FB Financial Corporation ( (FBK) ) has released its Q2 earnings. Here is a breakdown of the information FB Financial Corporation presented to its investors.
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FB Financial Corporation, a financial holding company based in Nashville, Tennessee, operates through its subsidiary, FirstBank, providing banking services across Tennessee, Kentucky, Alabama, and Georgia.
In its second quarter of 2025 earnings report, FB Financial Corporation reported a net income of $2.9 million, or $0.06 per diluted share, with an adjusted net income of $40.8 million, or $0.88 per diluted share. The company highlighted growth in both loans and deposits, alongside a strategic repositioning of its balance sheet.
Key financial metrics for the quarter included a net interest margin of 3.68%, an increase from the previous quarter, and a total deposit growth to $11.40 billion. The company also reported a significant GAAP loss due to the sale of low-yielding securities, which was adjusted in its earnings calculations. The merger with Southern States Bancshares was completed, enhancing the company’s scale and strategic flexibility.
The company maintained a strong capital position with a total risk-based capital ratio of 14.7% and a common equity tier 1 ratio of 12.3%. Despite a slight increase in nonperforming assets, credit quality remained stable with low charge-off levels.
Looking ahead, FB Financial Corporation is well-positioned to leverage its increased scale from the Southern States merger, focusing on organic growth and strategic opportunities to enhance shareholder value.