•
Dec 31, 2021

FB Financial Q4 2021 Earnings Report

Reported strong Q4 results with diluted EPS of $1.02, ROAA of 1.60%, and annualized Loan Growth (HFI) of 16.9%.

Key Takeaways

FB Financial Corporation reported a net income of $48.8 million, or $1.02 per diluted common share, for Q4 2021. The company's return on average assets was 1.60%, return on average common equity was 13.7%, and return on tangible common equity was 16.8%. Loan growth (HFI) was $310.0 million, or 16.9% annualized.

Net income was $48.8 million, or $1.02 per diluted common share.

Adjusted net income was $42.6 million, or $0.89 per diluted common share.

Return on average assets was 1.60% (1.40% adjusted).

Annualized loan growth (HFI) was 16.9%, or 17.2% excluding PPP loans.

Total Revenue
$134M
Previous year: $164M
-18.4%
EPS
$0.89
Previous year: $1.14
-21.9%
Net Interest Margin
3.19%
Previous year: 3.32%
-3.9%
Efficiency Ratio
63.6%
Previous year: 66.2%
-3.9%
Core Efficiency Ratio
67%
Previous year: 58.5%
+14.5%
Cash and Equivalents
$1.8B
Previous year: $1.32B
+36.4%
Free Cash Flow
$95M
Previous year: -$131M
-172.8%
Total Assets
$12.6B
Previous year: $11.2B
+12.4%

FB Financial

FB Financial