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 47.42% per annum.
- FBK price at the close of April 29, 2025 was $43.06 and was lower than the bottom border of the primary price channel by $6.12 (12.44%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 47.52% per annum.
- FBK price at the close of April 29, 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: March 29, 2023
End date: March 3, 2025
a = 2.1146
b = 0.0011
s = 0.0798
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 47.42%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0798) – 1
= 37.60%
March 29, 2023 calculations
Top border of price channel:
Exp(Y733)
= Exp(a + b × X733 + 2 × s)
= Exp(a + b × 1,063 + 2 × s)
= Exp(2.1146 + 0.0011 × 1,063 + 2 × 0.0798)
= Exp(3.4044)
= $30.10
Bottom border of price channel:
Exp(Y733)
= Exp(a + b × X733 – 2 × s)
= Exp(a + b × 1,063 – 2 × s)
= Exp(2.1146 + 0.0011 × 1,063 – 2 × 0.0798)
= Exp(3.0852)
= $21.87
March 3, 2025 calculations
Top border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 + 2 × s)
= Exp(a + b × 1,768 + 2 × s)
= Exp(2.1146 + 0.0011 × 1,768 + 2 × 0.0798)
= Exp(4.1540)
= $63.69
Bottom border of price channel:
Exp(Y1,215)
= Exp(a + b × X1,215 – 2 × s)
= Exp(a + b × 1,768 – 2 × s)
= Exp(2.1146 + 0.0011 × 1,768 – 2 × 0.0798)
= Exp(3.8348)
= $46.28
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 47.42% per annum.
- FBK price at the close of April 29, 2025 was $43.06 and was lower than the bottom border of the primary price channel by $6.12 (12.44%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: November 6, 2024
End date: April 29, 2025
a = 6.9814
b = -0.0018
s = 0.0459
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0018) – 1
= -47.52%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0459) – 1
= 20.17%
November 6, 2024 calculations
Top border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 + 2 × s)
= Exp(a + b × 1,651 + 2 × s)
= Exp(6.9814 + -0.0018 × 1,651 + 2 × 0.0459)
= Exp(4.1568)
= $63.87
Bottom border of price channel:
Exp(Y1,138)
= Exp(a + b × X1,138 – 2 × s)
= Exp(a + b × 1,651 – 2 × s)
= Exp(6.9814 + -0.0018 × 1,651 – 2 × 0.0459)
= Exp(3.9731)
= $53.15
April 29, 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(6.9814 + -0.0018 × 1,825 + 2 × 0.0459)
= Exp(3.8494)
= $46.97
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(6.9814 + -0.0018 × 1,825 – 2 × 0.0459)
= Exp(3.6657)
= $39.08
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 47.52% per annum.
- FBK price at the close of April 29, 2025 was inside the secondary price channel.