FB Financial (NYSE:FBK – Get Free Report) released its quarterly earnings results on Tuesday. The financial services provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.04, Briefing.com reports. The company had revenue of $169.13 million during the quarter, compared to analysts’ expectations of $127.44 million. FB Financial had a net margin of 15.34% and a return on equity of 10.24%. During the same quarter in the prior year, the company earned $0.71 earnings per share.
FB Financial Trading Up 5.7 %
Shares of FBK opened at $50.63 on Thursday. FB Financial has a 12 month low of $27.61 and a 12 month high of $51.40. The firm has a fifty day simple moving average of $46.18 and a 200 day simple moving average of $41.45. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 21.27 and a beta of 1.13.
FB Financial Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Tuesday, August 6th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend was Tuesday, August 6th. FB Financial’s payout ratio is 28.57%.
Analyst Ratings Changes
Get Our Latest Analysis on FB Financial
FB Financial Company Profile
FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. The company operates in segments, such as Banking and Mortgage. It offers checking, demand, money market, and savings accounts; deposit and lending products and services to corporate, commercial, and consumer customers; and time deposits and certificates of deposits, as well as residential mortgage loans.
Featured Articles
- Five stocks we like better than FB Financial
- Investing in Construction Stocks
- Why Buffett Loves Occidental Stock And What It Means for Chevron
- Compound Interest and Why It Matters When Investing
- UnitedHealth Group Pulls Back Into a Healthy Buying Opportunity
- What is MarketRankā¢? How to Use it
- Why Alphabet Could Rally 30% Before Christmas
Receive News & Ratings for FB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FB Financial and related companies with MarketBeat.com's FREE daily email newsletter.