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Stock impact report

FB Financial Corporation Reports Third Quarter 2024 Financial Results

FB Financial Corporation (FBK) 
Last fb financial corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstbankonline.com
Company Research Source: Business Wire
Reports Q3 Diluted EPS of $0.22, Adjusted Diluted EPS* of $0.86 NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (the “Company”) (NYSE: FBK), parent company of FirstBank, reported net income of $10.2 million, or $0.22 per diluted common share, for the third quarter of 2024, compared to $0.85 in the previous quarter and $0.41 in the third quarter of last year. Adjusted net income* was $40.1 million, or $0.86 per diluted common share, compared to $0.84 in the previous quarter and $0.71 in the third quarter of last year.The Company ended the third quarter with loans held for investment (“HFI”) of $9.48 billion compared to $9.31 billion at the end of the previous quarter, a 7.20% annualized increase, and $9.29 billion at the end of the third quarter of last year, a 2.06% increase. Deposits were $10.98 billion as of September 30, 2024, compared to $10.47 billion as of June 30, 2024, and $10.64 billion as of September 30, 2023. Net interest margin (“NIM”) was 3.55% for the thi Show less Read more
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