(FBK) – Recap: FB Second Quarter Financial Results

Actions of Financial FB (NYSE: FBK) stagnated in aftermarket trading after the company released its second quarter results.

Quarterly results

Earnings per share rose 18.92% over the past year to $ 0.88, beating the estimate of $ 0.74.

Revenue of $ 135,140,000 was down 1.69% year over year, exceeding the estimate of $ 132,010,000.

Look ahead

FB Financial has not released any profit forecasts at this time.

The revenue forecast has not been released by the company at this time.

Recent stock market performance

The company’s 52-week high was $ 49.62

Minimum of 52 weeks: $ 22.68

Price action in the last quarter: down 17.45%

Company Description

FB Financial Corp is a banking holding company. The company, through its wholly-owned banking subsidiary, provides commercial and consumer banking services to customers in select markets in Tennessee, northern Alabama and northern Georgia. It generates income from the banking sector which provides a full range of deposit and loan products and services to businesses, businesses and individuals. In addition, the mortgage lending segment includes the management of residential mortgages as well as the consolidation and securitization of loans to government agencies.


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Harold Shirley

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