secwatch.observer — SEC 8-K summary
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Issuer:     FB Financial Corp (FBK)
CIK:        0001649749
Form:       8-K
Filed at:   2025-07-14T23:59:59+00:00
Accession:  0001649749-25-000178
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 Q2 GAAP EPS $0.06 on $60.5M securities loss; adjusted EPS $0.88, NIM 3.68%
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- GAAP net income $2.9M ($0.06 diluted EPS) vs $0.84 prior Q and $0.85 YoY, impacted by $60.5M loss on sale of securities.
- Adjusted diluted EPS $0.88 vs $0.85 prior Q and $0.84 YoY; adjusted pre-tax pre-provision net revenue $58.6M.
- Net interest margin improved to 3.68% from 3.55% prior Q; loans HFI $9.87B (+4.22% annualized QoQ), deposits $11.40B (+7.21% annualized QoQ).
- Closed Southern States merger on July 1, 2025, adding ~$2.87B in assets, $2.32B loans, $2.47B deposits.
- Repurchased 811,704 shares in Q2; book value per share $35.17, tangible book value $29.78.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649749/000164974925000178/0001649749-25-000178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649749/000164974925000178/fbk-20250714.htm
  HTML page:      https://secwatch.observer/filing/0001649749-25-000178

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