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FB Financial Q1 2023 Earnings Report

FB Financial logo
$51.48 +0.44 (+0.86%)
(As of 12/20/2024 05:16 PM ET)

FB Financial EPS Results

Actual EPS
$0.76
Consensus EPS
$0.74
Beat/Miss
Beat by +$0.02
One Year Ago EPS
$0.74

FB Financial Revenue Results

Actual Revenue
$183.03 million
Expected Revenue
$131.72 million
Beat/Miss
Beat by +$51.31 million
YoY Revenue Growth
N/A

FB Financial Announcement Details

Quarter
Q1 2023
Time
After Market Closes

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FB Financial Earnings Headlines

FB Financial downgraded to Market Perform from Outperform at Hovde Group
Hovde Group Downgrades FB Financial (FBK)
AI breakthrough about to upend industry
Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
FB Financial Discusses Strategies at Hovde Conference
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About FB Financial

FB Financial (NYSE:FBK) 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.

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