FB Financial Corp reports results for the quarter ended March 31 - Earnings Summary

• FB Financial Corp FBK.N reported quarterly adjusted earnings of 85 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of six analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 80 cents to 86 cents per share.

• Revenue rose 21.6% to $130.67 million from a year ago; analysts expected $131.86 million.

• FB Financial Corp's reported EPS for the quarter was 84 cents​.

• The company reported quarterly net income of $39.36 million.

• FB Financial Corp shares had fallen by 12.5% this quarter and lost 21.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for FB Financial Corp is $59.00

This summary was machine generated from LSEG data April 14 at 09:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)