Somewhat Positive Media Coverage Somewhat Unlikely to Affect FB Financial (FBK) Share Price

Press coverage about FB Financial (NYSE:FBK) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. FB Financial earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.3402349035197 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Several brokerages have commented on FBK. Zacks Investment Research downgraded FB Financial from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. Raymond James Financial began coverage on FB Financial in a report on Tuesday, October 10th. They set an “outperform” rating and a $41.00 target price on the stock. UBS lifted their target price on FB Financial from $41.00 to $45.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. ValuEngine raised FB Financial from a “hold” rating to a “buy” rating in a report on Monday, September 18th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $42.00 target price on shares of FB Financial in a report on Thursday, October 26th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $42.33.

FB Financial (NYSE:FBK) opened at $43.50 on Friday. The company has a market capitalization of $1,330.00 and a PE ratio of 21.60. FB Financial has a twelve month low of $23.71 and a twelve month high of $44.08. The company has a current ratio of 0.95, a quick ratio of 0.83 and a debt-to-equity ratio of 0.25.

FB Financial (NYSE:FBK) last announced its earnings results on Monday, October 23rd. The financial services provider reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.47 by $0.13. The firm had revenue of $81.43 million for the quarter, compared to the consensus estimate of $76.35 million. FB Financial had a return on equity of 11.90% and a net margin of 13.61%. equities analysts anticipate that FB Financial will post 2.05 earnings per share for the current fiscal year.

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FB Financial Company Profile

FB Financial Corporation is the holding company for FirstBank (the Bank). The Company and the Bank are engaged in the business of banking and provide a full range of financial services. The Bank provides a suite of commercial and consumer banking services to clients in select markets in Tennessee, North Alabama and North Georgia.

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