FB Financial Corporation Increases Regular Quarterly Dividend

Rhea-AI Summary

FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.15 per share, marking its 20^th consecutive dividend payment. This 15% increase compared to previous quarters highlights the company's commitment to delivering shareholder value. The dividend is payable on February 21, 2023, to shareholders of record as of February 7, 2023. With total assets amounting to approximately $12.8 billion, FB Financial operates through its subsidiary, FirstBank, across multiple states including Tennessee, Kentucky, Alabama, and North Georgia.

Positive

• Declared a quarterly cash dividend of $0.15 per share.
• 15% increase in dividend compared to prior quarters.
• Commitment to long-term shareholder value with consistent dividends.
• Total assets of approximately $12.8 billion.

Negative

• None.

NASHVILLE, Tenn.--(BUSINESS WIRE)-- FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.15 per share. The dividend is payable on February 21, 2023, to shareholders of record as of February 7, 2023.

Christopher T. Holmes, President and Chief Executive Officer, commented, “We are pleased with the board of directors’ decision to pay our 20^th consecutive quarterly dividend and are happy to be able to increase the dividend by 15% 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 financial holding company headquartered in Nashville, Tennessee. FB Financial Corporation operates through its wholly owned banking subsidiary, FirstBank with 82 full-service bank branches across Tennessee, Kentucky, Alabama and North Georgia, and mortgage offices across the Southeast. FirstBank has approximately $12.8 billion in total assets.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230126005364/en/

MEDIA CONTACT:

Jeanie M. Rittenberry

615-313-8328

jrittenberry@firstbankonline.com

www.firstbankonline.com

FINANCIAL CONTACT:

Michael Mettee

615-564-1212

mmettee@firstbankonline.com

investorrelations@firstbankonline.com

Source: FB Financial Corporation

FAQ

What is the amount of the dividend declared by FB Financial Corporation?

FB Financial Corporation declared a dividend of $0.15 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 21, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is February 7, 2023.

How much has the dividend increased compared to previous quarters?

The dividend has increased by 15% compared to prior quarters.

What are the total assets of FB Financial Corporation?

FB Financial Corporation has approximately $12.8 billion in total assets.