FB Financial (FBK) to Release Quarterly Earnings on Tuesday

FB Financial (NYSE:FBK) will post its quarterly earnings results after the market closes on Tuesday, January 22nd. Analysts expect FB Financial to post earnings of $0.66 per share for the quarter.

FB Financial (NYSE:FBK) last issued its earnings results on Tuesday, October 23rd. The financial services provider reported $0.68 EPS for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.04). The firm had revenue of $87.11 million during the quarter, compared to analysts’ expectations of $84.58 million. FB Financial had a net margin of 23.18% and a return on equity of 13.41%. On average, analysts expect FB Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of NYSE FBK opened at $38.40 on Monday. The company has a market capitalization of $1.18 billion, a P/E ratio of 17.94 and a beta of 1.26. FB Financial has a 52 week low of $32.66 and a 52 week high of $45.24.

A number of equities research analysts recently commented on the company. Zacks Investment Research upgraded FB Financial from a “hold” rating to a “buy” rating and set a $39.00 target price on the stock in a research report on Friday, January 4th. Stephens reiterated a “hold” rating and issued a $40.00 target price on shares of FB Financial in a research report on Wednesday, December 19th. SunTrust Banks assumed coverage on FB Financial in a research report on Tuesday, December 11th. They issued a “buy” rating and a $43.00 target price on the stock. ValuEngine upgraded FB Financial from a “sell” rating to a “hold” rating in a research report on Monday, November 26th. Finally, Raymond James dropped their target price on FB Financial from $47.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, October 24th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $41.80.

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FB Financial Company Profile

FB Financial Corporation operates as a holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. The company operates in two segments, Banking and Mortgage. It provides demand, negotiable order of withdrawal, money market, certificates of deposit, and municipal and savings accounts, as well as time deposits.

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Earnings History for FB Financial (NYSE:FBK)

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