FB Bancorp completes 10% stock buyback
FB Bancorp, Inc. has completed its second stock repurchase program.
Rhea-AI Filing Summary
FB Bancorp, Inc. has completed its second stock repurchase program. The company bought back 1,785,375 shares of its common stock, equal to 10% of its then outstanding shares, at an average price of $13.717 per share including trading costs and commissions.
The company stated it will continue to evaluate capital management options, including the possibility of a third stock repurchase program, with the stated goal of enhancing shareholder value. Fidelity Bank, its banking subsidiary, operates from its main office and 18 branch locations across several Louisiana parishes.
Positive
- Completion of sizeable buyback: FB Bancorp finished its second stock repurchase program, retiring 1,785,375 shares, or 10% of its then outstanding common stock, which can support per-share metrics when fundamentals are stable.
- Capital return stance: Management explicitly states it is exploring additional capital management tools, including a possible third repurchase program, signaling an ongoing focus on shareholder value.
Negative
- None.
Insights
FB Bancorp retires 10% of shares in completed buyback.
FB Bancorp completed its second stock repurchase program, retiring 1,785,375 common shares, or 10% of its then outstanding stock, at an average price of $13.717 per share. A reduction of this scale can be meaningful for per-share metrics when earnings are stable.
The company also notes it is exploring additional capital management tools, including a potential third repurchase program, to enhance shareholder value. Any future program will depend on conditions such as stock market levels and internal capital needs, as hinted by the forward-looking statement language.
Investors can look to future disclosures for details on whether a third repurchase program is authorized and, if so, its size and pace, since these factors would shape the long-term impact of buybacks on capital ratios and share count.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Shares repurchased: 1,785,375 shares
Portion of outstanding shares: 10% of then outstanding shares
Average repurchase price: $13.717 per share
+1 more
4 metrics
Shares repurchased
1,785,375 shares
Second stock repurchase program completed
Portion of outstanding shares
10% of then outstanding shares
Scale of completed buyback
Average repurchase price
$13.717 per share
Inclusive of trading costs and commissions
Branch offices
18 branch offices
Fidelity Bank footprint across Louisiana parishes
Key Terms
stock repurchase program, capital management tools, forward-looking statements, holding company, +1 more
5 terms
stock repurchase program financial
"announced the completion of its second stock repurchase program"
A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.
capital management tools financial
"will continue to further explore its capital management tools"
forward-looking statements regulatory
"This press release contains certain forward-looking statements about the stock repurchase program"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
holding company financial
"the holding company for Fidelity Bank"
A holding company is an organization that owns enough shares of other businesses to control them but usually does not run their day-to-day operations. Think of it as an umbrella or parent that lets investors gain exposure to several companies through one vehicle; its value depends on the performance, risks, dividends and debts of the companies it holds, so it matters for assessing diversification, control and consolidated financial health.
state-chartered stock savings bank financial
"Fidelity Bank is a Louisiana state-chartered stock savings bank"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FB Bancorp (FBLA) announce regarding its stock repurchase program?
FB Bancorp announced it completed its second stock repurchase program. The company bought back 1,785,375 common shares, equal to 10% of its then outstanding shares, at an average price of $13.717 per share including trading costs.
Is FB Bancorp (FBLA) considering another stock repurchase program?
FB Bancorp stated it will continue to explore capital management tools, including the possibility of a third stock repurchase program. Any future program would depend on conditions such as stock market environment and internal capital considerations mentioned in its forward-looking statements.
What risks did FB Bancorp highlight about future stock repurchases?
FB Bancorp cautioned that forward-looking statements about repurchases are subject to risks and uncertainties. It specifically noted that an inability to execute a future repurchase program could result from stock market conditions or other factors outside the company’s control.
What is the relationship between FB Bancorp and Fidelity Bank?
FB Bancorp is the holding company for Fidelity Bank. Fidelity Bank is a Louisiana state-chartered stock savings bank operating from its main office and 18 branch offices across several Louisiana parishes, serving customers in multiple local markets.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 19, 2026
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(504 ) 569-8640
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the
Securities Exchange Act of 1934.
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On May 19, 2026, FB Bancorp, Inc. announced the completion of its second stock repurchase program, pursuant to which it repurchased
1,785,375 shares of its common stock, or 10% of its then outstanding shares, at an average price of $13.717 per share, inclusive of trading costs and commissions. For additional information, refer to the press release dated May 19, 2026, which is
filed as an exhibit hereto and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
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Exhibits
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Press Release dated May 19, 2026
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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FB BANCORP, INC.
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DATE: May 19, 2026
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By:
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/s/ Christopher S. Ferris
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Christopher S. Ferris
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President and Chief Executive Officer
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EXHIBIT 99.1
PRESS RELEASE
Contact:
Christopher S. Ferris
President and Chief Executive Officer
(504) 569-8460
FB Bancorp, Inc. Announces Completion of Stock Repurchase Program
New Orleans, LA; May 19, 2026 – FB Bancorp, Inc. (the “Company”) (Nasdaq: FBLA), the holding company for Fidelity Bank, announced
today it has completed its second stock repurchase program. Under the plan, the Company repurchased 1,785,375 shares of its common stock, or 10% of its then outstanding shares, at an average price of $13.717 per share, inclusive of trading costs
and commissions.
The Company will continue to further explore its capital management tools, including the possibility of a third stock repurchase
program, in order to enhance shareholder value
About Fidelity Bank
Originally chartered in 1908, Fidelity Bank is a Louisiana state-chartered stock savings bank that conducts its business from its main
office and 18 branch offices located in the East Baton Rouge, Jefferson, Lafayette, Orleans, St. Tammany, and Tangipahoa Parishes.
Forward-Looking Statements
This press release contains certain forward-looking statements about the stock repurchase program. Forward-looking statements include
statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or
future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from
expected results include the Company’s inability to execute a future repurchase program due to stock market conditions or otherwise.
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