FB Financial Q2 2026: Net Income Soars to $58.6M as NIM Hits 3.95%
FBK sits 29% above its 52-week low of $46.95 on light trading volume (0.4× avg).
Summary
FB Financial's Q2 2026 net income reached $58.6 million ($1.13/share), a sharp increase from $2.9 million a year ago, as net interest margin expanded to 3.95%. While credit costs rose and nonperforming loans ticked higher, capital ratios remain robust.
Key Events · Earnings and Guidance · FBK
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Net Income Surges
Driven by higher net interest income and lower securities losses, Q2 2026 net income reached $58.6M ($1.13/share), compared with $2.9M in Q2 2025.
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Net Interest Margin Expands
Reflecting loan growth and lower deposit costs, the tax-equivalent net interest margin rose to 3.95% from 3.68%.
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Credit Costs Rise
The provision for credit losses increased to $10.1M from $5.3M, and nonperforming loans HFI climbed to 1.17% from 0.97% at year-end 2025.
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Aggressive Share Repurchases
Under a new $175M authorization, $106M in common stock was repurchased during H1 2026, reducing shares outstanding by 3.4%.
Analysis · FBK · Finance
A surge in net income to $58.6 million from $2.9 million a year ago highlights FB Financial's Q2 2026, fueled by a wider net interest margin and loan growth from the Southern States merger. The provision for credit losses climbed to $10.1 million, and nonperforming loans edged up to 1.17% of total loans. Demonstrating confidence in its capital position, the company also repurchased $106 million in stock during the first half of 2026 under a new $175 million authorization.
At the time of this filing, FBK was trading at $60.66 on NYSE in the Finance sector, with a market capitalization of approximately $3.1B. The 52-week trading range was $46.95 to $62.37. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.