FB Financial Corporation is a bank holding company for FirstBank, offering commercial and consumer banking services through two segments: Banking and Mortgage. It provides deposit and lending products, including various checking, savings, and money market accounts, as well as commercial and residential real estate loans, consumer loans, and mortgage banking services. The company also offers securities underwriting, insurance underwriting, and merchant banking. Formerly First South Bancorp, Inc., it changed its name to FB Financial Corporation in 2016. Founded in 1906, it is headquartered in Nashville, Tennessee.
Regional Banks Q2 Earnings: City Holding Beats, Banc of California Misses
City Holding reported second-quarter revenue of $81.73 million, up 3.8% year over year and 1.3% above analyst expectations, while its stock has risen 5.9% since the report to $142.92. Among the 95 regional banks tracked, OFG Bancorp was the best performer with revenue of $190.3 million, up 4.4% and beating estimates by 3.9%, while Banc of California was the weakest with revenue of $285.7 million, up 4.7% but missing estimates by 3.1% and seeing its stock fall 10.4% to $18.98. Wintrust Financial reported revenue of $739.5 million, up 9.9% and in line with expectations, but its stock is down 6.3% to $153.43, and FB Financial reported revenue of $175.9 million, up 27.5% but 0.7% below estimates, with its stock up 5.2% to $59.50.
FB Financial Posts Strong Q2 Results, Buybacks, and a Fair Value Estimate of $64.43
FB Financial reported strong second quarter 2026 results, with sharp year-over-year gains in net income and net interest income, alongside active share repurchases. The stock has returned 9.65% over the past 30 days and 24.34% over one year. A widely followed narrative estimates a fair value of $64.43 per share, implying the stock is undervalued relative to its latest close of $58.97, based on a 7.11% discount rate. That narrative assumes faster revenue growth, wider margins, and a leaner share count, partly driven by the planned combination with Southern States Bank, which is expected to enhance scale and market opportunities. However, a more cautious view notes that FB Financial trades at a P/E of 15x versus a fair ratio of 14.4x, while the US Banks industry average is 12.2x and peers trade at 16.2x, raising questions about valuation risk.
FBK · Capital · Positive Strong Q2 earnings, active buybacks, and a fair value estimate above current price indicate financial health and undervaluation.
FB Financial, Bank of America, JPMorgan, and Goldman Sachs beat second-quarter 2026 estimates
Several major financial firms reported second-quarter 2026 results that exceeded analyst expectations. FB Financial Corporation posted revenues of $174.75 million, surpassing the Zacks Consensus Estimate by 0.48%. Bank of America Corporation earned $1.21 per share, beating the consensus estimate of $1.13 per share. JPMorgan Chase & Co. reported earnings of $6.14 per share, topping the estimate of $5.59 per share. The Goldman Sachs Group, Inc. delivered earnings of $20.98 per share, far above the consensus estimate of $14.47 per share.
FB Financial Corp second-quarter profit surges to $58.65 million
FB Financial Corp reported a sharp increase in second-quarter profit, with earnings reaching $58.65 million, or $1.13 per share, compared with $2.91 million, or $0.06 per share, in the same period last year. Excluding items, adjusted earnings were $58.90 million, or $1.14 per share. Revenue rose 33.7% to $148.97 million from $111.41 million a year earlier.
FBK · Capital · Positive FB Financial Corp reported a sharp increase in second-quarter profit, with earnings surging to $58.65 million from $2.91 million a year earlier.
FB Financial to report earnings Monday after market close
FB Financial will report earnings Monday after market close. Last quarter, the regional bank posted revenue of $172.7 million, up 30.8% year on year, but missed analysts' revenue expectations. For this quarter, analysts expect revenue to grow 28.4% year on year. FB Financial has missed Wall Street revenue estimates multiple times over the past two years. The stock is up 2.9% over the last month, slightly ahead of the 2.5% average gain for bank stocks.
FB Financial is expected to report quarterly earnings of $1.14 per share for the period ended June 2026, a 29.6% increase from the prior year, with revenues projected at $173.93 million, up 26.6%. The consensus estimate has been revised 1.67% lower over the past 30 days, and the Most Accurate Estimate is below the consensus, yielding an Earnings ESP of -1.16%. Combined with a Zacks Rank of 4, the model suggests it is difficult to predict an earnings beat. The company missed estimates by 0.88% last quarter and has beaten consensus twice in the past four quarters.
FB Financial flagged as risky with weak revenue, EPS, and TBVPS growth
FB Financial has been flagged as a risky investment due to three key concerns. Over the last five years, its revenue grew at a compounded annual rate of just 1.4%, while earnings per share declined by 1.1% annually over the same period, indicating falling profitability. Tangible book value per share, a critical metric for banks, expanded at a mediocre 8.8% annual clip over the last two years. The stock has posted a small loss of 1.4% since January 2026, underperforming the S&P 500's 8.5% gain, and currently trades at 1.3 times forward price-to-book, or $55.36 per share.
United States