FB Financial Corporation

FB Financial Corporation is a bank holding company for FirstBank, offering a comprehensive suite of commercial and consumer banking services. The company operates through two segments: Banking and Mortgage. Its Banking segment provides deposit products such as interest-bearing checking, noninterest-bearing demand, money market, savings accounts, and time deposits. It also offers lending products including residential mortgage loans, commercial real estate loans, construction loans, and consumer loans for cars, boats, and recreational vehicles. The Mortgage segment provides mortgage banking services through its bank branch network and mortgage banking offices, as well as loan securitization services to third-party private investors or government-sponsored agencies. Additionally, FB Financial engages in securities underwriting, insurance underwriting, and merchant banking.

FB Financial Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol FBK. Its shares are traded in US dollars (USD), reflecting its primary operations in the United States. The company is headquartered in Nashville, Tennessee, and its financial reporting is conducted in USD, aligning with its domestic focus.

FB Financial Corporation operates in the Financial Services sector, specifically within the Banks - Regional industry. As a regional bank, it focuses on providing banking and financial services to local communities, small businesses, and corporate clients. Its industry classification indicates that it is a regional bank, meaning it operates in a specific geographic area rather than nationally or globally. This allows it to tailor its products and services to the needs of its local market, particularly in and around Tennessee.

FB Financial Corporation is headquartered in Nashville, Tennessee, and was founded in 1906. It serves retail and wealth consumers, small businesses, and corporate clients and owners. The company operates through various full-service branch locations, as well as online and mobile banking platforms, making its services accessible across its market area. While the summary does not specify the exact geographic footprint, its history and headquarters suggest a strong presence in Tennessee and possibly surrounding states. The company was formerly known as First South Bancorp, Inc. before rebranding to FB Financial in 2016.

FB Financial Corporation generates revenue primarily through its Banking and Mortgage segments. The Banking segment earns income from interest on loans, including residential mortgages, commercial real estate loans, construction loans, and consumer loans, as well as from deposit account fees and service charges. The Mortgage segment generates revenue from mortgage banking activities, such as originating and servicing residential mortgage loans, and from loan securitization services provided to third-party private investors or government-sponsored agencies. Additionally, the company earns income from securities underwriting, insurance underwriting, and merchant banking activities. This diversified revenue model allows FB Financial to serve a broad customer base while managing risk across different financial services.