Fb Financia Stock Price, News & Analysis

FB Financial Corporation (NYSE:FBK) will announce its 2023 Q1 results on April 17, 2023, after market close. A conference call is scheduled for April 18, 2023, at 8:00 a.m. CT to discuss the results. Investors can join the call by dialing 877-883-0383 with confirmation code 3946795. A replay will be available until April 25, 2023, by calling 877-344-7529. The conference call will also be streamed live online, and an online replay will be accessible for 12 months. FB Financial operates through its subsidiary, FirstBank, which has approximately $12.8 billion in total assets.

FirstBank has announced a strategic investment in Zippy, a fintech company that provides fully digital manufactured home loans. This partnership aims to enhance access to affordable homeownership through innovative lending solutions. Zippy operates in nine states and plans to expand its reach significantly in 2023. The initiative is part of FirstBank's commitment to meet the housing needs of communities, especially as home prices continue to rise. With a robust total asset base of $12.8 billion, FirstBank seeks to leverage its extensive experience in manufactured home lending to create pathways for new homeowners.

FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.15 per share, marking its 20^th consecutive dividend payment. This 15% increase compared to previous quarters highlights the company's commitment to delivering shareholder value. The dividend is payable on February 21, 2023, to shareholders of record as of February 7, 2023. With total assets amounting to approximately $12.8 billion, FB Financial operates through its subsidiary, FirstBank, across multiple states including Tennessee, Kentucky, Alabama, and North Georgia.

FB Financial Corporation (NYSE: FBK) reported Q4 2022 net income of $38.1 million, or $0.81 per diluted share, showing a decrease from $1.02 year-over-year. Adjusted EPS was $0.85, down from $0.89 in Q4 2021. For the year, net income totaled $124.6 million, a decline from $190.3 million in 2021. The company achieved a significant 33.7% annualized growth in deposits, reaching $10.9 billion. Total assets increased to $12.8 billion, reflecting a 19.1% annualized growth. However, net interest margin decreased to 3.78% from 3.93% in Q3 2022. Noninterest income fell to $17.5 million from $53.2 million a year prior, largely due to a decline in mortgage banking income.

FB Financial Corporation (NYSE: FBK) is set to release its 2022 fourth quarter and year-end results on January 17, 2023, before market opens. A conference call will follow at 8:00 a.m. CT the same day, accessible via dial-in or online broadcast. The company's assets are approximately $12.2 billion, ranking it in the top 3% of U.S. commercial banks.

FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.13 per share, payable on November 23, 2022, to shareholders of record as of November 9, 2022. This marks the company's 19th consecutive quarterly dividend, reflecting their commitment to returning earnings to shareholders. The company, based in Nashville, Tennessee, operates through its banking subsidiary FirstBank, which has approximately $12.3 billion in total assets.

FB Financial Corporation (NYSE: FBK) reported Q3 2022 net income of $31.8 million or $0.68 per diluted share, down from $0.94 in Q3 2021. Adjusted net income matched diluted EPS at $0.68, with pre-tax earnings at $52.1 million. Loans held for investment grew 22.1% annually to $9.1 billion, while noninterest deposits increased 9.73% to $2.97 billion. Despite a $11.4 million provision for credit losses, the company aims for balanced growth by focusing on customer relationships and managing economic uncertainties. A conference call is scheduled for October 18, 2022.

FB Financial Corporation (NYSE:FBK) will release its 2022 third quarter results on October 17, 2022, after market close. A conference call is scheduled for October 18, 2022, at 8:00 a.m. CT, to discuss the financial results. Investors can join the call by dialing 877-883-0383, confirmation code 3293769. A live online broadcast will be available, and a replay will be accessible for 12 months post-call. FB Financial operates through its subsidiary, FirstBank, with approximately $12.2 billion in total assets and 81 branches across several states.

Treasury Prime announced a partnership with FB Financial Corp to enhance its Banking-as-a-Service (BaaS) offerings. This collaboration expands Treasury Prime’s bank network significantly, which now includes FirstBank, boasting $12.7 billion in assets. The partnership enables FirstBank to provide embedded finance solutions, increasing its service capabilities to fintechs and enterprises. This development follows a similar partnership with Third Coast Bank, indicating Treasury Prime's ongoing growth strategy and commitment to innovative financial solutions.