FB Financial Q2 FY26 net income rises 1.95% to $58.65 million; revenue increases 1.4% to $174.75 million
FBK•Quarterly results
- FB Financial posted Q2 net income of $58.6 million, or $1.13 per diluted share, up from $1.10 in Q1.
- Revenue rose to $174.75 million from $172.34 million in Q1, while net interest margin widened 0.01 percentage point to 3.95%.
- Loans held for investment climbed to $12.87 billion, up 11.6% annualized from Q1, while deposits increased to $14.35 billion, up 7.7% annualized.
- Nonperforming loans as a share of loans held for investment rose to 1.17% from 0.96%, driven by three relationships migrating to nonperforming status.
- Capital returns accelerated with repurchases of 1,546,707 shares, equal to 3.01% of common shares outstanding during the quarter.
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