FB Financial's Q1 revenue misses estimates

FB Financial

13/04/2026 21:26

Overview

U.S. regional bank's Q1 revenue missed analyst expectations, adjusted EPS beat consensus

Company repurchased nearly 427,000 shares during the quarter

Outlook

FB Financial says deposit repricing momentum positions it well as it moves through the year

Result Drivers

LOAN AND DEPOSIT GROWTH - Co said broad-based loan production and continued deposit expansion drove balance sheet growth

LOWER ASSET YIELDS - Lower yields on interest-earning assets after a late Q4 federal funds rate cut weighed on net interest margin

EXPENSE NORMALIZATION - Incentive and personnel costs returned to expected levels after elevated Q4 expenses

Company press release: ID:nBwBFjJ7a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$172.34 mln
$176.64 mln (4 Analysts)
Q1 Adjusted EPS
Beat
$1.12
$1.11 (6 Analysts)
Q1 EPS
$1.10
Q1 Adjusted Net Income
Miss
$58.27 mln
$59.007 mln (4 Analysts)
Q1 Net Income
$57.53 mln
Q1 Net Interest Income
$145.97 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for FB Financial Corp is $66.50, about 21.1% above its April 10 closing price of $54.90

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)