FB Financial Q1 EPS $0.78 ($0.76 adjusted); deposits grow 12.2% annualized

FB Financial Corp

2023-Q1 EPS reported $0.78

Net income $36.4M, diluted EPS $0.78; adjusted EPS $0.76 vs $0.85 prior quarter.
Total deposits grew to $11.18B, up 12.2% annualized; uninsured deposits improved to 29.1% from 32.9%.
Net interest margin narrowed to 3.51% from 3.78% in Q4 2022.
Loans held for investment grew 2.96% annualized to $9.37B; credit quality metrics improved.
Adjusted tangible book value per share rose to $27.06, up 8.09% annualized.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FB Financial Corp reported the first quarter ended March 31, 2023 results: net income net income of $36.4 million, EPS $0.78 per diluted common share.

Period: the first quarter ended March 31, 2023
Net income: net income of $36.4 million
EPS: $0.78 per diluted common share
Result: reported results

Exact text from the filing

FB Financial Corporation Reports First Quarter 2023 Results Reports Q1 Diluted EPS of $0.78, Adjusted Diluted EPS* of $0.76

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Source: SEC EDGAR

accession 0001649749-23-000105

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