Headquartered in Nashville, TN, FB Financial Corporation (NYSE: FBK) (“the company”) is a $16 billion asset bank holding company (pro-forma). Through its subsidiary, FirstBank (“the bank”), the company offers commercial, mortgage, investment, trust and specialty lending via 92 branches throughout Tennessee and, to a lesser extent, Georgia, Alabama, and Kentucky. The third largest Tennessee-headquartered bank by assets, FBK commands a defensible deposit market share in its home state, especially in key metropolitan markets such as Nashville (6th), Knoxville (5th), and Chattanooga (9th). Since FBK’s 2016 IPO (which raised $116 million of equity capital), organic growth has been supplemented with M&A activity, with the company’s most recent deal announced in March 2025 for Anniston, AL-based Southern States Bancshares, Inc. (NASDAQ: SSBK) ($2.8 billion in assets). The deal, expected to close in 2H25, would mark FBK’s fifth acquisition since its IPO.
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