ECB sets 2025 SREP requirements for Italian banks By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 11 2024
0mins
Source: Investing.com
Italian Banks' Capital Requirements: Italian banks have begun revealing their minimum best-quality capital requirements for 2025 as mandated by the European Central Bank's Supervisory Review and Evaluation Process (SREP).
SREP Overview: The SREP assesses challenges faced by major lenders, leading to solvency requirements and supervisory measures that banks must adhere to in the upcoming year.
Analyst Views on FBK
Wall Street analysts forecast FBK stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FBK is 57.70 USD with a low forecast of 29.49 USD and a high forecast of 66.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 60.750
Low
29.49
Averages
57.70
High
66.00
Current: 60.750
Low
29.49
Averages
57.70
High
66.00
About FBK
FB Financial Corporation is a bank holding company. The Company operates through its wholly owned banking subsidiary, FirstBank, in Tennessee, Alabama, Kentucky, and Georgia. The Company operates through two segments: Banking and Mortgage. The Company's Banking segment provides a full range of deposit and lending products and services to corporate, commercial and consumer customers. The Company also originates conforming residential mortgage loans through its Mortgage segment, whose activities include the servicing of residential mortgage loans and securitization of loans to third party private investors or government sponsored agencies. It operates approximately 93 full-service bank branches across its footprint. FirstBank also provides retail mortgage banking services utilizing its bank branch network and mortgage banking offices strategically located throughout the southeastern United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
