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FB Financial Corporation - FBK STOCK NEWS

Welcome to our dedicated page for FB Financial Corporation news (Ticker: FBK), a resource for investors and traders seeking the latest updates and insights on FB Financial Corporation stock.

FB Financial Corporation (FBK) is a prominent bank holding company, operating primarily through its wholly-owned subsidiary, FirstBank. As the third-largest Tennessee-based bank, FirstBank boasts 45 banking locations throughout Tennessee and mortgage offices spanning the Southeast. The institution serves every major metropolitan area in Tennessee, offering a comprehensive suite of financial services and products.

FB Financial Corporation focuses on two main segments: Banking and Mortgage. The Banking segment caters to corporate, commercial, and consumer customers with a wide range of deposit and lending products and services. Conversely, the Mortgage segment specializes in servicing residential mortgage loans and the packaging and securitization of loans to governmental agencies.

With over $2.2 billion in total assets, FB Financial Corporation is well-capitalized to support its diverse financial offerings. The company has made significant strides in recent years, expanding its geographical footprint and enhancing its product lineup to better serve its growing customer base. This growth is a testament to its strategic partnerships and robust financial health.

FB Financial Corporation continues to strengthen its market presence through innovative financial solutions and a customer-centric approach. The company's commitment to excellence has earned it a reputable standing among its clients and peers in the financial industry.

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FirstBank appoints former HCA Healthcare Chairman and CEO, Milton Johnson, to its board of directors and FB Financial Corporation. Johnson's extensive experience in the healthcare industry and leadership roles positions him to contribute to the strategic growth and success of the bank. His appointment will be effective on March 1, 2024.
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FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.17 per share, payable on February 27, 2024. This marks the 24th consecutive quarterly dividend and represents a 13% increase compared to prior quarters. President and CEO, Christopher T. Holmes, expressed the company's commitment to building long-term shareholder value through cash dividends.
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Treasury Prime announces a strategic partnership between FirstBank and High Circle, offering high-yield commercial checking accounts with up to $125M in FDIC insurance and ACH and wire transfer capabilities. High Circle clients can earn up to 4.00% annual percentage yield and access luxury rewards, transforming the financial landscape for affluent and high-net-worth individuals.
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FB Financial Corporation (FBK) reported a net income of $29.4 million for Q4 2023, with diluted EPS of $0.63 and adjusted diluted EPS of $0.77. The company's loans held for investment grew to $9.41 billion, and deposits were $10.55 billion. Net interest margin increased to 3.46%, and the Company's book value per common share increased by 23.6% from the previous quarter. The company's core noninterest income, expense management, and credit quality were also discussed in the report.
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FB Financial Corporation (FB Financial) (NYSE:FBK) will release its 2023 fourth quarter and year end results of operations on January 16, 2024, and host a conference call to discuss the results. Investors and analysts can attend the call or access a telephonic replay and live online broadcast.
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FB Financial Corporation (NYSE: FBK) declares quarterly cash dividend of $0.15 per share, payable on November 21, 2023. This marks the 23rd consecutive quarter of paying cash dividends.
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FB Financial Corporation reports Q3 diluted EPS of $0.41, adjusted diluted EPS of $0.71. Net income of $19.2 million. Deposits decrease to $10.64 billion. Loans held for investment remain stable. NIM increases to 3.42%. Expense reductions and balance sheet enhancements expected in Q4.
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FB Financial Corporation will release its 2023 third quarter results on October 16, 2023, with a conference call on October 17, 2023. A telephonic replay will be available until October 24, 2023. Online replay will be available for 12 months.
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FB Financial Corporation announces 22nd consecutive quarterly dividend payment
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FAQ

What is the current stock price of FB Financial Corporation (FBK)?

The current stock price of FB Financial Corporation (FBK) is $55.83 as of November 15, 2024.

What is the market cap of FB Financial Corporation (FBK)?

The market cap of FB Financial Corporation (FBK) is approximately 2.6B.

What is FB Financial Corporation?

FB Financial Corporation (FBK) is a bank holding company operating through its wholly-owned subsidiary, FirstBank, offering banking and mortgage services.

Where is FB Financial Corporation based?

FB Financial Corporation is based in Tennessee, with FirstBank serving customers across the state and mortgage locations throughout the Southeast.

What services does FB Financial Corporation provide?

The company offers commercial and consumer banking services, including deposit and lending products, as well as servicing residential mortgage loans and loan securitization.

How many banking locations does FirstBank have?

FirstBank operates 45 banking locations across Tennessee.

What are the primary segments of FB Financial Corporation?

The primary segments of FB Financial Corporation are Banking and Mortgage.

How large is FB Financial Corporation's asset base?

FB Financial Corporation has total assets exceeding $2.2 billion.

What areas does FB Financial Corporation serve?

The company serves customers in Tennessee, North Alabama, and North Georgia.

What distinguishes FB Financial Corporation's mortgage segment?

The mortgage segment specializes in servicing residential mortgage loans and the packaging and securitization of loans to governmental agencies.

How has FB Financial Corporation grown recently?

The company has expanded its geographical footprint and enhanced its product offerings through strategic partnerships and financial robustness.

What characterizes FB Financial Corporation's approach to customer service?

FB Financial Corporation is known for its innovative financial solutions and customer-centric approach, earning a strong reputation in the financial industry.

FB Financial Corporation

NYSE:FBK

FBK Rankings

FBK Stock Data

2.60B
46.66M
25.29%
66.5%
1.09%
Banks - Regional
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United States of America
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