FB Financial Corporation Declares Regular Quarterly Dividend

Rhea-AI Summary

FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.11 per share, payable on May 24, 2021, to shareholders of record as of May 10, 2021. This marks the company’s 13th consecutive quarterly dividend. CEO Christopher T. Holmes expressed confidence in the board's decision, emphasizing the commitment to enhancing long-term shareholder value through returning earnings via dividends. FBK operates as a bank holding company in Nashville, managing approximately $11.9 billion in assets across various states.

Positive

• Declared a quarterly cash dividend of $0.11 per share.
• 13th consecutive quarterly dividend indicates consistent shareholder returns.
• Company has $11.9 billion in total assets, showcasing stability.

Negative

• None.

FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.11 per share. The dividend is payable on May 24, 2021, to shareholders of record as of May 10, 2021.

Christopher T. Holmes, President and Chief Executive Officer, commented, “We are pleased with the board of directors’ decision to pay our 13^th consecutive quarterly dividend. We remain committed to building long-term shareholder value by returning a portion of the company’s earnings to shareholders through cash dividends.”

ABOUT FB FINANCIAL CORPORATION

FB Financial Corporation (NYSE: FBK) is a bank holding company headquartered in Nashville, Tennessee. FB Financial Corporation operates through its wholly owned banking subsidiary, FirstBank, the third largest Tennessee-headquartered community bank, with 81 full-service bank branches across Tennessee, Kentucky, North Alabama and North Georgia, and mortgage offices across the Southeast. FirstBank serves five of the largest metropolitan markets in Tennessee and has approximately $11.9 billion in total assets.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210430005426/en/

FAQ

What is the dividend amount declared by FBK?

FBK has declared a quarterly cash dividend of $0.11 per share.

When will the dividend be paid?

The dividend will be paid on May 24, 2021.

What is the record date for the dividend?

The record date for the dividend is May 10, 2021.

How many consecutive dividends has FBK paid?

FBK has paid its 13th consecutive quarterly dividend.

What is the total asset value of FB Financial Corporation?

FB Financial Corporation manages approximately $11.9 billion in total assets.