FB Financial Corporation (NYSE:FBK) is reporting third quarter earnings results on Monday 26th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.42 per share.
For the full year, analysts predict revenues of $ 508.78 million, while looking forward to income of $ 1.94 per share.
Previous Quarter Performance
FB Financial Corporation revealed income for the second quarter of $ 0.74 per share, from the revenue of $ 137.46 million. The quarterly earnings improved 5.71 percent while revenues improved 56.49 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.48 per share from $ 100.07 million in revenue. The bottom line results beat street analysts by $ 0.26 or 54.17 percent, at the same time, top line results outshined analysts by $ 37.39 million or 37.36 percent.
Stock Performance
On Friday, shares of FB Financial Corporation has traded high as $ 31.01 and has cracked $ 29.79 on the downward trend, reaching $ 30.50 with volume of 133.90 thousand shares.
According to the previous trading day, closing price of $ 30.50, representing a 110.57 % increase from the 52 week low of $ 14.38 and a 24.92 % decrease over the 52 week high of $ 40.33.
The company has a market capital of $ 1.42 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.09 per share on August 5, 2020. The dividend were payable on September 2, 2020 to holders of record as of the close of business on August 19, 2020 and ex-dividend date on August 18, 2020.
FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services businesses, professionals, and individuals. The company operates in two segments, Banking and Mortgage. It provides demand, negotiable order of withdrawal, money market, certificates of deposit, and municipal and savings accounts, as well as time deposits.
