FB Financial Corporation (NYSE:FBK) issued its quarterly earnings data on Monday. The financial services provider reported $0.60 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.13, Bloomberg Earnings reports. FB Financial Corporation had a return on equity of 11.57% and a net margin of 11.57%.

Shares of FB Financial Corporation (FBK) traded down 0.42% during mid-day trading on Monday, hitting $38.19. The stock had a trading volume of 35,101 shares. The company has a market cap of $1.16 billion and a PE ratio of 30.00. The firm’s 50 day moving average price is $37.13 and its 200-day moving average price is $37.13. FB Financial Corporation has a one year low of $20.25 and a one year high of $39.07.

FBK has been the topic of a number of recent research reports. Stephens restated a “buy” rating and set a $40.00 price objective on shares of FB Financial Corporation in a research note on Monday, July 31st. UBS AG restated a “buy” rating and set a $41.00 price objective (down previously from $44.00) on shares of FB Financial Corporation in a research note on Wednesday, July 26th. Zacks Investment Research upgraded FB Financial Corporation from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research note on Friday, July 7th. ValuEngine upgraded FB Financial Corporation from a “hold” rating to a “buy” rating in a research note on Monday, September 18th. Finally, Sandler O’Neill upgraded FB Financial Corporation from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $37.00 to $39.00 in a research note on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $39.67.

TRADEMARK VIOLATION NOTICE: “FB Financial Corporation (FBK) Releases Earnings Results” was posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2017/10/23/fb-financial-corporation-fbk-releases-earnings-results.html.

FB Financial Corporation Company Profile

FB Financial Corporation is the holding company for FirstBank (the Bank). The Company and the Bank are engaged in the business of banking and provide a full range of financial services. The Bank provides a suite of commercial and consumer banking services to clients in select markets in Tennessee, North Alabama and North Georgia.

Receive News & Ratings for FB Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FB Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.