Demonstrações financeiras detalhadas de FB Financial Corporation (FBK): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
FB Financial Corporation registou receitas de $877.8M no último exercício, com um CAGR de 5 anos de 7.3%. O lucro líquido atingiu $122.6M, com CAGR de 5 anos de 14.0%.
Margens dos últimos 12 meses: margem bruta 62.9%, margem operacional 23.8%, margem líquida 19.0%.
Ao preço atual de $54.15, FBK negocia a um P/L de 14.60 e um ROE de 10.03%. A capitalização de mercado é de $2.8B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $265.2M | $311.2M | $370.2M | $417.9M | $616.5M | $613.3M | $596.4M | $749.0M | $766.8M | $877.8M |
| Custo da Receita | $8.1M | $15.4M | $40.9M | $63.6M | $157.0M | -$3.4M | $88.2M | $273.7M | $321.0M | $361.1M |
| Lucro Bruto | $257.1M | $295.8M | $329.3M | $354.4M | $459.5M | $616.6M | $508.2M | $475.2M | $445.7M | $516.7M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $127.5M | $143.0M | $150.0M | $161.2M | $243.8M | $262.2M | $222.7M | $211.7M | $190.8M | $245.8M |
| Despesas Operacionais | $194.8M | $222.3M | $223.5M | $244.8M | $377.1M | $373.6M | $348.6M | $325.0M | $299.1M | $378.2M |
| Lucro Operacional | $62.3M | $73.5M | $105.9M | $109.5M | $82.5M | $243.1M | $159.6M | $150.3M | $146.7M | $138.5M |
| EBITDA | $76.8M | $79.8M | $113.4M | $119.1M | $95.3M | $256.9M | $172.2M | $165.1M | $161.6M | $150.7M |
| Despesas com Juros | $9.5M | $16.3M | $35.5M | $56.5M | $49.0M | $37.6M | $69.2M | $271.2M | $309.0M | $317.8M |
| Lucro Antes de Impostos | $62.3M | $73.5M | $105.9M | $109.5M | $82.5M | $243.1M | $159.6M | $150.3M | $146.7M | $138.5M |
| Imposto | $21.7M | $21.1M | $25.6M | $25.7M | $18.8M | $52.8M | $35.0M | $30.1M | $30.6M | $15.9M |
| Lucro Líquido | $40.6M | $52.4M | $80.2M | $83.8M | $63.6M | $190.3M | $124.6M | $120.2M | $116.0M | $122.6M |
| LPA | $2.12 | $1.90 | $2.62 | $2.70 | $1.69 | $4.01 | $2.64 | $2.57 | $2.49 | $2.41 |
| LPA Diluído | $2.10 | $1.86 | $2.56 | $2.65 | $1.67 | $3.97 | $2.64 | $2.57 | $2.48 | $2.40 |
| Ações em Circulação (Diluídas) | $19.3M | $28.2M | $31.3M | $31.4M | $38.1M | $48.0M | $47.2M | $46.8M | $46.8M | $53.1M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $263.5M | $264.0M | $251.7M | $255.2M |
| Lucro Bruto | $139.5M | $177.4M | $169.3M | $164.6M |
| Lucro Operacional | $29.6M | $69.8M | $74.2M | $73.2M |
| EBITDA | $34.9M | $80.4M | $79.2M | $78.0M |
| Lucro Líquido | $23.4M | $57.0M | $57.5M | $58.6M |
| LPA | $0.44 | $1.07 | $1.11 | $1.14 |
| LPA Diluído | $0.43 | $1.07 | $1.10 | $1.14 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $123.3M | $53.6M | $94.0M | $101.6M | $1.20B | $1.67B | $816.5M | $727.6M | $916.7M | $942.5M |
| Investimentos de Curto Prazo | $582.2M | $536.3M | $655.7M | $688.4M | $1.17B | $1.68B | $1.47B | $978.2M | $826.7M | $613.2M |
| Contas a Receber | $7.3M | $16.8M | $23.6M | $39.1M | $70.4M | $98.4M | $87.2M | $95.2M | $112.6M | $58.6M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $715.0M | $609.1M | $776.6M | $833.6M | $2.45B | $3.46B | $2.37B | $1.81B | $1.87B | $1.63B |
| Imobilizado | $66.7M | $81.6M | $86.9M | $122.7M | $194.7M | $185.4M | $206.4M | $210.0M | $196.9M | $231.6M |
| Ágio | $46.9M | $137.2M | $137.2M | $169.1M | $242.6M | $242.6M | $242.6M | $242.6M | $242.6M | $350.4M |
| Ativos Intangíveis | $38.9M | $93.0M | $101.8M | $95.1M | $103.6M | $132.5M | $180.7M | $173.5M | $169.2M | $181.0M |
| Ativos Totais | $3.28B | $4.73B | $5.14B | $6.12B | $11.21B | $12.60B | $12.85B | $12.60B | $13.16B | $16.30B |
| Contas a Pagar | $632000 | $1.5M | $5.0M | $6.5M | $6.8M | $3.2M | $8.6M | $18.8M | $24.2M | $21.5M |
| Dívida de Curto Prazo | $171.6M | $233.0M | 0 | 0 | 0 | 0 | 0 | $108.8M | $13.5M | $99.9M |
| Passivos Circulantes | $2.85B | $3.91B | $4.18B | $4.96B | $9.50B | $10.86B | $10.88B | $10.69B | $11.28B | $14.06B |
| Dívida de Longo Prazo | $44.9M | $347.6M | $230.4M | $310.2M | $244.5M | $180.2M | $425.2M | $291.9M | $173.0M | $122.8M |
| Passivos Totais | $2.95B | $4.13B | $4.46B | $5.36B | $9.92B | $11.16B | $11.52B | $11.15B | $11.59B | $14.35B |
| Reservas | $93.8M | $146.8M | $221.2M | $293.5M | $317.6M | $486.7M | $586.5M | $678.4M | $762.3M | $846.6M |
| Patrimônio Líquido | $330.5M | $596.7M | $671.9M | $762.3M | $1.29B | $1.43B | $1.33B | $1.45B | $1.57B | $1.95B |
| Dívida Total | $216.5M | $580.6M | $230.4M | $345.7M | $299.7M | $226.5M | $495.0M | $468.4M | $246.6M | $283.2M |
| Dívida Líquida | -$489.0M | -$9.3M | -$519.3M | -$444.2M | -$2.07B | -$3.12B | -$1.79B | -$1.24B | -$1.50B | -$1.27B |
| Capital de Giro | -$2.13B | -$3.30B | -$3.41B | -$4.12B | -$7.05B | -$7.40B | -$8.50B | -$8.88B | -$9.40B | -$12.43B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $1.28B | $942.5M | $159.9M | $147.0M |
| Ativos Totais | $16.24B | $16.30B | $16.47B | $16.80B |
| Passivos Totais | $14.26B | $14.35B | $14.49B | $14.86B |
| Patrimônio Líquido | $1.98B | $1.95B | $1.97B | $1.94B |
| Dívida Total | $276.3M | $283.2M | $272.3M | $372.5M |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $40.6M | $52.4M | $80.2M | $83.8M | $63.6M | $190.3M | $124.6M | $120.2M | $116.1M | $122.6M |
| Depreciação e Amortização | $14.4M | $6.3M | $7.5M | $9.5M | $12.9M | $13.9M | $12.6M | $14.8M | $14.9M | $17.4M |
| Compensação em Ações | $4.7M | $6.8M | $7.2M | $7.1M | $10.2M | $10.3M | $9.9M | $10.4M | $9.5M | $17.3M |
| Variação Capital de Giro | -$9.4M | $54.1M | -$39.1M | -$31.9M | -$11.1M | -$41.8M | $54.1M | -$5.6M | -$21.5M | -$15.6M |
| Fluxo de Caixa Operacional | -$245.2M | $37.6M | $212.2M | $63.9M | -$270.0M | $54.9M | $799.7M | $211.1M | $138.8M | $155.9M |
| CapEx | -$4.8M | -$4.5M | -$10.1M | -$6.8M | -$5.9M | -$6.1M | -$10.6M | -$20.2M | -$6.5M | -$8.8M |
| Aquisições | 0 | -$135.1M | 0 | $171.0M | $248.4M | 0 | 0 | 0 | 0 | $370.1M |
| Recompra de Ações | 0 | 0 | 0 | 0 | 0 | -$7.6M | -$40.0M | -$4.9M | -$12.7M | -$155.9M |
| Dividendos Pagos | -$69.3M | 0 | -$6.1M | -$10.0M | -$14.2M | -$20.9M | -$24.5M | -$28.1M | -$31.8M | -$37.9M |
| Fluxo de Caixa Livre | -$250.0M | $33.1M | $202.1M | $57.1M | -$275.9M | $48.8M | $789.1M | $190.8M | $132.3M | $147.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $47.7M | $52.8M | $31.0M | $75.5M |
| CapEx | -$2.1M | -$6.7M | -$1.7M | $1.7M |
| Fluxo de Caixa Livre | $45.6M | $46.1M | $29.3M | $77.2M |
| Dividendos Pagos | -$10.2M | -$10.2M | -$10.9M | -$10.8M |
| Compensação em Ações | $3.8M | $11.1M | $5.4M | 0 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +17.4% | +19.0% | +12.9% | +47.5% | -0.5% | -2.8% | +25.6% | +2.4% | +14.5% |
| Crescimento Lucro Líquido (anual) | | +29.1% | +53.1% | +4.5% | -24.1% | +199.1% | -34.5% | -3.5% | -3.5% | +5.7% |
| Crescimento LPA (anual) | | -10.4% | +37.9% | +3.1% | -37.4% | +137.3% | -34.2% | -2.7% | -3.1% | -3.2% |
| Variação de Ações (anual) | | +46.1% | +11.0% | +0.3% | +21.3% | +25.9% | -1.5% | -0.9% | +0.0% | +13.3% |
| Crescimento FCF (anual) | | +113.2% | +511.1% | -71.7% | -583.3% | +117.7% | +1517.8% | -75.8% | -30.7% | +11.2% |
| Margem Bruta | 97.0% | 95.1% | 89.0% | 84.8% | 74.5% | 100.5% | 85.2% | 63.5% | 58.1% | 58.9% |
| Margem Operacional | 23.5% | 23.6% | 28.6% | 26.2% | 13.4% | 39.6% | 26.8% | 20.1% | 19.1% | 15.8% |
| Margem EBITDA | 29.0% | 25.6% | 30.6% | 28.5% | 15.5% | 41.9% | 28.9% | 22.0% | 21.1% | 17.2% |
| Margem Líquida | 15.3% | 16.8% | 21.7% | 20.1% | 10.3% | 31.0% | 20.9% | 16.1% | 15.1% | 14.0% |
| Margem FCF | -94.3% | 10.6% | 54.6% | 13.7% | -44.8% | 8.0% | 132.3% | 25.5% | 17.2% | 16.7% |
| Taxa Efetiva de Imposto | 34.9% | 28.7% | 24.2% | 23.5% | 22.8% | 21.7% | 21.9% | 20.0% | 20.9% | 11.5% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $-12.94 | $1.17 | $6.45 | $1.82 | $-7.24 | $1.02 | $16.70 | $4.08 | $2.82 | $2.77 |
| Dividendo por Ação | $3.59 | $0.00 | $0.20 | $0.32 | $0.37 | $0.44 | $0.52 | $0.60 | $0.68 | $0.71 |
| Ações em Circulação (Básicas) | $19.2M | $27.6M | $30.7M | $30.9M | $37.6M | $47.4M | $47.1M | $46.8M | $46.7M | $53.1M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 10.03% |
| Retorno sobre capital investido | 1.17% |
| Retorno sobre ativos | 1.17% |
| Margem bruta | 62.91% |
| Margem operacional | 23.85% |
| Margem líquida | 19.00% |
Saúde financeira
| Dívida / Patrimônio | 0.19 |
| Liquidez corrente | 15.76 |
| Piotroski F-Score | 6 |
| Altman Z-Score | -0.64 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 12.24 | 22.10 | 13.37 | 14.66 | 20.55 | 10.93 | 13.69 | 15.51 | 20.69 | 23.15 |
| P/VP | 1.50 | 1.94 | 1.60 | 1.60 | 1.01 | 1.45 | 1.28 | 1.28 | 1.53 | 1.52 |
| P/V | 1.88 | 3.73 | 2.90 | 2.92 | 2.12 | 3.39 | 2.86 | 2.49 | 3.13 | 3.37 |
| Margem Bruta | 97.0% | 95.1% | 89.0% | 84.8% | 74.5% | 100.5% | 85.2% | 63.5% | 58.1% | 58.9% |
| Margem Operacional | 23.5% | 23.6% | 28.6% | 26.2% | 13.4% | 39.6% | 26.8% | 20.1% | 19.1% | 15.8% |
| Margem Líquida | 15.3% | 16.8% | 21.7% | 20.1% | 10.3% | 31.0% | 20.9% | 16.1% | 15.1% | 14.0% |