FB Financial (FBK) Financials

$40.56 +0.08 (+0.19%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$40.59 +0.04 (+0.09%)

As of 04/17/2025 04:08 PM Eastern

Annual Income Statements for FB Financial

This table shows FB Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	125	120	116
Consolidated Net Income / (Loss)	125	120	116
Net Income / (Loss) Continuing Operations	125	120	116
Total Pre-Tax Income	160	150	147
Total Revenue	527	478	456
Net Interest Income / (Expense)	412	407	417
Total Interest Income	481	678	726
Loans and Leases Interest Income	436	599	626
Investment Securities Interest Income	33	34	55
Other Interest Income	12	45	44
Total Interest Expense	69	271	309
Deposits Interest Expense	57	259	296
Long-Term Debt Interest Expense	13	12	13
Total Non-Interest Income	115	71	39
Other Service Charges	115	85	98
Net Realized & Unrealized Capital Gains on Investments	-0.64	-14	-59
Provision for Credit Losses	19	2.54	12
Total Non-Interest Expense	348	325	297
Salaries and Employee Benefits	211	203	184
Net Occupancy & Equipment Expense	33	37	36
Marketing Expense	11	8.27	7.01
Property & Liability Insurance Claims	15	8.89	7.68
Other Operating Expenses	73	63	60
Amortization Expense	4.59	3.66	2.95
Income Tax Expense	35	30	31
Net Income / (Loss) Attributable to Noncontrolling Interest	0.02	0.02	0.02
Basic Earnings per Share	$2.64	$2.57	$2.48
Weighted Average Basic Shares Outstanding	46.63M	46.86M	46.68M
Diluted Earnings per Share	$2.64	$2.57	$2.48
Weighted Average Diluted Shares Outstanding	46.63M	46.86M	46.68M
Weighted Average Basic & Diluted Shares Outstanding	46.63M	46.86M	46.68M
Cash Dividends to Common per Share	$0.52	$0.60	$0.68

This table shows FB Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	32	38	36	35	19	29	28	40	10	38
Consolidated Net Income / (Loss)	32	38	36	35	19	29	28	40	10	38
Net Income / (Loss) Continuing Operations	32	38	36	35	19	29	28	40	10	38
Total Pre-Tax Income	41	48	46	45	23	36	34	51	11	50
Total Revenue	134	128	127	125	109	116	107	128	90	130
Net Interest Income / (Expense)	111	110	104	102	101	101	99	103	106	108
Total Interest Income	128	148	159	170	174	175	176	177	186	186
Loans and Leases Interest Income	117	133	140	149	154	156	156	155	159	157
Investment Securities Interest Income	8.66	8.51	8.37	8.29	8.19	9.55	11	13	15	16
Other Interest Income	3.16	5.91	11	13	12	9.54	9.98	8.90	12	13
Total Interest Expense	17	37	56	69	73	74	77	75	80	78
Deposits Interest Expense	13	31	53	65	70	71	73	72	76	76
Long-Term Debt Interest Expense	3.97	5.64	2.96	3.38	3.16	2.87	4.01	3.30	3.52	1.86
Total Non-Interest Income	23	17	23	24	8.04	15	7.96	26	-16	22
Other Service Charges	22	18	23	23	22	16	24	26	24	24
Net Realized & Unrealized Capital Gains on Investments	0.29	-0.23	-0.11	0.51	-14	-0.31	-16	-0.28	-40	-2.16
Provision for Credit Losses	11	-0.46	0.49	-1.08	2.82	0.31	0.78	2.22	1.91	7.08
Total Non-Interest Expense	82	80	80	81	83	80	72	75	76	73
Salaries and Employee Benefits	51	46	49	52	54	48	45	46	48	45
Net Occupancy & Equipment Expense	8.35	8.39	8.02	8.63	8.77	12	9.02	8.61	9.13	9.13
Marketing Expense	2.05	3.09	2.13	2.00	2.12	2.01	1.17	1.86	1.95	2.03
Property & Liability Insurance Claims	4.45	4.86	3.11	2.20	1.76	1.82	1.92	1.98	1.90	1.88
Other Operating Expenses	15	17	17	16	15	15	15	16	15	14
Amortization Expense	1.11	1.04	0.99	0.94	0.89	0.84	0.79	0.75	0.72	0.69
Income Tax Expense	8.93	10	9.70	9.84	3.98	6.55	6.30	11	1.17	12
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.01	0.00	0.01	0.00	0.01	0.00	0.01	0.00	0.01
Basic Earnings per Share	$0.68	$0.81	$0.78	$0.75	$0.41	$0.63	$0.60	$0.85	$0.22	$0.81
Weighted Average Basic Shares Outstanding	46.93M	46.63M	46.78M	46.80M	46.84M	46.86M	46.99M	46.64M	46.66M	46.68M
Diluted Earnings per Share	$0.68	$0.81	$0.78	$0.75	$0.41	$0.63	$0.59	$0.85	$0.22	$0.82
Weighted Average Diluted Shares Outstanding	46.93M	46.63M	46.78M	46.80M	46.84M	46.86M	46.99M	46.64M	46.66M	46.68M
Weighted Average Basic & Diluted Shares Outstanding	46.93M	46.63M	46.78M	46.80M	46.84M	46.86M	46.99M	46.64M	46.66M	46.68M

This table details how cash moves in and out of FB Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-771	-216	232
Net Cash From Operating Activities	800	211	139
Net Cash From Continuing Operating Activities	800	212	139
Net Income / (Loss) Continuing Operations	125	120	116
Consolidated Net Income / (Loss)	125	120	116
Provision For Loan Losses	16	2.54	12
Depreciation Expense	8.02	11	12
Amortization Expense	13	9.46	4.86
Non-Cash Adjustments to Reconcile Net Income	584	74	15
Changes in Operating Assets and Liabilities, net	54	-5.60	-21
Net Cash From Investing Activities	-1,754	-55	-294
Net Cash From Continuing Investing Activities	-1,754	-55	-294
Purchase of Property, Leasehold Improvements and Equipment	-11	-20	-6.55
Purchase of Investment Securities	-1,955	-299	-1,127
Sale of Property, Leasehold Improvements and Equipment	0.88	0.12	1.01
Sale and/or Maturity of Investments	211	264	839
Net Cash From Financing Activities	184	-372	387
Net Cash From Continuing Financing Activities	184	-372	387
Net Change in Deposits	29	-313	658
Issuance of Debt	175	0.00	0.00
Issuance of Common Equity	1.21	0.72	0.88
Repayment of Debt	0.00	-45	-130
Repurchase of Common Equity	-40	-4.94	-13
Payment of Dividends	-25	-28	-32
Other Financing Activities, Net	43	18	-97
Cash Interest Paid	64	261	304
Cash Income Taxes Paid	0.91	38	43

This table details how cash moves in and out of FB Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-255	409	293	-160	-312	-37	60	-70	151	91
Net Cash From Operating Activities	215	56	98	8.23	30	74	36	31	48	24
Net Cash From Continuing Operating Activities	215	56	98	8.23	30	75	36	31	48	24
Net Income / (Loss) Continuing Operations	32	38	36	35	19	29	28	40	10	38
Consolidated Net Income / (Loss)	32	38	36	35	19	29	28	40	10	38
Provision For Loan Losses	11	-1.46	0.24	-1.28	2.62	0.96	0.83	2.30	1.99	7.12
Depreciation Expense	2.06	1.91	2.23	2.45	2.68	3.82	2.84	2.86	3.26	3.01
Amortization Expense	1.74	2.23	2.15	2.67	2.25	2.39	2.24	1.93	1.16	-0.48
Non-Cash Adjustments to Reconcile Net Income	157	-6.28	42	-14	6.52	39	1.35	-22	56	-20
Changes in Operating Assets and Liabilities, net	12	21	15	-17	-3.15	-0.51	1.06	5.59	-25	-3.16
Net Cash From Investing Activities	-468	-176	-18	72	67	-176	110	-40	-210	-153
Net Cash From Continuing Investing Activities	-468	-176	-18	72	67	-176	110	-40	-210	-153
Purchase of Property, Leasehold Improvements and Equipment	-2.84	-4.57	-9.45	-3.13	-3.99	-3.67	-1.62	-2.24	-1.12	-1.57
Purchase of Investment Securities	-514	-205	-53	36	-45	-238	-164	-108	-626	-230
Sale of Property, Leasehold Improvements and Equipment	-	-	0.00	-	0.11	0.02	0.14	0.15	0.20	0.52
Sale and/or Maturity of Investments	49	34	44	39	115	66	275	70	416	77
Net Cash From Financing Activities	-1.96	529	213	-240	-409	64	-87	-60	314	220
Net Cash From Continuing Financing Activities	-1.96	529	213	-240	-409	64	-87	-60	314	220
Net Change in Deposits	-533	849	326	-310	-235	-93	-48	-37	508	234
Repayment of Debt	-	-	-50	-	-137	142	-31	31	-219	89
Payment of Dividends	-5.98	-6.27	-6.99	-7.18	-6.86	-7.03	-8.00	-8.07	-7.78	-7.93
Other Financing Activities, Net	-3.34	58	-52	78	-30	22	-0.63	-33	32	-95
Cash Interest Paid	16	32	53	64	69	76	75	75	79	74
Cash Income Taxes Paid	0.08	0.10	-0.90	30	8.54	0.06	0.28	20	14	9.02

This table presents FB Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	12,848	12,604	13,157
Cash and Due from Banks	260	147	120
Federal Funds Sold	211	83	126
Interest Bearing Deposits at Other Banks	557	581	797
Trading Account Securities	1,614	1,540	1,665
Loans and Leases, Net of Allowance	9,164	9,258	9,450
Loans and Leases	9,298	9,409	9,602
Allowance for Loan and Lease Losses	134	150	152
Premises and Equipment, Net	146	156	149
Goodwill	243	243	243
Intangible Assets	12	8.71	5.76
Other Assets	566	512	530
Total Liabilities & Shareholders' Equity	12,848	12,604	13,157
Total Liabilities	11,522	11,150	11,590
Non-Interest Bearing Deposits	2,677	2,218	2,116
Interest Bearing Deposits	8,179	8,330	9,094
Long-Term Debt	416	391	177
Other Long-Term Liabilities	251	210	203
Total Equity & Noncontrolling Interests	1,326	1,455	1,568
Total Preferred & Common Equity	1,325	1,455	1,568
Total Common Equity	1,325	1,455	1,568
Common Stock	908	911	907
Retained Earnings	587	678	762
Accumulated Other Comprehensive Income / (Loss)	-169	-135	-102
Noncontrolling Interest	0.09	0.09	0.09

This table presents FB Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	12,258	13,101	12,887	12,490	12,548	12,535	12,920
Cash and Due from Banks	193	134	148	188	125	193	126
Federal Funds Sold	115	64	48	130	101	92	97
Interest Bearing Deposits at Other Banks	310	1,122	964	530	645	516	728
Trading Account Securities	1,616	1,557	1,522	1,455	1,547	1,589	1,671
Loans and Leases, Net of Allowance	8,971	9,227	9,185	9,141	9,137	9,154	9,322
Loans and Leases	9,105	9,366	9,326	9,287	9,289	9,310	9,478
Allowance for Loan and Lease Losses	134	139	141	146	152	155	156
Premises and Equipment, Net	143	153	155	156	155	155	153
Goodwill	243	243	243	243	243	243	243
Intangible Assets	13	11	10	9.55	7.92	7.17	6.45
Other Assets	579	515	537	561	511	514	502
Total Liabilities & Shareholders' Equity	12,258	13,101	12,887	12,490	12,548	12,535	12,920
Total Liabilities	10,977	11,731	11,500	11,117	11,069	11,035	11,358
Non-Interest Bearing Deposits	2,967	2,489	2,400	2,358	2,182	2,187	2,226
Interest Bearing Deposits	7,040	8,694	8,472	8,281	8,323	8,281	8,750
Long-Term Debt	723	312	390	227	361	361	182
Other Long-Term Liabilities	248	236	238	251	203	206	199
Total Equity & Noncontrolling Interests	1,281	1,370	1,387	1,373	1,480	1,501	1,562
Total Preferred & Common Equity	1,281	1,370	1,387	1,373	1,480	1,501	1,562
Total Common Equity	1,281	1,370	1,387	1,373	1,480	1,501	1,562
Common Stock	914	903	906	909	914	902	905
Retained Earnings	555	616	644	656	698	730	732
Accumulated Other Comprehensive Income / (Loss)	-187	-150	-163	-192	-132	-132	-75
Noncontrolling Interest	0.09	0.09	0.09	0.09	0.09	0.09	0.09

This table displays calculated financial ratios and metrics derived from FB Financial's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	-8.46%	-9.33%	-4.64%
EBITDA Growth	-32.42%	-5.13%	-4.35%
EBIT Growth	-34.35%	-5.82%	-2.41%
NOPAT Growth	-34.54%	-3.48%	-3.48%
Net Income Growth	-34.54%	-3.48%	-3.48%
EPS Growth	-33.50%	-2.65%	-3.50%
Operating Cash Flow Growth	1,356.80%	-73.61%	-34.24%
Free Cash Flow Firm Growth	-110.52%	228.25%	1,295.55%
Invested Capital Growth	8.52%	6.01%	-5.50%
Revenue Q/Q Growth	-2.77%	-2.36%	3.16%
EBITDA Q/Q Growth	-8.59%	-5.63%	6.88%
EBIT Q/Q Growth	-8.41%	-7.55%	10.72%
NOPAT Q/Q Growth	-7.90%	-6.80%	7.92%
Net Income Q/Q Growth	-7.90%	-6.80%	7.92%
EPS Q/Q Growth	-7.69%	-6.55%	8.30%
Operating Cash Flow Q/Q Growth	-4.78%	15.67%	-26.57%
Free Cash Flow Firm Q/Q Growth	95.88%	-97.08%	682.87%
Invested Capital Q/Q Growth	-13.12%	15.39%	-0.01%
Profitability Metrics	-	-	-
EBITDA Margin	34.19%	35.78%	35.89%
EBIT Margin	30.29%	31.46%	32.19%
Profit (Net Income) Margin	23.64%	25.17%	25.47%
Tax Burden Percent	78.06%	80.00%	79.12%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	21.94%	20.00%	20.88%
Return on Invested Capital (ROIC)	7.45%	6.70%	6.46%
ROIC Less NNEP Spread (ROIC-NNEP)	7.45%	6.70%	6.46%
Return on Net Nonoperating Assets (RNNOA)	1.59%	1.95%	1.21%
Return on Equity (ROE)	9.03%	8.65%	7.68%
Cash Return on Invested Capital (CROIC)	-0.73%	0.87%	12.12%
Operating Return on Assets (OROA)	1.25%	1.18%	1.14%
Return on Assets (ROA)	0.98%	0.94%	0.90%
Return on Common Equity (ROCE)	9.03%	8.65%	7.68%
Return on Equity Simple (ROE_SIMPLE)	9.40%	8.27%	7.40%
Net Operating Profit after Tax (NOPAT)	125	120	116
NOPAT Margin	23.64%	25.17%	25.47%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	48.51%	52.14%	49.76%
Operating Expenses to Revenue	66.11%	68.01%	65.17%
Earnings before Interest and Taxes (EBIT)	160	150	147
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	180	171	163
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.23	1.26	1.53
Price to Tangible Book Value (P/TBV)	1.52	1.52	1.82
Price to Revenue (P/Rev)	3.10	3.83	5.26
Price to Earnings (P/E)	13.10	15.22	20.64
Dividend Yield	1.50%	1.54%	1.32%
Earnings Yield	7.63%	6.57%	4.85%
Enterprise Value to Invested Capital (EV/IC)	0.59	0.76	0.88
Enterprise Value to Revenue (EV/Rev)	1.94	2.95	3.36
Enterprise Value to EBITDA (EV/EBITDA)	5.66	8.25	9.35
Enterprise Value to EBIT (EV/EBIT)	6.39	9.38	10.43
Enterprise Value to NOPAT (EV/NOPAT)	8.19	11.72	13.18
Enterprise Value to Operating Cash Flow (EV/OCF)	1.28	6.68	11.02
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	90.44	7.03
Leverage & Solvency	-	-	-
Debt to Equity	0.31	0.27	0.11
Long-Term Debt to Equity	0.31	0.27	0.11
Financial Leverage	0.21	0.29	0.19
Leverage Ratio	9.23	9.15	8.52
Compound Leverage Factor	9.23	9.15	8.52
Debt to Total Capital	23.87%	21.18%	10.13%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	23.87%	21.18%	10.13%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.01%	0.01%
Common Equity to Total Capital	76.12%	78.81%	89.86%
Debt to EBITDA	2.31	2.29	1.08
Net Debt to EBITDA	-3.39	-2.46	-5.30
Long-Term Debt to EBITDA	2.31	2.29	1.08
Debt to NOPAT	3.34	3.25	1.52
Net Debt to NOPAT	-4.91	-3.49	-7.46
Long-Term Debt to NOPAT	3.34	3.25	1.52
Noncontrolling Interest Sharing Ratio	0.01%	0.01%	0.01%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-12	16	217
Operating Cash Flow to CapEx	8,198.82%	1,049.80%	2,506.77%
Free Cash Flow to Firm to Interest Expense	-0.18	0.06	0.70
Operating Cash Flow to Interest Expense	11.56	0.78	0.45
Operating Cash Flow Less CapEx to Interest Expense	11.42	0.70	0.43
Efficiency Ratios	-	-	-
Asset Turnover	0.04	0.04	0.04
Fixed Asset Turnover	3.63	3.16	2.99
Capital & Investment Metrics	-	-	-
Invested Capital	1,741	1,846	1,744
Invested Capital Turnover	0.32	0.27	0.25
Increase / (Decrease) in Invested Capital	137	105	-101
Enterprise Value (EV)	1,020	1,409	1,529
Market Capitalization	1,632	1,829	2,395
Book Value per Share	$28.24	$31.06	$33.59
Tangible Book Value per Share	$22.81	$25.69	$28.27
Total Capital	1,741	1,846	1,744
Total Debt	416	391	177
Total Long-Term Debt	416	391	177
Net Debt	-611	-420	-866
Capital Expenditures (CapEx)	9.75	20	5.54
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	416	391	177
Total Depreciation and Amortization (D&A)	21	21	17
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.64	$2.57	$2.48
Adjusted Weighted Average Basic Shares Outstanding	46.63M	46.86M	46.68M
Adjusted Diluted Earnings per Share	$2.64	$2.57	$2.48
Adjusted Weighted Average Diluted Shares Outstanding	46.63M	46.86M	46.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.63M	46.86M	46.68M
Normalized Net Operating Profit after Tax (NOPAT)	125	120	116
Normalized NOPAT Margin	23.64%	25.17%	25.47%
Pre Tax Income Margin	30.29%	31.46%	32.19%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	2.31	0.55	0.47
NOPAT to Interest Expense	1.80	0.44	0.38
EBIT Less CapEx to Interest Expense	2.17	0.48	0.46
NOPAT Less CapEx to Interest Expense	1.66	0.37	0.36
Payout Ratios	-	-	-
Dividend Payout Ratio	19.80%	23.33%	27.38%
Augmented Payout Ratio	51.90%	27.45%	38.33%

This table displays calculated financial ratios and metrics derived from FB Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.16%	-10.50%	-1.98%	-7.41%	-18.67%	-9.02%	-15.40%	2.29%	-17.85%	11.98%
EBITDA Growth	-26.51%	-24.44%	-3.47%	62.08%	-36.98%	-19.49%	-22.05%	10.83%	-43.70%	24.96%
EBIT Growth	-25.90%	-23.31%	3.43%	73.16%	-43.21%	-25.46%	-25.67%	12.77%	-50.78%	39.52%
NOPAT Growth	-29.72%	-21.88%	3.25%	82.44%	-39.76%	-23.00%	-23.17%	13.26%	-46.70%	28.99%
Net Income Growth	-29.72%	-21.88%	3.25%	82.44%	-39.76%	-23.00%	-23.17%	13.26%	-46.70%	28.99%
EPS Growth	-27.66%	-21.36%	5.41%	82.93%	-39.71%	-22.22%	-24.36%	13.33%	-46.34%	30.16%
Operating Cash Flow Growth	532.28%	-41.88%	-65.87%	-96.57%	-86.03%	33.35%	-63.14%	271.91%	58.76%	-67.55%
Free Cash Flow Firm Growth	-356.36%	-280.11%	-1,320.30%	-376.15%	206.28%	23.63%	-18.77%	83.13%	-131.77%	285.08%
Invested Capital Growth	27.35%	8.52%	9.53%	20.07%	-20.18%	6.01%	9.42%	4.73%	9.05%	-5.50%
Revenue Q/Q Growth	-1.04%	-4.49%	-0.75%	-1.30%	-13.07%	6.85%	-7.71%	19.33%	-30.18%	45.64%
EBITDA Q/Q Growth	43.71%	17.44%	-3.58%	-0.39%	-44.12%	50.02%	-7.99%	41.62%	-71.61%	232.96%
EBIT Q/Q Growth	56.36%	18.23%	-4.39%	-2.03%	-48.72%	55.17%	-4.65%	48.63%	-77.62%	339.88%
NOPAT Q/Q Growth	64.48%	19.85%	-4.64%	-2.95%	-45.69%	53.20%	-4.86%	43.07%	-74.44%	270.78%
Net Income Q/Q Growth	64.48%	19.85%	-4.64%	-2.95%	-45.69%	53.20%	-4.86%	43.07%	-74.44%	270.78%
EPS Q/Q Growth	65.85%	19.12%	-3.70%	-3.85%	-45.33%	53.66%	-6.35%	44.07%	-74.12%	272.73%
Operating Cash Flow Q/Q Growth	-10.38%	-74.11%	114.98%	-91.63%	265.51%	147.08%	-51.23%	-15.56%	56.02%	-49.50%
Free Cash Flow Firm Q/Q Growth	-520.58%	75.27%	-11.53%	-138.09%	261.87%	-117.77%	-73.45%	66.18%	-204.90%	203.49%
Invested Capital Q/Q Growth	35.39%	-13.12%	-3.40%	5.68%	-10.00%	15.39%	-0.29%	1.15%	-6.29%	-0.01%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	33.26%	40.89%	39.73%	40.09%	25.77%	36.19%	36.60%	43.44%	17.66%	40.38%
EBIT Margin	30.42%	37.66%	36.28%	36.01%	21.24%	30.85%	31.87%	39.70%	12.73%	38.44%
Profit (Net Income) Margin	23.76%	29.81%	28.64%	28.17%	17.60%	25.23%	26.01%	31.19%	11.42%	29.06%
Tax Burden Percent	78.09%	79.16%	78.96%	78.21%	82.83%	81.78%	81.61%	78.55%	89.70%	75.61%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	21.91%	20.84%	21.04%	21.79%	17.17%	18.22%	18.39%	21.45%	10.30%	24.39%
Return on Invested Capital (ROIC)	7.20%	9.39%	9.34%	8.89%	4.78%	6.72%	6.77%	7.90%	3.02%	7.38%
ROIC Less NNEP Spread (ROIC-NNEP)	7.20%	9.39%	9.34%	8.89%	4.78%	6.72%	6.77%	7.90%	3.02%	7.38%
Return on Net Nonoperating Assets (RNNOA)	2.40%	2.00%	1.59%	1.81%	1.71%	1.95%	1.60%	2.06%	0.42%	1.39%
Return on Equity (ROE)	9.60%	11.39%	10.92%	10.70%	6.49%	8.67%	8.37%	9.96%	3.44%	8.76%
Cash Return on Invested Capital (CROIC)	-16.50%	-0.73%	-1.28%	-9.54%	29.61%	0.87%	-2.65%	1.78%	-2.23%	12.12%
Operating Return on Assets (OROA)	1.37%	1.56%	1.48%	1.48%	0.84%	1.16%	1.14%	1.44%	0.44%	1.36%
Return on Assets (ROA)	1.07%	1.23%	1.17%	1.16%	0.70%	0.95%	0.93%	1.13%	0.40%	1.03%
Return on Common Equity (ROCE)	9.60%	11.39%	10.92%	10.70%	6.49%	8.67%	8.37%	9.96%	3.43%	8.76%
Return on Equity Simple (ROE_SIMPLE)	10.56%	0.00%	9.18%	10.21%	9.40%	0.00%	7.56%	7.76%	6.88%	0.00%
Net Operating Profit after Tax (NOPAT)	32	38	36	35	19	29	28	40	10	38
NOPAT Margin	23.76%	29.81%	28.64%	28.17%	17.60%	25.23%	26.01%	31.19%	11.42%	29.06%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	45.85%	44.80%	46.41%	49.98%	60.00%	53.35%	51.01%	44.22%	65.47%	43.41%
Operating Expenses to Revenue	61.09%	62.70%	63.33%	64.85%	76.17%	68.88%	67.40%	58.56%	85.13%	56.12%
Earnings before Interest and Taxes (EBIT)	41	48	46	45	23	36	34	51	11	50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	45	52	50	50	28	42	39	56	16	53
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.35	1.23	1.03	0.93	0.95	1.26	1.18	1.22	1.40	1.53
Price to Tangible Book Value (P/TBV)	1.69	1.52	1.26	1.13	1.16	1.52	1.42	1.46	1.67	1.82
Price to Revenue (P/Rev)	3.19	3.10	2.69	2.50	2.67	3.83	3.82	3.96	4.96	5.26
Price to Earnings (P/E)	12.80	13.10	11.22	9.06	10.11	15.22	15.65	15.68	20.36	20.64
Dividend Yield	1.35%	1.50%	1.79%	2.04%	2.08%	1.54%	1.66%	1.65%	1.41%	1.32%
Earnings Yield	7.82%	7.63%	8.92%	11.04%	9.89%	6.57%	6.39%	6.38%	4.91%	4.85%
Enterprise Value to Invested Capital (EV/IC)	0.92	0.59	0.24	0.29	0.43	0.76	0.67	0.75	0.81	0.88
Enterprise Value to Revenue (EV/Rev)	3.39	1.94	0.77	1.00	1.40	2.95	2.71	3.01	3.21	3.36
Enterprise Value to EBITDA (EV/EBITDA)	9.31	5.66	2.25	2.60	3.77	8.25	7.76	8.39	9.28	9.35
Enterprise Value to EBIT (EV/EBIT)	10.53	6.39	2.50	2.85	4.20	9.38	8.95	9.62	10.71	10.43
Enterprise Value to NOPAT (EV/NOPAT)	13.57	8.19	3.20	3.63	5.29	11.72	11.09	11.90	13.20	13.18
Enterprise Value to Operating Cash Flow (EV/OCF)	2.19	1.28	0.67	1.40	3.74	6.68	8.32	8.09	7.51	11.02
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	1.28	90.44	0.00	42.87	0.00	7.03
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.56	0.31	0.23	0.28	0.17	0.27	0.24	0.24	0.12	0.11
Long-Term Debt to Equity	0.56	0.31	0.23	0.28	0.17	0.27	0.24	0.24	0.12	0.11
Financial Leverage	0.33	0.21	0.17	0.20	0.36	0.29	0.24	0.26	0.14	0.19
Leverage Ratio	8.97	9.23	9.37	9.27	9.32	9.15	9.00	8.80	8.66	8.52
Compound Leverage Factor	8.97	9.23	9.37	9.27	9.32	9.15	9.00	8.80	8.66	8.52
Debt to Total Capital	36.07%	23.87%	18.56%	21.96%	14.17%	21.18%	19.61%	19.39%	10.44%	10.13%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	36.07%	23.87%	18.56%	21.96%	14.17%	21.18%	19.61%	19.39%	10.44%	10.13%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Common Equity to Total Capital	63.92%	76.12%	81.44%	78.03%	85.82%	78.81%	80.39%	80.61%	89.56%	89.86%
Debt to EBITDA	3.67	2.31	1.75	1.98	1.25	2.29	2.26	2.18	1.19	1.08
Net Debt to EBITDA	0.53	-3.39	-5.65	-3.90	-3.43	-2.46	-3.19	-2.66	-5.03	-5.30
Long-Term Debt to EBITDA	3.67	2.31	1.75	1.98	1.25	2.29	2.26	2.18	1.19	1.08
Debt to NOPAT	5.35	3.34	2.48	2.76	1.76	3.25	3.23	3.10	1.69	1.52
Net Debt to NOPAT	0.77	-4.91	-8.02	-5.44	-4.82	-3.49	-4.56	-3.78	-7.16	-7.46
Long-Term Debt to NOPAT	5.35	3.34	2.48	2.76	1.76	3.25	3.23	3.10	1.69	1.52
Noncontrolling Interest Sharing Ratio	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-399	-99	-110	-262	424	-75	-131	-44	-135	139
Operating Cash Flow to CapEx	7,594.29%	1,220.46%	1,041.08%	263.40%	775.27%	2,038.38%	2,445.58%	1,464.51%	5,227.46%	2,300.29%
Free Cash Flow to Firm to Interest Expense	-23.31	-2.66	-1.97	-3.81	5.81	-1.02	-1.70	-0.59	-1.69	1.79
Operating Cash Flow to Interest Expense	12.60	1.50	1.76	0.12	0.41	1.01	0.47	0.41	0.60	0.31
Operating Cash Flow Less CapEx to Interest Expense	12.43	1.38	1.59	0.07	0.36	0.96	0.45	0.38	0.59	0.30
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.05	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.04
Fixed Asset Turnover	3.76	3.63	3.54	3.46	3.27	3.16	2.97	2.98	2.86	2.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,004	1,741	1,682	1,777	1,600	1,846	1,840	1,862	1,745	1,744
Invested Capital Turnover	0.30	0.32	0.33	0.32	0.27	0.27	0.26	0.25	0.26	0.25
Increase / (Decrease) in Invested Capital	430	137	146	297	-405	105	159	84	145	-101
Enterprise Value (EV)	1,835	1,020	402	514	683	1,409	1,240	1,387	1,419	1,529
Market Capitalization	1,730	1,632	1,410	1,284	1,304	1,829	1,749	1,827	2,189	2,395
Book Value per Share	$27.33	$28.24	$29.37	$29.65	$29.34	$31.06	$31.49	$31.93	$33.50	$33.59
Tangible Book Value per Share	$21.87	$22.81	$23.93	$24.24	$23.95	$25.69	$26.16	$26.62	$28.16	$28.27
Total Capital	2,004	1,741	1,682	1,777	1,600	1,846	1,840	1,862	1,745	1,744
Total Debt	723	416	312	390	227	391	361	361	182	177
Total Long-Term Debt	723	416	312	390	227	391	361	361	182	177
Net Debt	105	-611	-1,008	-770	-622	-420	-510	-440	-770	-866
Capital Expenditures (CapEx)	2.84	4.57	9.45	3.13	3.88	3.65	1.48	2.09	0.91	1.05
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	723	416	312	390	227	391	361	361	182	177
Total Depreciation and Amortization (D&A)	3.80	4.14	4.38	5.12	4.93	6.21	5.08	4.79	4.42	2.53
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.68	$0.81	$0.78	$0.75	$0.41	$0.63	$0.60	$0.85	$0.22	$0.81
Adjusted Weighted Average Basic Shares Outstanding	46.93M	46.63M	46.78M	46.80M	46.84M	46.86M	46.99M	46.64M	46.66M	46.68M
Adjusted Diluted Earnings per Share	$0.68	$0.81	$0.78	$0.75	$0.41	$0.63	$0.59	$0.85	$0.22	$0.82
Adjusted Weighted Average Diluted Shares Outstanding	46.93M	46.63M	46.78M	46.80M	46.84M	46.86M	46.99M	46.64M	46.66M	46.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	46.93M	46.63M	46.78M	46.80M	46.84M	46.86M	46.99M	46.64M	46.66M	46.68M
Normalized Net Operating Profit after Tax (NOPAT)	32	38	36	35	19	29	28	40	10	38
Normalized NOPAT Margin	23.76%	29.81%	28.64%	28.17%	17.60%	25.23%	26.01%	31.19%	11.42%	29.06%
Pre Tax Income Margin	30.42%	37.66%	36.28%	36.01%	21.24%	30.85%	31.87%	39.70%	12.73%	38.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.38	1.30	0.83	0.66	0.32	0.49	0.45	0.68	0.14	0.64
NOPAT to Interest Expense	1.86	1.03	0.65	0.51	0.26	0.40	0.36	0.53	0.13	0.49
EBIT Less CapEx to Interest Expense	2.22	1.18	0.66	0.61	0.26	0.44	0.43	0.65	0.13	0.63
NOPAT Less CapEx to Interest Expense	1.70	0.91	0.48	0.47	0.21	0.35	0.35	0.51	0.12	0.47
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	17.49%	19.80%	20.07%	18.53%	21.03%	23.33%	25.99%	25.71%	28.71%	27.38%
Augmented Payout Ratio	46.99%	51.90%	50.87%	27.13%	30.47%	27.45%	25.99%	36.62%	40.52%	38.33%

Frequently Asked Questions About FB Financial's Financials

When does FB Financial's financial year end?

According to the most recent income statement we have on file, FB Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has FB Financial's net income changed over the last 2 years?

FB Financial's net income appears to be on a downward trend, with a most recent value of $116.05 million in 2024, falling from $124.57 million in 2022. The previous period was $120.24 million in 2023.

How has FB Financial revenue changed over the last 2 years?

Over the last 2 years, FB Financial's total revenue changed from $526.90 million in 2022 to $455.57 million in 2024, a change of -13.5%.

How much debt does FB Financial have?

FB Financial's total liabilities were at $11.59 billion at the end of 2024, a 3.9% increase from 2023, and a 0.6% increase since 2022.

How much cash does FB Financial have?

In the past 2 years, FB Financial's cash and equivalents has ranged from $120.15 million in 2024 to $259.87 million in 2022, and is currently $120.15 million as of their latest financial filing in 2024.

How has FB Financial's book value per share changed over the last 2 years?

Over the last 2 years, FB Financial's book value per share changed from 28.24 in 2022 to 33.59 in 2024, a change of 18.9%.

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This page (NYSE:FBK) was last updated on 4/18/2025 by MarketBeat.com Staff

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FB Financial (FBK) Financials

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