FB Financial (FBK) Financial Statements & Analysis

FB Financial (FBK) Income Statement

FB Financial reported revenue of $561.18M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 23.2% from $455.57M a year earlier. Net income was $122.62M, up 5.7% year over year, a net margin of 21.9%. Gross margin was 92.1% and operating margin 24.7%. In the most recent quarter, Q3 fiscal 2026 (ended Sep 30, 2026), revenue was $173.06M, down 0.5% from the same quarter a year earlier.

FB Financial Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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FB Financial Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	561.18	455.57	477.79	596.35	575.63	616.50	417.93	370.21	311.19
Cost of Revenue	361.10	321.04	273.73	88.17	-3.37	156.95	63.55	40.90	15.39
Gross Profit	516.73	445.74	475.25	508.19	616.62	459.55	354.38	329.31	295.80
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	227.30	190.82	211.71	222.70	262.24	243.83	161.22	150.03	142.96
Operating Expenses	378.21	299.07	324.96	348.61	373.57	377.09	244.84	223.46	222.32
Operating Income	138.52	146.67	150.29	159.57	243.05	82.46	109.54	105.85	73.49
Other Income/Expense
Interest Income	833.93	725.54	678.41	481.42	385.00	314.64	282.54	239.57	169.61
Interest Expense	317.83	309.04	271.19	69.19	37.63	48.99	56.50	35.50	16.34
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	138.52	146.67	150.29	159.57	243.05	82.46	109.54	105.85	73.49
Income Tax Expense	15.88	30.62	30.05	35.00	52.75	18.83	25.73	25.62	21.09
Net Income	122.62	116.04	120.22	124.56	190.29	63.62	83.81	80.24	52.40
Net Income - Continuous Operations	122.64	116.05	120.24	124.56	190.30	63.62	83.81	80.24	52.40
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	17.35	14.91	14.84	172.18	13.89	95.32	119.05	113.37	79.80
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	5.30	2.95	3.66	12.60	5.47	12.86	9.52	7.52	6.31
Earnings Per Share
Basic EPS	2.00	2.00	3.00	3.00	4.00	2.00	3.00	3.00	2.00
Diluted EPS	2.00	2.00	3.00	3.00	4.00	2.00	3.00	3.00	2.00
Basic Shares Outstanding	49.74	46.74	46.78	47.11	47.43	37.62	30.87	30.68	27.63
Diluted Shares Outstanding	50.07	46.87	46.82	47.24	47.96	38.10	31.40	31.32	28.21

Source: Company financial statements from annual and quarterly filings. Data as of Sep 30, 2026. Data sources and methodology

Frequently Asked Questions About FB Financial Financial Statements

What was FB Financial's revenue in fiscal 2025?

FB Financial reported revenue of $561.18M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 23.2% from $455.57M a year earlier.

Is FB Financial profitable?

Yes. FB Financial earned net income of $122.62M in fiscal 2025, a net margin of 21.9%. In fiscal 2024 it earned $116.03M.

What is FB Financial's operating margin?

FB Financial's operating income was $138.52M on revenue of $561.18M in fiscal 2025, an operating margin of 24.7%, compared with 32.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition