FB Financial: 4Q Earnings Snapshot

·1-min read

NASHVILLE, Tenn. (AP) _ FB Financial Corp. (FBK) on Monday reported fourth-quarter profit of $45.6 million.

The bank, based in Nashville, Tennessee, said it had earnings of 95 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 95 cents per share.

The bank holding company posted revenue of $178.9 million in the period. Its revenue net of interest expense was $165.9 million, which beat Street forecasts. Four analysts surveyed by Zacks expected $164.4 million.

For the year, the company reported profit of $63.6 million, or $1.67 per share. Revenue was reported as $567.5 million.

FB Financial shares have increased 7% since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.23, a drop of roughly 3% in the last 12 months.


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