FB Financial Corporation (FBK) Tops Q2 EPS by 15c
FB Financial Corporation (NYSE: FBK) reported Q2 EPS of $0.90, $0.15 better than the analyst estimate of $0.75.
President and Chief Executive Officer, Christopher T. Holmes stated, “The team delivered an outstanding quarter of loan growth and also lowered deposit costs by 10 bps during the quarter. These efforts contributed to net interest income growth of 4.83% quarter over quarter, or 19.4% annualized. We also added value for our shareholders by increasing our tangible book value per share at an annualized rate of 15.8%, during the first half of the year.”
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