FB Financial Corporation

FB Financial Corporation

FBKยทNYSE

$51.81

-0.19%
Financial ServicesBanks - Regional

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 two segments, 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 engages in the mortgage origination business. 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 networks in the southeastern United States; an internet delivery channel; and trust, insurance, and investment services, as well as online and mobile banking services. As of December 31, 2021, it operated 82 full-service bank branches and 9 limited-service branches locations throughout Tennessee, North Alabama, Southern Kentucky, and North Georgia; and 23 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.

At a Glance

Live Snapshot
Market Cap$2.67B
EPS2.4100
P/E Ratio21.50
Earnings Date07/13/2026
FB Financial Corporation

FB Financial Corporation Fair Value Envelope

FBK ยท NYSE

Our analysis suggests that FBK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $51.81, this represents a potential HIDDEN relative to our calculated worth for FB Financial Corporation.

Intrinsic Value
Current Price: $51.81

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$5.3B
+ Cash & Equivalents$942.5M
Firm Value$6.2B
- Debt$283.2M
Equity Value$6.0B
/ Shares Outstanding53,462,482B
DCF Value$112
UNDERVALUED BY 115%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$173.3M
$192.6M
$214.1M
$238.0M
$264.5M
$294.1M
$326.9M
$363.4M
$403.9M
$449.0M
Maintenance CapEx
-$2.0M
-$2.2M
-$2.4M
-$2.7M
-$3.0M
-$3.3M
-$3.7M
-$4.1M
-$4.6M
-$5.1M
Owner Earnings
$171.3M
$190.4M
$211.7M
$235.3M
$261.5M
$290.7M
$323.2M
$359.2M
$399.3M
$443.9M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$158.6M
$163.2M
$168.0M
$172.9M
$178.0M
$183.2M
$188.6M
$194.1M
$199.8M
$205.6M
Terminal Value represents 65.9% of Enterprise Value