KBRA Releases Surveillance Report for FB Financial Corporation

On June 20, 2025, KBRA upgraded the senior unsecured debt to BBB+ from BBB, the subordinated debt rating to BBB from BBB-, and short-term debt rating to K2 from K3 for Nashville, Tennessee-based FB Financial Corporation (NYSE: FBK). In addition, KBRA upgraded the deposit and senior unsecured debt ratings to A- from BBB+ and the subordinated debt rating to BBB+ from BBB, and affirmed the short-term deposit and debt ratings of K2 for the company's principal subsidiary, FirstBank. The Outlook for all long-term ratings was revised to Stable from Positive following the upgrade.

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