FB Financial Corporation (NYSE:FBK – Get Free Report) declared a quarterly dividend on Thursday, January 22nd. Shareholders of record on Tuesday, February 10th will be given a dividend of 0.21 per share by the financial services provider on Tuesday, February 24th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, February 10th. This is a 10.5% increase from FB Financial’s previous quarterly dividend of $0.19.
FB Financial has raised its dividend by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 8 consecutive years. FB Financial has a dividend payout ratio of 17.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect FB Financial to earn $4.06 per share next year, which means the company should continue to be able to cover its $0.76 annual dividend with an expected future payout ratio of 18.7%.
FB Financial Price Performance
FBK stock opened at $60.09 on Friday. The business has a fifty day moving average price of $57.04 and a 200 day moving average price of $54.11. FB Financial has a fifty-two week low of $38.83 and a fifty-two week high of $62.37. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 25.04 and a beta of 0.98.
More FB Financial News
Here are the key news stories impacting FB Financial this week:
- Positive Sentiment: Q4 beat and stronger profitability: FBK reported adjusted EPS of $1.16 (vs. $1.14 consensus) and revenue of $178.4M, with adjusted net income up year-over-year and improved margins — the primary fundamental support for the stock. Businesswire: Q4 Results
- Positive Sentiment: Loan growth and margin strength highlighted on the earnings call, signaling core franchise momentum that should support forward earnings. TipRanks: Margin Highlights
- Positive Sentiment: Dividend increase: the board raised the quarterly dividend to $0.21 (10.5% hike), showing confidence in the franchise and providing incremental income support for shareholders.
- Neutral Sentiment: Full call materials and transcripts are now available for investors to parse forward commentary and one‑time items; these should clarify sustainability of margins and loan momentum. Seeking Alpha: Q4 Call Transcript Seeking Alpha: Slide Deck
- Neutral Sentiment: Analyst and media coverage is generally constructive — earnings beat write‑ups and an RS (relative strength) rating upgrade to 82 highlight market interest but don’t guarantee near‑term price direction. MSN: RS Rating
- Negative Sentiment: Insider selling: an executive sale of 8,500 shares was reported, which can be perceived negatively by short‑term traders even if the sale is routine in size. AmericanBankingNews: Insider Sale
FB Financial Company Profile
FB Financial Corporation, through its banking subsidiary FirstBank, is a Tennessee-based bank holding company that provides a broad range of financial services to individuals, small and medium-sized businesses, and commercial clients. Established to serve the banking needs of communities across the southeastern United States, the company’s core offerings include consumer and commercial deposit products, commercial lending, and mortgage services.
In addition to traditional checking and savings accounts, FB Financial’s service portfolio encompasses treasury and cash management, equipment financing, and letters of credit to support the working capital and expansion needs of business customers.
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