FB Financial Q4 Net Income Declines - Quick Facts

(RTTNews) - FB Financial Corporation (FBK), parent company of FirstBank, reported fourth quarter net income of $29.4 million, or $0.63 per share, compared to $38.1 million or $0.81 per share, last year. Adjusted net income was $36.2 million, or $0.77 per share, compared to $40.2 million or $0.85 per share. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.70, for the quarter. Analysts' estimates typically exclude special items.

Fourth quarter total revenue declined to $116.43 million from $128.0 million, last year. Analysts on average had estimated $122.39 million in revenue.

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