Fb Financia Stock Price, News & Analysis

Aimee Hamilton has been appointed as Chief Risk Officer of FirstBank and its parent company, FB Financial Corporation (FBK). In her new role, she will lead the enterprise risk management activities and oversee compliance, physical security, information security, and credit review. With over 30 years in financial risk management, Hamilton previously served as Chief Risk Officer at Cadence Bank. FirstBank operates 82 branches and holds approximately $11.9 billion in total assets, positioning itself as a major player in the Southeastern banking sector.

FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.11 per share, payable on November 22, 2021, to shareholders of record as of November 8, 2021. This marks the company's 15th consecutive quarterly dividend, reflecting its commitment to enhancing long-term shareholder value by returning earnings through dividends. Headquartered in Nashville, Tennessee, FB Financial operates as a bank holding company with approximately $11.8 billion in assets and 81 branches across multiple states.

FB Financial Corporation (NYSE: FBK) reported a Q3 2021 net income of $45.3 million, or $0.94 per diluted share, reversing a loss from Q3 2020. The company achieved a return on average assets (ROAA) of 1.51% and strong loan growth of $95.7 million, or 5.28% annualized. Adjusted net income was $42.7 million, with a tangible book value per share increasing to $23.90. Noninterest income increased to $59.0 million, supported by improved mortgage banking results. The efficiency ratio improved, reflecting better management of expenses.

FB Financial Corporation (NYSE:FBK) has scheduled the release of its third quarter 2021 results on October 18, 2021, post-market close. A conference call to discuss the results will take place on October 19, 2021, at 8:00 a.m. Central Time. Investors can join the call by dialing 888-317-6003 with the confirmation code 5735028. The call will also be available via a live webcast and a replay will be accessible thereafter.

FB Financial operates as a bank holding company with total assets of approximately $11.9 billion.

FB Financial Corporation (NYSE: FBK) has declared a quarterly cash dividend of $0.11 per share, payable on August 23, 2021, to shareholders of record as of August 9, 2021. This marks the company's 14th consecutive quarterly dividend, demonstrating its commitment to returning earnings to shareholders. Headquartered in Nashville, Tennessee, FB Financial operates through its wholly owned subsidiary, FirstBank, which is the third largest community bank in Tennessee with approximately $11.9 billion in total assets and 81 branches across four states.

FB Financial Corporation (NYSE: FBK) reported a net income of $43.3 million, or $0.90 per diluted share, marking an increase from $0.70 year-over-year but down from $1.10 in the previous quarter. The company experienced an 8.63% annualized growth in loans held for investment, reaching $7.20 billion. Adjusted net income stood at $42.3 million, with a return on average assets of 1.46%. The tangible book value per share increased to $23.43, representing a 16.4% annualized growth from the previous quarter.

FB Financial Corporation (FBK) will release its Q2 2021 financial results on July 19, 2021, after market close. A conference call is scheduled for July 20, 2021, at 8:00 a.m. Central Time to discuss these results, with dial-in options available for analysts and investors. The company, headquartered in Nashville, operates through FirstBank, the third largest community bank in Tennessee, boasting 82 branches and approximately $11.9 billion in assets. Investors can access a live broadcast and later a replay of the call.

FB Financial Corporation (NYSE: FBK) has completed a public offering where Mr. James W. Ayers sold 2,500,000 shares of the company’s common stock. The offering was managed by Keefe, Bruyette & Woods, with the company not participating or receiving any proceeds. Post-offering, Mr. Ayers retains approximately 23.5% ownership in FBK. The offering was registered under Form S-3 with the SEC, and no solicitation of stock sales was made in jurisdictions where it would be illegal.

FB Financial Corporation (NYSE:FBK) has announced the pricing of a public offering of 2,500,000 shares of common stock, all sold by Selling Shareholder Mr. James W. Ayers. The offering, set to close on June 10, 2021, will not generate proceeds for the Company. Following the transaction, Mr. Ayers will retain approximately 23.5% of the Company's common stock. This Secondary Offering is conducted under a Registration Statement filed with the SEC, effective June 7, 2021. No offers or solicitations are being made in jurisdictions where it's unlawful.