FB Financial Q2 revenue misses street estimates

FB Financial

14/07/2025 21:27

Overview

FB Financial Q2 revenue missed analyst expectations, per LSEG data

FB Financial Q2 adjusted EPS met estimates, per LSEG data

Company completed merger with Southern States Bancshares, enhancing scale and strategic flexibility

Strategic sale of securities resulted in $60.5 mln GAAP loss

Outlook

Company anticipates enhanced liquidity and margin from securities sale

FB Financial expects stronger returns post Southern States merger

Result Drivers

SECURITIES SALE - Strategic sale of $266.5 million in securities resulted in $60.5 million GAAP loss, aimed at enhancing liquidity and future margins

LOAN AND DEPOSIT GROWTH - Growth in loans and deposits contributed to a healthy net interest margin, per CEO Christopher Holmes

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$76.86 mln
$136.50 mln (5 Analysts)
Q2 Adjusted EPS
Meet
$0.88
$0.88 (6 Analysts)
Q2 EPS
$0.06
Q2 Adjusted Net Income
Miss
$40.82 mln
$41.10 mln (6 Analysts)
Q2 Net Income
$2.91 mln
Q2 Net Interest Income
$111.42 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 $58.00, about 16.9% above its July 11 closing price of $48.22

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw6dRhwqa

(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.)