---
schema_version: "secwatch.filing_event.v1"
accession: "0001649749-23-000238"
form_type: "8-K"
ticker: "FBK"
cik: "0001649749"
company_name: "FB Financial Corp"
filed_at: "2023-10-16T23:59:59+00:00"
generated_at: "2026-06-09T23:25:24.222622+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001649749-23-000238
- form_type: 8-K
- ticker: FBK
- cik: 0001649749
- company_name: FB Financial Corp
- filed_at: 2023-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000238/0001649749-23-000238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000238/fbk-20231016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001649749-23-000238
- JSON: https://secwatch.observer/filing/0001649749-23-000238.json
- Plain text: https://secwatch.observer/filing/0001649749-23-000238.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000238/0001649749-23-000238-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.