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FB Financial Q3 Revenue Misses Estimates as Sales Hold Flat at $174.5 Million

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FBK$52.95 0.57%

FB Financial Corporation (FBK) reported revenue of $174.5 million for the third quarter of 2026, remaining flat year over year and falling short of Wall Street estimates of $180.8 million. Adjusted earnings per share reached $1.21, meeting consensus expectations. Net interest income grew 1.8% from a year earlier to $149.9 million, though it missed analyst projections of $153.5 million.

The revenue shortfall reflects pressure on the regional bank's primary income driver, as its net interest margin narrowed to 3.8% compared to the anticipated 3.9%. Tangible book value per share rose 5.6% year over year to $31.50, but also trailed expectations. Despite top-line hurdles, the bank maintained balance sheet momentum with annualized loan growth of 9.68% and client deposit expansion of 11.0% for the quarter.

Investors will look to see if recent funding moves, including a $125.0 million subordinated debt issuance, help support future balance sheet expansion. Analysts project tangible book value per share to reach $35.81 over the next 12 months. FB Financial Corporation shares traded around $52.95 following the release.

Key points

  • FB Financial Corporation posted Q3 2026 revenue of $174.5 million, missing analyst expectations of $180.8 million.
  • Adjusted earnings per share came in at $1.21, matching Wall Street consensus estimates.
  • Net interest income increased 1.8% year over year to $149.9 million, below forecasts of $153.5 million.
  • Tangible book value per share reached $31.50, up 5.6% year over year but behind the $32.02 estimate.
  • Annualized loan growth reached 9.68% and client deposit growth reached 11.0% for the quarter.

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Questions and answers

Did FB Financial beat Q3 2026 earnings estimates?

FB Financial matched adjusted earnings per share estimates at $1.21, but missed revenue expectations, reporting $174.5 million against the $180.8 million forecast.

What was FB Financial's net interest margin in Q3 2026?

FB Financial reported a net interest margin of 3.8% for the third quarter of 2026, falling short of analyst projections of 3.9%.

How much did FB Financial's loan and deposit growth increase in Q3 2026?

Annualized loan growth reached 9.68% for the quarter, while annualized client deposit growth was 11.0%.