FB Financial Corporation (NYSE: FBK) recently shared its financial results for the third quarter. The report was released before the start of trading.
The revenues adding up $89.52 million, failed to meet market anticipated $128.28 million for the quarter.
During the quarter the company recorded an adjusted income of $0.86 per share, outperformed the market expected $0.80 profit per share.
According to GAAP, the company saw a quarterly profit of $0.22 per share, which is a 46.3 percent decline from the previous year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $0.86 | +21.1% | 89.52 M | -17.8% |
| Historical Earnings Insight | ||||
| Q2 2024 | $0.84 | +9.1% | 128.22 M | +2.0% |
| Q1 2024 | $0.85 | +11.8% | 107.45 M | -15.6% |
| Q4 2023 | $0.77 | -9.4% | 116.43 M | -11.5% |
| Q3 2023 | $0.71 | +4.4% | 108.97 M | -19.2% |
| Q2 2023 | $0.77 | +20.3% | 125.70 M | -9.1% |
| *Growth on year-over-year basis | ||||
Relative to the related quarter of year ago the earnings per share advanced 21.13 percent, at the same time revenues fell 17.85 percent.
FB Financial (FBK) closed Monday's regular trading session at $47.73, marking a 0.42 percent upturn, with a volume of 125.70 thousand shares.
