FB Financial Corporation (FBK)

In the past six months, FB Financial completed its merger with Southern States Bancshares, Inc. on July 1, 2025. The company reported its second-quarter 2025 financial results on July 14, 2025, and its third-quarter results on October 14, 2025. FB Financial declared a regular quarterly cash dividend of $0.19 per share, payable on November 25, 2025. The company announced a $150 million common stock repurchase authorization on September 15, 2025. Several brokerages adjusted their ratings and price targets for FBK, with Keefe, Bruyette & Woods upgrading FB Financial to "outperform" and Piper Sandler and Cantor Fitzgerald increasing their target prices. Wall Street Zen also raised FB Financial from a "sell" to a "hold" rating. In September 2025, FB Financial appointed Clayton (Clay) W. Hart to lead the Nashville Market.

The demand for FB Financial's products and services can be influenced by market conditions, potentially reducing low-cost deposits. While specific seasonal patterns for FBK's products and services were not provided, the banking industry generally experiences seasonality, such as higher mortgage activity during warmer months.

FB Financial Corporation is a bank holding company based in Nashville, Tennessee, operating in the Financial Services sector. It conducts business through its subsidiary, FirstBank, offering commercial and consumer banking services, including checking, savings, and money market accounts, as well as various lending products like real estate, commercial, and consumer loans. The company also provides mortgage banking, trust, insurance, investment services, and online/mobile banking.

FB Financial Corporation, through FirstBank, operates across Tennessee, Alabama, Kentucky, and Georgia. As of July 1, 2025, following its merger with Southern States Bancshares, Inc., the company operates 93 full-service bank branches and has approximately $16 billion in total assets. It also maintains mortgage offices throughout the Southeast.

FB Financial has taken steps to positively impact its brand reputation, including strengthening its executive team and appointing a new lead for the Nashville market. The consistent declaration of quarterly dividends and the successful completion of the merger with Southern States Bancshares, Inc. also reflect positively on the company.

Institutional investors and hedge funds own 65.40% of FB Financial Corporation's stock. Peregrine Capital Management LLC increased its holdings by 3.5% in the second quarter of 2025, and VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position. Invesco Ltd. increased its stake by 93.9% in the first quarter of 2025, and 12th Street Asset Management Company LLC increased its stake by 1.5%.