FB Financial Corporation $FBK Stock: Keystone Financial Group Inc. Lowers Position

Keystone Financial Group Inc. lessened its position in FB Financial Corporation (NYSE:FBK – Free Report) by 25.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 99,078 shares of the financial services provider’s stock after selling 34,175 shares during the period. FB Financial comprises about 2.6% of Keystone Financial Group Inc.’s holdings, making the stock its 13th biggest position. Keystone Financial Group Inc.’s holdings in FB Financial were worth $5,122,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of FBK. BlackRock Inc. purchased a new position in shares of FB Financial during the second quarter valued at approximately $348,592,000. Bank of America Corp DE purchased a new stake in FB Financial in the 2nd quarter worth approximately $39,460,000. Davis Asset Management L.P. purchased a new stake in FB Financial in the 2nd quarter worth approximately $34,275,000. Jupiter Topco LLC purchased a new stake in FB Financial in the 2nd quarter worth approximately $21,338,000. Finally, William Blair Investment Management LLC acquired a new position in FB Financial in the 2nd quarter valued at $20,028,000. Institutional investors and hedge funds own 65.40% of the company’s stock.

Key Headlines Impacting FB Financial

Here are the key news stories impacting FB Financial this week:

  • Positive Sentiment: Adjusted earnings were $1.21 per share, matching the consensus estimate and rising from $1.07 a year earlier. Net income increased to $60.2 million, while the company maintained solid profitability with a 12.08% return on equity. FB Financial Posts $1.21 EPS for Q3 2026, In Line With Estimates
  • Positive Sentiment: FB Financial delivered meaningful balance-sheet growth: loans held for investment rose 9.68% on an annualized sequential basis to $13.18 billion, while deposits increased 8.82% to $14.67 billion. The company also repurchased approximately 545,000 shares during the quarter. FB Financial Corporation Reports Third Quarter 2026 Financial Results
  • Neutral Sentiment: Management said loan yields could improve in the fourth quarter, potentially offsetting some funding-cost pressure. The bank also completed a $125 million subordinated debt issuance, supporting capital flexibility, although it adds to funding obligations.
  • Negative Sentiment: Quarterly revenue was approximately $174.5 million to $175.6 million, below analysts’ forecast of about $181.6 million. The shortfall was partly tied to lower noninterest income, which declined to $24.5 million from $25.8 million in the prior quarter. FB Financial Reports Third-Quarter EPS in Line With Estimates as Revenue Misses Forecasts
  • Negative Sentiment: Net interest margin contracted to 3.83% from 3.95% in the second quarter as competition for deposits increased. Investors viewed the margin compression and revenue miss as outweighing the company’s loan, deposit and earnings growth, helping explain why FBK shares declined. FB Financial Earnings Call Highlights Growth, Margin Pressures

FB Financial Trading Down 4.4%

FBK stock opened at $50.62 on Wednesday. The company has a market cap of $2.53 billion, a PE ratio of 11.79 and a beta of 0.98. The stock has a 50-day moving average price of $56.07 and a two-hundred day moving average price of $55.30. FB Financial Corporation has a 12-month low of $49.24 and a 12-month high of $62.65.

FB Financial (NYSE:FBK – Get Free Report) last released its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $1.21 EPS for the quarter, hitting analysts’ consensus estimates of $1.21. The company had revenue of $175.62 million for the quarter, compared to the consensus estimate of $181.56 million. FB Financial had a return on equity of 12.08% and a net margin of 19.00%. Equities analysts forecast that FB Financial Corporation will post 4.67 EPS for the current fiscal year.

FB Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th were issued a dividend of $0.21 per share. The ex-dividend date was Tuesday, August 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.7%. FB Financial’s payout ratio is presently 22.52%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Benchmark increased their price target on FB Financial from $64.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. Keefe, Bruyette & Woods reissued an “outperform” rating on shares of FB Financial in a research report on Tuesday, July 14th. Raymond James Financial boosted their target price on shares of FB Financial from $62.00 to $63.00 and gave the company a “strong-buy” rating in a report on Wednesday, July 1st. Finally, Weiss Ratings upgraded shares of FB Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $64.67.

View Our Latest Stock Report on FB Financial

FB Financial Company Profile

(Free Report)

FB Financial Corporation is a bank holding company headquartered in Nashville, Tennessee. Its principal subsidiary, FirstBank, provides banking and financial services to individuals, businesses and institutions through a regional branch network and digital banking channels.

FirstBank’s offerings include personal and business deposit accounts, residential and commercial real estate lending, consumer loans, commercial and industrial financing, treasury management, wealth management and mortgage banking services.

Featured Articles

Want to see what other hedge funds are holding FBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FB Financial Corporation (NYSE:FBK – Free Report).

Institutional Ownership by Quarter for FB Financial (NYSE:FBK)

Receive News & Ratings for FB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FB Financial and related companies with MarketBeat.com's FREE daily email newsletter.