Street Calls of the Week
FB Financial Corporation (NYSE:FBK), a Nashville-based financial institution with a market capitalization of $2.89 billion, redeemed all of its outstanding 4.50% Fixed-to-Floating Rate Subordinated Notes due 2030 on Tuesday. According to InvestingPro data, the company maintains a healthy debt-to-equity ratio of 0.15, reflecting its prudent debt management approach. According to a statement filed with the Securities and Exchange Commission, the company paid a redemption price equal to 100% of the principal amount, plus accrued and unpaid interest up to but not including the redemption date.
The notes were originally issued on August 31, 2020. The redemption was completed in accordance with the terms of the notes. FB Financial is based in Nashville, Tennessee.
This information is based on a press release statement contained in the company’s SEC filing.
In other recent news, FB Financial Corp reported its second-quarter earnings for 2025, revealing a significant revenue shortfall. The company posted an adjusted earnings per share (EPS) of $0.88, which aligned with analysts’ expectations. However, the actual revenue came in at $76.86 million, which was well below the projected $136.37 million, marking a revenue surprise of -43.64%. This revenue miss stands out as a major development for the company. Additionally, analysts from various firms have been closely monitoring these results. The earnings release has prompted further scrutiny of FB Financial’s financial performance. These recent developments are crucial for investors to consider when evaluating the company’s current financial standing.
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