FB Financial Q1 Revenue Miss Triggers 5% Stock Drop

FB Financial Corp reported Q1 adjusted EPS $1.12, beating consensus $1.10, but revenue $172.34 million missed $175.42 million expectations.
Net interest income fell to $145.97 million, NIM compressed to 3.94% due to lower asset yields after late‑2025 Fed funds rate cuts.
Loans held for investment rose 3.94% to $12.50 billion and deposits grew to $14.08 billion, while credit quality remained strong with 0.11% charge‑offs.
Shares dropped about 5.3% after the results, despite being named J.D. Power’s top South‑Central region bank for customer satisfaction.