secwatch.observer — SEC 8-K summary
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Issuer:     FB Financial Corp (FBK)
CIK:        0001649749
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001649749-24-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FB Financial Q4 2023 EPS $0.63; adjusted EPS $0.77; NIM expands to 3.46%
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- Net income $29.4M ($0.63 diluted EPS) vs $0.41 prior Q and $0.81 year-ago; adjusted EPS $0.77 vs $0.71 prior Q and $0.85 year-ago.
- Loans HFI grew 5.19% annualized to $9.41B; deposits declined $91M linked Q to $10.55B.
- Net interest margin improved to 3.46% from 3.42% prior Q; net recoveries of 0.04% annualized.
- Core efficiency ratio improved to 61.7% from 63.1% prior Q; core noninterest expense $74.4M.
- Tangible book value per share $25.69, up 29.2% annualized from $23.93 prior Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649749/000164974924000006/0001649749-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649749/000164974924000006/fbk-20240116.htm
  HTML page:      https://secwatch.observer/filing/0001649749-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer