Apr. 15 at 11:12 AM
$FBK
FB Financial reported strong Q1 2025 financial results with net income of
$39.4 million, or
$0.84 per diluted share, up from
$0.59 in Q1 2024.
The company's loan portfolio grew to
$9.77 billion, showing a 7.14% annualized increase from the previous quarter.
Key highlights include:
Net interest margin improved to 3.55% from 3.50% in the previous quarter
Total deposits remained stable at
$11.20 billion
Book value per share reached
$34.44
Core efficiency ratio was 59.9%
The company maintained strong capital position with a preliminary total risk-based capital ratio of 15.2% and continued its share buyback program, repurchasing 208,680 shares during the quarter.
Credit quality remained solid with net charge-offs at 0.14% of average loans HFI.
