
FB Financial (FBK) Stock Forecast & Price Target
FB Financial (FBK) Analyst Ratings
Bulls say
FB Financial Corp has demonstrated a robust performance with a notable 7.2% annualized growth in deposits during the second quarter, driven by increases in non-interest bearing (NIB) and money market account (MMA) balances. The company has effectively enhanced its net interest income (NII) and witnessed a significant increase in its net interest margin (NIM), which rose to 3.95% in the third quarter due to a favorable asset mix and the integration of the higher-margin portfolio from SSBK. Furthermore, FB Financial's strategic initiatives, including healthy share repurchase activity and the potential for stronger balance sheet growth from new customer acquisition, contribute to a positive outlook for long-term earnings performance.
Bears say
FB Financial Corp faces a challenging outlook primarily due to a slowdown in earnings growth and headwinds affecting net interest margin (NIM), compounded by a strategic decline in interest-bearing checking accounts to reduce high-cost deposits. Additionally, the bank's heavy reliance on the Tennessee economy, particularly in Nashville, raises concerns over potential negative impacts from real estate market downturns and associated credit costs. The company's loan and deposit growth projections appear conservative and may not adequately reflect the potential for accelerated growth amid market disruptions, which could hinder the bank's capacity to capitalize on new opportunities.
This aggregate rating is based on analysts' research of FB Financial and is not a guaranteed prediction by Public.com or investment advice.
FB Financial (FBK) Analyst Forecast & Price Prediction
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