We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exploring Analyst Estimates for FB Financial (FBK) Q1 Earnings, Beyond Revenue and EPS
Read MoreHide Full Article
In its upcoming report, FB Financial (FBK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.15 per share, reflecting an increase of 35.3% compared to the same period last year. Revenues are forecasted to be $176.05 million, representing a year-over-year increase of 34.7%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some FB Financial metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Core Efficiency Ratio' should come in at 54.1%. The estimate is in contrast to the year-ago figure of 60.9%.
The collective assessment of analysts points to an estimated 'Net Interest Margin' of 4.0%. The estimate compares to the year-ago value of 3.6%.
The consensus among analysts is that 'Average Earning Assets' will reach $15.19 billion. Compared to the current estimate, the company reported $12.39 billion in the same quarter of the previous year.
It is projected by analysts that the 'Mortgage banking income' will reach $13.32 million. The estimate compares to the year-ago value of $12.43 million.
The average prediction of analysts places 'Total Noninterest income' at $27.46 million. Compared to the current estimate, the company reported $23.03 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Net interest income (tax-equivalent basis)' should arrive at $148.99 million. The estimate compares to the year-ago value of $108.43 million.
Analysts' assessment points toward 'Service charges on deposit accounts' reaching $4.05 million. The estimate compares to the year-ago value of $3.48 million.
Analysts expect 'Net Interest Income' to come in at $147.99 million. Compared to the present estimate, the company reported $107.64 million in the same quarter last year.
Analysts predict that the 'Investment services and trust income' will reach $4.24 million. Compared to the current estimate, the company reported $3.71 million in the same quarter of the previous year.
Over the past month, shares of FB Financial have returned +5.4% versus the Zacks S&P 500 composite's -1.7% change. Currently, FBK carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Exploring Analyst Estimates for FB Financial (FBK) Q1 Earnings, Beyond Revenue and EPS
In its upcoming report, FB Financial (FBK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.15 per share, reflecting an increase of 35.3% compared to the same period last year. Revenues are forecasted to be $176.05 million, representing a year-over-year increase of 34.7%.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some FB Financial metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Core Efficiency Ratio' should come in at 54.1%. The estimate is in contrast to the year-ago figure of 60.9%.
The collective assessment of analysts points to an estimated 'Net Interest Margin' of 4.0%. The estimate compares to the year-ago value of 3.6%.
The consensus among analysts is that 'Average Earning Assets' will reach $15.19 billion. Compared to the current estimate, the company reported $12.39 billion in the same quarter of the previous year.
It is projected by analysts that the 'Mortgage banking income' will reach $13.32 million. The estimate compares to the year-ago value of $12.43 million.
The average prediction of analysts places 'Total Noninterest income' at $27.46 million. Compared to the current estimate, the company reported $23.03 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Net interest income (tax-equivalent basis)' should arrive at $148.99 million. The estimate compares to the year-ago value of $108.43 million.
Analysts' assessment points toward 'Service charges on deposit accounts' reaching $4.05 million. The estimate compares to the year-ago value of $3.48 million.
Analysts expect 'Net Interest Income' to come in at $147.99 million. Compared to the present estimate, the company reported $107.64 million in the same quarter last year.
Analysts predict that the 'Investment services and trust income' will reach $4.24 million. Compared to the current estimate, the company reported $3.71 million in the same quarter of the previous year.
View all Key Company Metrics for FB Financial here>>>Over the past month, shares of FB Financial have returned +5.4% versus the Zacks S&P 500 composite's -1.7% change. Currently, FBK carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .