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FB Financial (FB Financial) Net Interest Margin (Bank Only) % : 3.74% (As of Dec. 2023)


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What is FB Financial Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. FB Financial's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $404.4 Mil. FB Financial's average earning assets for the quarter that ended in Dec. 2023 was $10,816.4 Mil. Therefore, FB Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 3.74%.


FB Financial Net Interest Margin (Bank Only) % Historical Data

The historical data trend for FB Financial's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FB Financial Net Interest Margin (Bank Only) % Chart

FB Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 3.65 3.63 3.91 3.72

FB Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.79 3.76 3.76 3.74 3.67

Competitive Comparison of FB Financial's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, FB Financial's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FB Financial's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FB Financial's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where FB Financial's Net Interest Margin (Bank Only) % falls into.



FB Financial Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

FB Financial's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=407.217/( (11010.679 + 10906.792)/ 2 )
=407.217/10958.7355
=3.72 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=210.536 + 9303.471 + 1496.672
=11010.679

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=83.324 + 9326.304 + 1497.164
=10906.792

FB Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=404.352/( (10725.987 + 10906.792)/ 2 )
=404.352/10816.3895
=3.74 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=129.885 + 9244.949 + 1351.153
=10725.987

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=83.324 + 9326.304 + 1497.164
=10906.792

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


FB Financial  (NYSE:FBK) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


FB Financial Net Interest Margin (Bank Only) % Related Terms

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FB Financial (FB Financial) Business Description

Industry
Traded in Other Exchanges
Address
211 Commerce Street, Suite 300, Nashville, TN, USA, 37201
FB Financial Corp is a bank holding company. The company through its wholly-owned bank subsidiary provides commercial and consumer banking services to clients in select markets in Tennessee, North Alabama, and North Georgia. The company segment includes Banking and Mortgage. It generates revenue from the Banking segment which provides a full range of deposit and lending products and services to corporate, commercial, and consumer customers. The Mortgage segment includes the servicing of residential mortgage loans and the packaging and securitization of loans to governmental agencies.
Executives
James W. Ayers director, 10 percent owner, officer: Executive Chairman C/O FB FINANCIAL CORPORATION, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Mark Hickman officer: Chief Human Resources Officer 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Carpenter William F Iii director C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Ingram Orrin H Ii director C/O FB FNIANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Jonathan Wade Pennington officer: Chief Accounting Officer C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Raja J. Jubran director 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Cross James W Iv director FRANKLIN FINANCIAL CORP, 230 PUBLIC SQUARE, FRANKLIN TN 37064
James Gregory Bowers officer: Chief Credit Officer C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Wilburn J. Evans officer: President FirstBank Ventures C/O FB FINANCIAL CORPORATION, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Agenia Clark director C/O FB FINANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Charles Wright Pinson director C/O FB FINANCIAL CORPORATION, 1221 BROADWAY, SUITE 1300, NASHVILLE TN 37203
Aimee T Hamilton officer: Chief Risk Officer 2800 POST OAK BOULEVARD, SUITE 100, HOUSTON TX 77056
Keith S Rainwater officer: Principal Accounting Officer C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Timothy L. Johnson officer: Chief Risk Officer C/O FB FINANCIAL CORPORATION, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Beth W Sims officer: General Counsel and Corp. Sec. 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201