
FB Financial (FBK) Stock Forecast & Price Target
FB Financial (FBK) Analyst Ratings
Bulls say
FB Financial Corp demonstrated a robust performance in its recent financial reports, with a notable 7.2% annualized growth in deposits during the second quarter, particularly in non-interest-bearing (NIB) and money market accounts (MMA). The company's net interest income (NII) exceeded expectations, and strategic actions such as share repurchases and successful integration of SSBK contributed to an improved outlook for earnings per share (EPS), projected to exceed 12% accretion due to enhanced net interest margin (NIM) and cost savings. Furthermore, the expansion of NIM to 3.95% from the previous quarter's 3.68% reflects positive asset mix changes and reinvestment strategies following the acquisition, positioning FB Financial favorably for future growth.
Bears say
FB Financial Corp's negative outlook stems from management's strategic decision to allow a decline in interest-bearing checking accounts, which may adversely affect net interest margin (NIM) if deposit costs remain high amidst falling short-term rates. Current loan and deposit growth projections appear conservative and do not capitalize on potential market disruptions that could lead to accelerated growth opportunities, indicating a mismatch between management's expectations and market reality. Additionally, the bank faces challenges in merger and acquisition (M&A) activities, with limited opportunities in its target range, raising concerns about potential capital dilution and its impact on investor confidence.
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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