FB Financial Corporation (FBK) Stock

FB Financial Corporation (FBK) is a Financials stock trading at $58.53 (as of 2026-08-20), with a market capitalization of $2.93B and a trailing P/E of 14.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

FB Financial Corporation is a bank holding company for FirstBank, providing commercial and consumer banking services. It operates through two segments—Banking and Mortgage—offering deposit and lending products, plus mortgage banking activities that support real estate and related loan types for businesses, professionals, and individuals.

Understand FB Financial Corporation: how it makes money

FB Financial Corporation is a bank holding company for FirstBank, providing commercial and consumer banking products (deposits and lending) and mortgage origination, and it makes money primarily through net interest income in its banking operations.

The profit engine highlighted by the provided operating metrics is net interest income, with the Banking segment showing the meaningful net interest income while the provided Mortgage segment contribution appears at 0.0 (in the supplied segment-contribution figures).

Business quality (Strong): Banking and mortgage are the official segments, but the provided segment metrics do not offer a clean, mutually exclusive revenue split across the two segments for this period.

Valuation: At 20× earnings, FBK trades 57% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Banking franchise supports core earnings via net interest income: The operating metric set centers on net interest income, with the Banking segment showing the majority of the tax-equivalent net interest income figures provided (for example, 0.10 USD_B for Tax-equivalent Net Interest Income (Banking Segment)).
  • Operational profitability is currently positive: The latest quarter shows an operating margin of 32.9% (2026-03-31).

Bear case

  • Mortgage contribution appears negligible in the provided segment contribution metrics: In the provided segment-contribution candidates, Mortgage segment contribution and mortgage pre-tax net contribution are shown as 0.0.
  • Net interest income is the key operating driver, so results may be sensitive to changes in the banking spread: Because the main operating KPIs provided are net interest income measures, variation in interest earned versus interest paid can move operating performance.
Valuation — source: SEC EDGAR (first-party)
Price$58.53
Market Cap$2.93B
P/E Ratio14.9
EV / EBITDA7.0
Price / Book1.51
Price / Sales3.16
FCF Yield6.8%
DCF Value (model)$34.50
DCF Upside vs Price-41.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$833.93M
Net Margin14.7%
Revenue Growth (YoY)26.0%
EPS Growth (YoY)1800.0%
FCF Growth (YoY)8.0%
Valuation vs Sector & Industry
Stock P/E14.9
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-1.7%
vs Industry15.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($317.94M)
Institutional Holders Tracked10
Congressional Trades (recent)3
Company
SectorFinancials
IndustryBanking
CEOChristopher T. Holmes
Employees1,490
CountryUS
IPO Date2016-09-16

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FBK earnings history · FBK institutional & insider holders · FBK KPIs & operating metrics · FBK financials · FBK investor presentations & press releases · FBK SEC filings · FBK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.