FB Financial (NYSE:FBK – Get Free Report)‘s stock had its “overweight” rating reiterated by stock analysts at Cantor Fitzgerald in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $65.00 target price on the financial services provider’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 29.44% from the company’s current price.
A number of other research firms also recently commented on FBK. Raymond James Financial lifted their target price on FB Financial from $62.00 to $63.00 and gave the company a “strong-buy” rating in a research report on Wednesday, July 1st. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of FB Financial in a report on Tuesday, July 14th. Benchmark raised their price objective on FB Financial from $64.00 to $67.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Finally, Weiss Ratings upgraded shares of FB Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $64.67.
Get Our Latest Research Report on FBK
FB Financial Price Performance
FB Financial (NYSE:FBK – Get Free Report) last released its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $1.21 EPS for the quarter, meeting analysts’ consensus estimates of $1.21. The firm had revenue of $175.62 million for the quarter, compared to analysts’ expectations of $181.57 million. FB Financial had a return on equity of 12.08% and a net margin of 19.00%. As a group, research analysts expect that FB Financial will post 4.67 EPS for the current year.
Institutional Investors Weigh In On FB Financial
Several large investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in FB Financial during the 2nd quarter worth about $348,592,000. Bank of America Corp DE acquired a new position in shares of FB Financial during the 2nd quarter worth about $39,460,000. Davis Asset Management L.P. purchased a new position in shares of FB Financial in the 2nd quarter valued at about $34,275,000. Jupiter Topco LLC purchased a new position in shares of FB Financial in the 2nd quarter valued at about $21,338,000. Finally, William Blair Investment Management LLC purchased a new position in shares of FB Financial in the 2nd quarter valued at about $20,028,000. Hedge funds and other institutional investors own 65.40% of the company’s stock.
More FB Financial News
Here are the key news stories impacting FB Financial this week:
- Positive Sentiment: Profitability improved: Third-quarter adjusted EPS was $1.21, matching consensus and rising from $1.07 a year ago. Net income increased to $60.2 million, compared with $58.6 million in the prior quarter. FB Financial Corporation Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Loan and deposit growth remained strong: Loans held for investment reached $13.18 billion, up 9.68% annualized from the prior quarter, while deposits rose 8.82% annualized to $14.67 billion. FBK also repurchased 545,214 shares during the quarter. FB Financial Q3 Net Income Rises to $60.2 Million
- Positive Sentiment: Analyst support remains constructive: Cantor Fitzgerald reaffirmed its Overweight rating and $65 price target, while Raymond James maintained Strong Buy despite reducing its target to $62 from $65. These targets imply substantial upside from the recent trading level.
- Neutral Sentiment: FBK completed a $125 million subordinated debt issuance, supporting capital flexibility but also increasing funding obligations.
- Negative Sentiment: Revenue missed expectations: Quarterly revenue was approximately $175.6 million versus the roughly $181.6 million consensus estimate. The shortfall likely contributed to the weaker stock performance despite the EPS result being in line. FB Financial Reports Third-Quarter EPS in Line With Estimates as Revenue Misses Forecasts
- Negative Sentiment: Net interest margin continued to narrow: NIM fell to 3.83% from 3.95% in the prior quarter as deposit costs and competition increased. Analysts expect margin pressure to temper near-term upside, although potentially higher loan yields in the fourth quarter could provide some relief. Raymond James Adjusts FB Financial Price Target
About FB Financial
FB Financial Corporation is a bank holding company headquartered in Nashville, Tennessee. Its principal subsidiary, FirstBank, provides banking and financial services to individuals, businesses and institutions through a regional branch network and digital banking channels.
FirstBank’s offerings include personal and business deposit accounts, residential and commercial real estate lending, consumer loans, commercial and industrial financing, treasury management, wealth management and mortgage banking services.
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