FBK Q2 2023 Earnings — FB Financial Corporation Revenue & Financial Results | Market Cap Arena

FBKFB Financial Corporation

$3B

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$194M+35.3% YoY

Gross Profit

$126M65.2% margin

Operating Income

$45M23.3% margin

Net Income

$35M18.2% margin

EPS (Diluted)

$0.75

QoQ Revenue Growth

+6.1%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$5M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$12.9B

Total Liabilities

$11.5B

Stockholders' Equity

$1.4B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$194M	$143M	+35.3%
Gross Profit	$126M	$123M	+2.7%
Operating Income	$45M	$26M	+73.2%
Net Income	$35M	$19M	+82.5%

Revenue Segments

Mortgage Banking

$12M59%

Deposit Account

$3M15%

Investment Advisory, Management and Administrative Service

$3M13%

Debit Card

$3M13%