FB Financial Insiders Bet Big, Placing Bullish Bets Worth US$4.37m

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Investors at FB ($NYSE:FBK) Financial have been placing big bets on the company’s stock. Insiders at the company recently placed bullish trades valued at US$4.37 million. FB Financial is a financial services company offering a range of services, including banking, asset management and global markets. The company is headquartered in London and serves customers across Europe and the Middle East. The recent injection of funds from insiders is seen as a vote of confidence in the company from those who know it best.

This positive news is likely to be welcomed by shareholders and potential investors alike, as it indicates that FB Financial is in good health and is headed for future success. The bullish trades are an encouraging sign and may well be the start of a trend of successful investments for this financial services giant.

Share Price

Investors in FB FINANCIAL are feeling bullish, as insiders have placed bets totaling US$4.37m in the company’s stock. On Friday, FB FINANCIAL opened at $40.6 and closed at $39.8, a decrease of 2.2% compared to its previous closing price of 40.8. This significant level of insider buying likely indicates that those in the know have high confidence in the future potential of FB FINANCIAL’s stock. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Fb Financial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Fb Financial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Fb Financial. More…

Key Ratios Snapshot

Some of the financial key ratios for Fb Financial are shown below. More…

Analysis

GoodWhale has conducted an analysis of FB FINANCIAL‘s health. Our Star Chart gave FB FINANCIAL a high health score of 9/10, noting its strong cashflows and debt capabilities. The company was strong in growth, asset, and dividend, and medium in profitability. We classified FB FINANCIAL as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. Given the company’s strong financial position, investors with an appetite for moderate risk may find FB FINANCIAL a desirable investment opportunity. It’s relatively low debt-to-equity ratio and ability to fund future operations make it an attractive long-term option for those seeking to diversify their portfolios. Furthermore, its dividends make it a great choice for income-seeking investors looking for a steady flow of income. More…

Peers

The company operates through three segments: Retail Banking, Commercial Banking, and Mortgage Banking. The Retail Banking segment offers deposit products, such as checking, savings, and money market accounts, as well as consumer and commercial loans. The Commercial Banking segment provides loans to small and medium-sized businesses, and the Mortgage Banking segment offers residential mortgage loans. FB Financial Corp competes with Bank Of Idaho Holding Co, Fcn Banc Corp, Third Century Bancorp.

– Bank Of Idaho Holding Co ($OTCPK:BOID)

Bank of Idaho Holding Company is a bank holding company headquartered in Idaho Falls, Idaho. The company operates through its subsidiary, Bank of Idaho. Bank of Idaho is a full-service community bank offering personal and business banking products and services in Idaho. The company was founded in 1915 and has assets of approximately $1.3 billion.

– Fcn Banc Corp ($OTCPK:FBVI)

As of 2022, Three Century Bancorp has a market cap of 7.19M. The company is a bank holding company that operates through its subsidiary, Three Century Bank. The Bank offers a range of commercial and personal banking services to customers in central and southern California.

Summary

FB Financial Insiders have recently made bullish bets worth US$4.37 million on the company’s stock. This indicates that these insiders are expecting the share price of FB Financial to increase in the near future. To better understand the potential of this investment, investors should analyze the company’s financial statements, such as its income statement, balance sheet, and cash flow statement. From these documents, investors can gain insight into how profitable the company is and how it is using its money.

Additionally, investors should also compare the financials of FB Financial to those of similar companies in the industry to gain a better understanding of the company’s competitive position. In conclusion, FB Financial Insiders’ recent bullish bets suggest that the company may be worth investing in, however, investors should conduct further research and analysis to make an informed decision.