FB Financial Corporation reported solid fourth quarter and full-year 2025 results, characterized by strong balance sheet growth, improved net interest margin, and effective capital deployment.
Net income for Q4 2025 was $57.0 million, or $1.07 per diluted share, a significant increase from the prior quarter and year-over-year.
positiveAdjusted diluted EPS for Q4 2025 was $1.16, up from $0.85 in Q4 2024.
positiveTotal loans HFI grew 29.0% year-over-year to $12.38 billion.
positiveTotal deposits grew 24.1% year-over-year to $13.91 billion.
positiveNet interest margin (NIM) increased to 3.98% in Q4 2025 from 3.50% in Q4 2024, driven by lower funding costs.
positiveBook value per common share increased 12.1% year-over-year to $37.64.
positiveThe company repurchased approximately 3% of its outstanding common shares during the quarter.
positiveNoninterest-bearing deposits decreased 8.29% from the prior quarter.
attentionNoninterest expense increased significantly year-over-year, driven by higher performance-based compensation and merger/integration costs.
attentionNonperforming loans HFI as a percentage of total loans HFI increased to 0.97% from 0.87% in Q4 2024.
attentionNonperforming assets as a percentage of total assets increased to 0.97% from 0.93% in Q4 2024.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
Closed the year with solid earnings and a balance sheet that underscores strength, stability, and significant growth potential.
Deployed capital during the quarter through a substantial share repurchase that delivered meaningful earnings accretion.
Focused on growing core banking deposits while intentionally reducing non-core funds, building a more durable and valuable funding base.
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Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.