FB Financial: Q1 Earnings Snapshot

Associated Press Finance
15 Apr

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — FB Financial Corp. (FBK) on Monday reported first-quarter profit of $39.4 million.

The bank, based in Nashville, Tennessee, said it had earnings of 84 cents per share. Earnings, adjusted for non-recurring costs, came to 85 cents per share.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 85 cents per share.

The bank holding company posted revenue of $202.7 million in the period. Its revenue net of interest expense was $130.7 million, falling short of Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBK at https://www.zacks.com/ap/FBK

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10