FBK Q1 2024 Earnings — FB Financial Corporation Revenue & Financial Results | Market Cap Arena

FBKFB Financial Corporation

$3B

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$184M+0.4% YoY

Gross Profit

$106M57.8% margin

Operating Income

$34M18.7% margin

Net Income

$28M15.2% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$35M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$12.5B

Total Liabilities

$11.1B

Stockholders' Equity

$1.5B

Cash & Equivalents

$770M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$183M	+0.4%
Gross Profit	$106M	$127M	-16.1%
Operating Income	$34M	$46M	-25.7%
Net Income	$28M	$36M	-23.2%

Revenue Segments

Mortgage Banking

$13M57%

Investment Advisory, Management and Administrative Service

$3M15%

Deposit Account

$3M14%

Debit Card

$3M13%