NYSE$FBK
Fb Financial Corporation · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported net income of $35.3 million, or $0.75 per diluted common share.
FB Financial Corporation reported a net income of $35.3 million, or $0.75 per diluted common share, for Q2 2023. Deposits totaled $10.87 billion, while loans held for investment were $9.33 billion. The company focused on boosting balance sheet strength and reducing exposure to public funds and commercial real estate.
- Net income was $35.3 million, or $0.75 per diluted common share.
- Adjusted net income was $36.0 million, or $0.77 per diluted common share.
- Deposits totaled $10.87 billion.
- Loans held for investment were $9.33 billion.
Headline financials
Revenue & EPS history
FB Financial · Revenue · Quarterly
$125M
Revenue by segment
FB Financial · $29.5M total across 1 segment · Q1 2022
- Mortgage Banking Income$29.5M-46.6%100.0%
Forward guidance
Expense management is a focus of the Company as we face continued revenue headwinds from the net interest margin and mortgage environments. Our core expense run rate was less in the second quarter than the first, and we anticipate additional reductions in the second half of 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.7%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+4.7%
Avg return
30 days after
52%
23 / 44 earnings
Positive
+11.5%
Q1 2020
Best reaction
-9.9%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.6% | -3.6% | -7.8% | |
| Q4 2025 | -1.4% | -7.2% | -4.1% | |
| Q3 2025 | +3.8% | -7.5% | -3.0% | |
| Q2 2025 | -1.4% | -1.1% | +3.9% | |
| Q1 2025 | -2.0% | -1.3% | +11.6% | |
| Q4 2024 | +0.9% | +0.7% | -2.7% | |
| Q3 2024 | +6.0% | +3.0% | +17.8% | |
| Q2 2024 | +11.1% | +9.1% | +3.3% | |
| Q1 2024 | +4.8% | +5.6% | +13.5% | |
| Q4 2023 | -7.8% | -2.3% | -2.0% | |
| Q3 2023 | +3.8% | +6.0% | +23.6% | |
| Q2 2023 | +11.4% | +12.8% | +12.1% | |
| Q1 2023 | -3.2% | -0.6% | -8.0% | |
| Q4 2022 | -5.3% | -2.8% | +2.0% | |
| Q3 2022 | -3.8% | -10.5% | +1.7% | |
| Q2 2022 | +1.8% | +4.5% | +11.1% | |
| Q1 2022 | +1.4% | -0.6% | -5.1% | |
| Q4 2021 | -5.5% | -9.1% | -5.9% | |
| Q3 2021 | +0.1% | +3.7% | +3.8% | |
| Q2 2021 | +0.6% | +3.7% | +8.9% | |
| Q1 2021 | +0.3% | -2.5% | -3.5% | |
| Q4 2020 | -0.8% | +0.0% | +18.0% | |
| Q3 2020 | -6.1% | -3.3% | +10.9% | |
| Q2 2020 | +8.6% | +9.2% | +16.1% | |
| Q1 2020 | +11.5% | +10.6% | +25.5% | |
| Q4 2019 | -1.8% | -2.6% | -6.0% | |
| Q3 2019 | +2.2% | +0.6% | +0.3% | |
| Q2 2019 | +1.1% | +4.4% | -1.5% | |
| Q1 2019 | +4.7% | +5.6% | +0.8% | |
| Q4 2018 | -9.9% | -11.4% | -7.8% | |
| Q3 2018 | +4.8% | +6.2% | +10.2% | |
| Q2 2018 | +3.9% | +3.9% | +7.8% | |
| Q1 2018 | -1.2% | -1.9% | -1.1% | |
| Q4 2017 | -1.6% | -0.7% | -4.9% | |
| Q3 2017 | +2.9% | +8.8% | +4.3% | |
| Q2 2017 | -0.4% | -1.2% | -0.4% | |
| Q1 2016 | -1.0% | -1.1% | -2.0% | |
| Q1 2017 | +5.8% | +3.1% | +5.9% | |
| Q2 2016 | -1.8% | -4.2% | +4.5% | |
| Q4 2015 | -1.8% | -4.2% | +4.5% | |
| Q4 2014 | -1.8% | -4.2% | +4.5% | |
| Q4 2016 | +1.9% | +1.0% | +27.8% | |
| Q3 2015 | +1.9% | +4.1% | +10.7% | |
| Q3 2016 | -4.7% | -3.5% | +6.9% | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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