10-Q · May 14, 2026
FB Bancorp, Inc. faced a challenging quarter ending March 31, 2026, with net income from continuing operations falling to $494,000 from $1.4 million year-over-year. Revenue remains under pressure, though total interest…
Earnings analysis · 10-Q
FBLA earnings analysis
Filed August 13, 2026 · Our reading of the company's report
The latest report
FB Bancorp’s Q2 2026 operating trend was weaker: revenue was $14.139 million versus $18 million in Q1 2026 and $22 million in Q2 2025, while continuing-operations EPS declined to $0.05 from $0.06 year over year. Total…
Read full summary
FB Bancorp’s Q2 2026 operating trend was weaker: revenue was $14.139 million versus $18 million in Q1 2026 and $22 million in Q2 2025, while continuing-operations EPS declined to $0.05 from $0.06 year over year. Total diluted EPS was $0.00 and the company reported a $70 thousand net loss because of discontinued operations. Commercial loan growth and lower non-performing loans were positives, and the company repurchased 946,813 shares at $14.01, but no numeric financial guidance was provided and the filing reported 0 material changes to prior risk factors.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.05
What stood out
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Revenue declined sequentially and year over year
Q2 2026 revenue was $14.139 million, down from $18 million in Q1 2026 and $22 million in Q2 2025, indicating sequential and year-over-year contraction.
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Core earnings remained positive
Continuing-operations EPS was $0.05 versus $0.06 in Q2 2025. The company also reported total diluted EPS of $0.00 and a $70 thousand net loss, reflecting the effect of discontinued operations.
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Meaningful share repurchases continued
The company repurchased 946,813 shares during the quarter at an average price of $14.01 per share, supporting per-share value despite the earnings pressure.
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New 10% repurchase authorization
The June 2026 Repurchase Plan authorized 1,606,837 shares, approximately 10% of shares outstanding; 120,197 shares had been repurchased under the plan as of August 12, 2026.
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Credit and commercial lending trends improved
Non-performing loans declined and commercial loan growth continued, according to the quarter’s reported operating commentary, although the filing did not provide segment-level revenue data.
What to watch
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Discontinued operations still weigh on results
Total diluted EPS was $0.00 and the company recorded a $70 thousand net loss, as discontinued operations offset profitability from continuing operations.
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Revenue and earnings momentum weakened
Revenue fell to $14.139 million from $22 million a year earlier, while continuing-operations EPS declined to $0.05 from $0.06, indicating weaker operating momentum.
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Capital allocation and liquidity tradeoff
The company repurchased 946,813 shares at an average price of $14.01 and had 120,197 shares remaining repurchased under the new plan as of August 12; continued buybacks could constrain capital available for balance-sheet or lending needs.
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No new risk-factor disclosures
Item 1A states there were 0 material changes to the risk factors disclosed in the December 31, 2025 Form 10-K; no newly disclosed risk mitigants or exposures were identified.
Management's outlook
No numeric revenue or EPS outlook was provided. Management expects remaining discontinued-operation losses to be significantly less during the final months of 2026.
Earlier filings 4
10-K · March 26, 2026
FB Bancorp completed its conversion and stock offering in October 2024 (19,837,500 shares at $10 for gross proceeds of $198,375,000) and, at December 31, 2025, operated a $744.9M loan portfolio with a strategic emphasis…
10-Q · November 12, 2025
FB Bancorp reported Q3 2025 total revenue of $18.735M and net income of $1.080M (EPS $0.06). Revenue rose 11.6% year-over-year (Q3 2025 $18.735M vs Q3 2024 $16.795M) but declined sequentially from Q2 2025 ($22.0M) by…
10-Q · August 14, 2025
FB Bancorp reported Q2 2025 total revenue of $18.111 million and net income of $0.879 million (EPS $0.05). Revenue declined sharply both sequentially and year-over-year, driven by a drop in non-interest income (notably…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.