Ahead of FB Financial (FBK) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts project that FB Financial (FBK) will report quarterly earnings of $0.89 per share, a 6% increase year over year, with revenues expected to reach $135.28 million, reflecting a 5.5% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 2% higher over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Financial Metrics - Analysts expect the 'Efficiency Ratio' to be 57.2%, down from 58.6% in the same quarter last year [5]. - The 'Net Interest Margin' is projected to remain stable at 3.6%, consistent with the previous year's figure [5]. - 'Average Earning Assets' are expected to reach $12.57 billion, up from $11.63 billion in the same quarter last year [6]. - 'Mortgage banking income' is estimated at $12.80 million, compared to $11.91 million a year ago [6]. - 'Total Noninterest income' is projected to be $24.69 million, down from $25.61 million in the same quarter last year [7]. - 'Net interest income (tax-equivalent basis)' is expected to be $111.97 million, up from $103.25 million in the same quarter last year [7]. - The consensus estimate for 'Other Income' is $2.25 million, down from $4.61 million a year ago [8]. - 'Service charges on deposit accounts' are projected to reach $3.46 million, slightly up from $3.17 million last year [8]. - 'Net Interest Income' is expected to be $111.61 million, compared to $102.62 million in the same quarter last year [8]. - 'Investment services and trust income' is projected at $3.63 million, up from $3.39 million in the same quarter last year [9]. Stock Performance - FB Financial shares have increased by 6.1% over the past month, outperforming the Zacks S&P 500 composite, which rose by 3.9% [9]. - FBK holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the overall market in the near future [9].