
FB Financial (FBK) Stock Forecast & Price Target
FB Financial (FBK) Analyst Ratings
Bulls say
FB Financial Corp demonstrated robust performance with a 7.2% annualized growth in deposits during the second quarter, highlighted by noticeable increases in non-interest-bearing (NIB) and money market accounts. The company is expected to benefit from a strengthening net interest margin (NIM), which improved to 3.95% in the third quarter, influenced by the acquisition of SSBK and a favorable asset mix. Additionally, the integration of SSBK is projected to enhance earnings per share (EPS) accretion beyond 12%, reflecting the potential for continued balance sheet growth and operational efficiencies.
Bears say
FB Financial Corp is currently facing challenges that contribute to a negative outlook on its stock, particularly due to slowing earnings and pressure on net interest margin (NIM) headwinds amidst an uncertain interest rate environment. The company has deliberately allowed interest-bearing checking accounts to decline, which may hinder its ability to attract and retain low-cost deposits, risking further compression of NIM if short-term rates decrease while deposit costs remain sticky. Additionally, FB Financial's heavy reliance on the Tennessee economy, particularly in Nashville's real estate market, poses significant risks to growth rates and credit costs, especially in the event of a downturn.
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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