FB Financial Corp (FBK)
FB Financial Corporation is a banking holding company for FirstBank offering a pool of commercial and consumer banking companies, professionals and individuals. The company is headquartered in Nashville, Tennessee.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 47.96% per annum.
- FBK price at the close of March 31, 2025 was $46.36 and was lower than the bottom border of the primary price channel by $1.52 (3.17%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 37.41% per annum.
- FBK price at the close of March 31, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of FBK price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: April 4, 2023
End date: March 3, 2025
a = 2.0681
b = 0.0011
s = 0.0791
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 47.96%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0791) – 1
= 37.21%
April 4, 2023 calculations
Top border of price channel:
Exp(Y757)
= Exp(a + b × X757 + 2 × s)
= Exp(a + b × 1,098 + 2 × s)
= Exp(2.0681 + 0.0011 × 1,098 + 2 × 0.0791)
= Exp(3.4047)
= $30.11
Bottom border of price channel:
Exp(Y757)
= Exp(a + b × X757 – 2 × s)
= Exp(a + b × 1,098 – 2 × s)
= Exp(2.0681 + 0.0011 × 1,098 – 2 × 0.0791)
= Exp(3.0884)
= $21.94
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 + 2 × s)
= Exp(a + b × 1,797 + 2 × s)
= Exp(2.0681 + 0.0011 × 1,797 + 2 × 0.0791)
= Exp(4.1549)
= $63.75
Bottom border of price channel:
Exp(Y1,235)
= Exp(a + b × X1,235 – 2 × s)
= Exp(a + b × 1,797 – 2 × s)
= Exp(2.0681 + 0.0011 × 1,797 – 2 × 0.0791)
= Exp(3.8386)
= $46.46
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 47.96% per annum.
- FBK price at the close of March 31, 2025 was $46.36 and was lower than the bottom border of the primary price channel by $1.52 (3.17%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 6, 2024
End date: March 31, 2025
a = 6.1968
b = -0.0013
s = 0.0332
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -37.41%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0332) – 1
= 14.21%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 + 2 × s)
= Exp(a + b × 1,680 + 2 × s)
= Exp(6.1968 + -0.0013 × 1,680 + 2 × 0.0332)
= Exp(4.1065)
= $60.74
Bottom border of price channel:
Exp(Y1,158)
= Exp(a + b × X1,158 – 2 × s)
= Exp(a + b × 1,680 – 2 × s)
= Exp(6.1968 + -0.0013 × 1,680 – 2 × 0.0332)
= Exp(3.9737)
= $53.18
March 31, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(6.1968 + -0.0013 × 1,825 + 2 × 0.0332)
= Exp(3.9204)
= $50.42
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.1968 + -0.0013 × 1,825 – 2 × 0.0332)
= Exp(3.7876)
= $44.15
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 37.41% per annum.
- FBK price at the close of March 31, 2025 was inside the secondary price channel.