FB Financial (NYSE:FBK) will be issuing its quarterly earnings data after the market closes on Monday, October 22nd. Analysts expect the company to announce earnings of $0.70 per share for the quarter.
FB Financial (NYSE:FBK) last released its earnings results on Tuesday, July 24th. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.72. FB Financial had a net margin of 20.27% and a return on equity of 13.36%. The firm had revenue of $87.23 million during the quarter, compared to analyst estimates of $85.34 million. On average, analysts expect FB Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
FBK stock opened at $34.83 on Friday. FB Financial has a 52-week low of $34.83 and a 52-week high of $45.43. The company has a market cap of $1.11 billion, a PE ratio of 16.28 and a beta of 1.34. The company has a quick ratio of 0.84, a current ratio of 0.93 and a debt-to-equity ratio of 0.22.
A hedge fund recently raised its stake in FB Financial stock. Bank of New York Mellon Corp grew its holdings in shares of FB Financial Corp (NYSE:FBK) by 11.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 71,046 shares of the financial services provider’s stock after purchasing an additional 7,022 shares during the period. Bank of New York Mellon Corp owned approximately 0.23% of FB Financial worth $2,893,000 as of its most recent SEC filing. Institutional investors own 52.28% of the company’s stock.
About FB Financial
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.
Featured Story: Understanding Relative Strength Index
Receive News & Ratings for FB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FB Financial and related companies with MarketBeat.com's FREE daily email newsletter.