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Jun 30, 2024
FB Financial Q2 2024 Earnings Report
Reported a net income of $40.0 million, with diluted EPS of $0.85.
Key Takeaways
FB Financial Corporation reported a net income of $40.0 million, or $0.85 per diluted common share, for the second quarter of 2024. The company's net interest margin increased to 3.57%, and the adjusted pre-tax, pre-provision return on average assets improved to 1.70%.
Net income was $40.0 million, or $0.85 per diluted common share.
Adjusted net income was $39.4 million, or $0.84 per diluted common share.
Net interest margin increased to 3.57%.
Loans held for investment ended at $9.31 billion.
Revenue by Segment
Forward Guidance
The Company is positioned to continue creating shareholder value through improved results in key metrics, capital building, and reserve management.
Positive Outlook
- Improved results in key metrics including net income.
- Improved net interest margin.
- Improved return on assets.
- Built capital.
- Managed reserves.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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