FBK Q1 2023 Earnings — FB Financial Corporation Revenue & Financial Results | Market Cap Arena

FBKFB Financial Corporation

$3B

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$183M+33.9% YoY

Gross Profit

$127M69.2% margin

Operating Income

$46M25.2% margin

Net Income

$36M19.9% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

$98M

Free Cash Flow

$89M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$13.1B

Total Liabilities

$11.7B

Stockholders' Equity

$1.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$183M	$137M	+33.9%
Gross Profit	$127M	$134M	-5.5%
Operating Income	$46M	$45M	+3.4%
Net Income	$36M	$35M	+3.2%

Revenue Segments

Mortgage Banking

$12M61%

Deposit Account

$3M15%

Debit Card

$2M12%

Investment Advisory, Management and Administrative Service

$2M12%