FB Financial Q3 diluted EPS $0.41 (adj. $0.71); deposits $10.64B, NIM 3.42%

FB Financial Corp

2023-Q3 EPS reported $1.94

Net income $19.2M ($0.41 diluted EPS); adjusted net income $33.2M ($0.71 adjusted EPS).
Sold $76.6M securities yielding 1.36%, reinvested at 6.43%; recorded $14.2M pre-tax loss.
Deposits $10.64B vs. $10.87B in Q2; cost of deposits rose to 2.58% from 2.38%.
NIM expanded to 3.42% from 3.40%; net interest income essentially flat at $101M.
NPL ratio 0.59% (up from 0.47%); net charge-offs 0.02%; ACL 1.57% of loans.

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 0.95

FB Financial Corp reported the third quarter ended September 30, 2023 results: revenue $108,968, net income $19.2 million, EPS $0.41 per diluted common share.

Period: the third quarter ended September 30, 2023
Revenue: $108,968
Net income: $19.2 million
EPS: $0.41 per diluted common share
Result: reported results

Exact text from the filing

income $ 100,926 $ 101,543 $ 111,384 NIM 3.42 % 3.40 % 3.93 % Noninterest income $ 8,042 $ 23,813 $ 22,592 Loss from securities, net $ (14,197) $ (28) $ (140) Total revenue $ 108,968 $ 125,356 $ 133,976 Noninterest expense $ 82,997 $ 81,292 $ 81,847 Early retirement and severance costs $ 4,809 $ 1,426 $ — Efficiency ratio 76.2 % 64.8 % 61.1 % Core efficiency

View on SEC.gov

Browse all earnings releases →

FB Financial Corp filing history →

Source: SEC EDGAR

accession 0001649749-23-000238

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.