FB Financial Corporation (FBK) Tops Q2 EPS by 26c

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FB Financial Corporation Reports Second Quarter 2020 Results

July 20, 2020 4:15 PM EDT

Reported net income of $22.9 million, or diluted EPS of $0.70, reflecting record mortgage contribution

Adjusted PTPP earnings* were $57.8 million for the second quarter, Adjusted EPS* of $0.74

Recorded provisions for credit losses of $25.9 million building ACL to 2.34% of loans HFI

NASHVILLE, Tenn.--(BUSINESS WIRE)-- FB Financial Corporation (the "Company") (NYSE: FBK), parent company of FirstBank, reported net income of $22.9 million, or $0.70 per diluted common share, for the second quarter of 2020, compared to net income of $18.7 million, or $0.59 per... More