FB Financial Corp (FBK) stock analysis

P/E below its 5-year median

FB Financial's P/E of 12.2 is below its own 5-year median of 14.7.

P/E above the industry

FB Financial's P/E of 12.2 is above the Commercial Banks median of 12.1.

P/S above the industry

FB Financial's price-to-sales of 3.92 is above the Commercial Banks median of 3.60.

P/B above the industry

FB Financial's price-to-book of 1.42 is above the Commercial Banks median of 1.29.

Trading below fair value

The share price of $54.90 is below our fair value estimate of $56.01.

Margin of safety under 20%

The price is 2.0% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 2.1% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -2.5% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 125% over the last twelve months, against a 5-year average of 14.0% a year.

Growing faster than the industry

Revenue grew 36.8% over the last twelve months; the Commercial Banks median is 11.3%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

Banks and insurers do not report gross profit.

Return on equity under 15%

Return on equity was 11.9% over the last twelve months and averaged 9.3% over five years; we look for 15% on both.

Return on assets over 1%

Return on assets was 1.4%; for a bank or insurer, 1% or more is considered good.

Return on equity above the industry

FB Financial's return on equity of 11.9% is above the Commercial Banks median of 11.5%.

Earnings grew over 5 years

Net income grew 14.0% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 33.3% over the last twelve months, against a 5-year average of 25.8%.

Net margin above the industry

FB Financial's net margin of 33.3% is above the Commercial Banks median of 30.3%.

Well capitalized

Equity is 11.3% of total assets; 8% or more is a comfortable cushion.

Loans funded by deposits

Loans equal 88.5% of deposits, so lending is funded by customer deposits.

Adequate loan-loss reserve

The allowance for credit losses is 1.5% of loans; we look for at least 1%.

Efficient operations

Non-interest expense takes 55.7% of revenue; under 60% is efficient for a bank.

Deposits growing

Deposits grew 6.2% over the past year.

Borrowings

Needs debt and equity figures.

Pays a dividend

FB Financial paid dividends worth 1.1% of the share price over the last twelve months.

Yield below Treasuries

The 1.1% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; FB Financial yields 1.1%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

Covered by earnings

Dividends take 18.1% of net income.

Covered by free cash flow

Dividends take 24.5% of free cash flow.