FB Financial Corporation (FBK)

FB Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	626.4	626.4	599.2	436.36	359.26	294.6
Interest Income on Investments	99.14	99.14	79.22	45.06	25.74	20.05
Total Interest Income	725.54	725.54	678.41	481.42	385	314.64
Interest Paid on Deposits	296.35	296.35	258.82	56.64	30.19	42.86
Interest Paid on Borrowings	12.69	12.69	12.37	12.55	7.44	6.13
Total Interest Expense	309.04	309.04	271.19	69.19	37.63	48.99
Net Interest Income	416.5	416.5	407.22	412.24	347.37	265.66
Net Interest Income Growth (YoY)	2.28%	2.28%	-1.22%	18.67%	30.76%	17.53%
Mortgage Banking Activities	46.63	46.63	44.69	73.58	167.57	255.33
Gain (Loss) on Sale of Investments	-56.38	-56.38	-13.97	-0.38	0.32	1.63
Other Non-Interest Income	37.75	37.75	27.7	29.68	47.51	37.23
Total Non-Interest Income	39.07	39.07	70.54	114.67	228.26	301.86
Non-Interest Income Growth (YoY)	-44.62%	-44.62%	-38.48%	-49.76%	-24.38%	122.94%
Revenues Before Loan Losses	455.57	455.57	477.76	526.9	575.63	567.51
Provision for Loan Losses	12	12	2.54	18.98	-40.99	107.97
Revenue	443.57	443.57	475.22	507.92	616.62	459.55
Revenue Growth (YoY)	-6.66%	-6.66%	-6.44%	-17.63%	34.18%	29.68%
Salaries and Employee Benefits	183.81	183.81	193.06	201.63	238.04	223.55
Occupancy Expenses	26.25	26.25	26.4	21.96	21.3	17.92
Amortization of Goodwill & Intangibles	2.95	2.95	3.66	4.59	5.47	5.32
Selling, General & Administrative	24.33	24.33	38.51	47.01	44.78	40.38
Other Non-Interest Expense	59.56	59.56	63.29	60.7	63.97	55.03
Total Non-Interest Expense	296.9	296.9	324.93	335.89	373.57	342.21
EBT Excluding Unusual Items	146.67	146.67	150.29	172.03	243.05	117.34
Pretax Income	146.67	146.67	150.29	159.57	243.05	82.46
Income Tax Expense	30.62	30.62	30.05	35	52.75	18.83
Earnings From Continuing Operations	116.05	116.05	120.24	124.57	190.3	63.63
Minority Interest in Earnings	-0.02	-0.02	-0.02	-0.02	-0.02	-0.01
Net Income	116.04	116.04	120.22	124.56	190.29	63.62
Net Income to Common	116.04	116.04	120.22	124.56	190.29	63.62
Net Income Growth	-3.48%	-3.48%	-3.48%	-34.54%	199.09%	-24.09%
Basic Shares Outstanding	47	47	47	47	47	38
Diluted Shares Outstanding	47	47	47	47	48	38
Shares Change (YoY)	0.11%	0.11%	-0.88%	-1.49%	25.87%	21.33%
EPS (Basic)	2.48	2.48	2.57	2.64	4.01	1.69
EPS (Diluted)	2.48	2.48	2.57	2.64	3.97	1.67
EPS Growth	-3.50%	-3.50%	-2.65%	-33.50%	137.72%	-36.98%
Dividend Per Share	-	-	0.600	0.520	0.440	0.360
Dividend Growth	-	-	15.38%	18.18%	22.22%	12.50%
Effective Tax Rate	20.88%	20.88%	20.00%	21.94%	21.70%	22.84%

Source: S&P Capital IQ. Banks template. Financial Sources.