FB Financial Corporation Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤Q3 diluted EPS $1.20, up from $1.13 sequentially and $0.43 year-over-year
- ➤Loans HFI $13.18B, up 9.68% annualized quarter-over-quarter
- ➤Total deposits $14.67B, up 8.82% annualized quarter-over-quarter
- ➤NIM fell to 3.83% from 3.95% amid higher funding costs
- ➤$125.0M subordinated debt issuance supports future growth and flexibility
Expert Statements
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Our results reflect continued organic growth momentum and solid profitability metrics.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Annualized loan growth (HFI) was 9.68% for the quarter, annualized client deposit growth was 11.0%, and annualized total deposit growth was 8.82% when we net out the decline in brokered deposits.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“We are encouraged by the quality of opportunities in front of us and the pipelines we see across the Company.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“In addition, our recent $125.0 million subordinated debt issuance provides added flexibility to support future growth.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“We remain focused on providing value to clients and creating long-term value for our shareholders.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Our balance sheet continues to be shaped by long-term client relationships and a relationship-based approach to banking.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“That client-driven foundation provides stability, flexibility and the capacity to pursue opportunities across our markets.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“We are encouraged by the activity we see throughout our footprint and by the value we are creating by growing our client base.”
Michael Mettee, Chief Financial Officer and Chief Operating Officer of FB Financial Corporation
“The third quarter reflected continued momentum in loan and deposit production and meaningful balance sheet growth.”
Michael Mettee, Chief Financial Officer and Chief Operating Officer of FB Financial Corporation
“Operating leverage was impacted by lower mortgage banking profitability, margin pressure and our continued investments in growth initiatives.”
Michael Mettee, Chief Financial Officer and Chief Operating Officer of FB Financial Corporation
“We remain focused on disciplined expense management and believe the investments we are making today position us to deliver improved earnings growth and operating leverage over time.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Overall credit performance remained strong during the third quarter, with stable asset quality metrics and low net charge-offs.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Our consistent approach to underwriting and portfolio management continues to support favorable credit outcomes.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Our reserve position and strong credit culture provide a solid foundation to support continued growth while prudently managing risk.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“We remain disciplined in deploying capital while delivering attractive returns to shareholders.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“During the quarter, we completed a $125.0 million subordinated debt issuance at a spread of 180 basis points over the five-year U.S. Treasury yield, reflecting strong investor demand and confidence in our long-term strategy.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“We also repurchased $29.3 million of common stock during the quarter, returning capital to shareholders while also maintaining ample capital for financial flexibility.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Together, these actions reinforce our commitment to long-term shareholder value.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“We are pleased with the Company’s growth rate and profitability levels, especially relative to firms similar to ours.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“Our results reflect the strength of our client relationships, the commitment of our associates and the attractive markets we serve.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“We are encouraged by the opportunities in front of us and confident in our ability to continue supporting our customers and communities.”
Christopher T. Holmes, President and Chief Executive Officer of FB Financial Corporation
“As we look ahead, our focus remains on growing the franchise and creating long-term shareholder value.”
FB Financial Corporation Reports Third Quarter 2026 Financial Results
Reports Q3 Diluted EPS of $1.20, Adjusted Diluted EPS* of $1.21
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