FB Financial Corporation (FBK) Stock Analysis
Recovery setup · Catalyst-Driven edge
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $54.33, but acceptable to hold if already in. Reasons: Single-region cliff: 62% exposure to Tennessee (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Tennessee (62.0%).
FB Financial Corporation operates FirstBank, a Tennessee-chartered bank providing commercial and consumer banking services through 90 full-service branches in Tennessee, Alabama, Kentucky, Georgia, and North Carolina, with mortgage banking offices across the southeastern U.S.... Read more
Hold if already holding. Not a fresh buy at $54.33, but acceptable to hold if already in. Reasons: Single-region cliff: 62% exposure to Tennessee (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Tennessee (62.0%). Chart setup: Death cross but MACD improving, RSI 58. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 27d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and finsvc regional cliff hard block. Suitability: aggressive.
About FB Financial Corporation
About FB Financial Corporation
FB Financial Corporation reported $16.30 billion in total assets, $12.38 billion in loans held for investment, and $13.91 billion in total deposits at December 31, 2025, with shareholders' equity of $1.95 billion. The company's operating subsidiary, FirstBank, holds the sixth-largest deposit market share in Tennessee at 4.2%, spanning 90 full-service branches across Tennessee, Alabama, Kentucky, Georgia, and North Carolina, and is regulated by the Federal Reserve and Tennessee banking authorities.
FirstBank generates revenue primarily through net interest income on a loan portfolio where commercial real estate accounts for 40% of total loans, commercial and industrial lending 18%, and construction loans 10%. The Nashville MSA anchors the deposit franchise at 36.1% of total deposits with 5.1% market share as of June 30, 2025, making it the sixth-largest deposit holder in the state behind First Horizon and Pinnacle Financial Partners. Mortgage banking supplements net interest income: in 2025, FirstBank sold nearly all of the $1.38 billion of mortgage loans held for sale through programs administered by Fannie Mae, Freddie Mac, and Ginnie Mae. Treasury management, trust and investment services, and capital markets complete the fee-based revenue mix.
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Geographic concentration in Tennessee is the company's primary structural risk: the 10-K discloses that approximately 55% of loans and 62% of deposits are tied to borrowers or depositors who live and/or primarily conduct business in Tennessee. This single-state concentration is amplified by approximately 77% of the loan portfolio being secured by real estate collateral, making credit quality directly sensitive to Tennessee property market conditions. Adverse developments — including potential weakness in the Nashville MSA driven by office market pressures or employment softening — could simultaneously weigh on loan originations, deposit retention, and collateral recovery rates.
See also: Financial Services · Banks - Regional
From FB Financial Corporation's most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-06-17Recent Developments — FB Financial Corporation
Latest news
- NEWS Exploring analyst estimates for FB Financial (FBK) Q1 earnings, beyond revenue and EPS - MSN — MSN neutral
- NEWS [Form 4] FB Financial Corp Insider Trading Activity - Stock Titan — Stock Titan neutral
- NEWS FB Financial Corp (FBK) Stock Price, Trades & News - GuruFocus — GuruFocus neutral
- NEWS FB Financial Highlights Non-GAAP Metrics, Customer Satisfaction Strength - TipRanks — TipRanks positive
- NEWS Net revenue after provisions of FB Financial Corporation – NYSE:FBK - TradingView — Track All Markets — TradingView — Track All Markets neutral
Generated 2026-06-17T09:07:23Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicTennessee62%10-K Item 1A: 'approximately 55% of our loans and approximately 62% of our deposits were made to borrowers or received from depositors who live and/or primarily conduct business in Tennessee'
- MEDIUMloan_portfoliocommercial real estate loans40%10-K Item 1A: 'commercial real estate (both owner-occupied and non-owner occupied) - 40%; commercial and industrial - 18%; and construction - 10%'
- HIGHloan_portfolioreal estate collateral77%10-K Item 1A: 'approximately 77% of our loan portfolio was comprised of loans with real estate as a primary or secondary component of collateral'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
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Frequently Asked Questions
Hold if already holding. Not a fresh buy at $54.33, but acceptable to hold if already in. Reasons: Single-region cliff: 62% exposure to Tennessee (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Tennessee (62.0%). Chart setup: Death cross but MACD improving, RSI 58. Maintain position. Not compelling to add more. Target $56.05 (+3.2%), stop $51.95 (−4.6%), A.R:R 0.6:1. Score 6.4/10, moderate confidence.
Take-profit target: $56.05 (+3.2% upside). Target $56.05 (+3.2%), stop $51.95 (−4.6%), A.R:R 0.6:1. Stop-loss: $51.95.
Single-region cliff: 62% exposure to Tennessee (≥60% threshold). Regional macroeconomic shock = idiosyncratic terminal risk.; Concentration risk — Geographic: Tennessee (62.0%); Concentration risk — Loan Portfolio: real estate collateral (77.0%).
FB Financial Corporation trades at a P/E of 19.8 (forward 10.6). TrendMatrix value score: 7.5/10. Verdict: Hold.
11 analysts cover FBK with a consensus score of 4.2/5. Average price target: $64.
What does FB Financial Corporation do?FB Financial Corporation operates FirstBank, a Tennessee-chartered bank providing commercial and consumer banking...
FB Financial Corporation operates FirstBank, a Tennessee-chartered bank providing commercial and consumer banking services through 90 full-service branches in Tennessee, Alabama, Kentucky, Georgia, and North Carolina, with mortgage banking offices across the southeastern U.S. With $16.30 billion in assets and $13.91 billion in deposits at December 31, 2025, the company earns revenue primarily from net interest income supplemented by mortgage sales, treasury management, and fee services.