FB Financial (FBK) financial statements
FB Financial reported revenue of $560M in fiscal 2025, up 9.1% a year over 9 years.
Net income was $123M.
Free cash flow was $147M, and the company returned $38M in dividends and $156M in net buybacks.
The diluted share count rose 159% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from FB Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $256M | $295M | $335M | $361M | $568M | $576M | $527M | $478M | $456M | $560M |
| Interest expense | $10M | $16M | $36M | $57M | $49M | $38M | $69M | $271M | — | — |
| Pre-tax income | $62M | $73M | $106M | $110M | $82M | $243M | $160M | $150M | $147M | $139M |
| Income tax | $22M | $21M | $26M | $26M | $19M | $53M | $35M | $30M | $31M | $16M |
| Net income | $41M | $52M | $80M | $84M | $64M | $190M | $125M | $120M | $116M | $123M |
| EPS (diluted) | $2.10 | $1.86 | $2.55 | $2.65 | $1.67 | $3.97 | $2.64 | $2.57 | $2.48 | $2.45 |
| Diluted shares | 19M | 28M | 31M | 31M | 38M | 48M | 47M | 47M | 47M | 50M |
| Net margin | 15.9% | 17.8% | 24.0% | 23.2% | 11.2% | 33.1% | 23.6% | 25.2% | 25.5% | 21.9% |
Balance sheet
Fiscal years, from FB Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $136M | $120M | $125M | $233M | $1.3B | $1.8B | $1.0B | $811M | $1.0B | $1.2B |
| Property, plant and equipment | $67M | $82M | $87M | $90M | $145M | $144M | $146M | $156M | $149M | $182M |
| Goodwill | $47M | $137M | $137M | $169M | $243M | $243M | $243M | $243M | $243M | $350M |
| Total assets | $3.3B | $4.7B | $5.1B | $6.1B | $11.2B | $12.6B | $12.8B | $12.6B | $13.2B | $16.3B |
| Total liabilities | $2.9B | $4.1B | $4.5B | $5.4B | $9.9B | $11.2B | $11.5B | $11.1B | $11.6B | $14.4B |
| Shareholders' equity | $330M | $597M | $672M | $762M | $1.3B | $1.4B | $1.3B | $1.5B | $1.6B | $1.9B |
| Net debt | -$136M | -$120M | -$125M | -$233M | -$1.3B | -$1.8B | -$1.0B | -$811M | -$1.0B | -$1.2B |
Cash flow
Fiscal years, from FB Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$245M | $38M | $212M | $64M | -$270M | $55M | $800M | $211M | $139M | $156M |
| Capital spending | $5M | $5M | $10M | $7M | $6M | $6M | $11M | $20M | $7M | $9M |
| Free cash flow | -$250M | $33M | $202M | $57M | -$276M | $49M | $789M | $191M | $132M | $147M |
| Stock-based compensation | $5M | $7M | $7M | $7M | $10M | $10M | $10M | $10M | $9M | $17M |
| Dividends paid | $69M | $0 | $6M | $10M | $14M | $22M | $25M | $28M | $32M | $38M |
| Share buybacks (net) | — | -$241M | -$492M | $0 | $0 | -$8M | -$40M | -$5M | -$13M | -$156M |
| Net borrowing | $120M | $24M | $0 | $0 | $98M | — | — | — | — | — |
| Free cash flow margin | -97.8% | 11.2% | 60.4% | 15.8% | -48.6% | 8.5% | 149.8% | 39.9% | 29.0% | 26.3% |
| Dividends per share | $3.59 | — | $0.20 | $0.32 | $0.37 | $0.45 | $0.52 | $0.60 | $0.68 | $0.76 |
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Open FBK in InvestinglyQuestions
What was FB Financial's revenue in 2025?
$560M in fiscal 2025, from its 10-K filing.
How much free cash flow does FB Financial generate?
$147M in fiscal 2025 (operating cash flow minus capital spending).
From FB Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.