FB Financial (FBK) to Release Quarterly Earnings on Monday

FB Financial (NYSE:FBK) is set to announce its earnings results after the market closes on Monday, January 22nd. Analysts expect the company to announce earnings of $0.54 per share for the quarter.

FB Financial (NYSE:FBK) last announced its earnings results on Monday, October 23rd. The financial services provider reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.13. The firm had revenue of $81.43 million during the quarter, compared to analyst estimates of $76.35 million. FB Financial had a net margin of 13.61% and a return on equity of 11.90%. On average, analysts expect FB Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of FB Financial (FBK) traded up $0.39 during midday trading on Friday, reaching $43.69. 82,197 shares of the company were exchanged, compared to its average volume of 93,622. The firm has a market cap of $1,330.00 and a price-to-earnings ratio of 29.92. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.83 and a current ratio of 0.95. FB Financial has a 12-month low of $23.71 and a 12-month high of $45.43.

A number of equities analysts recently weighed in on FBK shares. Zacks Investment Research lowered shares of FB Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. Raymond James Financial started coverage on shares of FB Financial in a research note on Tuesday, October 10th. They issued an “outperform” rating and a $41.00 target price for the company. UBS Group upped their target price on shares of FB Financial from $41.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $42.00 target price on shares of FB Financial in a research note on Thursday, October 26th. Finally, ValuEngine lowered shares of FB Financial from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $42.33.

TRADEMARK VIOLATION WARNING: “FB Financial (FBK) to Release Quarterly Earnings on Monday” was reported by American Banking News and is the property of of American Banking News. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/01/19/fb-financial-fbk-to-release-quarterly-earnings-on-monday.html.

About FB Financial

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.

Earnings History for FB Financial (NYSE:FBK)

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.

Leave a Reply