FBK

Market Overview: U.S. equity futures are experiencing declines after two days of gains, with the S&P 500 down 0.4%, Nasdaq 100 down 0.5%, and Dow Industrials down 0.3%, amid ongoing tariff uncertainties in the tech sector due to a Commerce Department inquiry.

Earnings Reports: Skillsoft shares rose 3.6% following strong Q4 earnings, while several companies including Applied Digital and Allegro MicroSystems saw significant declines after their earnings reports.

Earnings Reports: Major companies including M&T Bank, Goldman Sachs, and Pinnacle Financial Partners are set to report earnings today, with expected stock movements indicated by options prices.

Implied Moves: The anticipated stock price changes post-earnings for these companies range from 1.48% to 18.90%, highlighting the importance of thorough research before engaging in options trading.

Fastest News Alerts: Benzinga Pro offers real-time intelligence and alerts for traders to stay updated on stock market movements.

Exclusive Community: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories from Benzinga reporters.

Earnings Release Announcement: FB Financial Corporation will release its first quarter results for 2025 on April 14, 2025, and host a conference call on April 15, 2025, at 8:00 a.m. Central Time to discuss the results.

Company Overview: FB Financial Corporation, based in Nashville, operates through FirstBank with 77 branches across several states and has approximately $13.2 billion in total assets.

Earnings Report: FB Financial reported quarterly earnings of $0.85 per share, slightly exceeding estimates, but revenue of approximately $130.67 million fell short of expectations by about $2.5 million.

Insider Trading Activity: In the past six months, FB Financial insiders have predominantly purchased shares, with 24 purchases and only one sale, while institutional investors showed mixed activity with 93 adding shares and 92 reducing their positions.

Earnings Release: FB Financial ($FBK) is set to announce its quarterly earnings on April 14th, with analysts predicting revenue of approximately $133 million and earnings per share of $0.84.

Insider Trading Activity: In the past six months, FB Financial insiders have made 25 trades, predominantly purchases, while institutional investors have shown mixed activity, with 93 increasing their holdings and 92 reducing them.

FB Financial Performance: For Q1 2025, FB Financial reported a revenue of $130.67 million, a 21.6% increase year-over-year, although it fell short of the Zacks Consensus Estimate by 1.52%. The EPS remained stable at $0.85 compared to the previous year.

Investment Opportunities: Zacks Investment Research highlights potential high-growth stocks, with past recommendations yielding significant returns, suggesting that some lesser-known stocks may present lucrative investment opportunities.

Earnings Reports Overview: Several companies, including Pinnacle Financial Partners and Applied Digital Corporation, are set to report their earnings after hours on April 14, 2025, with varying forecasts from analysts regarding their earnings per share.

Year-over-Year Comparisons: Pinnacle Financial is expected to show an increase in earnings compared to last year, while Applied Digital and Ontrak, Inc. are projected to report significant decreases in their earnings per share compared to the same quarter last year.

Acquisition Announcement: Southern States Bancshares, Inc. will be acquired by FB Financial Corporation for $381 million, or $37.64 per share, aiming to expand into growth areas like Atlanta, Birmingham, and Columbus.

Market Reaction: Following the announcement, Southern States' stock rose 10.8% to $35.99, with the deal expected to close in the third or fourth quarter of 2025.

Merger Announcement: FB Financial Corporation and Southern States Bancshares, Inc. have entered into a definitive merger agreement, where Southern States will merge with FB Financial, creating a combined entity with significant assets and market presence in Alabama and Georgia.

Transaction Details: The merger is valued at approximately $381 million, with Southern States shareholders receiving shares of FB Financial stock. The transaction is expected to close in late 2025, pending regulatory and shareholder approvals.

Merger Announcement: FB Financial and Southern States Bancshares have entered into a definitive merger agreement, where Southern States will be merged into FB Financial, with shareholders receiving 0.800 shares of FB Financial stock for each share of Southern States.

Financial Overview: The implied transaction value is approximately $381 million, based on FB Financial's stock price, and Southern States reported total assets of $2.8 billion, loans of $2.2 billion, and deposits of $2.4 billion as of December 31, 2024.

Merger Announcement: FB Financial Corporation and Southern States Bancshares, Inc. have entered into a definitive merger agreement where Southern States will be merged into FB Financial, with the transaction valued at approximately $381 million.

Leadership and Integration Plans: Key executives from Southern States will retain significant roles in the combined company, and the merger is expected to close by late 2025, pending regulatory and shareholder approvals.

Investment Strategy: The 'buy the dip' strategy is highlighted as a classic approach for investors, focusing on identifying temporarily undervalued stocks with strong fundamentals that are likely to rebound.

Stock Recommendations: Analysts from Piper Sandler recommend two Southeast bank stocks, FB Financial and BankUnited, both of which have shown recent price dips but possess solid growth potential and attractive dividends.

Upgrade of FB Financial: Piper Sandler has upgraded FB Financial (FBK) to Overweight from Neutral, maintaining a price target of $58, citing that the recent share decline is excessive and presents a compelling investment opportunity.

Market Performance Insight: The firm notes that FB Financial has underperformed its index this year and from recent highs, indicating significant upside potential relative to the analyst's price target.

ETF Analysis: The WisdomTree Total U.S. Dividend Fund ETF (DTD) has an implied analyst target price of $87.35, indicating an 11.49% upside from its current trading price of $78.34.

Stock Performance Insights: Notable underlying holdings such as Hecla Mining Co, Eastern Bankshares Inc, and FB Financial Corp show significant potential for price increases based on analyst targets, raising questions about the validity of these optimistic projections.

Dividend Announcement: FB Financial Corporation declared a quarterly cash dividend of $0.19 per share, marking its 28th consecutive dividend and a 12% increase from previous quarters.

Company Overview: Headquartered in Nashville, Tennessee, FB Financial Corporation operates through FirstBank with 77 branches across several states and has approximately $13.2 billion in total assets.

Dividend Announcement: FB Financial (FBK) declared a quarterly cash dividend of 19 cents per share, payable on February 25 to shareholders recorded by February 11.

Financial Performance: FB Financial reported strong Q4 2024 results with an adjusted EPS of 85 cents, exceeding the consensus estimate of 83 cents.

Dividend Announcement: FB Financial Corporation declared a quarterly dividend of $0.19 per share, marking an 11.8% increase from the previous dividend of $0.17.

Payment Details: The dividend is payable on February 25 for shareholders of record as of February 11, with an ex-dividend date also set for February 11.

Financial Performance: FB Financial Corporation reported a net income of $37.9 million for Q4 2024, significantly up from $10.2 million in the previous quarter, with total loans held for investment increasing to $9.60 billion and deposits rising to $11.21 billion.

Operational Highlights: The company achieved a net interest margin of 3.50% and improved its efficiency ratio to 56.1%, while maintaining a strong capital position with a preliminary total risk-based capital ratio of 15.2%.

Insider Trading Activity: James W. Ayers, a 10% owner of $FBK, purchased 2,000 shares on January 8, 2025, increasing his total holdings to 10,915,841 shares. In the past six months, $FBK insiders have made 18 trades, with 17 being purchases.

Institutional Investor Movements: In the latest quarter, 102 institutional investors increased their positions in $FBK stock while 78 reduced theirs, indicating mixed sentiment among larger investors.