FB Financial Q1 Profit $57.5M, Revenue $251.7M Miss Estimates
FB Financial reported first-quarter profit of $57.5 million, equating to GAAP earnings of $1.10 per share and $1.12 adjusted. Total revenue of $251.7 million and net interest income of $172.3 million both fell short of analyst projections.
1. First-Quarter Profit and EPS Details
FB Financial posted first-quarter profit of $57.5 million, delivering GAAP earnings of $1.10 per share. Adjusted earnings, excluding one-time expenses, rose slightly to $1.12 per share.
2. Revenue Shortfall and Estimate Gap
The bank generated $251.7 million in total revenue, with net interest income of $172.3 million. Both figures fell below analyst expectations, and EPS trailed the $1.13 consensus estimate.
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Sources
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