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FB Financial (FB Financial) Total Assets : $12,604.4 Mil (As of Dec. 2023)


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What is FB Financial Total Assets?

FB Financial's Total Assets for the quarter that ended in Dec. 2023 was $12,604.4 Mil.

During the past 12 months, FB Financial's average Total Assets Growth Rate was -1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 5.60% per year. During the past 5 years, the average Total Assets Growth Rate was 20.10% per year. During the past 10 years, the average Total Assets Growth Rate was 24.30% per year.

During the past 11 years, FB Financial's highest 3-Year average Total Assets Growth Rate was 33.60%. The lowest was 5.60%. And the median was 26.95%.

Total Assets is connected with ROA %. FB Financial's annualized ROA % for the quarter that ended in Dec. 2023 was 0.94%. Total Assets is also linked to Revenue through Asset Turnover. FB Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


FB Financial Total Assets Historical Data

The historical data trend for FB Financial's Total Assets 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 Total Assets Chart

FB Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,124.92 11,207.33 12,597.69 12,847.76 12,604.40

FB Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets 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 13,101.15 12,887.40 12,489.63 12,604.40 12,548.32

FB Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

FB Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1454.887+11149.516
=12,604.4

FB Financial's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1454.887+11149.516
=12,604.4

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

FB Financial's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=117.476/( (12489.631+12604.403)/ 2 )
=117.476/12547.017
=0.94 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

FB Financial's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=116.427/( (12489.631+12604.403)/ 2 )
=116.427/12547.017
=0.01

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

FB Financial Total Assets Related Terms

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FB Financial (FB Financial) Business Description

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

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