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Asset logo for symbol FBK
FB Financial
FBK63
$45.40arrow_drop_up0.24%$0.11
Asset logo for symbol FBK
FBK63

$45.40

arrow_drop_up0.24%

Income Statement (FBK)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
EBIT-$4.41M-$1.68M$23.15M$113.77M$101.89M
EBITDA-$789.00K-$848.00K$24.03M$114.71M$102.88M
gross Profit$184.09M$191.57M$108.96M$125.35M$127.20M
NET Income$27.95M$29.36M$19.17M$35.29M$36.38M
total Revenue$183.82M$191.57M$108.96M$125.35M$127.20M

Balance Sheet (FBK)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
cash Equivalents-----
net Debt-$344.56M-$269.00M-$424.20M-$654.35M-$876.48M
stockholders Equity$1.47B$1.45B$1.37B$1.38B$1.36B
total Assets$12.54B$12.60B$12.48B$12.88B$13.10B
total Debt$425.38M$458.60M$294.23M$457.65M$379.47M
total Liabilities$11.06B$11.14B$294.23M$457.65M$11.73B

Cash Flow (FBK)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
financing Cash Flow-$86.61M$63.77M-$408.79M-$239.75M$212.80M
free Cash Flow$41.45M$70.69M$26.10M$5.10M$88.93M
investing Cash Flow--$120.30M$71.92M-$18.28M
operating Cash Flow$43.07M$74.36M$30.09M$8.23M$98.38M

FB Financial (FBK) Financials

FB Financial Corp (FBK) is a financial holding company that operates through its subsidiary, FirstBank. As of the latest financial statement, FB Financial Corp reported total revenue of $416.2 million, reflecting a substantial increase compared to the previous year's revenue of $337.4 million. This growth can be attributed to the company's robust business model and strategic initiatives implemented throughout the year. The gross profit for FB Financial Corp stood at $345.6 million, indicating a healthy margin of profitability. The company's net income from stockholders was reported at $92.3 million, highlighting the efficient management of resources and profitability.

On the balance sheet front, FB Financial Corp displayed a strong financial position. The company reported total assets of $8.46 billion, representing a significant increase from the previous year's assets of $7.21 billion. This growth can be attributed to the successful execution of the company's expansion plans and business strategy. Furthermore, FB Financial Corp's total liabilities stood at $7.68 billion, indicating a manageable debt burden. The stockholders' equity was reported at $787.5 million, underscoring the company's ability to generate value for its shareholders.

Moving on to the cash flow statement, FB Financial Corp showcased a solid cash flow position. The operating cash flow for the company was reported at $142.8 million, highlighting its ability to generate cash from its core business operations. The investing cash flow stood at $94.3 million, indicating strategic investments made by the company to drive future growth. Additionally, the financing cash flow was reported at $195.9 million, reflecting the company's efforts to optimize its capital structure and fund its various activities. The free cash flow for FB Financial Corp was reported at $48.5 million, reflecting the company's ability to generate cash after accounting for necessary capital expenditures.

In conclusion, FB Financial Corp's financials demonstrate a strong financial position and consistent profitability. The company's focus on strategic initiatives, efficient management of resources, and successful execution of expansion plans have contributed to its impressive financial performance. With robust total revenue, gross profit, and net income from stockholders, FB Financial Corp has established itself as a leading player in the financial industry.

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