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Dec 31, 2024
FB Financial Q4 2024 Earnings Report
Reported net income of $37.9 million, or $0.81 per diluted common share and adjusted net income of $39.8 million, or $0.85 per diluted common share.
Key Takeaways
FB Financial Corporation reported a net income of $37.9 million, or $0.81 per diluted common share, for Q4 2024. The company experienced growth in both deposits and loans, leading to increased net interest income. The company's strong financial position and operating momentum position it well moving into 2025.
Net income for Q4 2024 was $37.9 million, or $0.81 per diluted common share, compared to $0.63 in Q4 2023.
Adjusted net income was $39.8 million, or $0.85 per diluted common share, compared to $0.77 in Q4 2023.
Loans held for investment increased to $9.60 billion, a 2.06% increase year-over-year.
Deposits increased to $11.21 billion, a 6.28% increase year-over-year.
Forward Guidance
The Company is optimistic about a strong economic environment in its markets in 2025 and expects to continue building the Company by adding and expanding on core banking relationships.
Positive Outlook
- The team finished 2024 with strong revenue growth.
- Expenses were well-managed.
- The company has a solid balance sheet.
- The company is well situated for opportunities or challenges.
- The company is optimistic about a strong economic environment in its markets in 2025.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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