Financial Snapshot

Revenue
$539.2M
TTM
Gross Margin
Net Earnings
$116.0M
TTM
Current Assets
Current Liabilities
$216.1M
Q4 2024
Current Ratio
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$1.568B
Q4 2024
Cash
Q4 2024
P/E
16.21
Apr 15, 2025 EST
Free Cash Flow
$132.3M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $725.5M $678.4M $481.4M $385.0M $314.6M $282.5M $239.6M $169.6M $120.5M $102.8M $92.89M
YoY Change 6.95% 40.92% 25.05% 22.36% 11.36% 17.93% 41.25% 40.76% 17.23% 10.65%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $725.5M $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

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operating Profits/Loss YoY Change

No data

Operating Earnings to Gross Profit Ratio

No data

Operating Profit Margin

No data

Operational Expenses

Concept 2024 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 $11.97M $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 7.03% 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
Operating Profit To Gross Profit
Operating Profit To Revenue

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 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

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income $146.7M $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 -2.41% -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 $30.62M $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 20.88% 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 $116.0M $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% -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 15.99% 17.72% 25.87% 49.42% 20.22% 29.66% 33.49% 30.89% 33.69% 46.56% 34.95%
Basic Earnings Per Share $2.48 $2.57 $2.64 $4.01 $1.69 $2.70 $2.60 $1.90 $2.12 $2.79 $1.89
Diluted Earnings Per Share $2.48 $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

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

No data

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 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 $196.9M $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 -6.27% 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 $13.16B $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 $24.18M $18.81M $8.648M $3.000M $7.000M $6.000M $5.000M $1.000M $1.000M $1.000M $1.000M $1.000M
YoY Change 28.57% 117.5% 188.27% -57.14% 16.67% 20.0% 0.0% 0.0% 0.0% 0.0%
Accrued Expenses $105.8M $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 -49.68% -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 $13.50M $238.8M $86.95M $41.00M $32.00M $172.0M $123.0M $192.0M $177.0M $122.0M
YoY Change -94.35% 174.61% 112.06% 28.13% 39.84% -35.94% 8.47% 45.08%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $143.5M $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 -31.76% -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 $163.3M $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 -58.23% -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 $72.65M $83.84M $122.2M $48.00M $120.0M $42.00M $32.00M $41.00M $22.00M $13.00M $9.000M $10.00M
YoY Change -13.35% -31.37% 154.5% -60.0% 185.71% 31.25% 86.36% 69.23% 44.44% -10.0%
Total Long-Term Liabilities $235.9M $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 -39.65% -5.95% 132.22% -45.09% 236.08% 24.36% -77.59% 383.33% 14.29% 16.67% -29.87% 50.98%
Total Liabilities $11.59B $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 3.95% -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

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $1.8806 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 1,490 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