FB Financial: Fourth Quarter Earnings Overview

FB Financial Corp. Announces Fourth-Quarter Earnings

FB Financial Corp., headquartered in Nashville, Tennessee, reported a net income of $57 million for the fourth quarter.

The company disclosed earnings of $1.07 per share, which increased to $1.16 per share after excluding one-time expenses.

These results surpassed analysts’ expectations, as the consensus from three analysts polled by Zacks Investment Research had predicted earnings of $1.14 per share.

During the quarter, the bank holding company generated $264 million in total revenue. After accounting for interest expenses, net revenue reached $178.6 million, exceeding projections from Wall Street.