FB Financial (FBK) Q3 2026 earnings summary

Executive summary

• Total assets reached $16.8 billion as of June 30, 2026, with 90 full-service branches across the Southeast and a recent merger with Southern States Bancshares, Inc.

• Franchise expansion and strong market positioning in key Southeastern MSAs, with continued focus on customer satisfaction and workplace excellence.

Financial highlights

• Adjusted net income for YTD 2026 was $117.2 million, with adjusted diluted EPS of $2.24.

• Adjusted return on average tangible common equity (ROATCE) for YTD 2026 was 15.1%.

• Net interest income for 2Q26 was $149.8 million, up from $146.8 million in 1Q26, driven by loan growth and stable loan rates.

• Adjusted efficiency ratio improved to 52.0% in 2Q26.

• Allowance for credit losses (ACL) coverage ratio stood at 1.51% at quarter end.

Outlook and guidance

• Management highlighted a modestly softer economic forecast, with expectations of increased inflationary pressures and moderated GDP growth.

• Continued focus on operating efficiency and capital strength, with strong liquidity and capital ratios well above regulatory requirements.