FB Financial Reports Q3 Earnings with Growth in Loans and Deposits
FB Financial (NASDAQ: FBK) reported third-quarter earnings for 2026, showing a net income of $60.2 million or $1.20 per diluted share, up from the previous quarter's $58.6 million. The company experienced growth in loans held for investment and total deposits, driven by increases in residential and commercial real estate lending as well as customer deposit inflows. Despite these gains, FB Financial faced a 12 basis point decline in its net interest margin to 3.83%, attributed to higher funding costs and an impact from an interest income reversal. The mortgage banking segment also saw reduced profitability due to rising interest rates affecting origination volumes. Management expects continued pressure on the mortgage business as high rates persist. FB Financial strengthened its capital position by issuing $125 million in subordinated debt, while returning value to shareholders through share repurchases totaling 545,214 shares and $29.3 million during the quarter.
Tickers: $FBK
Topics: Deposits Loans Held for Investment Mortgage Banking Income Net Income Net Interest Margin