FB Financial: Q2 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — FB Financial Corp. (FBK) on Monday reported second-quarter earnings of $40 million.

The bank, based in Nashville, Tennessee, said it had earnings of 85 cents per share. Earnings, adjusted for non-recurring gains, came to 84 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The bank holding company posted revenue of $203 million in the period. Its revenue net of interest expense was $128.2 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $123.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBK at https://www.zacks.com/ap/FBK

 

Trending Videos

Salem News Channel Today

Sponsored Links

Trending Videos

On Air & Up Next

  • InvestTalk with Justin Klein and Luke Guerrero
     
    InvestTalk™ serves as your go-to educational platform to delve into the   >>
     
  • Bloomberg Businessweek
    10:00AM - 11:00AM
     
    Get the latest news from the world of business and finance and the interesting   >>
     
  • The Heart of Innovation
    11:00AM - 12:00PM
     
    The Heart of Innovation is 60 minutes with life and limb saving potential. Emmy   >>
     
  • Business By The Bay
    12:00PM - 12:30PM
     
    San Francisco Bay Area has given the world some of the greatest business   >>
     
  • Money Pulse
    12:30PM - 1:00PM
     
    Host Dynasti Young and Craig Roberts talk to innovative startups and enduring businesses here in the Bay Area.
     

See the Full Program Guide