FB Financial Corporation (FBK) Tops Q3 EPS by $1.04

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FB Financial Corporation Reports Third Quarter 2020 Results

October 26, 2020 4:15 PM EDT

Reported quarterly net loss of $(5.6) million, or diluted EPS of $(0.14)

Adjusted PTPP earnings* were $72.3 million for the third quarter, Adjusted Diluted EPS* of $1.46

NASHVILLE, Tenn.--(BUSINESS WIRE)-- FB Financial Corporation (the "Company") (NYSE: FBK), parent company of FirstBank, reported a net loss of $(5.6) million, or $(0.14) per diluted common share, for the third quarter of 2020, compared to net income of $24.0 million, or $0.76 per diluted common share, for the third quarter of 2019. The application of CECL accounting to the loan portfolio acquired with the Franklin... More