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FB Financial (FB Financial) Net Charge Offs to Average Loans % : 0.02% (As of Mar. 2024)


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What is FB Financial Net Charge Offs to Average Loans %?

Net Charge Offs to Average Loans % is the net charge-offs divided by the average total loans during a specific period. This ratio measures the proportion of debt owed to a company that is unlikely to be recovered. A higher ratio means there’s more bad debt that is unlikely to be collected, which leads investors to believe it has a very risky portfolio.

FB Financial's Net Charge Offs to Average Loans % for the quarter that ended in Mar. 2024 was 0.02% , which is higher than -0.04% for the pervious quarter ended in Dec. 2023.

FB Financial's Net Charge Offs to Average Loans % for the annual that ended in Dec. 2023 was -0.01% , which is higher than -0.02% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for FB Financial's Net Charge Offs to Average Loans % or its related term are showing as below:

FBK's Net Charge Offs to Average Loans % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Net Charge Offs to Average Loans % only.

FB Financial Net Charge Offs to Average Loans % Historical Data

The historical data trend for FB Financial's Net Charge Offs to Average Loans % 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.

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FB Financial Net Charge Offs to Average Loans % Chart

FB Financial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Charge Offs to Average Loans %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Efficiency Overhead Ratio %
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FB FinancialQuarterly Data
Trend Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Charge Offs to Average Loans %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Efficiency Overhead Ratio %
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Competitive Comparison of FB Financial's Net Charge Offs to Average Loans %

For the Banks - Regional subindustry, FB Financial's Net Charge Offs to Average Loans %, along with its competitors' market caps and Net Charge Offs to Average Loans % 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  (NYSE:FBK) Net Charge Offs to Average Loans % Calculation

Net Charge Offs to Average Loans % is calculated as

Net Charge Offs to Average Loans %=Net Charge-offs / Average Total Loans

* 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.


FB Financial  (NYSE:FBK) Net Charge Offs to Average Loans % Explanation

A Net Charge-off (NCO) is the dollar amount representing the difference between gross charge-offs and any subsequent recoveries of delinquent debt. The bad debt often needs to be written off and classified as gross charge-off. If any money is recovered from that debt, the recovered amount needs to be subtracted from gross charge-off, which is how we get the net charge-off.

Net Charge Offs to Average Loans % represents the amount of debt that a company believes it will never collect and is an indicator of a financial institution's loan portfolio performance. A higher ratio, especially when compared to the previous period or to other banks, would suggest that there’s more bad debt that is unlikely to be collected and the loan portfolio may be too risky.


FB Financial Net Charge Offs to Average Loans % 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