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FB Financial Corporation (FBK) Misses Q3 EPS by 6c, Revenues Miss

October 22, 2018 4:51 PM

FB Financial Corporation (NYSE: FBK) reported Q3 EPS of $0.68, $0.06 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $87.11 million versus the consensus estimate of $87.66 million.

President and Chief Executive Officer, Christopher T. Holmes stated, “The Company continues to perform very well with organic growth rates and profitability ratios that are among the best of our peers. Our FirstBank team has been able to effectively balance between growth and profitability, delivering annualized loan growth of 14.3%, annualized customer deposit growth of 17.9% and a net interest margin of 4.71%. The team takes pride in being an elite financial performer.”

For earnings history and earnings-related data on FB Financial Corporation (FBK) click here.

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