NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — FB Financial Corp. (FBK) on Wednesday reported fourth-quarter earnings of $57 million.
The Nashville, Tennessee-based bank said it had earnings of $1.07 per share. Earnings, adjusted for non-recurring costs, came to $1.16 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The bank holding company posted revenue of $264 million in the period. Its revenue net of interest expense was $178.6 million, also exceeding Street forecasts.
For the year, the company reported profit of $122.6 million, or $2.45 per share. Revenue was reported as $560 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FBK at https://www.zacks.com/ap/FBK
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