Financial Snapshot

Revenue
$539.2M
TTM
Gross Margin
Net Earnings
$107.5M
TTM
Current Assets
Current Liabilities
$199.5M
Q3 2024
Current Ratio
Total Assets
$12.92B
Q3 2024
Total Liabilities
$11.36B
Q3 2024
Book Value
$1.562B
Q3 2024
Cash
Q3 2024
P/E
24.52
Nov 13, 2024 EST
Free Cash Flow
$133.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $678.4M $481.4M $385.0M $314.6M $282.5M $239.6M $169.6M $120.5M $102.8M $92.89M
YoY Change 40.92% 25.05% 22.36% 11.36% 17.93% 41.25% 40.76% 17.23% 10.65%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $678.4M $481.4M $385.0M $314.6M $282.5M $239.6M $169.6M $120.5M $102.8M $92.89M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.18M $8.017M $8.416M $7.536M $5.176M $4.334M $4.316M $14.50M $7.600M $5.100M $4.600M $4.700M
YoY Change 39.45% -4.74% 11.68% 45.6% 19.43% 0.42% -70.23% 90.79% 49.02% 10.87% -2.13%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $271.2M $69.19M $37.63M $48.99M $56.50M $35.50M $16.34M $9.544M $8.910M $9.513M
YoY Change 291.97% 83.87% -23.19% -13.3% 59.14% 117.25% 71.23% 7.12% -6.34%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income $150.3M $159.6M $243.1M $82.46M $109.5M $105.9M $73.49M $62.32M $50.82M $34.73M $28.80M $22.00M
YoY Change -5.82% -34.35% 194.75% -24.72% 3.48% 44.05% 17.91% 22.63% 46.34% 20.59% 30.91% 43.79%
Income Tax $30.05M $35.00M $52.75M $18.83M $25.73M $25.62M $21.09M $21.73M $2.968M $2.269M $1.900M $1.500M
% Of Pretax Income 20.0% 21.94% 21.7% 22.84% 23.48% 24.2% 28.7% 34.87% 5.84% 6.53% 6.6% 6.82%
Net Earnings $120.2M $124.6M $190.3M $63.62M $83.81M $80.24M $52.40M $40.59M $47.86M $32.46M $26.90M $20.50M
YoY Change -3.48% -34.54% 199.09% -24.09% 4.46% 53.13% 29.09% -15.18% 47.42% 20.68% 31.22% 43.36%
Net Earnings / Revenue 17.72% 25.87% 49.42% 20.22% 29.66% 33.49% 30.89% 33.69% 46.56% 34.95%
Basic Earnings Per Share $2.57 $2.64 $4.01 $1.69 $2.70 $2.60 $1.90 $2.12 $2.79 $1.89
Diluted Earnings Per Share $2.57 $2.637M $3.97 $1.67 $2.65 $2.55 $1.86 $2.10 $2.79 $1.89 $1.165M $887.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $210.0M $206.4M $185.0M $195.0M $123.0M $87.00M $82.00M $67.00M $66.00M $48.00M $46.00M $43.00M
YoY Change 1.78% 11.55% -5.13% 58.54% 41.38% 6.1% 22.39% 1.52% 37.5% 4.35% 6.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $2.990M $3.000M $5.000M $3.000M $3.000M $8.000M $9.000M $9.000M $9.000M $8.000M $8.000M
YoY Change -100.0% -0.33% -40.0% 66.67% 0.0% -62.5% -11.11% 0.0% 0.0% 12.5% 0.0%
Other Assets $0.00 $1.000M $2.000M $1.000M
YoY Change -100.0% -50.0% 100.0%
Total Long-Term Assets
YoY Change
Total Assets $12.60B $12.85B $12.60B $11.21B $6.125B $5.137B $4.728B $3.277B $2.899B $2.428B $2.258B $2.232B
YoY Change
Accounts Payable $18.81M $8.648M $3.000M $7.000M $6.000M $5.000M $1.000M $1.000M $1.000M $1.000M $1.000M
YoY Change 117.5% 188.27% -57.14% 16.67% 20.0% 0.0% 0.0% 0.0% 0.0%
Accrued Expenses $210.3M $250.7M $105.0M $93.00M $54.00M $12.00M $119.0M $13.00M $21.00M $17.00M $10.00M $9.000M
YoY Change -16.14% 138.79% 12.9% 72.22% 350.0% -89.92% 815.38% -38.1% 23.53% 70.0% 11.11%
Deferred Revenue
YoY Change
Short-Term Debt $238.8M $86.95M $41.00M $32.00M $172.0M $123.0M $192.0M $177.0M $122.0M
YoY Change 174.61% 112.06% 28.13% 39.84% -35.94% 8.47% 45.08%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $210.3M $250.7M $108.0M $100.0M $60.00M $17.00M $119.0M $14.00M $22.00M $20.00M $11.00M $10.00M
YoY Change -16.14% 132.15% 8.0% 66.67% 252.94% -85.71% 750.0% -36.36% 10.0% 81.82% 10.0%
Long-Term Debt $391.0M $415.7M $131.0M $206.0M $55.00M $46.00M $348.0M $31.00M $41.00M $41.00M $68.00M $41.00M
YoY Change -5.95% 217.31% -36.41% 274.55% 19.57% -86.78% 1022.58% -24.39% 0.0% -39.71% 65.85%
Other Long-Term Liabilities $83.84M $122.2M $48.00M $120.0M $42.00M $32.00M $41.00M $22.00M $13.00M $9.000M $10.00M
YoY Change -31.37% 154.5% -60.0% 185.71% 31.25% 86.36% 69.23% 44.44% -10.0%
Total Long-Term Liabilities $391.0M $415.7M $179.0M $326.0M $97.00M $78.00M $348.0M $72.00M $63.00M $54.00M $77.00M $51.00M
YoY Change -5.95% 132.22% -45.09% 236.08% 24.36% -77.59% 383.33% 14.29% 16.67% -29.87% 50.98%
Total Liabilities $11.15B $11.52B $11.17B $9.916B $5.363B $4.465B $4.131B $2.946B $2.663B $2.213B $2.069B $2.035B
YoY Change -3.23% 3.2% 12.6% 84.9% 20.11% 8.09% 40.22% 10.63% 20.33% 6.96% 1.67%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $2.6369 Billion

About FB Financial Corp

FB Financial Corp. is a bank holding company, which provides commercial and consumer banking services to clients in select markets primarily in Tennessee, North Alabama, and North Georgia through its subsidiary. The company is headquartered in Nashville, Tennessee and currently employs 1,591 full-time employees. The company went IPO on 2016-09-16. The firm operates through its wholly owned banking subsidiary, FirstBank with approximately 81 full-service bank branches across Tennessee, Kentucky, Alabama and North Georgia, and mortgage offices across the Southeast. The company operates through two segments: Banking and Mortgage. The Banking segment provides a full range of deposit and lending services to corporate, commercial and consumer customers. The firm also originates conforming residential mortgage loans through the Mortgage segment which engages in servicing and sale of mortgage loans through the secondary markets. The company also provides other limited servicing banking, automated teller machine (ATM) and mortgage loan production locations serving metropolitan and community markets across its footprint. The company also operates in approximately 17 community markets. The firm also provides mortgage banking services utilizing its bank branch network and mortgage banking offices.

Industry: State Commercial Banks Peers: Enterprise Financial Services Corp Heartland Financial USA Inc Lakeland Financial Corp Northwest Bancshares Inc Renasant Corp PNC Financial Services Group Inc Seacoast Banking Corporation of Florida Trustmark Corp