FB Financial (NYSE:FBK – Get Free Report)‘s stock had its “overweight” rating restated by investment analysts at Cantor Fitzgerald in a research report issued on Wednesday, Benzinga reports. They presently have a $65.00 target price on the financial services provider’s stock. Cantor Fitzgerald’s price target suggests a potential upside of 29.00% from the stock’s current price.
A number of other brokerages have also recently issued reports on FBK. Weiss Ratings raised shares of FB Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of FB Financial in a research note on Tuesday, July 14th. Benchmark boosted their price target on FB Financial from $64.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. Finally, Raymond James Financial upped their price target on FB Financial from $62.00 to $63.00 and gave the stock a “strong-buy” rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $64.43.
FB Financial Price Performance
FB Financial (NYSE:FBK – Get Free Report) last announced its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.21. FB Financial had a net margin of 19.00% and a return on equity of 12.08%. The business had revenue of $175.62 million during the quarter, compared to the consensus estimate of $181.57 million. On average, research analysts forecast that FB Financial will post 4.67 earnings per share for the current year.
Hedge Funds Weigh In On FB Financial
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its holdings in shares of FB Financial by 9.2% in the third quarter. GAMMA Investing LLC now owns 2,562 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 216 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of FB Financial by 385.0% during the 3rd quarter. Versant Capital Management Inc now owns 2,294 shares of the financial services provider’s stock worth $119,000 after purchasing an additional 1,821 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of FB Financial during the 2nd quarter worth approximately $410,000. Arizona State Retirement System increased its stake in shares of FB Financial by 3.4% during the 2nd quarter. Arizona State Retirement System now owns 12,159 shares of the financial services provider’s stock worth $673,000 after purchasing an additional 395 shares in the last quarter. Finally, Nykredit A S acquired a new position in shares of FB Financial during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds 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: Third-quarter adjusted EPS was $1.21, matching consensus and increasing from $1.07 a year earlier. Net income rose to $60.2 million, while loans and deposits grew at annualized rates of 9.68% and 8.82%, respectively. FB Financial Corporation Reports Third Quarter 2026 Financial Results
- Positive Sentiment: Cantor Fitzgerald reaffirmed its Overweight rating and set a $65 price target, implying substantial upside from recent levels. Raymond James also maintained a Strong Buy rating, supporting the view that the bank’s loan growth and capital position remain attractive. Raymond James Adjusts FB Financial’s Price Target
- Neutral Sentiment: FB Financial repurchased approximately 545,000 shares and completed a $125 million subordinated debt issuance, actions that support capital flexibility but also increase attention on funding costs and balance-sheet management. FB Financial Q3 Net Income Rises
- Negative Sentiment: Revenue of roughly $175 million missed estimates near $182 million. Net interest margin fell to 3.83% from 3.95% in the prior quarter as deposit competition lifted funding costs, offsetting benefits from loan growth. What FB Financial’s Margin Squeeze Means
- Negative Sentiment: Management forecast a 2026 net interest margin excluding accretion of approximately 3.7% to 3.8%, with fourth-quarter growth expected to moderate. Raymond James consequently reduced its price target to $62 from $65, indicating that margin pressure is limiting near-term upside. FB Financial Forecasts 2026 Net Interest Margin
FB Financial Company Profile
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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