FB Financial Corporation (FBK) Income Statement
FBK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFBK revenue and net income
Where FBK's revenue goes
2025Each bar shows an amount and its share of revenue. FBK kept 14.0% of revenue as net income.
FBK profit margins
FBK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.5% | +13.8% | +7.3% | +16.4% |
| Gross profit | +15.9% | +0.6% | +2.4% | +10.7% |
| Operating income | −5.6% | −4.6% | +10.9% | +10.5% |
| Net income | +5.7% | −0.5% | +14.0% | +9.9% |
| EPS (diluted) | +16.5% | +10.8% | +2.4% | +3.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FBK quarterly EPS vs estimates
FB Financial beat the analyst EPS estimate in 8 of the last 8 quarters.
FBK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $877.8M | $766.8M | $749.0M | $596.4M | $613.3M | $616.5M | $417.9M | $370.2M | $311.2M | $265.2M |
| Cost of revenue | $361.1M | $321.0M | $273.7M | $88.2M | −$3.4M | $157.0M | $63.6M | $40.9M | $15.4M | $8.1M |
| Gross profit | $516.7M | $445.7M | $475.2M | $508.2M | $616.6M | $459.5M | $354.4M | $329.3M | $295.8M | $257.1M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $245.8M | $190.8M | $211.7M | $222.7M | $262.2M | $243.8M | $161.2M | $150.0M | $143.0M | $127.5M |
| Total operating expenses | $378.2M | $299.1M | $325.0M | $348.6M | $373.6M | $377.1M | $244.8M | $223.5M | $222.3M | $194.8M |
| Operating income | $138.5M | $146.7M | $150.3M | $159.6M | $243.1M | $82.5M | $109.5M | $105.9M | $73.5M | $62.3M |
| Interest income | $833.9M | $725.5M | $651.2M | $481.4M | $385.0M | $314.6M | $282.5M | $239.6M | $169.6M | $120.5M |
| Interest expense | $317.8M | $309.0M | $271.2M | $69.2M | $37.6M | $49.0M | $56.5M | $35.5M | $16.3M | $9.5M |
| Income before taxes | $138.5M | $146.7M | $150.3M | $159.6M | $243.1M | $82.5M | $109.5M | $105.9M | $73.5M | $62.3M |
| Income taxes | $15.9M | $30.6M | $30.1M | $35.0M | $52.8M | $18.8M | $25.7M | $25.6M | $21.1M | $21.7M |
| Net income | $122.6M | $116.0M | $120.2M | $124.6M | $190.3M | $63.6M | $83.8M | $80.2M | $52.4M | $40.6M |
| EBITDA | $155.9M | $161.6M | $165.1M | $172.2M | $256.9M | $95.3M | $119.1M | $113.4M | $79.8M | $76.8M |
| EPS (diluted) | $3.96 | $3.40 | $3.01 | $2.91 | $3.78 | $3.51 | $2.83 | $2.61 | $2.11 | $1.13 |
| Gross margin | 58.9% | 58.1% | 63.5% | 85.2% | 100.5% | 74.5% | 84.8% | 89.0% | 95.1% | 97.0% |
| Operating margin | 15.8% | 19.1% | 20.1% | 26.8% | 39.6% | 13.4% | 26.2% | 28.6% | 23.6% | 23.5% |
| Net margin | 14.0% | 15.1% | 16.1% | 20.9% | 31.0% | 10.3% | 20.1% | 21.7% | 16.8% | 15.3% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $260.6M | $255.2M | $251.7M | $264.0M | $263.5M | $147.5M | $202.7M | $210.5M | $169.1M | $203.0M | $183.5M | $190.2M |
| Cost of revenue | $87.6M | $90.6M | $82.4M | $86.7M | $124.1M | $76.0M | $74.4M | $85.1M | $81.5M | $77.0M | $77.4M | $74.1M |
| Gross profit | $173.1M | $164.6M | $169.3M | $177.4M | $139.5M | $71.5M | $128.4M | $125.5M | $87.6M | $126.0M | $106.1M | $116.1M |
| Sales, general & admin | $69.2M | $55.9M | $72.7M | $75.7M | $70.4M | $48.8M | $50.8M | $47.5M | $49.5M | $48.1M | $45.8M | $50.2M |
| Total operating expenses | $96.0M | $91.5M | $95.2M | $107.5M | $109.9M | $81.3M | $79.5M | $75.3M | $76.2M | $75.1M | $71.9M | $80.2M |
| Operating income | $77.0M | $73.2M | $74.2M | $69.8M | $29.6M | −$9.7M | $48.8M | $50.1M | $11.4M | $50.9M | $34.2M | $35.9M |
| Interest income | — | $229.4M | $225.3M | $235.2M | $236.9M | $182.1M | $179.7M | $186.4M | $185.6M | $177.4M | $176.1M | $174.8M |
| Interest expense | $86.2M | $80.5M | $79.4M | $85.4M | $89.7M | $70.7M | $72.1M | $78.0M | $79.6M | $74.8M | $76.6M | $73.7M |
| Income before taxes | $77.0M | $73.2M | $74.2M | $69.8M | $29.6M | −$9.7M | $48.8M | $50.1M | $11.4M | $50.9M | $34.2M | $35.9M |
| Income taxes | $16.8M | $14.5M | $16.6M | $12.8M | $6.2M | −$12.7M | $9.5M | $12.2M | $1.2M | $10.9M | $6.3M | $6.5M |
| Net income | $60.2M | $58.6M | $57.5M | $57.0M | $23.4M | $2.9M | $39.4M | $37.9M | $10.2M | $40.0M | $27.9M | $29.4M |
| EBITDA | $77.0M | $78.0M | $79.2M | $80.4M | $34.9M | −$6.2M | $52.3M | $53.8M | $15.4M | $54.5M | $37.9M | $40.6M |
| EPS (diluted) | $1.21 | $1.14 | $1.12 | $1.16 | $1.07 | $0.88 | $0.85 | $0.85 | $0.86 | $0.84 | $0.85 | $0.77 |
| Gross margin | 66.4% | 64.5% | 67.3% | 67.2% | 52.9% | 48.5% | 63.3% | 59.6% | 51.8% | 62.1% | 57.8% | 61.1% |
| Operating margin | 29.6% | 28.7% | 29.5% | 26.4% | 11.2% | −6.6% | 24.1% | 23.8% | 6.7% | 25.1% | 18.7% | 18.9% |
| Net margin | 23.1% | 23.0% | 22.9% | 21.6% | 8.9% | 2.0% | 19.4% | 18.0% | 6.0% | 19.7% | 15.2% | 15.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FBK's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FBK financial results
In fiscal year 2025 (ended December 31, 2025), FB Financial reported revenue of $877.8 million, up 14.5% from the year before. It had net income of $122.6 million (up 5.7%), a net profit margin of 14.0%. Diluted earnings per share came to $3.96. Over five years revenue grew at an average rate of 7.3% a year.
See the FBK stock overview for the latest quote and news, or the FBK chart for price history and technical indicators.
FBK income statement FAQ
What is FB Financial's annual revenue?
FB Financial reported total revenue of $877.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 14.5% from $766.8 million the previous year.
Is FB Financial profitable?
Yes. FB Financial reported net income of $122.6 million in fiscal 2025, a net profit margin of 14.0%; its operating margin was 15.8%.
What is FB Financial's gross margin?
FB Financial's gross margin was 58.9% in fiscal 2025: for every $100 of revenue, FB Financial kept $59 after the direct cost of its products and services.
How fast is FB Financial growing?
Revenue grew 7.3% a year on average over the last five fiscal years, from $616.5 million to $877.8 million.
What are FB Financial's earnings per share?
FB Financial earned $3.96 per diluted share in fiscal 2025, compared with $3.40 a year earlier.
When does FB Financial's fiscal year end?
FB Financial's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.