FB Financial Posts Q3 Adjusted EPS of $1.21, Beating Expectations
FBK is trading near its 52-week low of $49.24 (7.5% above the low).
Summary
FB Financial reported Q3 2026 adjusted EPS of $1.21, up from $1.13 in Q2 and sharply higher than the year-ago quarter. Net income was $60.2 million on revenue of $174.5 million, with net interest margin of 3.83%. The result reflects continued net interest margin expansion and strong core profitability, with strong annualized loan and deposit growth. This follows the $125 million subordinated notes offering completed in late September, which bolstered capital. The earnings beat is likely to support the stock, though credit costs remain a watch item given the prior quarter's increase in nonperforming assets.
At the time of this announcement, FBK was trading at $52.95 on NYSE in the Finance sector, with a market capitalization of approximately $2.6B. The 52-week trading range was $49.24 to $62.66. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.