
FB Financial (FBK) Stock Forecast & Price Target
FB Financial (FBK) Analyst Ratings
Bulls say
FB Financial Corp demonstrated a solid performance with a 7.2% annualized growth in deposits in the second quarter, driven by increases in non-interest-bearing (NIB) and money market accounts. Notable improvements in net interest income (NII) and a widening net interest margin (NIM), which rose to 3.95% compared to 3.68% in the previous quarter, highlight the company's enhanced profitability post-integration of SSBK. Additionally, strong share repurchase activity and the potential for stronger balance sheet growth due to the attraction of new talent and customers further solidify a positive financial outlook for the company.
Bears say
FB Financial Corp's stock faces downward pressure primarily due to a slowdown in earnings growth and challenges related to net interest margin (NIM) amidst an uncertain interest rate environment. Management's strategy to reduce high-cost, non-core interest-bearing checking accounts may be detrimental, particularly if short-term rates decrease, leading to sticky deposit costs that could further compress NIM. Additionally, there are significant risks tied to the Tennessee economy, particularly concerning real estate values in Nashville, which could negatively affect growth rates and credit costs, alongside a reliance on a concentrated ownership structure.
This aggregate rating is based on analysts' research of FB Financial and is not a guaranteed prediction by Public.com or investment advice.
FB Financial (FBK) Analyst Forecast & Price Prediction
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