NYSE$FBK

Fb Financial Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported strong Q4 results with diluted EPS of $1.02, ROAA of 1.60%, and annualized Loan Growth (HFI) of 16.9%.

FB Financial Corporation reported a net income of $48.8 million, or $1.02 per diluted common share, for Q4 2021. The company's return on average assets was 1.60%, return on average common equity was 13.7%, and return on tangible common equity was 16.8%. Loan growth (HFI) was $310.0 million, or 16.9% annualized.

  • Net income was $48.8 million, or $1.02 per diluted common share.
  • Adjusted net income was $42.6 million, or $0.89 per diluted common share.
  • Return on average assets was 1.60% (1.40% adjusted).
  • Annualized loan growth (HFI) was 16.9%, or 17.2% excluding PPP loans.

Headline financials

Total Revenue

$134M

Previous: $164M-18.4%
EPS (adj)

$0.89

Previous: $1.14-21.9%
Net Interest Margin

3.2%

Previous: 3.3%-3.9%
Efficiency Ratio

63.6%

Previous: 66.2%-3.9%
Return on Average Total Assets

1.6%

Previous: 1.6%-1.8%
Return on Average Shareholders' Equity

13.7%

Previous: 14.4%-4.9%
Return on Average Tangible Common Equity

16.8%

Previous: 18.2%-7.7%
Capital Expenditures

$909K

Previous: $3.28M-72.3%
Free Cash Flow

$95M

Previous: -$131M+172.8%
Net Income

$48.8M

Previous: $45.6M+7.1%
Cash & Equivalents

$1.8B

Previous: $1.32B+36.4%
Total Assets

$12.6B

Previous: $11.2B+12.4%
Stock-Based Comp

$2.22M

Previous: $2.96M-25.1%

Revenue & EPS history

FB Financial · Revenue · Quarterly

$134M

Q4 2021-18.4%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

FB Financial · $29.5M total across 1 segment · Q1 2022

  • Mortgage Banking Income
    $29.5M-46.6%

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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