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Fb Financial Corporation  (FBK)
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    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Fb Financial Corporation

FBK's Financial Statements and Analysis



Fb Financial Corporation reported in the first quarter of 2024 net earnings per share of $0.59 a decrease by -24.36 % year on year from $0.78 and decline of -6.3 % from $0.63 earned in IV. Quarter (Dec 31 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 0.59 $  107 Mill
$-0.19     -24.36 % $-20M     -15.69 %



Fb Financial's Revenue fell by -15.69 % in first quarter of 2024 (Mar 31 2024) year on year, to $107 million and declined by -8.14 % sequentially.


Fb Financial is

More on FBK's Income Statement



Fb Financial 's net income of $27.950 million in the first quarter of 2024 decreased by -23.17 % from net earnings of $36.381 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -4.86 % from net income of $29.377 million realized in previous quarter.

More on FBK's Growth

Fb Financial Inventories
FBK's Cash flow In the first quarter of 2024 company's net cash flow was $60 million, capital expenditures grew by -9.45-82.86%, to $-2 millions compare to same quarter a year ago

More on FBK's Cash flow Statement


Fb Financial Corporation payed out dividend of $0.62 per share in last 52 weeks representing 26.05 % of net earning per share in trailing twelve-month period.

During the same period Fb Financial Corporation earned $ 3.14 cash per share, on a free-cash flow basis 132.12 % of net earning per share.

Book value grew by 0.43 % sequentially to $31.23 per share, 78.39% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 25.95 per share from $ 25.73.

Company issued 0.59 million shares or 1.27 % in Mar 31 2024.
Interest Coverage Ratio was 1.47. Debt Coverage Ratio was 1.26.

More on FBK's Dividends

 Market Capitalization (Millions) 1,725
 Shares Outstanding (Millions) 47
 Total Debt (Millions $) 361
 Revenue (TTM) (Millions $) 455
 Net Income (TTM) (Millions $) 112
 Cash Flow (TTM) (Millions $) -449
 Capital Exp. (TTM) (Millions $) -12
 Dividend TTM ($) 0.62 $
 Dividend Yield TTM (%) 1.84 %
 Employees (TTM) $ 734




Fb Financial Corporation payed out dividend of $0.62 per share in the last 52 weeks representing 26.05 % of net earning per share in trailing twelve-month period.

During the same period Fb Financial Corporation had $ 3.14 cash flow per share, on a free-cash flow basis 132.12 % of net earning per share.

Book value grew by 0.43 % sequentially to $31.23 per share, 78.39% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 25.95 per share from $ 25.73.

Company issued 0.59 million shares or 1.27 % in Mar 31 2024.
Interest Coverage Ratio was 1.47. Debt Coverage Ratio was 1.26.

More on FBK's Balance Sheets

 Market Capitalization (Millions) 1,725
 Shares Outstanding (Millions) 47
 Total Debt (Millions $) 361
 Revenue (TTM) (Millions $) 455
 Net Income (TTM) (Millions $) 112
 Cash Flow (TTM) (Millions $) -449
 Capital Exp. (TTM) (Millions $) -12
 Dividend TTM ($) 0.62 $
 Dividend Yield TTM (%) 1.84 %
 Employees (TTM) $ 734
   


  News about Fb Financial Corporation Earnings

FB Financial Corporation Announces $100 Million Stock Repurchase Authorization Amid Revenue Drop

FB Financial Corporation, the parent company of FirstBank, has recently made a significant announcement regarding a $100 million common stock repurchase authorization. This move, approved by the board of directors, reflects the company's confidence in its financial position and commitment to delivering value to shareholders. With a current stock price of $35.94 and approximately 46.78 million shares outstanding, this repurchase could have a substantial impact on the company's ownership structure.
In terms of financial performance, FB Financial Corporation reported net income of $29.4 million, or $0.63 per diluted common share, for the fourth quarter of 2023. Adjusted net income was $36.2 million, or $0.7...

FB Financial Corporation Sees Decline in Revenue for Fourth Quarter of 2023

The recent financial results of FB Financial Corporation paint a mixed picture for the company's performance in the October to December 31, 2023 interval. While there were declines in income, revenue, and net profits compared to the same period a year prior, there were also significant increases in Income per Share, sequentially revenue, and operating earnings during the same period.
The decrease in income and revenue may raise concerns among investors about the company's ability to sustain strong financial performance in the future. However, the increase in Income per Share and operating earnings could be seen as positive indicators of improving profitability.
The announcement of a quarterly cash ...

EPS Plummets as Weak Sales Plague FB Financial Corporation in the Financial Period Closing September 30, 2023



FB Financial Corporation recently announced its quarterly cash dividend of $0.15 per share, showcasing its commitment to rewarding shareholders. The company's consistent dividend record, spanning 23 consecutive quarters, reflects its financial stability and positive outlook. However, the company's financial performance for the period ending September 30, 2023, indicated a decline in earnings per share and revenue. This article delves into the implications of these facts on FB Financial Corporation's stock performance and assesses their potential impact going forward.
1. Dividend Declaration Signals Financial Stability:
FB Financial Corporation's declaration of a regular quarterly dividend h...

FBK Reports Stellar Q2 2023 Profit Margin Surge Despite Modest Revenue Growth

The stock market holds a special allure for investors, offering the potential for substantial returns on their investments. In recent news, FBK has caught the attention of many with its remarkable performance in the second quarter of 2023. Despite modest revenue growth, the company delivered an astonishing bottom-line rise, with income per share surging by an impressive 82.93% to reach $0.75 per share.
FBK's revenue saw a modest increase of 2.736% to reach $126.43 million compared to the same period a year ago. Although this growth may be considered relatively slow when compared to its industry peers, who experienced an average rise of 4.70%, it is important to note that FBK managed to outperform its own...

Fb Financial Corporation Reports a Significant -5.457% Decline in Q1 2023 Revenue

Fb Financial Corporation is a financial services company that offers a range of banking and financial products and services to its clients. The company operates through its main banking subsidiary, Farmers Bank and Trust Company. Fb Financial Corporation is headquartered in Nashville, Tennessee and serves clients across the United States.
The company's recent financial performance has been somewhat mixed, with its return on average invested assets (ROI) in the first quarter of 2023 coming in below its average ROI of 9.6%. This was due to a decline in net income, which impacted the overall ROI of the company. In the Financial sector, Fb Financial Corporation ranked below 327 other companies in terms of RO...


Date modified: 2024-05-07T05:41:12+00:00





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