FB Financial Corporation which can be found using ticker (FBK) have now 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 41 and 32 calculating the average target price we see $35.79. Now with the previous closing price of $30.46 this would imply there is now a potential upside of 17.5%. There is a 50 day moving average of $33.89 and the 200 day MA is $38.41. The total market capitalization for the company now stands at $1,363m. Visit the company website at: https://www.firstbankonline.com
The potential market cap would be $1,601m based on the market consensus.
FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals. The company operates in segments, such as Banking and Mortgage. It offers checking, demand, money market, and savings accounts; deposit and lending products and services to corporate, commercial, and consumer customers; and time deposits and certificates of deposits, as well as residential mortgage loans. The company also provides owner-occupied and non-owner-occupied real estate commercial, residential real estate 1-4 family mortgage, multi-family residential, commercial and industrial, construction, land acquisition, residential lines of credit, and land development loans; and consumer and other loans, such as car, boat, and other recreational vehicle loans, as well as manufactured homes without real estate and personal lines of credit. In addition, the company offers mortgage banking services through its bank branch network and mortgage banking offices in the southeastern United States; direct-to-consumer internet delivery channel; and trust, insurance, and investment services, as well as online and mobile banking services. The company operates full-service bank branches and limited-service branches locations throughout Tennessee, Nashville, Chattanooga, Knoxville, Memphis, Jackson, Birmingham, Florence, Huntsville, Alabama, Bowling Green, and Kentucky; and mortgage offices throughout the southeastern United States. The company was formerly known as First South Bancorp, Inc. and changed its name to FB Financial Corporation in 2016. FB Financial Corporation was founded in 1906 and is headquartered in Nashville, Tennessee.
The company has a dividend yield of 1.97% with the ex dividend date set at 6-2-2023 (DMY).
Other points of data to note are a P/E ratio of 11.04, revenue per share of 10.78 and a 0.98% return on assets.
