Fb Financial Intrinsic Value Calculator – Zurcher Kantonalbank reduces stake in FB Financial Co. by nearly 30% in 2nd quarter
September 11, 2024
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FB ($NYSE:FBK) Financial Co. is a financial services company that offers a range of banking and mortgage products to individuals, businesses, and government entities in the United States. As of the second quarter of 2020, Zurcher Kantonalbank Zurich Cantonalbank, one of the largest banks in Switzerland, held a significant stake in FB Financial Co.
However, according to recent reports, Zurcher Kantonalbank has reduced its holdings in the company by nearly 30%. So why did Zurcher Kantonalbank decide to reduce its stake in FB Financial Co.? One possible reason could be the uncertain economic conditions caused by the pandemic. With many businesses struggling and consumers facing financial hardships, Zurcher Kantonalbank may have felt it was necessary to decrease its exposure to the financial sector. This recent reduction brings their total stake in the company down to just over 4%. Despite these changes in ownership, FB Financial Co. remains a solid investment option for many investors. Its strong financial performance and stable business model make it a resilient player in the financial industry. The company also continues to expand its operations, recently announcing plans to acquire FSB Bancshares, Inc., a bank holding company based in Tennessee. In conclusion, while Zurcher Kantonalbank’s decision to reduce its stake in FB Financial Co. may raise some eyebrows, it does not necessarily reflect the overall performance or potential of the company. FB Financial Co. is still a strong player in the financial industry and remains an attractive investment option for those looking for stability and potential growth in their portfolio.
Analysis – Fb Financial Intrinsic Value Calculator
After conducting a thorough analysis of FB FINANCIAL‘s fundamentals, GoodWhale has determined that the company’s stock is currently overvalued. Our proprietary Valuation Line, which takes into account various financial metrics such as earnings, cash flow, and assets, has calculated a fair value of around $34.1 for FB FINANCIAL shares. However, at its current trading price of $45.47, the stock is overvalued by 33.5%. Our analysis of FB FINANCIAL’s fundamentals reveals that the company may not be performing as well as its stock price suggests. While the company may have strong earnings or cash flow, other factors such as debt levels, competition, and market trends must also be taken into consideration when valuing a stock. Based on these factors, our Valuation Line indicates that FB FINANCIAL’s stock is currently overpriced. Investors should be cautious when considering purchasing FB FINANCIAL shares at their current price. While the company may have potential for growth and success in the future, it is important to weigh the current valuation against potential risks and uncertainties. As always, it is important to conduct your own research and consult with a financial advisor before making any investment decisions. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fb Financial. More…
| Total Revenues | Net Income | Net Margin |
| – | 120.22 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fb Financial. More…
| Operations | Investing | Financing |
| 789.33 | -1.74k | 184.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fb Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.6k | 11.15k | – |
Key Ratios Snapshot
Some of the financial key ratios for Fb Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -5.6% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
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
Zurcher Kantonalbank Zurich Cantonalbank has decreased its ownership in FB Financial Co. by almost 30% during the second quarter. This move suggests that the bank may have a negative outlook on the company’s future performance. It could also indicate a shift in investment strategy or a need for capital in other areas. Investors should take note of this change and closely monitor the stock’s performance.
It is important to conduct thorough research and analysis before investing in any company, taking into consideration market trends and expert opinions. Diversifying portfolios and keeping a close eye on changes in ownership can also help mitigate potential risks in the investment process.
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