Hovde Group reiterated coverage of FB Financial with a rating of Outperform and set a new price target of $56.00 from $52.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $60.00 | Outperform → Market Perform | Hovde Group |
| 10/21/2024 | $52.50 → $56.00 | Outperform | Hovde Group |
| 7/17/2024 | $41.00 → $46.00 | Overweight → Neutral | Piper Sandler |
| 5/23/2024 | $39.00 → $45.00 | Equal-Weight → Overweight | Stephens |
| 4/16/2024 | $38.00 → $41.00 | Neutral → Overweight | Piper Sandler |
| 4/16/2024 | $40.00 → $40.50 | Market Perform → Outperform | Hovde Group |
| 1/17/2024 | $41.50 → $40.00 | Outperform → Market Perform | Hovde Group |
| 10/18/2023 | $35.50 | Market Perform → Outperform | Hovde Group |
SC 13G/A - FB Financial Corp (0001649749) (Subject)
SC 13G/A - FB Financial Corp (0001649749) (Subject)
SC 13G/A - FB Financial Corp (0001649749) (Subject)
Hovde Group downgraded FB Financial from Outperform to Market Perform and set a new price target of $60.00
Hovde Group reiterated coverage of FB Financial with a rating of Outperform and set a new price target of $56.00 from $52.50 previously
Piper Sandler downgraded FB Financial from Overweight to Neutral and set a new price target of $46.00 from $41.00 previously
4 - FB Financial Corp (0001649749) (Issuer)
4 - FB Financial Corp (0001649749) (Issuer)
4 - FB Financial Corp (0001649749) (Issuer)
FB Financial Corporation (NYSE:FBK) announced today that its board of directors declared a quarterly cash dividend of $0.17 per share. The dividend is payable on November 19, 2024, to shareholders of record as of November 5, 2024. Christopher T. Holmes, President and Chief Executive Officer, commented, "This quarter's dividend marks our 27th consecutive quarter of paying dividends and continues our tradition of delivering consistent value to our shareholders. Our ongoing commitment to financial stability and growth is reflected in our ability to maintain regular dividend payments. We are dedicated to creating sustainable value for our investors and are proud of our strong financial perform
Reports Q3 Diluted EPS of $0.22, Adjusted Diluted EPS* of $0.86 FB Financial Corporation (the "Company") (NYSE:FBK), parent company of FirstBank, reported net income of $10.2 million, or $0.22 per diluted common share, for the third quarter of 2024, compared to $0.85 in the previous quarter and $0.41 in the third quarter of last year. Adjusted net income* was $40.1 million, or $0.86 per diluted common share, compared to $0.84 in the previous quarter and $0.71 in the third quarter of last year. The Company ended the third quarter with loans held for investment ("HFI") of $9.48 billion compared to $9.31 billion at the end of the previous quarter, a 7.20% annualized increase, and $9.29 billi
FB Financial Corporation ("FB Financial" or "the Company") (NYSE:FBK) announced today that it will release its 2024 third quarter results of operations on Tuesday, October 15, 2024, before the open of market trading. The Company will host a conference call at 10:00 a.m. Central Time on the same day to discuss its third quarter results of operations. For investors or analysts who want to attend the call, the dial-in number is 877-883-0383, confirmation code 8581921. A telephonic replay will be available approximately two hours after the call through October 22, 2024, by dialing 877-344-7529 and entering confirmation code 5751189. A live online broadcast of FB Financial's conference call wil
8-K - FB Financial Corp (0001649749) (Filer)
10-Q - FB Financial Corp (0001649749) (Filer)
8-K - FB Financial Corp (0001649749) (Filer)
NASHVILLE, Tenn.--(BUSINESS WIRE)--Jim Ayers, who bought a tiny, rural West Tennessee bank in 1984 and turned it into an $11 billion regional powerhouse, announced today he was stepping down as Executive Chairman of the board of directors of FirstBank and its parent company FB Financial Corporation (NYSE: FBK) effective Jan. 1, 2021. Ayers, who owns 29 percent of the publicly traded bank, will retain a board seat and expects to continue working at the bank, focusing his time calling on customers. “Having just celebrated my 77th birthday, I thought this would be a good time to dial back some of my responsibilities to give me more time to spend with my family and on my hobbies,” A
FB Financial Corporation (NYSE:FBK) announced today that its board of directors declared a quarterly cash dividend of $0.17 per share. The dividend is payable on November 19, 2024, to shareholders of record as of November 5, 2024. Christopher T. Holmes, President and Chief Executive Officer, commented, "This quarter's dividend marks our 27th consecutive quarter of paying dividends and continues our tradition of delivering consistent value to our shareholders. Our ongoing commitment to financial stability and growth is reflected in our ability to maintain regular dividend payments. We are dedicated to creating sustainable value for our investors and are proud of our strong financial perform
Reports Q3 Diluted EPS of $0.22, Adjusted Diluted EPS* of $0.86 FB Financial Corporation (the "Company") (NYSE:FBK), parent company of FirstBank, reported net income of $10.2 million, or $0.22 per diluted common share, for the third quarter of 2024, compared to $0.85 in the previous quarter and $0.41 in the third quarter of last year. Adjusted net income* was $40.1 million, or $0.86 per diluted common share, compared to $0.84 in the previous quarter and $0.71 in the third quarter of last year. The Company ended the third quarter with loans held for investment ("HFI") of $9.48 billion compared to $9.31 billion at the end of the previous quarter, a 7.20% annualized increase, and $9.29 billi
FB Financial Corporation ("FB Financial" or "the Company") (NYSE:FBK) announced today that it will release its 2024 third quarter results of operations on Tuesday, October 15, 2024, before the open of market trading. The Company will host a conference call at 10:00 a.m. Central Time on the same day to discuss its third quarter results of operations. For investors or analysts who want to attend the call, the dial-in number is 877-883-0383, confirmation code 8581921. A telephonic replay will be available approximately two hours after the call through October 22, 2024, by dialing 877-344-7529 and entering confirmation code 5751189. A live online broadcast of FB Financial's conference call wil
Keefe, Bruyette & Woods analyst Catherine Mealor maintains FB Financial (NYSE:FBK) with a Market Perform and raises the price target from $40 to $45.
Piper Sandler analyst Stephen Scouten downgrades FB Financial (NYSE:FBK) from Overweight to Neutral and raises the price target from $41 to $46.
U.S. regional banks are experiencing sessions of significant gains, as growing expectations for interest rate cuts fueled an investor rotation from large-cap to small-cap stocks. The SPDR S&P Regional Banking ETF (NYSE:KRE) — a widely followed gauge for the industry — rallied as much as 4.5% on Tuesday, marking the strongest session since December 2023. Notably, the recent five-day rally of nearly 15% was the strongest for regional banks since November 2020. With Tuesday’s move, regional banks have effectively recouped all losses suffered after March 9, 2023, characterized by the failure of Silicon Valley Bank and Signature Bank. “Lending conditions for commercial and industrial
4 - FB Financial Corp (0001649749) (Issuer)
4 - FB Financial Corp (0001649749) (Issuer)
4 - FB Financial Corp (0001649749) (Issuer)