | 8.65M | 3.16M | |
| Long-Term Debt | 265.39M | 28.10M | 31.36M | 21.23M | 26.21M | |
| Long-Term Leases | 56.22M | 52.57M | 61.25M | 68.97M | 71.17M | 47.88M |
| Trust Preferred Securities | 83.67M | 130.70M | 129.65M | 126.10M | 129.54M | |
| Long-Term Deferred Tax Liabilities | 6.82M | |||||
| Other Long-Term Liabilities | 94.82M | 59.14M | 67.19M | 95.50M | 56.83M | |
| Total Liabilities | 15.16B | 14.35B | 11.59B | 11.15B | 11.52B | 11.16B |
| Common Stock | 49.44M | 51.75M | 46.66M | 46.85M | 46.74M | 47.55M |
| Additional Paid-In Capital | 954.57M | 1.08B | 860.27M | 864.26M | 861.59M | 892.53M |
| Retained Earnings | 990.42M | 846.62M | 762.29M | 678.41M | 586.53M | 486.67M |
| Comprehensive Income & Other | -60.78M | -32.55M | -101.68M | -134.72M | -169.43M | 5.86M |
| Total Common Equity | 1.93B | 1.95B | 1.57B | 1.45B | 1.33B | 1.43B |
| Minority Interest | 93.00K | 93.00K | 93.00K | 93.00K | 93.00K | 93.00K |
| Shareholders' Equity | 1.93B | 1.95B | 1.57B | 1.45B | 1.33B | 1.43B |
| Total Liabilities & Equity | 17.09B | 16.30B | 13.16B | 12.60B | 12.85B | 12.60B |
| Total Debt | 321.61M | 296.83M | 269.20M | 496.82M | 548.66M | 239.15M |
| Net Cash (Debt) | 696.08M | 883.38M | 803.24M | 348.85M | 527.16M | 1.59B |
| Net Cash Per Share | 13.43 | 17.64 | 17.14 | 7.45 | 11.16 | 33.07 |
| Filing Date Shares Outstanding | 49.44M | 51.76M | 46.68M | 46.86M | 46.63M | 47.56M |
| Total Common Shares Outstanding | 49.44M | 51.75M | 46.66M | 46.85M | 46.74M | 47.55M |
| Book Value Per Share | 39.11 | 37.64 | 33.59 | 31.05 | 28.36 | 30.13 |
| Tangible Book Value | 1.56B | 1.57B | 1.32B | 1.20B | 1.07B | 1.17B |
| Tangible Book Value Per Share | 31.50 | 30.25 | 28.24 | 25.68 | 22.90 | 24.66 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 122.62M | 116.03M | 120.22M | 124.56M | 190.28M | |
| Depreciation & Amortization | 23.66M | 20.27M | 21.97M | 20.58M | 20.52M | |
| Other Amortization | 2.38M | 1.99M | 1.77M | 850.00K | 1.02M | |
| Gain (Loss) on Sale of Assets | 1.17M | 2.17M | 27.00K | 265.00K | -2.83M | |
| Gain (Loss) on Sale of Investments | 57.38M | 58.56M | 20.08M | 6.96M | 8.45M | |
| Provision for Credit Losses | 43.46M | 12.24M | 1.89M | 15.99M | -41.76M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -43.89M | -15.88M | 77.23M | 663.53M | 85.73M | |
| Change in Other Net Operating Assets | -15.63M | -21.46M | -5.60M | 54.05M | -41.79M | |
| Other Operating Activities | -2.87M | -10.25M | -7.67M | -50.18M | -13.91M | |
| Operating Cash Flow | 155.86M | 138.80M | 211.07M | 799.71M | 54.90M | |
| Capital Expenditures | -8.85M | -6.55M | -20.23M | -10.63M | -6.10M | |
| Sale of Property, Plant and Equipment | 1.85M | 1.01M | 123.00K | 875.00K | ||
| Cash Acquisitions | 370.15M | |||||
| Investment in Securities | 149.10M | -89.18M | 29.71M | -46.92M | -542.10M | |
| Income (Loss) Equity Investments | 2.36M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -515.02M | -211.94M | -97.30M | -1.68B | -309.77M | |
| Other Investing Activities | -36.15M | 10.33M | 26.40M | -26.42M | -985.00K | |
| Investing Cash Flow | -32.48M | -294.00M | -55.22M | -1.75B | -849.56M | |
| Short-Term Debt Issued | 86.37M | 21.82M | 221.23M | 8.52M | ||
| Long-Term Debt Issued | 130.00M | |||||
| Total Debt Issued | 86.37M | 151.82M | 221.23M | 8.52M | ||
| Short-Term Debt Repaid | -95.27M | -175.00M | -15.00M | |||
| Long-Term Debt Repaid | -130.93M | -130.00M | -60.00M | |||
| Total Debt Repaid | -130.93M | -225.26M | -175.00M | -75.00M | ||
| Net Debt Issued (Repaid) | -44.56M | -225.26M | -23.18M | 221.23M | -66.48M | |
| Issuance of Common Stock | 897.00K | 882.00K | 723.00K | 1.21M | 1.48M | |
| Repurchase of Common Stock | -159.07M | -14.54M | -8.32M | -42.82M | -17.75M | |
| Common Dividends Paid | -37.89M | -31.78M | -28.06M | -24.50M | -20.87M | |
| Net Increase (Decrease) in Deposit Accounts | 231.00M | 657.65M | -312.90M | 28.78M | 1.38B | |
| Other Financing Activities | -352.00K | -182.00K | -242.00K | -184.00K | -733.00K | |
| Financing Cash Flow | -9.97M | 386.76M | -371.98M | 183.72M | 1.27B | |
| Net Cash Flow | 113.41M | 231.56M | -216.12M | -770.69M | 479.84M | |
| Free Cash Flow | 147.01M | 132.25M | 190.84M | 789.08M | 48.79M | |
| Free Cash Flow Margin | 28.45% | 29.82% | 40.16% | 155.36% | 7.91% | |
| Free Cash Flow Per Share | 2.94 | 2.82 | 4.08 | 16.70 | 1.02 | |
| Cash Interest Paid | 320.46M | 303.66M | 261.03M | 63.70M | 41.24M | |
| Cash Income Tax Paid | 20.97M | 43.20M | 37.94M | 906.00K | 61.69M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.65B | 2.98B | 2.40B | 1.87B | 1.70B | 2.09B |
| Last Close Price | 53.57 | 55.20 | 50.18 | 38.18 | 33.99 | 40.71 |
| PE Ratio | 11.90 | 24.33 | 20.71 | 15.53 | 13.62 | 10.99 |
| PS Ratio | 3.87 | 5.77 | 5.42 | 3.93 | 3.34 | 3.39 |
| PB Ratio | 1.37 | 1.53 | 1.53 | 1.28 | 1.28 | 1.46 |
| P/FCF Ratio | 13.25 | 20.29 | 18.17 | 9.78 | 2.15 | 42.85 |
| P/OCF Ratio | 12.79 | 19.14 | 17.32 | 8.84 | 2.12 | 38.09 |
| Debt / Equity Ratio | 0.17 | 0.15 | 0.17 | 0.34 | 0.41 | 0.17 |
| Debt / FCF Ratio | 2.02 | 2.04 | 2.60 | 0.69 | 4.90 | |
| Net Debt / Equity Ratio | -0.36 | -0.45 | -0.51 | -0.24 | -0.40 | -1.11 |
| Net Debt / FCF Ratio | -6.01 | -6.07 | -1.83 | -0.67 | -32.50 | |
| Return on Equity (ROE) | 11.93% | 6.98% | 7.68% | 8.65% | 9.03% | 13.97% |
| Return on Assets (ROA) | 1.40% | 0.83% | 0.90% | 0.95% | 0.98% | 1.60% |
| Earnings Yield | 8.40% | 4.11% | 4.83% | 6.44% | 7.34% | 9.10% |
| FCF Yield | 7.55% | 4.93% | 5.50% | 10.22% | 46.52% | 2.33% |
| Dividend Yield | 1.57% | 1.32% | 1.32% | 1.51% | 1.43% | 1.00% |
| Payout Ratio | 18.67% | 30.90% | 27.39% | 23.34% | 19.67% | 10.97% |
| Buyback Yield / Dilution | -6.81% | -6.82% | -0.11% | 0.88% | 1.49% | -25.87% |
| Total Shareholder Return | -5.24% | -5.50% | 1.21% | 2.39% | 2.93% | -24.87% |