Stocktoria

FB Financial Corp FBK

NYSE · stock · State Commercial Banks · website · IPO 2016-09-16 · LEI

FB Financial Corp statistics & valuation

Market cap$2.9B
P / E23.5×
P / B1.5×
P / FCF19.6×
Dividend yield1.32%
Return on equity6.3%
Net cash$943.1M
Enterprise value USD$1.9B
Graham number -26.6%$45.55

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($45.55); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
12.30% 8.80% 11.90% 11.00% 4.90% 13.30% 9.40% 8.30% 7.40% 6.30% 2016201720182019202020212022202320242025
Shares outstanding
24.1M 30.5M 31.3M 31.4M 47.2M 48.0M 47.2M 46.8M 46.9M 51.8M 2016201720182019202020212022202320242025
Net debt ($)
-$91.4M $23.6M $72.0M -$1.08B -$1.63B -$611.4M -$420.0M -$865.7M -$943.1M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.20% 1.10% 1.60% 1.40% 0.60% 1.50% 1.00% 1.00% 0.90% 0.80% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.14× 0.24× 0.40× 0.18× 0.12× 0.31× 0.27× 0.11× 0.11× 2016201720182019202020212022202320242025
EPS ($)
$2.10 $1.86 $2.55 $2.65 $1.67 $3.97 $2.64 $2.57 $2.48 $2.45 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

FB Financial Corp trades at about 25.3× earnings — above its 10-year norm (10-year range 11.2×–23.5×, median 14.5×).

11.2× 25.3×

Shaded band = 10-year range (11.2×–23.5×); dot = today's 25.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets0.8%0.9%1.0%1.0%1.5%0.6%1.4%1.6%1.1%1.2%
Return on equity6.3%7.4%8.3%9.4%13.3%4.9%11.0%11.9%8.8%12.3%
Debt / equity0.11×0.11×0.27×0.31×0.12×0.18×0.40×—0.24×0.14×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.