From MarketBeat:

FB Financial (NYSE:FBK) has been downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating. This follows other research analysts also issuing reports about the stock. Two analysts have rated the stock as a sell, three have issued a hold rating, and two have issued a buy rating to the stock. FB Financial Corporation operates as a bank holding company that provides commercial and consumer banking services, and it had a net margin of 17.82% and a return on equity of 10.63%. The financial services provider reported $0.71 EPS for the quarter, revenue of $108.97 million during the quarter, and analyst estimates of $122.74 million.
Shares of NYSE FBK traded down on Wednesday, hitting $40.45. The stock has a 1 year low of $24.34 and a high of $41.00. Hedge funds and other institutional investors have also been making adjustments to their stakes in FB Financial, with 63.91% of the stock currently being owned by institutional investors.

Institutional Inflows and Outflows
Finally, FB Financial Corporation operates as a bank holding company and provides a wide range of banking and mortgage services. The company has segments in Banking and Mortgage, offering checking, demand, money market, and savings accounts, among other services.

Note: This news article was created using narrative science technology and financial data from MarketBeat prior to being reviewed by MarketBeat’s editorial team.



Read more: FB Financial (NYSE:FBK) Downgraded to Sell at StockNews.com