Welcome to our dedicated page for Fb Financia news (Ticker: FBK), a resource for investors and traders seeking the latest updates and insights on Fb Financia stock.
FB Financial Corporation (NYSE: FBK) is a bank holding company for FirstBank, a commercial bank that provides commercial and consumer banking services and operates in the finance and insurance sector. Through its public news releases, the company regularly communicates with investors and the market about its financial performance, strategic transactions and capital management decisions.
News about FB Financial often centers on its quarterly and annual financial results. Earnings press releases, which are also furnished on Form 8-K, provide details on net income, net interest income, net interest margin, noninterest income, credit quality metrics and capital ratios. These releases also discuss non-GAAP measures such as adjusted net income, adjusted pre-tax, pre-provision net revenue and core efficiency ratio, with references to reconciliations available in financial supplements.
Another recurring news theme is strategic growth and mergers. In July 2025, FB Financial announced the closing of its merger with Southern States Bancshares, Inc., describing the exchange ratio for Southern States shareholders, the cessation of trading in Southern States shares and the combined company’s approximate total assets and branch count. Subsequent news and earnings releases explain how this merger affected loans, deposits and merger-related costs.
FB Financial also issues news releases on capital management actions, such as the renewal of a stock repurchase plan authorizing the repurchase of up to a specified dollar amount of common stock and the redemption of subordinated notes. Additional announcements cover dividend declarations, conference call and webcast details for upcoming earnings calls, and executive leadership changes, including new roles and management realignments reported in conjunction with Form 8-K filings.
Investors and analysts following FBK news can use this page to monitor the company’s earnings announcements, merger updates, stock repurchase and capital actions, regulatory developments and management changes, as reported through Business Wire releases and related SEC filings.
FB Financial (NYSE: FBK) and Southern States Bancshares have announced a definitive merger agreement, with Southern States merging into FB Financial. The transaction is valued at approximately $381 million, with Southern States shareholders receiving 0.800 shares of FB Financial common stock for each Southern States share.
Southern States, headquartered in Anniston, Alabama, brings 15 branches across Alabama and Georgia, plus two loan production offices in Atlanta MSA. As of December 31, 2024, Southern States reported total assets of $2.8 billion, loans of $2.2 billion, and deposits of $2.4 billion.
The merger is expected to close in late Q3 or early Q4 2025, subject to regulatory and shareholder approvals. Southern States' President and CEO Mark A. Chambers and CFO Lynn J. Joyce will take meaningful roles in the combined company, and one Southern States Director will join FB Financial's Board.
FB Financial (NYSE: FBK) has announced a 12% increase in its quarterly cash dividend to $0.19 per share. The dividend will be payable on February 25, 2025, to shareholders of record as of February 11, 2025. This marks the company's 28th consecutive quarterly dividend payment, reflecting its financial strength and commitment to delivering consistent returns to shareholders. President and CEO Christopher T. Holmes emphasized that this increase demonstrates the company's profitable growth and dedication to maintaining strong shareholder returns.
FB Financial (NYSE: FBK) reported Q4 2024 net income of $37.9 million, or $0.81 per diluted share, compared to $0.22 in Q3 and $0.63 in Q4 2023. Adjusted earnings per share were $0.85, compared to $0.86 in Q3 and $0.77 in Q4 2023.
The company showed strong growth with loans held for investment reaching $9.60 billion (5.22% annualized increase) and total deposits of $11.21 billion (8.49% annualized increase). Net interest margin was 3.50%, slightly down from 3.55% in Q3 but up from 3.46% in Q4 2023.
Credit quality metrics showed net charge-offs of 0.47% of average loans, primarily due to a single commercial relationship. The company maintained a strong capital position with a preliminary total risk-based capital ratio of 15.2% and common equity tier 1 ratio of 12.8%.
FB Financial (NYSE:FBK) has announced it will release its 2024 fourth quarter and year-end results on Tuesday, January 21, 2025, before market opening. The company will host a conference call at 8:00 a.m. Central Time on the same day to discuss the results.
Investors and analysts can join the call using the dial-in number 877-883-0383 with confirmation code 6995872. A telephonic replay will be available for approximately two hours after the call until January 28, 2025, accessible at 877-344-7529 with code 7270666. Additionally, a live webcast will be available, with an online replay remaining accessible for 12 months on the company's website.
FB Financial (NYSE: FBK) has declared a quarterly cash dividend of $0.17 per share, payable on November 19, 2024, to shareholders of record as of November 5, 2024. This marks the company's 27th consecutive quarter of dividend payments, demonstrating their commitment to delivering consistent value to shareholders. The announcement reinforces FB Financial's focus on maintaining financial stability and creating sustainable value for investors.
FB Financial (NYSE: FBK) reported Q3 2024 net income of $10.2 million, or $0.22 per diluted share. Adjusted net income was $40.1 million, or $0.86 per diluted share. Key highlights include:
- Loans held for investment increased to $9.48 billion, a 7.20% annualized increase from Q2
- Deposits grew to $10.98 billion, up from $10.47 billion in Q2
- Net interest margin was 3.55%, compared to 3.57% in Q2
- Book value per share reached $33.48, a 19.7% annualized increase from Q2
- The company sold $318.6 million in securities at 2.25% yield and reinvested at 5.25% yield
- Core efficiency ratio was 58.4%, compared to 58.3% in Q2
The company maintains a strong capital position with a total risk-based capital ratio of 15.1% and a tangible common equity to tangible assets ratio of 10.4%.
FB Financial (NYSE:FBK) has announced its upcoming 2024 third quarter earnings call. The company will release its Q3 2024 results on Tuesday, October 15, 2024, before the market opens. A conference call to discuss the results is scheduled for 10:00 a.m. Central Time on the same day.
Investors and analysts can join the call by dialing 877-883-0383 with confirmation code 8581921. A telephonic replay will be available until October 22, 2024, by calling 877-344-7529 with code 5751189. Additionally, a live online broadcast of the call will be accessible at FBK 3Q24 Webcast, with an online replay available on the company's website for 12 months after the call.
FB Financial (NYSE: FBK) has declared a quarterly cash dividend of $0.17 per share, payable on August 20, 2024, to shareholders of record as of August 6, 2024. This marks the company's 26th consecutive quarter of paying dividends, demonstrating its commitment to shareholder value. Christopher T. Holmes, President and CEO, emphasized that this consistent dividend record highlights the company's dedication to delivering value and underscores the strength and consistency in their financial performance. FB Financial remains focused on creating sustainable value for its investors.
FB Financial (NYSE: FBK) reported Q2 2024 net income of $40.0 million, or $0.85 per diluted share. Adjusted net income was $39.4 million, or $0.84 per diluted share. Key highlights include:
- Loans held for investment: $9.31 billion
- Deposits: $10.47 billion
- Net interest margin: 3.57%, up from 3.42% in Q1
- Book value per share: $32.17
- Tangible book value per share: $26.82
The company's results reflect a strong balance sheet and increasing profitability. The net interest margin expanded due to stabilized deposit pricing, flat noninterest-bearing balances, and higher loan yields. Credit quality remains a focus, with the allowance for credit losses on loans HFI at 1.67%.
FB Financial (NYSE:FBK) will release its 2024 second quarter results on Monday, July 15, 2024, post-market close. A conference call to discuss these results is scheduled for Tuesday, July 16, 2024, at 8:00 a.m. Central Time. Interested investors and analysts can join the call via a dedicated dial-in number or listen to a live online broadcast. A replay of the call will be accessible both telephonically and online shortly after the conclusion of the event and will remain available for 12 months.