FB Financial

Q2 FY2026 EarningsFY26 Q2 missed consensus expectations across most key profitability metrics: diluted EPS of $1.13 missed the $1.15 mean, and total revenue of $174.75M was 1.82% below the $177.99M expected. While the Net Interest Margin (NIM) beat expectations at 3.95% vs. 3.89% expected, driven by the Southern States merger and strong loan yields, results were weighed down by a significant miss in EBIT ($73.16M vs. $82.50M expected). This downside was primarily driven by higher-than-expected noninterest expenses and a $10.12M provision for credit losses, reflecting loan growth and individual reserve increases.