FBK
FB Financial Corporation
FBK's fundamentals are strong: revenue grew 37% and its operating margin rose 19 points to 42%. At 12x earnings, it's trading below its usual 15x. Analysts expect earnings growth.
FBK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| N/A | |
| N/A |
FBK's revenue and profitability are currently strong. Free cash flow and net leverage aren't meaningful measures for financial services companies like FBK.
FBK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $51.10 | -6.3% |
| Forward | 11x | $54.53 | — |
| Current | 12x | $54.53 | — |
| Fair | 15x | $66.25 | +21% |
| Expensive | 23x | $105 | +92% |
Historical ranges are pointers, not guarantees.
FBK's PE is in its cheap range at 12x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
FBK Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect FBK's earnings to grow and its profitability to improve, with its revenue holding steady.
FBK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.94 | +8.5% |
| Q3 2026 | $4.55 | +112% |
| Q2 2026 | $3.78 | +95% |
| Q1 2026 | $2.71 | -0.7% |
| Q4 2025 | $2.45 | -1.2% |
| Q3 2025 | $2.15 | -6.1% |
| Q2 2025 | $1.94 | -22% |
| Q1 2025 | $2.73 | +15% |
| Q4 2024 | $2.48 | -3.5% |
FBK earned $4.55 per share over the past year, up 112% from the year before.
FBK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $174.5M | +0.4% |
| Q2 2026 | $174.8M | +127% |
| Q1 2026 | $172.3M | +32% |
| Q4 2025 | $178.6M | +37% |
| Q3 2025 | $173.9M | +94% |
| Q2 2025 | $76.9M | -40% |
| Q1 2025 | $130.7M | +22% |
| Q4 2024 | $130.4M | +12% |
FBK's revenue has grown year over year for five quarters in a row: $174M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | +27 points |
| Q2 2026 | 42% | +55 points |
| Q1 2026 | 43% | +5.7 points |
| Q4 2025 | 39% | +0.7 points |
| Q3 2025 | 17% | +4.3 points |
| Q2 2025 | -13% | -52 points |
| Q1 2025 | 37% | +5.5 points |
| Q4 2024 | 38% | +7.6 points |
FBK's operating margin was 44% last quarter, up 27 points from the same quarter a year ago, near the top of its range since 2019.
FBK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.2M | -60% |
| Q2 2026 | $73.8M | +8% |
| Q1 2026 | $29.3M | +$47.4M |
| Q4 2025 | $51.2M | +127% |
| Q3 2025 | $45.6M | -2.3% |
| Q2 2025 | $68.4M | +141% |
| Q1 2025 | -$18.1M | -152% |
| Q4 2024 | $22.6M | -68% |
FBK's free cash flow was $173M over the past year, up 46% from the year before. Free cash flow isn't a meaningful measure for financial services companies like FBK.
FBK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.7% | -1.4M shares |
| 1 year | -6.8% | -3.7M shares |
| 3 years | +7.3% | +3.4M shares |
| 5 years | +4.7% | +2.3M shares |
| Available history | +60% | +18.9M shares |
FBK has 50M diluted shares, down 6.8% from a year ago, with $223M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $29.3M |
| Q2 2026 | $84.2M |
| Q1 2026 | $21.8M |
| Q4 2025 | $87.9M |
| Q3 2025 | $23.9M |
| Q2 2025 | $34.3M |
| Q1 2025 | $9.9M |
| Q4 2024 | — |
FBK spent $223M buying back its own shares over the past year, about three times what it spent the year before.
FBK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -4.3x | Net Cash |
| Q1 2026 | -6.6x | Net Cash |
| Q4 2025 | -6.3x | Net Cash |
| Q3 2025 | -8.2x | Net Cash |
| Q2 2025 | -10.4x | Net Cash |
| Q1 2025 | -4.6x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
FBK has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like FBK.
FBK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.5 | Neutral |
| Stochastic | 34.0 | Neutral |
FBK's weekly RSI is 49 (neutral) and its Stochastic is 34 (neutral).
FBK PE vs Financial Services Sector
| Metric | FBK | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 8% below |
| PE % | 25 | 63 | 38 pts below |
FBK is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
FBK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $53.3 | 2.4% above |
| 20 week MA | $56.1 | 2.8% below |
| 50 week MA | $55.6 | 1.9% below |
| 100 week MA | $52.5 | 3.8% above |
| 200 week MA | $44.9 | 21% above |
FBK's trend is mixed: it's above three of its five weekly moving averages, and 21% above its 200-week average.
FBK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.5 | $34.7 | -12% |
| 2021 | $34.7 | $43.4 | +25% |
| 2022 | $43.4 | $36.5 | -16% |
| 2023 | $36.5 | $39.9 | +9.3% |
| 2024 | $39.9 | $51.7 | +30% |
| 2025 | $51.7 | $56.8 | +9.9% |
| 2026 YTD | $56.8 | $54.5 | -4% |
FBK has finished higher in four of the last six years. It's down 4% so far in 2026.