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FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.13 per share, payable on February 22, 2022, to shareholders of record as of February 8, 2022. This marks the company's 16th consecutive quarterly dividend, with a notable 18% increase compared to previous quarters. CEO Christopher T. Holmes expressed commitment to returning earnings to shareholders as part of their long-term value strategy.
Positive
Quarterly dividend increased by 18%
16th consecutive quarterly dividend payment
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None.
NASHVILLE, Tenn.--(BUSINESS WIRE)--
FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.13 per share. The dividend is payable on February 22, 2022, to shareholders of record as of February 8, 2022.
Christopher T. Holmes, President and Chief Executive Officer, commented, “We are pleased with the board of directors’ decision to pay our 16th consecutive quarterly dividend and are happy to be able to increase the dividend by 18% compared to prior quarters. 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 82 full-service bank branches across Tennessee, Kentucky, Alabama and North Georgia, and mortgage offices across the Southeast. FirstBank serves five of the largest metropolitan markets in Tennessee and has approximately $12.6 billion in total assets.
