)
FB Financial (FBK) investor relations material
FB Financial Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported Q3 2025 net income of $23.4 million ($0.43 per diluted share) and adjusted net income of $57.6 million ($1.07 per share), with tangible book value per share at $29.83 and CAGR of 11.8% since IPO.
Completed merger with Southern States Bancshares on July 1, 2025, with full systems conversion by September 2, 2025, resulting in a larger balance sheet and unified brand.
Pre-tax pre-provision net revenue (PPNR) was $64 million reported, $81 million adjusted.
Deal synergies are ahead of schedule, with 100% expected by January 2026.
Management highlighted strong growth, improved profitability, and successful merger integration.
Financial highlights
Net interest income rose to $148.1 million, up 32.2% sequentially and 38.9% year-over-year, driven by the merger and organic loan growth.
Net interest margin expanded to 3.95% (tax-equivalent basis), up from 3.68% in Q2.
Adjusted core efficiency ratio improved to 53.3% from 56.9% last quarter.
Non-interest income (adjusted) was $27.3 million, with mortgage banking income at $13.5 million.
Loans held for investment reached $12.30 billion; total deposits increased to $13.81 billion.
Outlook and guidance
Net interest margin expected at 3.80%–3.90% for Q4 2025 and into 2026, assuming two rate cuts.
Full-year 2025 banking expenses guided at $290–$300 million; 2026 expected at $325–$335 million, with efficiency ratio near 50% by year-end 2026.
Loan and deposit growth for Q4 2025 guided to mid-to-high single digits; 2026 expected to return to high single-digit to low double-digit organic growth.
2026 EPS accretion projected at ~12%, with tangible book value per share dilution under 4% and earn-back in under two years.
Next FB Financial earnings date
Next FB Financial earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)