FB Financial Q2 2026 net income turns to profit at $58.6 million; net interest margin widens 27 basis points to 3.95%
Reuters2026/08/03 16:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- FB Financial posted net income of $58.65 million, swinging from a $34.55 million noninterest loss a year earlier; diluted EPS was $1.13.
- Net interest income rose 33.7% to $148.97 million; net interest margin widened 0.27 percentage points to 3.95% on a tax-equivalent basis.
- Provision for credit losses increased to $10.12 million from $5.34 million, reflecting loan growth and higher reserves on individually evaluated loans.
- Noninterest income turned to $25.78 million from a $34.55 million loss, after a $60.55 million investment-securities loss tied to AFS sales last year.
- Noninterest expense climbed 12.6% to $91.48 million, driven by higher compensation and other costs linked to the Southern States merger.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FB Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001649749-26-000060), on August 03, 2026, and is solely responsible for the information contained therein.
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