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

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FB Financial Corporation Reports 2018 Third Quarter Results

October 22, 2018 4:50 PM EDT

Reported diluted EPS of $0.68, up 17.2% over third quarter 2017 diluted adjusted EPS

Grew loans 14.3% annualized and customer deposits 17.9% annualized

ROAA of 1.72%; ROATCE of 17.4%; NIM of 4.71%

NASHVILLE, Tenn.--(BUSINESS WIRE)-- FB Financial Corporation (the Company) (NYSE: FBK), parent company of FirstBank, reported net income of $21.4 million, or $0.68 per diluted common share, for the third quarter of 2018, compared to net income of $8.4 million, or $0.27 per diluted common share, for the third quarter of 2017. On an adjusted basis, this is an increase of 17.2% over... More