FB Financial Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), FB Financial Corp reported net income of $122.6M (+5.7% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest and fees on loans | $731.9M | $626.4M | $599.2M | $436.4M |
| Taxable | $57.9M | $50.1M | $27.3M | $25.5M |
| Tax-exempt | $4.2M | $4.7M | $7.2M | $7.3M |
| Other | $39.9M | $44.3M | $44.8M | $12.3M |
| Total interest income | $833.9M | $725.5M | $678.4M | $481.4M |
| Deposits | $309.2M | $296.3M | $258.8M | $56.6M |
| Borrowings | $8.6M | $12.7M | $12.4M | $12.5M |
| Total interest expense | $317.8M | $309.0M | $271.2M | $69.2M |
| Net interest income | $516.1M | $416.5M | $407.2M | $412.2M |
| Provision for credit losses on loans HFI | $33.2M | $14.7M | $16.7M | $10.4M |
| Provision for (reversal of) credit losses on unfunded commitments | $10.1M | ($2.7M) | ($14.2M) | $8.6M |
| Net interest income after provision for credit losses | $472.8M | $404.5M | $404.7M | $393.3M |
| Mortgage banking income, investment services and trust income, service charges on deposit accounts, ATM and interchange fees | $96.0M | $85.5M | $78.4M | $110.1M |
| Loss from investment securities, net | ($60.5M) | ($56.4M) | ($14.0M) | ($376.0K) |
| Loss on sales or write-downs of premises and equipment, other real estate owned and other assets, net | ($1.2M) | ($2.2M) | ($27.0K) | ($114.0K) |
| Other income | $9.6M | $12.1M | $6.1M | $5.2M |
| Total noninterest income | $43.9M | $39.1M | $70.5M | $114.7M |
| Salaries, commissions and employee benefits | $217.7M | $183.8M | $203.4M | $211.5M |
| Occupancy and equipment expense | $28.1M | $26.3M | $28.1M | $23.6M |
| Merger and integration costs | $23.8M | — | — | $0 |
| Data processing | $9.7M | $9.6M | $9.2M | $9.3M |
| Advertising | $9.6M | $7.0M | $8.3M | $11.2M |
| Legal and professional fees | $8.1M | $7.7M | $8.9M | $15.0M |
| Amortization of core deposit and other intangibles | $5.3M | $2.9M | $3.7M | $4.6M |
| Other expense | $75.8M | $59.6M | $63.3M | $60.7M |
| Total noninterest expense | $378.2M | $296.9M | $324.9M | $348.3M |
| Income before income taxes | $138.5M | $146.7M | $150.3M | $159.6M |
| Income tax expense | $15.9M | $30.6M | $30.1M | $35.0M |
| Net income applicable to FB Financial Corporation and noncontrolling interest | $122.6M | $116.1M | $120.2M | $124.6M |
| Net income applicable to noncontrolling interest | $16.0K | $16.0K | $16.0K | $16.0K |
| Net income applicable to FB Financial Corporation | $122.6M | $116.0M | $120.2M | $124.6M |
| Basic (in dollars per share) | $2.47 | $2.48 | $2.57 | $2.64 |
| Diluted (in dollars per share) | $2.45 | $2.48 | $2.57 | $2.64 |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Interest and fees on loans | $206.4M | $201.3M | $209.3M | $159.7M |
| Taxable | $13.8M | $13.6M | $14.4M | $14.7M |
| Tax-exempt | $1.1M | $1.1M | $1.1M | $1.0M |
| Other | $8.1M | $9.5M | $12.1M | $6.7M |
| Total interest income | $229.4M | $225.3M | $236.9M | $182.1M |
| Deposits | $78.8M | $77.9M | $86.6M | $68.6M |
| Borrowings | $1.7M | $1.5M | $3.1M | $2.1M |
| Total interest expense | $80.5M | $79.4M | $89.7M | $70.7M |
| Net interest income | $149.0M | $146.0M | $147.2M | $111.4M |
| Provision for (reversal of) credit losses on loans HFI | $9.7M | $3.8M | $30.0M | ($1.1M) |
| Provision for (reversal of) credit losses on unfunded commitments | $461.0K | — | $4.5M | $6.4M |
| Net interest income after provision for credit losses | $138.9M | $142.9M | $112.8M | $106.1M |
| Mortgage banking income, service charges on deposit accounts, investment services and trust income, ATM and interchange fees | $23.4M | $24.0M | $25.1M | $23.2M |
| (Loss) gain from investment securities, net | $0 | $1.0K | $12.0K | ($60.5M) |
| (Loss) gain on sales or write-downs of premises and equipment, other real estate owned and other assets, net | ($377.0K) | ($320.0K) | ($646.0K) | $236.0K |
| Other income | $2.7M | $2.7M | $2.1M | $2.5M |
| Total noninterest income (loss) | $25.8M | $26.4M | $26.6M | ($34.6M) |
| Salaries, commissions and employee benefits | $53.3M | $57.3M | $59.2M | $46.6M |
| Occupancy and equipment expense | $7.6M | $7.5M | $7.5M | $6.7M |
| Advertising | $2.6M | $2.1M | $2.5M | $2.2M |
| Data processing | $2.4M | $2.5M | $2.5M | $2.2M |
| Legal and professional fees | $1.9M | $2.0M | $1.2M | $2.4M |
| Amortization of core deposit and other intangibles | $1.8M | $1.9M | $2.1M | $631.0K |
| Merger and integration costs | $0 | $1.4M | $16.1M | $2.7M |
| Other expense | $21.9M | $20.4M | $18.8M | $17.8M |
| Total noninterest expense | $91.5M | $95.2M | $109.9M | $81.3M |
| Income (loss) before income taxes | $73.2M | $74.2M | $29.6M | ($9.7M) |
| Income tax expense (benefit) | $14.5M | $16.6M | $6.2M | ($12.7M) |
| Net income applicable to FB Financial Corporation and noncontrolling interest | $58.7M | $57.5M | $23.4M | $2.9M |
| Net income applicable to noncontrolling interest | $8.0K | $0 | $0 | $8.0K |
| Net income applicable to FB Financial Corporation | $58.6M | $57.5M | $23.4M | $2.9M |
| Basic (in dollars per share) | $1.14 | $1.11 | $0.44 | $0.06 |
| Diluted (in dollars per share) | $1.13 | $1.10 | $0.43 | $0.06 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $196.2M | $120.2M | $146.5M | $259.9M |
| Federal funds sold and reverse repurchase agreements | $213.4M | $125.8M | $83.3M | $210.5M |
| Interest-bearing deposits in financial institutions | $746.3M | $796.5M | $581.1M | $556.6M |
| Cash and cash equivalents | $1.2B | $1.0B | $810.9M | $1.0B |
| Available-for-sale debt securities, at fair value | $1.5B | $1.5B | $1.5B | $1.5B |
| Equity securities, at fair value | $155.0K | — | $0 | $3.0M |
| Restricted equity securities, at cost | $79.0M | — | — | — |
| Loans held for sale (includes $172,974 and $95,403 at fair value, respectively) | $201.1M | $126.8M | $67.8M | $139.5M |
| Loans held for investment | $12.4B | $9.6B | $9.4B | $9.3B |
| Less: allowance for credit losses on loans HFI | $186.0M | $151.9M | $150.3M | $134.2M |
| Net loans held for investment | $12.2B | $9.5B | $9.3B | $9.2B |
| Premises and equipment, net | $182.4M | $148.9M | $155.7M | $146.3M |
| Operating lease right-of-use assets | $49.2M | $48.0M | $54.3M | $60.0M |
| Interest receivable | $58.6M | $49.6M | $52.7M | $45.7M |
| Mortgage servicing rights, at fair value | $148.8M | $162.0M | $164.2M | $168.4M |
| Bank-owned life insurance | $111.9M | $72.5M | $76.1M | $75.3M |
| Other real estate owned, net | $6.0M | $4.4M | $3.2M | $5.8M |
| Goodwill | $350.4M | $242.6M | $242.6M | $242.6M |
| Core deposit and other intangibles, net | $31.3M | $5.8M | $8.7M | $12.4M |
| Other assets | $268.4M | $233.3M | $203.4M | $228.0M |
| Total assets | $16.3B | $13.2B | $12.6B | $12.8B |
| Noninterest-bearing | $2.6B | $2.1B | $2.2B | $2.7B |
| Interest-bearing checking | $2.7B | $2.9B | $2.5B | $3.1B |
| Money market and savings | $6.0B | $4.3B | $4.2B | $3.7B |
| Customer time deposits | $2.0B | $1.4B | $1.5B | $1.4B |
| Brokered and internet time deposits | $625.6M | $469.1M | $150.8M | $1.8M |
| Total deposits | $13.9B | $11.2B | $10.5B | $10.9B |
| Borrowings | $212.8M | $176.8M | $391.0M | $415.7M |
| Operating lease liabilities | $60.6M | $60.0M | $67.6M | $69.8M |
| Accrued expenses and other liabilities | $168.8M | $142.6M | $142.6M | $181.0M |
| Total liabilities | $14.4B | $11.6B | $11.1B | $11.5B |
| Common stock, $1 par value per share; 75,000,000 shares authorized; 51,752,401 and 46,663,120 shares issued and outstanding, respectively | $51752000.00 | $46663000.00 | $46849000.00 | $46738000.00 |
| Additional paid-in capital | $1.1B | $860.3M | $864.3M | $861.6M |
| Retained earnings | $846.6M | $762.3M | $678.4M | $586.5M |
| Accumulated other comprehensive loss, net | ($32.6M) | ($101.7M) | ($134.7M) | ($169.4M) |
| Total FB Financial Corporation common shareholders’ equity | $1.9B | $1.6B | $1.5B | $1.3B |
| Noncontrolling interest | $93.0K | $93.0K | $93.0K | $93.0K |
| Total equity | $1.9B | $1.6B | $1.5B | $1.3B |
| Total liabilities and shareholders’ equity | $16.3B | $13.2B | $12.6B | $12.8B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks | $147.0M | $159.9M | $154.3M | $143.3M |
| Federal funds sold and reverse repurchase agreements | $228.9M | $199.0M | $283.5M | $352.1M |
| Interest-bearing deposits in financial institutions | $736.5M | $798.9M | $842.3M | $670.3M |
| Cash and cash equivalents | $1.1B | $1.2B | $1.3B | $1.2B |
| Available-for-sale debt securities, at fair value | $1.5B | $1.5B | $1.4B | $1.3B |
| Equity securities, at fair value | $6.0M | $0 | $1.4M | — |
| Restricted equity securities, at cost | $87.6M | $79.5M | $36.2M | — |
| Loans held for sale (includes $165,511 and $172,974 at fair value, respectively) | $198.1M | $231.4M | $167.4M | $144.2M |
| Loans held for investment | $12.9B | $12.5B | $12.3B | $9.9B |
| Less: allowance for credit losses on loans HFI | $194.0M | $186.3M | $185.0M | $148.9M |
| Net loans held for investment | $12.7B | $12.3B | $12.1B | $9.7B |
| Premises and equipment, net | $180.1M | $181.3M | $183.6M | $147.2M |
| Operating lease right-of-use assets | $47.5M | $48.2M | $51.0M | $47.8M |
| Interest receivable | $58.8M | $59.8M | $60.8M | $50.4M |
| Mortgage servicing rights, at fair value | $145.4M | $147.3M | $149.8M | $153.5M |
| Bank-owned life insurance | $111.2M | $110.5M | $113.4M | $72.7M |
| Other real estate owned, net | $5.5M | $6.4M | $4.5M | $3.0M |
| Goodwill | $350.4M | $350.4M | $350.4M | $242.6M |
| Core deposit and other intangibles, net | $27.6M | $29.4M | $33.2M | $4.5M |
| Other assets | $273.0M | $250.4M | $265.1M | $226.2M |
| Total assets | $16.8B | $16.5B | $16.2B | $13.4B |
| Noninterest-bearing | $2.8B | $2.7B | $2.7B | $2.2B |
| Interest-bearing checking | $2.5B | $2.6B | $2.5B | $2.3B |
| Money market and savings | $5.8B | $5.9B | $6.0B | $4.6B |
| Customer time deposits | $2.6B | $2.3B | $2.2B | $1.7B |
| Brokered and internet time deposits | $685.9M | $574.2M | $488.8M | $518.7M |
| Total deposits | $14.3B | $14.1B | $13.8B | $11.4B |
| Borrowings | $314.5M | $213.2M | $213.6M | $164.5M |
| Operating lease liabilities | $57.9M | $59.1M | $62.7M | $59.3M |
| Accrued expenses and other liabilities | $139.9M | $145.3M | $169.1M | $115.8M |
| Total liabilities | $14.9B | $14.5B | $14.3B | $11.7B |
| Common stock, $1 par value per share; 75,000,000 shares authorized; 49,976,755 and 51,752,401 shares issued and outstanding, respectively | $49977000.00 | $51418000.00 | $53457000.00 | $45808000.00 |
| Additional paid-in capital | $981.2M | $1.1B | $1.2B | $822.5M |
| Retained earnings | $940.8M | $893.1M | $799.9M | $786.8M |
| Accumulated other comprehensive loss, net | ($35.5M) | ($35.3M) | ($38.5M) | ($44.0M) |
| Total FB Financial Corporation common shareholders’ equity | $1.9B | $2.0B | $2.0B | $1.6B |
| Noncontrolling interest | $93.0K | $93.0K | $93.0K | $93.0K |
| Total equity | $1.9B | $2.0B | $2.0B | $1.6B |
| Total liabilities and shareholders’ equity | $16.8B | $16.5B | $16.2B | $13.4B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income attributable to FB Financial Corporation and noncontrolling interest | $122.6M | $116.1M | $120.2M | $124.6M |
| Depreciation and amortization of fixed assets and software | $12.1M | $12.0M | $11.2M | $8.0M |
| Amortization of core deposit and other intangibles | $5.3M | $2.9M | $3.7M | $4.6M |
| Amortization of subordinated debt issuance costs and fair value premium, net | $888.0K | $386.0K | $387.0K | — |
| Capitalization of mortgage servicing rights | ($3.8M) | ($5.0M) | ($7.2M) | ($20.8M) |
| Net change in fair value of mortgage servicing rights | $17.0M | $7.2M | $11.3M | ($32.0M) |
| Stock-based compensation expense | $17.3M | $9.5M | $10.4M | $9.9M |
| Provision for credit losses on loans HFI | $33.2M | $14.7M | $16.7M | $10.4M |
| Provision for (reversal of) credit losses on unfunded commitments | $10.1M | ($2.7M) | ($14.2M) | $8.6M |
| Provision for (reversal of) mortgage loan repurchases | $186.0K | $235.0K | — | — |
| Accretion of discounts and premiums on acquired loans, net | ($13.4M) | ($657.0K) | ($694.0K) | $1.0M |
| (Accretion) amortization of premiums and discounts on securities, net | ($3.1M) | $2.2M | $6.1M | $6.6M |
| Loss from investment securities, net | $60.5M | $56.4M | $14.0M | $376.0K |
| Originations of loans held for sale | ($1.4B) | ($1.2B) | ($1.2B) | ($2.4B) |
| Proceeds from sale of loans held for sale | $1.3B | $1.2B | $1.3B | $3.1B |
| Gain on sale and change in fair value of loans held for sale | ($38.7M) | ($33.7M) | ($28.5M) | ($47.8M) |
| Net loss on write-downs of premises and equipment, other real estate owned and other assets | $1.2M | $2.2M | $27.0K | $114.0K |
| Reversal of deferred income taxes | ($4.9M) | ($1.8M) | ($1.4M) | $12.6M |
| Equity method investment loss | $2.4M | — | — | — |
| Earnings on bank-owned life insurance | ($3.4M) | ($3.8M) | ($1.9M) | ($1.5M) |
| Operating lease assets and liabilities, net | ($754.0K) | ($1.3M) | $3.6M | $5.0M |
| Other assets and interest receivable | ($12.5M) | ($27.7M) | $6.6M | ($17.2M) |
| Accrued expenses and other liabilities | ($2.4M) | $7.5M | ($15.8M) | $56.2M |
| Net cash provided by operating activities | $155.9M | $138.8M | $211.1M | $789.3M |
| Sales | $266.9M | $526.4M | $100.5M | $1.2M |
| Maturities, prepayments and calls | $301.0M | $299.8M | $128.2M | $204.7M |
| Purchases | ($421.5M) | ($905.4M) | ($202.1M) | ($242.9M) |
| Proceeds from sales of equity securities | $2.6M | $0 | $3.1M | — |
| Net change in loans | ($515.0M) | ($211.9M) | ($97.3M) | ($1.7B) |
| Net redemptions of FHLB stock | $2.4M | $1.4M | $32.4M | $0 |
| Purchases of Federal Reserve stock | ($45.2M) | — | — | — |
| Purchases of premises and equipment | ($8.8M) | ($6.5M) | ($20.2M) | ($10.6M) |
| Proceeds from the sale of premises and equipment | $1.9M | $1.0M | $123.0K | $875.0K |
| Proceeds from the sale of other real estate owned | $6.4M | $2.3M | $6.1M | $5.0M |
| Purchase of equity method securities | $0 | ($10.0M) | — | — |
| Proceeds from the sale of other assets | $2.6M | $1.5M | $1.7M | — |
| Proceeds from bank-owned life insurance | $4.1M | $7.4M | $236.0K | $0 |
| Net cash acquired in business combinations | $370.1M | — | — | $0 |
| Net cash used in investing activities | ($32.5M) | ($294.0M) | ($55.2M) | ($1.7B) |
| Net increase (decrease) in deposits | $231.0M | $657.6M | ($312.9M) | ($262.1M) |
| Net increase (decrease) in securities sold under agreements to repurchase and federal funds purchased | $86.4M | ($95.3M) | $21.8M | $46.2M |
| Bank Term Funding Program (repayments) advances | $0 | ($130.0M) | — | — |
| Net decrease in short-term FHLB advances | $0 | $0 | ($45.0M) | — |
| Redemptions on subordinated debt | ($130.9M) | — | $0 | $0 |
| Stock-based compensation withholding payments | ($3.2M) | ($1.8M) | ($3.4M) | ($2.8M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income attributable to FB Financial Corporation and noncontrolling interest | $116.2M | $57.5M | $65.7M | $42.3M |
| Depreciation and amortization of fixed assets and software | $6.2M | $3.1M | $8.8M | $5.6M |
| Amortization of core deposit and other intangibles | $3.7M | $1.9M | $3.4M | $1.3M |
| Amortization of subordinated debt issuance costs and fair value premium, net | $658.0K | $327.0K | $556.0K | $194.0K |
| Capitalization of mortgage servicing rights | ($2.6M) | ($1.3M) | ($2.5M) | ($1.6M) |
| Net change in fair value of mortgage servicing rights | $6.0M | $2.7M | $14.7M | $10.2M |
| Stock-based compensation expense | $6.6M | $5.4M | $11.6M | $7.8M |
| Provision for credit losses on loans HFI | $13.5M | $3.8M | $30.8M | $804.0K |
| (Reversal of) provision for credit losses on unfunded commitments | ($337.0K) | ($798.0K) | — | — |
| Provision for mortgage loan repurchases | $221.0K | $276.0K | $233.0K | $95.0K |
| (Accretion) amortization of discounts and premiums on acquired loans, net | ($11.3M) | ($6.3M) | ($7.0M) | $60.0K |
| Accretion of premiums and discounts on securities, net | ($1.7M) | ($888.0K) | ($2.2M) | ($1.2M) |
| (Gain) loss from investment securities, net | ($1.0K) | ($1.0K) | $60.5M | $60.5M |
| Originations of loans held for sale | ($672.3M) | ($325.4M) | ($1.0B) | ($642.5M) |
| Proceeds from sale of loans held for sale | $694.6M | $307.3M | $989.8M | $632.6M |
| Gain on sale and change in fair value of loans held for sale | ($17.9M) | ($9.5M) | ($28.8M) | ($18.7M) |
| Net loss on write-downs of premises and equipment, other real estate owned and other assets | $697.0K | $320.0K | $1.0M | $389.0K |
| Provision for deferred income taxes | $2.3M | $7.1M | ($4.9M) | $1.3M |
| Equity method investment loss | $1.1M | $623.0K | $1.7M | $1.2M |
| Earnings on bank-owned life insurance | ($2.2M) | ($1.5M) | ($1.6M) | ($872.0K) |
| Operating lease assets and liabilities, net | ($902.0K) | ($424.0K) | ($432.0K) | ($536.0K) |
| Other assets and interest receivable | ($7.5M) | $9.2M | ($8.6M) | ($16.6M) |
| Accrued expenses and other liabilities | ($28.4M) | ($22.6M) | ($28.2M) | ($33.8M) |
| Net cash provided by operating activities | $106.5M | $31.0M | $103.0M | $55.3M |
| Sales | $0 | — | $266.9M | $266.5M |
| Maturities, prepayments and calls | $132.8M | $60.1M | $217.9M | $134.7M |
| Purchases | ($196.5M) | ($101.8M) | ($289.6M) | ($181.8M) |
| Purchases of equity securities | ($6.0M) | — | — | — |
| Proceeds from sales of equity securities | $156.0K | $156.0K | $1.3M | — |
| Net change in loans | ($478.9M) | ($117.6M) | ($432.5M) | ($279.7M) |
| Net purchases of FHLB stock | ($8.3M) | ($251.0K) | ($6.0K) | ($877.0K) |
| Purchases of Federal Reserve stock | ($275.0K) | ($161.0K) | — | — |
| Purchases of premises and equipment | ($3.4M) | ($1.7M) | ($7.2M) | ($5.1M) |
| Proceeds from the sale of premises and equipment | $0 | $0 | $1.9M | $1.9M |
| Proceeds from the sale of other real estate owned | $4.1M | $871.0K | $5.1M | $4.4M |
| Proceeds from the sale of other assets | $1.2M | $430.0K | $841.0K | $665.0K |
| Proceeds from bank-owned life insurance | $2.8M | $2.8M | $690.0K | $690.0K |
| Net cash used in investing activities | ($552.2M) | ($157.1M) | $135.4M | ($58.8M) |
| Net increase in deposits | $437.2M | $166.9M | $134.0M | $193.0M |
| Net decrease in securities sold under agreements to repurchase and federal funds purchased | ($28.3M) | ($4.4M) | $94.0M | ($2.1M) |
| Net increase in short-term FHLB advances | $125.0M | — | — | — |
| Stock-based compensation withholding payments | ($4.0M) | ($2.1M) | ($2.8M) | ($2.7M) |
| Net proceeds from sale of common stock under employee stock purchase program | $509.0K | $509.0K | $897.0K | $424.0K |
| Repurchase of common stock | ($106.0M) | ($21.8M) | ($68.0M) | ($44.1M) |
| Dividends paid on common stock | ($21.7M) | ($10.9M) | ($27.7M) | ($17.6M) |
FB Financial Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.