FB Financial Corp
FBK NYSE State Commercial Banks Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$560M
22.9%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
67.5%
2.4 pts
Net income
Profit after all expenses, interest and tax.
$123M
5.7%
Return on equity
Net income as a share of average shareholders' equity.
7.0%
0.7 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On $3.78 EPS (TTM)
What FB Financial Corp does
No business description yet.
- Legal name
- FB Financial Corp
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 26, 2026
- Accession · CIK
- 0001649749-26-000012
0001649749
Revenue and margins
FB Financial Corp had $560M of revenue in fiscal 2025, up 22.9% on the year before.
FY16
Revenue $256M
FY17
Revenue $295M
FY18
Revenue $335M
FY19
Revenue $361M
FY20
Revenue $568M
FY21
Revenue $576M
FY22
Revenue $527M
FY23
Revenue $478M
FY24
Revenue $456M
FY25
Revenue $560M
Q3 '23
Revenue $109M
Q4 '23
Revenue $116M
Q1 '24
Revenue $107M
Q2 '24
Revenue $128M
Q3 '24
Revenue $89.5M
Q4 '24
Revenue $130M
Q1 '25
Revenue $131M
Q2 '25
Revenue $76.9M
Q3 '25
Revenue $174M
Q4 '25
Revenue $179M
Q1 '26
Revenue $172M
Q2 '26
Revenue $175M
FY16
Net interest share 43.4%
Efficiency ratio 76.2%
FY17
Net interest share 52.0%
Efficiency ratio 75.4%
FY18
Net interest share 61.0%
Efficiency ratio 66.8%
FY19
Net interest share 62.5%
Efficiency ratio 67.7%
FY20
Net interest share 46.8%
Efficiency ratio 66.4%
FY21
Net interest share 60.3%
Efficiency ratio 64.9%
FY22
Net interest share 78.2%
Efficiency ratio 66.1%
FY23
Net interest share 85.2%
Efficiency ratio 68.0%
FY24
Net interest share 91.4%
Efficiency ratio 65.2%
FY25
Net interest share 92.2%
Efficiency ratio 67.5%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 92.6%
Efficiency ratio 76.2%
Q4 '23
Net interest share 86.8%
Efficiency ratio 68.9%
Q1 '24
Net interest share 92.6%
Efficiency ratio 67.4%
Q2 '24
Net interest share 80.0%
Efficiency ratio 58.6%
Q3 '24
Net interest share 118.4%
Efficiency ratio 85.1%
Q4 '24
Net interest share 83.1%
Efficiency ratio 56.1%
Q1 '25
Net interest share 82.4%
Efficiency ratio 60.9%
Q2 '25
Net interest share 145.0%
Efficiency ratio 105.7%
Q3 '25
Net interest share 84.7%
Efficiency ratio 63.2%
Q4 '25
Net interest share 83.9%
Efficiency ratio 60.2%
Q1 '26
Net interest share 84.7%
Efficiency ratio 55.2%
Q2 '26
Net interest share 85.2%
Efficiency ratio 52.3%
Net interest share
Efficiency ratio
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew 1.7% a year. Loss periods are shown in red.
FY16
Net income $40.6M
FY17
Net income $52.4M
FY18
Net income $80.2M
FY19
Net income $83.8M
FY20
Net income $63.6M
FY21
Net income $190M
FY22
Net income $125M
FY23
Net income $120M
FY24
Net income $116M
FY25
Net income $123M
Q3 '23
Net income $19.2M
Q4 '23
Net income $29.4M
Q1 '24
Net income $28.0M
Q2 '24
Net income $40.0M
Q3 '24
Net income $10.2M
Q4 '24
Net income $37.9M
Q1 '25
Net income $39.4M
Q2 '25
Net income $2.9M
Q3 '25
Net income $23.4M
Q4 '25
Net income $57.0M
Q1 '26
Net income $57.5M
Q2 '26
Net income $58.6M
FY16
Diluted EPS $2.10
FY17
Diluted EPS $1.86
FY18
Diluted EPS $2.55
FY19
Diluted EPS $2.65
FY20
Diluted EPS $1.67
FY21
Diluted EPS $3.97
FY22
Diluted EPS $2.64
FY23
Diluted EPS $2.57
FY24
Diluted EPS $2.48
FY25
Diluted EPS $2.45
Q3 '23
Diluted EPS $0.41
Q4 '23
Diluted EPS $0.63
Q1 '24
Diluted EPS $0.59
Q2 '24
Diluted EPS $0.85
Q3 '24
Diluted EPS $0.22
Q4 '24
Diluted EPS $0.82
Q1 '25
Diluted EPS $0.84
Q2 '25
Diluted EPS $0.06
Q3 '25
Diluted EPS $0.43
Q4 '25
Diluted EPS $1.12
Q1 '26
Diluted EPS $1.10
Q2 '26
Diluted EPS $1.13
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY16
ROE 12.3%
ROTE 14.5%
Efficiency ratio 76.2%
FY17
ROE 11.3%
ROTE 11.8%
Efficiency ratio 75.4%
FY18
ROE 12.6%
ROTE 15.3%
Efficiency ratio 66.8%
FY19
ROE 11.7%
ROTE 14.5%
Efficiency ratio 67.7%
FY20
ROE 6.2%
ROTE 6.2%
Efficiency ratio 66.4%
FY21
ROE 14.0%
ROTE 16.2%
Efficiency ratio 64.9%
FY22
ROE 9.0%
ROTE 11.6%
Efficiency ratio 66.1%
FY23
ROE 8.6%
ROTE 10.0%
Efficiency ratio 68.0%
FY24
ROE 7.7%
ROTE 8.8%
Efficiency ratio 65.2%
FY25
ROE 7.0%
ROTE 7.8%
Efficiency ratio 67.5%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
FB Financial Corp returned $194M to shareholders in fiscal 2025, 132% of free cash flow. The diluted share count rose 6.8%.
FY16
Dividends $69.3M
Buybacks —
FY17
Dividends $0.0M
Buybacks $241M
FY18
Dividends $6.1M
Buybacks $492M
FY19
Dividends $10.0M
Buybacks $0.0M
FY20
Dividends $14.3M
Buybacks $0.0M
FY21
Dividends $21.6M
Buybacks $7.6M
FY22
Dividends $24.5M
Buybacks $40.0M
FY23
Dividends $28.1M
Buybacks $4.9M
FY24
Dividends $31.8M
Buybacks $12.7M
FY25
Dividends $37.9M
Buybacks $156M
Dividends
Buybacks
Q3 '23
Dividends $7.0M
Buybacks $0.0M
Q4 '23
Dividends $7.0M
Buybacks $0.0M
Q1 '24
Dividends $8.0M
Buybacks $0.0M
Q2 '24
Dividends $8.0M
Buybacks $12.7M
Q3 '24
Dividends $7.9M
Buybacks $0.0M
Q4 '24
Dividends $7.9M
Buybacks $0.0M
Q1 '25
Dividends $8.9M
Buybacks $9.9M
Q2 '25
Dividends $8.7M
Buybacks $34.3M
Q3 '25
Dividends $10.2M
Buybacks $23.9M
Q4 '25
Dividends $10.2M
Buybacks $87.9M
Q1 '26
Dividends $10.9M
Buybacks $21.8M
Q2 '26
Dividends $10.8M
Buybacks $84.2M
Dividends
Buybacks
FY16
Diluted shares 0.02B
FY17
Diluted shares 0.03B
FY18
Diluted shares 0.03B
FY19
Diluted shares 0.03B
FY20
Diluted shares 0.04B
FY21
Diluted shares 0.05B
FY22
Diluted shares 0.05B
FY23
Diluted shares 0.05B
FY24
Diluted shares 0.05B
FY25
Diluted shares 0.05B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY16
Loans $1.8B
Deposits $2.7B
FY17
Loans $3.1B
Deposits $3.7B
FY18
Loans $3.6B
Deposits $4.2B
FY19
Loans $4.4B
Deposits $4.9B
FY20
Loans $6.9B
Deposits $9.5B
FY21
Loans $7.5B
Deposits $10.8B
FY22
Loans $9.2B
Deposits $10.9B
FY23
Loans $9.3B
Deposits $10.5B
FY24
Loans $9.5B
Deposits $11.2B
FY25
Loans $12.2B
Deposits $13.9B
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $7.5B | $9.2B | $9.3B | $9.5B | $12.2B |
| Deposits | $10.8B | $10.9B | $10.5B | $11.2B | $13.9B |
| Loans / deposits | 69.0% | 84.4% | 87.8% | 84.3% | 87.7% |
| Total assets | $12.6B | $12.8B | $12.6B | $13.2B | $16.3B |
| Shareholders' equity | $1.4B | $1.3B | $1.5B | $1.6B | $1.9B |
| Goodwill | $243M | $243M | $243M | $243M | $350M |
| Intangible assets | $17.0M | $12.4M | $8.7M | $5.8M | $31.3M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $256M | $295M | $335M | $361M | $568M | $576M | $527M | $478M | $456M | $560M |
| Net interest income | $111M | $153M | $204M | $226M | $266M | $347M | $412M | $407M | $417M | $516M |
| Noninterest income | $145M | $142M | $131M | $135M | $302M | $228M | $115M | $70.5M | $39.1M | $43.9M |
| Noninterest expense | $195M | $222M | $223M | $245M | $377M | $374M | $348M | $325M | $297M | $378M |
| Provision for credit losses | −$1.5M | −$1.0M | $5.4M | $7.1M | $94.6M | — | — | — | — | — |
| Interest expense | $9.5M | $16.3M | $35.5M | $56.5M | $49.0M | $37.6M | $69.2M | $271M | — | — |
| Pretax income | $62.3M | $73.5M | $106M | $110M | $82.5M | $243M | $160M | $150M | $147M | $139M |
| Income tax | $21.7M | $21.1M | $25.6M | $25.7M | $18.8M | $52.8M | $35.0M | $30.1M | $30.6M | $15.9M |
| Net income | $40.6M | $52.4M | $80.2M | $83.8M | $63.6M | $190M | $125M | $120M | $116M | $123M |
| Net income to common | $40.6M | $52.4M | $79.8M | $83.4M | $63.6M | $190M | $125M | $120M | $116M | $123M |
| Diluted EPS | $2.10 | $1.86 | $2.55 | $2.65 | $1.67 | $3.97 | $2.64 | $2.57 | $2.48 | $2.45 |
| Diluted shares | 0.02B | 0.03B | 0.03B | 0.03B | 0.04B | 0.05B | 0.05B | 0.05B | 0.05B | 0.05B |
| Cash flow | ||||||||||
| Cash from operations | −$245M | $37.6M | $212M | $63.9M | −$270M | $54.9M | $800M | $211M | $139M | $156M |
| Capital expenditure | $4.8M | $4.5M | $10.1M | $6.8M | $5.9M | $6.1M | $10.6M | $20.2M | $6.5M | $8.8M |
| Free cash flow | −$250M | $33.1M | $202M | $57.1M | −$276M | $48.8M | $789M | $191M | $132M | $147M |
| Depreciation and amortization | $4.0M | $4.3M | $4.3M | $5.2M | $7.5M | $8.4M | $8.0M | $11.2M | $12.0M | $12.1M |
| Stock-based compensation | $4.7M | $6.8M | $7.2M | $7.1M | $10.2M | $10.3M | $9.9M | $10.4M | $9.5M | $17.3M |
| Share buybacks | — | $241M | $492M | $0.0M | $0.0M | $7.6M | $40.0M | $4.9M | $12.7M | $156M |
| Dividends paid | $69.3M | $0.0M | $6.1M | $10.0M | $14.3M | $21.6M | $24.5M | $28.1M | $31.8M | $37.9M |
| Dividends and buybacks | $69.3M | $241M | $498M | $10.0M | $14.3M | $29.2M | $64.5M | $33.0M | $44.5M | $194M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $136M | $120M | $125M | $233M | $1.3B | $1.8B | $1.0B | $811M | $1.0B | $1.2B |
| Total debt | $195M | $143M | $0.0M | $305M | $238M | $172M | $416M | $391M | $177M | $213M |
| Finance lease liabilities | — | — | — | $0.0M | $1.6M | $1.5M | $1.4M | $1.3M | $1.2M | $1.1M |
| Loans, net | $1.8B | $3.1B | $3.6B | $4.4B | $6.9B | $7.5B | $9.2B | $9.3B | $9.5B | $12.2B |
| Deposits | $2.7B | $3.7B | $4.2B | $4.9B | $9.5B | $10.8B | $10.9B | $10.5B | $11.2B | $13.9B |
| Property and equipment, net | $66.7M | $81.6M | $86.9M | $90.1M | — | — | — | — | — | — |
| Goodwill | $46.9M | $137M | $137M | $169M | $243M | $243M | $243M | $243M | $243M | $350M |
| Intangible assets | $4.6M | $14.9M | $11.6M | $17.6M | $22.4M | $17.0M | $12.4M | $8.7M | $5.8M | $31.3M |
| Total assets | $3.3B | $4.7B | $5.1B | $6.1B | $11.2B | $12.6B | $12.8B | $12.6B | $13.2B | $16.3B |
| Total liabilities | $2.9B | $4.1B | $4.5B | $5.4B | $9.9B | $11.2B | $11.5B | $11.1B | $11.6B | $14.4B |
| Shareholders' equity | $330M | $597M | $672M | $762M | $1.3B | $1.4B | $1.3B | $1.5B | $1.6B | $1.9B |
| Margins | ||||||||||
| Net margin | 15.9% | 17.8% | 24.0% | 23.2% | 11.2% | 33.1% | 23.6% | 25.2% | 25.5% | 21.9% |
| FCF margin | −97.8% | 11.2% | 60.4% | 15.8% | −48.6% | 8.5% | 149.8% | 39.9% | 29.0% | 26.3% |
| Net interest share of revenue | 43.4% | 52.0% | 61.0% | 62.5% | 46.8% | 60.3% | 78.2% | 85.2% | 91.4% | 92.2% |
| Efficiency ratio | 76.2% | 75.4% | 66.8% | 67.7% | 66.4% | 64.9% | 66.1% | 68.0% | 65.2% | 67.5% |
| Returns | ||||||||||
| Return on equity | 12.3% | 11.3% | 12.6% | 11.7% | 6.2% | 14.0% | 9.0% | 8.6% | 7.7% | 7.0% |
| Return on assets | 1.2% | 1.3% | 1.6% | 1.5% | 0.7% | 1.6% | 1.0% | 0.9% | 0.9% | 0.8% |
| Return on tangible equity | 14.5% | 11.8% | 15.3% | 14.5% | 6.2% | 16.2% | 11.6% | 10.0% | 8.8% | 7.8% |
| Growth | ||||||||||
| Revenue growth | — | 15.3% | 13.5% | 8.0% | 57.0% | 1.4% | −8.5% | −9.3% | −4.6% | 22.9% |
| Net income growth | — | 29.1% | 53.1% | 4.5% | −24.1% | 199.1% | −34.5% | −3.5% | −3.5% | 5.7% |
| EPS growth | — | −11.4% | 37.1% | 3.9% | −37.0% | 137.7% | −33.5% | −2.7% | −3.5% | −1.2% |
| FCF growth | — | — | 511.1% | −71.7% | −583.3% | — | 1,517.2% | −75.8% | −30.7% | 11.2% |
| Share count change | — | 46.1% | 11.0% | 0.3% | 21.3% | 25.9% | −1.5% | −0.9% | 0.1% | 6.8% |
| Financial health | ||||||||||
| Debt / equity | 0.6x | 0.2x | 0.0x | 0.4x | 0.2x | 0.1x | 0.3x | 0.3x | 0.1x | 0.1x |
| Loans / deposits | 68.4% | 85.8% | 87.2% | 88.7% | 73.1% | 69.0% | 84.4% | 87.8% | 84.3% | 87.7% |
| Provision / loans | −0.1% | −0.0% | 0.1% | 0.2% | 1.4% | — | — | — | — | — |
| Capital allocation | ||||||||||
| Capex / revenue | 1.9% | 1.5% | 3.0% | 1.9% | 1.0% | 1.1% | 2.0% | 4.2% | 1.4% | 1.6% |
| Stock comp / revenue | 1.8% | 2.3% | 2.2% | 2.0% | 1.8% | 1.8% | 1.9% | 2.2% | 2.1% | 3.1% |
| Payouts / FCF | — | 730.0% | 246.4% | 17.6% | — | 59.8% | 8.2% | 17.3% | 33.6% | 131.8% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 3.0 | 6.0 | 2.0 | 2.0 | 4.0 | 4.0 | 5.0 | 4.0 | 4.0 |
| Accruals ratio | 8.7% | 0.4% | −2.7% | 0.4% | 3.8% | 1.1% | −5.3% | −0.7% | −0.2% | −0.2% |
Source: SEC EDGAR XBRL filings (CIK 0001649749). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.