FBK (FB Financial Corporation) Stock Financials & Earnings | Market Cap Arena

FBK (FB Financial Corporation) Stock Financials & Earnings | Market Cap Arena

FBKFB Financial Corporation

Mkt Cap$3B

Financial Services·Banks - Regional·🇺🇸 United States·NYSE

Revenue (TTM)$878M

Net Income (TTM)$123M

EPS (TTM)$2.40

Free Cash Flow (TTM)$190M

Gross Margin58.9%

Op. Margin15.8%

Net Margin14.0%

FCF Margin21.6%

P/S Ratio (TTM)3.2x

P/E Ratio (TTM)22.6x

YoY Rev Growth+14.6%

Employees—

Earnings Reports

Next: Q1 2026 · Apr 13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$183M	$127M	$46M
Q2 23	$194M	$126M	$45M
Q3 23	$182M	$106M	$23M
Q4 23	$190M	$116M	$36M
Q1 24	$184M	$106M	$34M
Q2 24	$203M	$126M	$51M
Q3 24	$169M	$88M	$11M
Q4 24	$211M	$125M	$50M
Q1 25	$203M	$128M	$49M
Q2 25	$148M	$72M	-$10M
Q3 25	$264M	$139M	$30M
Q4 25	$264M	$177M	$70M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	4.3x	22.1x
Q2 23	4.0x	19.6x
Q3 23	3.8x	21.5x
Q4 23	3.7x	23.1x
Q1 24	3.7x	24.8x
Q2 24	3.7x	23.8x
Q3 24	3.7x	25.8x
Q4 24	3.6x	23.9x
Q1 25	3.5x	21.8x
Q2 25	3.8x	30.7x
Q3 25	3.4x	26.8x
Q4 25	3.2x	22.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$98M	$89M
Q2 23	$8M	$5M
Q3 23	$30M	$26M
Q4 23	$74M	$71M
Q1 24	$36M	$35M
Q2 24	$31M	$28M
Q3 24	$48M	$47M
Q4 24	$24M	$23M
Q1 25	-$16M	-$18M
Q2 25	$72M	$68M
Q3 25	$48M	$46M
Q4 25	$101M	$94M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$9M
Q2 23	$3M
Q3 23	$4M
Q4 23	$4M
Q1 24	$2M
Q2 24	$2M
Q3 24	$1M
Q4 24	$2M
Q1 25	$2M
Q2 25	$3M
Q3 25	$2M
Q4 25	$7M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+33.9%	+48.7%
Q2 23	+35.3%	+26.8%
Q3 23	+20.4%	+44.0%
Q4 23	+15.2%	+32.0%
Q1 24	+0.4%	+9.2%
Q2 24	+4.7%	+2.2%
Q3 24	-7.0%	-0.7%
Q4 24	+10.7%	+4.0%
Q1 25	+10.5%	+3.1%
Q2 25	-27.3%	+3.4%
Q3 25	+55.8%	+48.3%
Q4 25	+25.4%	+21.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$2M	1.2%
Q2 23	$3M	1.7%
Q3 23	$3M	1.5%
Q4 23	$2M	1.1%
Q1 24	$3M	1.5%
Q2 24	$2M	1.0%
Q3 24	$2M	1.4%
Q4 24	$2M	1.1%
Q1 25	$5M	2.4%
Q2 25	$3M	2.0%
Q3 25	$4M	—
Q4 25	$11M	4.2%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$49M	$2M
Q2 23	$52M	$2M
Q3 23	$54M	$2M
Q4 23	$48M	$2M
Q1 24	$45M	$1M
Q2 24	$46M	$2M
Q3 24	$48M	$2M
Q4 24	$45M	$2M
Q1 25	$48M	$2M
Q2 25	$47M	$2M
Q3 25	$68M	$2M
Q4 25	$73M	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$1.3B	$1.5B	$2.7B
Q2 23	$1.1B	$1.4B	$2.5B
Q3 23	$718M	$1.3B	$2.1B
Q4 23	$728M	$978M	$1.7B
Q1 24	$770M	$1.5B	$2.2B
Q2 24	$709M	$1.5B	$2.2B
Q3 24	$854M	$1.6B	$2.4B
Q4 24	$917M	$827M	$1.7B
Q1 25	$685M	$703M	$1.4B
Q2 25	$814M	$547M	$1.4B
Q3 25	$1.3B	$1.4B	$2.7B
Q4 25	$1.2B	$1.5B	$2.6B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	47M	-0.6%
Q2 23	47M	+0.1%
Q3 23	47M	+0.1%
Q4 23	47M	+0.1%
Q1 24	47M	+0.2%
Q2 24	47M	-0.3%
Q3 24	47M	-0.1%
Q4 24	47M	+0.1%
Q1 25	47M	+0.3%
Q2 25	46M	-1.8%
Q3 25	54M	+16.8%
Q4 25	53M	-1.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	$8K	32K
FY 17	$10K	30K
FY 18	$282K	1K
FY 19	$304K	1K
FY 20	$333K	2K
FY 21	$313K	2K
FY 22	$339K	2K
FY 23	$471K	2K
FY 24	$515K	1K
FY 25	$551K	2K