FB Financial (FBK) Revenue & Revenue Breakdown


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FB Financial Revenue Highlights


Latest Revenue (Y)

$748.95M

Latest Revenue (Q)

$203.03M

Main Segment (Y)

Mortgage Banking

FB Financial Revenue by Period


FB Financial Revenue by Year

DateRevenueChange
2023-12-31$748.95M42.14%
2022-12-31$526.90M-8.46%
2021-12-31$575.63M1.43%
2020-12-31$567.51M57.02%
2019-12-31$361.43M7.98%
2018-12-31$334.71M13.52%
2017-12-31$294.85M15.34%
2016-12-31$255.63M39.34%
2015-12-31$183.46M36.73%
2014-12-31$134.18M14.82%
2013-12-31$116.86M-

FB Financial generated $748.95M in revenue during NA 2023, up 42.14% compared to the previous quarter, and up 223.76% compared to the same period a year ago.

FB Financial Revenue by Quarter

DateRevenueChange
2024-06-30$203.03M10.44%
2024-03-31$183.83M-4.04%
2023-12-31$191.57M75.80%
2023-09-30$108.97M-13.07%
2023-06-30$125.36M-1.45%
2023-03-31$127.20M-0.60%
2022-12-31$127.97M-4.49%
2022-09-30$133.98M-1.04%
2022-06-30$135.38M4.48%
2022-03-31$129.57M-9.37%
2021-12-31$142.97M-3.06%
2021-09-30$147.48M8.55%
2021-06-30$135.86M-9.00%
2021-03-31$149.31M-9.99%
2020-12-31$165.88M0.02%
2020-09-30$165.85M21.21%
2020-06-30$136.83M38.28%
2020-03-31$98.95M6.48%
2019-12-31$92.93M-3.65%
2019-09-30$96.45M7.16%
2019-06-30$90.00M9.68%
2019-03-31$82.06M4.37%
2018-12-31$78.62M-9.75%
2018-09-30$87.11M-0.13%
2018-06-30$87.22M6.76%
2018-03-31$81.70M-5.00%
2017-12-31$86.00M5.61%
2017-09-30$81.43M23.22%
2017-06-30$66.08M7.74%
2017-03-31$61.34M1.61%
2016-12-31$60.36M-15.67%
2016-09-30$71.58M7.29%
2016-06-30$66.71M17.09%
2016-03-31$56.98M15.33%
2015-12-31$49.41M2.10%
2015-09-30$48.39M-

FB Financial generated $203.03M in revenue during Q2 2024, up 10.44% compared to the previous quarter, and up 159.60% compared to the same period a year ago.

FB Financial Revenue Breakdown


FB Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Mortgage Banking$44.69M$73.58M$167.56M$255.33M$100.92M
Debit Card$10.28M$15.60M$19.90M$14.91M$12.16M
Deposit Account$12.15M$12.05M$10.03M$9.16M$9.48M
Investment Advisory, Management and Administrative Service$11.32M$8.87M$8.56M$7.08M$5.24M

FB Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Mortgage Banking (56.97%), Deposit Account (15.49%), Investment Advisory, Management and Administrative Service (14.43%), and Debit Card (13.11%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Deposit Account$3.17M$3.14M$2.96M$2.96M$3.19M$3.05M$3.02M$3.21M$2.91M$2.91M$2.82M$2.61M$2.27M$2.34M$2.58M$2.16M$1.86M$2.56M$2.66M$2.42M
Mortgage Banking$11.91M$12.59M$8.38M$12.00M$12.23M$12.09M$9.11M$12.38M$22.56M$29.53M$31.35M$45.38M$35.50M$55.33M$65.73M$84.69M$72.17M$32.74M$26.18M$29.19M
Investment Advisory, Management and Administrative Service$3.39M$3.23M$3.09M$3.07M$2.78M$2.38M$2.23M$2.23M$2.27M$2.13M$1.04M$2.51M$3.00M$2.01M$2.19M$1.83M$1.37M$1.70M$1.33M$1.34M
Debit Card$2.81M$2.94M$2.62M$2.64M$2.63M$2.40M$2.55M$2.61M$5.35M$5.09M$5.31M$4.87M$5.38M$4.34M$4.26M$3.91M$3.61M$3.13M$3.31M$3.19M

FB Financial's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Mortgage Banking (55.97%), Investment Advisory, Management and Administrative Service (15.92%), Deposit Account (14.88%), and Debit Card (13.22%).

FB Financial Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FFBCFirst Financial Ban$1.12B$314.22M
FBKFB Financial$748.95M$203.03M
FBMSFirst Bancshares$387.64M$91.03M
FMBHFirst Mid Bancshares$386.95M$111.11M
IBCPIndependent Bank$294.56M$81.63M
NFBKNorthfield Bancorp, Inc. (Staten Island, NY)$220.69M$63.08M
HTBIHomeTrust Bancshares$186.37M$73.53M
LBCLuther Burbank$178.91M$20.59M
HBCPHome Bancorp$178.87M$49.13M
FNWDFinward Bancorp$96.53M$24.70M
FBIZFirst Business Financial Services$89.23M$50.94M
FINWFinWise Bancorp$86.21M$23.46M
FFNWFirst Financial Northwest$80.93M$20.02M
EFSCEnterprise Financial Services$68.72M$227.14M
CWBCCommunity West Bancshares$61.39M$27.26M
GSBCGreat Southern Bancorp$46.29M$84.15M
OFEDOconee Federal Financial$16.61M$3.21M

FBK Revenue FAQ


FB Financial's yearly revenue for 2023 was $748.95M, representing an increase of 42.14% compared to 2022. The company's yearly revenue for 2022 was $526.9M, representing a decrease of -8.46% compared to 2021. FBK's yearly revenue for 2021 was $575.62M, representing an increase of 1.43% compared to 2020.

FB Financial's quarterly revenue for Q2 2024 was $203.02M, a 10.44% increase from the previous quarter (Q1 2024), and a 61.96% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $183.83M, a -4.04% decrease from the previous quarter (Q4 2023), and a 44.51% increase year-over-year (Q1 2023). FBK's quarterly revenue for Q4 2023 was $191.57M, a 75.80% increase from the previous quarter (Q3 2023), and a 49.70% increase year-over-year (Q4 2022).

FB Financial's revenue growth rate for the last 3 years (2021-2023) was 30.11%, and for the last 5 years (2019-2023) was 107.22%.

FB Financial's revenue streams in c 23 are Mortgage Banking, Debit Card, Deposit Account, and Investment Advisory, Management and Administrative Service. Mortgage Banking generated $44.69M in revenue, accounting 56.97% of the company's total revenue, down -39.26% year-over-year. Debit Card generated $10.28M in revenue, accounting 13.11% of the company's total revenue, down -34.09% year-over-year. Deposit Account generated $12.15M in revenue, accounting 15.49% of the company's total revenue, up 0.87% year-over-year. Investment Advisory, Management and Administrative Service generated $11.32M in revenue, accounting 14.43% of the company's total revenue, up 27.68% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of FB Financial was Mortgage Banking. This segment made a revenue of $44.69M, representing 56.97% of the company's total revenue.