FB Financial Corporation (FBK) Misses Q2 EPS by 15c

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FB Financial Corporation Reports Second Quarter 2022 Results

July 18, 2022 4:15 PM EDT

Reports Q2 Diluted EPS of $0.41, Adjusted Diluted EPS of $0.64

NASHVILLE, Tenn.--(BUSINESS WIRE)--

FB Financial Corporation (the Company) (NYSE: FBK), parent company of FirstBank, reported net income of $19.3 million, or $0.41 per diluted common share, compared to $0.90 in the same quarter last year and $0.74 in the previous quarter. Reported results during the second quarter were impacted by $12.5 million of mortgage restructuring charges related to the previously announced wind-down of the direct-to-consumer mortgage delivery channel and a $2.0 million loss from changes in fair value on... More