FB Financial (FB Financial) Debt-to-Equity : 0.32 (As of Dec. 2023)

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What is FB Financial Debt-to-Equity?

FB Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. FB Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $468.4 Mil. FB Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,454.8 Mil. FB Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for FB Financial's Debt-to-Equity or its related term are showing as below:

FBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.36 Max: 0.67
Current: 0.29

During the past 11 years, the highest Debt-to-Equity Ratio of FB Financial was 0.67. The lowest was 0.16. And the median was 0.36.

FBK's Debt-to-Equity is ranked better than
74.53% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs FBK: 0.29

FB Financial Debt-to-Equity Historical Data

The historical data trend for FB Financial's Debt-to-Equity 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 Debt-to-Equity Chart

FB Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.45

0.23

0.16

0.37

0.32

FB Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.28	0.33	0.21	0.32	0.29

Competitive Comparison of FB Financial's Debt-to-Equity

For the Banks - Regional subindustry, FB Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FB Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FB Financial's Debt-to-Equity falls into.

FB Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FB Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	468.353)	/	1454.794
	=	0.32

FB Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	468.353)	/	1454.794
	=	0.32

FB Financial (NYSE:FBK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

FB Financial Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FB Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

FB Financial (FB Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FB Financial Corp (NYSE:FBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2J2:Germany

Address

211 Commerce Street, Suite 300, Nashville, TN, USA, 37201

Website

https://www.firstbankonline.com

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