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FB Financial reports Q3 adjusted EPS 86c, consensus 79c

FB Financial reports Q3 adjusted EPS 86c, consensus 79c

Reports Q3 revenue $89.52M, consensus $128.09M. Q3 NIM was 3.55% vs. 3.57% in the prior quarter and 3.42% last year. Tangible book value per common share was $28.15 from $26.82 at previous quarter end. CEO Christopher Holmes stated, “The company continues enhancing an already strong balance sheet to provide security and the platform for further growth. Our loan and deposit growth was encouraging during the quarter, and we are optimistic about 2025 with some momentum and expected future interest rate decreases.”

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