FB Financial (FBK) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $51.10 to $51.94
• 50-Day Range: $47.80 to $57.74
• 52-Week Range: $33.35 to $58.88
• Volume: 32,424 shs
• Average Volume: 149,258 shs
• Market Capitalization: $2.42 billion
• P/E Ratio: 22.61
• Dividend Yield: 1.31%
• Price Target: $50.20
• Consensus Rating: Hold

FB Financial Stock Analysis - MarketRank™

FB Financial scored higher than 80% of companies evaluated by MarketBeat, and ranked 304th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

FB Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

FB Financial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.55%

Earnings Growth

Earnings for FB Financial are expected to grow by 3.55% in the coming year, from $3.38 to $3.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FB Financial is 22.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.59.

Price to Earnings Ratio vs. Sector

The P/E ratio of FB Financial is 22.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.96.

Price to Book Value per Share Ratio

FB Financial has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.65% of the float of FB Financial has been sold short.

Short Interest Ratio / Days to Cover

FB Financial has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FB Financial has recently increased by 5.10%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

FB Financial pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

FB Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of FB Financial is 29.69%. 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 19.43% next year. This indicates that FB Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.37

Percentage of Shares Shorted

1.65% of the float of FB Financial has been sold short.

Short Interest Ratio / Days to Cover

FB Financial has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FB Financial has recently increased by 5.10%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.73

News Sentiment

FB Financial has a news sentiment score of 1.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for FB Financial this week, compared to 3 articles on an average week.

Search Interest

Only 3 people have searched for FBK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, FB Financial insiders have bought 126.20% more of their company's stock than they have sold. Specifically, they have bought $658,460.00 in company stock and sold $291,100.00 in company stock.

Percentage Held by Insiders

Only 1.70% of the stock of FB Financial is held by insiders.

Percentage Held by Institutions

65.40% of the stock of FB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FBK Stock Analysis - Frequently Asked Questions

How have FBK shares performed this year?

FB Financial's stock was trading at $39.85 at the beginning of 2024. Since then, FBK stock has increased by 29.7% and is now trading at $51.70.
View the best growth stocks for 2024 here.

How were FB Financial's earnings last quarter?

FB Financial Co. (NYSE:FBK) announced its earnings results on Tuesday, October, 15th. The financial services provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.82 by $0.04. The financial services provider earned $169.13 million during the quarter, compared to the consensus estimate of $127.44 million. FB Financial had a net margin of 14.40% and a trailing twelve-month return on equity of 10.38%.

When did FB Financial IPO?

FB Financial (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) acted as the underwriters for the IPO and Raymond James, Sandler O’Neill + Partners and Stephens were co-managers.

Who are FB Financial's major shareholders?

FB Financial's top institutional investors include State Street Corp (3.22%), Wasatch Advisors LP (2.63%), Geode Capital Management LLC (1.75%) and Janus Henderson Group PLC (1.51%). Insiders that own company stock include James W Ayers, Orrin H Ingram II, James W Iv Cross, Raja J Jubran, Wilburn J Evans, William F Carpenter III and Agenia Clark.
View institutional ownership trends.

How do I buy shares of FB Financial?

Shares of FBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of FB Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FB Financial investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), Voyager Therapeutics (VYGR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/15/2024
• Ex-Dividend for 11/19 Dividend: 11/05/2024
• Dividend Payable: 11/19/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NYSE:FBK
• CUSIP: N/A
• CIK: 1649749
• Web: www.firstbankonline.com
• Phone: (615) 564-1212
• Fax: N/A
• Employees: 1,591
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $50.20
• High Stock Price Target: $60.00
• Low Stock Price Target: $42.00
• Potential Upside/Downside: -3.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.29
• Trailing P/E Ratio: 22.59
• Forward P/E Ratio: 15.31
• P/E Growth: N/A
• Net Income: $120.22 million
• Net Margins: 14.40%
• Pretax Margin: 17.75%
• Return on Equity: 10.38%
• Return on Assets: 1.23%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.92
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $441.62 million
• Price / Sales: 5.47
• Cash Flow: $3.20 per share
• Price / Cash Flow: 16.19
• Book Value: $31.06 per share
• Price / Book: 1.67

Miscellaneous

• Outstanding Shares: 46,662,000
• Free Float: 45,869,000
• Market Cap: $2.41 billion
• Optionable: Optionable
• Beta: 1.15