FB Financial Corporation (FBK) Misses Q2 EPS by 1c

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FB Financial Corporation Reports Strong 2018 Second Quarter Results

July 23, 2018 4:15 PM EDT

Reported diluted EPS of $0.70; Adjusted diluted EPS of $0.72, excluding offering-related expenses

Driven by 21.1% annualized loan growth; 17.3% annualized customer deposit growth

Adjusted ROAA of 1.91%; NIM of 4.81%

NASHVILLE, Tenn.--(BUSINESS WIRE)-- FB Financial Corporation (the Company) (NYSE: FBK), parent company of FirstBank, reported net income of $22.1 million, or $0.70 per diluted common share, for the second quarter of 2018, compared to net income of $11.2 million, or $0.43 per diluted common share, for the second quarter of 2017. Adjusting for nondeductible offering-related expenses, net income was $22.7... More