
FB Financial (FBK) Stock Forecast & Price Target
FB Financial (FBK) Analyst Ratings
Bulls say
FB Financial Corp demonstrated solid financial growth, highlighted by a 7.2% annualized increase in deposits during the second quarter, with a notable contribution from non-interest-bearing (NIB) and money market accounts (MMA). The positive outlook is further supported by improved net interest income (NII) and a net interest margin (NIM) increase to 3.95% in the third quarter, attributed to the integration of a higher-margin portfolio from SSBK. Additionally, the company's proactive share repurchase activity and successful management of its balance sheet signal strong future earnings potential and operational efficiency.
Bears say
FB Financial Corp has faced challenges in 2023, including a decline in earnings and net interest margin (NIM) headwinds, contributing to its trading at a discount to tangible book value (TBV). The management's decision to let interest-bearing checking accounts decline while navigating high-cost, non-core balances raises concerns about future revenue stability, especially in a fluctuating rate environment. Additionally, the bank's heavy reliance on the Tennessee economy, particularly Nashville's real estate sector, adds to the risk of growth rate and credit cost pressures, which could adversely affect the company's financial performance moving forward.
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
Start investing in FB Financial (FBK)
Order type
Buy in
Order amount
Est. shares
0 shares