# FB Financial Corp

Summary updated: 2026-10-02T12:09:20.644421Z
Canonical: https://finbar.com/research/companies/fb-financial-corp

## Overview

FB Financial Corp is a regional financial-services holding company headquartered in Nashville, Tennessee. Through its subsidiary FirstBank, it provides commercial and consumer banking, including deposit and lending products, as well as trust and investment services. Its reportable businesses are Banking and Mortgage; the Mortgage segment originates and services residential loans. [1](https://app.finbar.com/go?id=P71115196)[2](https://app.finbar.com/go?id=P145666683)[3](https://app.finbar.com/go?id=P145666807)

The company’s footprint is concentrated in the southeastern United States. As of June 30, 2026, it operated 90 full-service branches in Tennessee, Alabama, Kentucky, Georgia, and North Carolina, alongside mortgage offices across the Southeast. [4](https://app.finbar.com/go?id=P145666806) FirstBank traces its founding to 1906 and describes its approach in terms of community focus, trusted relationships, and local decision-making. [5](https://www.firstbankonline.com/about/) For scale, FB Financial reported $16.30 billion in total assets at year-end 2025; its 2025 net interest and noninterest income totaled approximately $560 million. [1](https://app.finbar.com/go?id=P71115196)[6](https://app.finbar.com/go?id=T8074797) A third-party source reported 1,594 employees as of December 31, 2025. [7](https://stockanalysis.com/stocks/fbk/employees/)
[1](https://app.finbar.com/go?id=P71115196)[2](https://app.finbar.com/go?id=P145666683)[3](https://app.finbar.com/go?id=P145666807)[4](https://app.finbar.com/go?id=P145666806)[6](https://app.finbar.com/go?id=T8074797)[5](https://www.firstbankonline.com/about/)[7](https://stockanalysis.com/stocks/fbk/employees/)

## Products & services

FB Financial’s FirstBank offers personal checking accounts—FirstRewards, Essential, Interest, Swipe Smart and USA Checking for Seniors—alongside FirstUp and Companion Savings, CDs, money-market accounts and health savings accounts. Consumer credit products include installment loans for vehicles, boats, aircraft and recreational vehicles; home-equity lines of credit; construction loans; and Platinum and World Series rewards credit cards. [8](https://www.firstbankonline.com/personal-banking/personal-checking/)[9](https://www.firstbankonline.com/personal-banking/personal-savings/)[10](https://www.firstbankonline.com/personal-banking/personal-lending/)[11](https://www.firstbankonline.com/personal-banking/debit-and-credit-cards/)

Business lending includes commercial and industrial loans and lines of credit for working capital, operating needs and expansion; agricultural loans; commercial construction and land-development loans; and owner-occupied, non-owner-occupied and multifamily real-estate loans. The filing says commercial and industrial loans generally mature within five years and may be secured by inventory, receivables or equipment, as well as personal guarantees. Residential mortgage offerings include purchase, refinance, renovation and investment-property loans; the filing also describes a 100%-financing program for first-time buyers and loans secured by manufactured housing. [12](https://app.finbar.com/go?id=T6639419)[13](https://app.finbar.com/go?id=P48378216)[14](https://app.finbar.com/go?id=P51790825)[15](https://www.firstbankonline.com/mortgage-lending/)[16](https://www.firstbankonline.com/mortgage-lending/traditional-mortgage/)

Business services include ACH payments, remote deposit capture, lockbox, merchant services, wire transfers, commercial cards, positive pay, zero-balance accounts and sweep services. Trust offerings include investment management, financial and estate planning, IRAs, trusts, estate settlement and foundation services. Digital banking capabilities include account access, transfers, bill payment, mobile check deposit, Zelle and mobile wallets for consumers, and business account access, transfers and payments. [17](https://www.firstbankonline.com/business-banking/treasury-management/)[18](https://www.firstbankonline.com/trust-services/)[19](https://www.firstbankonline.com/personal-banking/personal-online-and-mobile/)[20](https://www.firstbankonline.com/business-banking/business-mobile-and-online/)

At December 31, 2025, FirstBank’s held-for-investment loan portfolio comprised 18% commercial and industrial loans, 10% construction loans, 15% 1–4 family mortgages, 6% residential lines of credit, 6% multifamily loans, 17% owner-occupied commercial real estate, 23% non-owner-occupied commercial real estate, and 5% consumer and other loans. These percentages represent loan balances, not revenue. [21](https://app.finbar.com/go?id=T6624470)[1](https://app.finbar.com/go?id=P71115196)
[12](https://app.finbar.com/go?id=T6639419)[13](https://app.finbar.com/go?id=P48378216)[14](https://app.finbar.com/go?id=P51790825)[21](https://app.finbar.com/go?id=T6624470)[21](https://app.finbar.com/go?id=T6624470)[21](https://app.finbar.com/go?id=T6624470)[21](https://app.finbar.com/go?id=T6624470)[21](https://app.finbar.com/go?id=T6624470)[21](https://app.finbar.com/go?id=T6624470)[21](https://app.finbar.com/go?id=T6624470)[21](https://app.finbar.com/go?id=T6624470)[1](https://app.finbar.com/go?id=P71115196)[8](https://www.firstbankonline.com/personal-banking/personal-checking/)[9](https://www.firstbankonline.com/personal-banking/personal-savings/)[10](https://www.firstbankonline.com/personal-banking/personal-lending/)[11](https://www.firstbankonline.com/personal-banking/debit-and-credit-cards/)[15](https://www.firstbankonline.com/mortgage-lending/)[16](https://www.firstbankonline.com/mortgage-lending/traditional-mortgage/)[17](https://www.firstbankonline.com/business-banking/treasury-management/)[18](https://www.firstbankonline.com/trust-services/)[19](https://www.firstbankonline.com/personal-banking/personal-online-and-mobile/)[20](https://www.firstbankonline.com/business-banking/business-mobile-and-online/)

## Geographic presence

As of Q2 2026, FB Financial’s FirstBank serves markets in Tennessee, Alabama, Kentucky, North Carolina, and Georgia. Its 90 full-service branches are reported across Tennessee, Alabama, Kentucky, and Georgia; North Carolina is represented by the Asheville market. Named markets include Nashville, Chattanooga, Knoxville, Memphis, and Jackson in Tennessee; Bowling Green in Kentucky; Columbus and Newnan in Georgia; and Birmingham, Anniston, Huntsville, and Auburn in Alabama. State-by-state branch counts are not provided. [4](https://app.finbar.com/go?id=P145666806) [22](https://app.finbar.com/go?id=P145666294)

FirstBank’s retail mortgage banking operations use its branch network and mortgage-banking offices located throughout the southeastern United States. The reviewed reporting does not give geographic revenue percentages or employee distributions. [4](https://app.finbar.com/go?id=P145666806) [23](https://app.finbar.com/go?id=P145666684)
[4](https://app.finbar.com/go?id=P145666806)[22](https://app.finbar.com/go?id=P145666294)[23](https://app.finbar.com/go?id=P145666684)

## Business segments

FB Financial Corp reports two operating segments: Banking and Mortgage. Banking is its primary segment, providing deposit and lending products and services to corporate, commercial and consumer customers. Mortgage originates conforming residential mortgage loans and services and securitizes loans for private investors or government-sponsored agencies. Management assesses segment performance and allocates resources using income before income taxes; interest income is Banking’s primary revenue source, while mortgage banking income is Mortgage’s primary revenue source. [2](https://app.finbar.com/go?id=P145666683)[23](https://app.finbar.com/go?id=P145666684)

In FY2025, Banking generated approximately 97.4% of consolidated pretax income ($134.9 million of $138.5 million), and Mortgage generated 2.6% ($3.6 million). At year-end 2025, Banking held about 95.9% of segment assets ($15.6 billion of $16.3 billion), and Mortgage held 4.1% ($676 million). [24](https://www.sec.gov/Archives/edgar/data/1649749/000164974926000012/fbk-20251231.htm)

For the six months ended June 30, 2026, Banking contributed approximately 98.5% of consolidated pretax income ($145.1 million of $147.3 million), and Mortgage contributed 1.5% ($2.2 million). At June 30, 2026, Banking held about 95.4% of segment assets ($16.0 billion of $16.8 billion), and Mortgage held 4.6% ($780 million). Percentages are calculated from reported segment figures; the company’s segment profit measure is pretax income. [2](https://app.finbar.com/go?id=P145666683)[25](https://www.sec.gov/Archives/edgar/data/1649749/000164974926000060/fbk-20260630.htm)
[2](https://app.finbar.com/go?id=P145666683)[23](https://app.finbar.com/go?id=P145666684)[25](https://www.sec.gov/Archives/edgar/data/1649749/000164974926000060/fbk-20260630.htm)[24](https://www.sec.gov/Archives/edgar/data/1649749/000164974926000012/fbk-20251231.htm)

## Company history

FB Financial’s banking roots date to 1906, when its predecessor was chartered. In 1984, an investor group acquired Farmers State Bank, then a $14 million community bank; after Farmers State acquired First National Bank of Lexington in 1988, it adopted the FirstBank name. James W. Ayers became sole shareholder in 1990 and retained that position until the company’s public offering. [26](https://app.finbar.com/go?id=P114431431)

FB Financial priced its initial public offering in September 2016, and its shares began trading on the NYSE as FBK that month. [27](https://www.firstbankonline.com/fb-financial-announces-pricing-of-initial-public-offering/) The company expanded through a series of bank and branch acquisitions: its 2017 merger with Clayton Bank and Trust and American City Bank; the 2019 purchase of 14 Atlantic Capital branches; and acquisitions in 2020 of FNB Financial and Franklin Financial Network. [28](https://app.finbar.com/go?id=P50699012)[29](https://investors.firstbankonline.com/news/press-release/2019/FB-Financial-Corporation-Completes-Branch-Acquisition/default.aspx)[30](https://investors.firstbankonline.com/news/press-release/2020/FB-Financial-Corporation-Completes-Acquisition-of-FNB-Financial-Corp/default.aspx)[31](https://app.finbar.com/go?id=P264890)

In 2025, FB Financial completed its merger with Southern States Bancshares and Southern States Bank, extending its presence in Alabama and Georgia. [32](https://app.finbar.com/go?id=P103853537)[33](https://app.finbar.com/go?id=P3486910)
[26](https://app.finbar.com/go?id=P114431431)[27](https://www.firstbankonline.com/fb-financial-announces-pricing-of-initial-public-offering/)[28](https://app.finbar.com/go?id=P50699012)[29](https://investors.firstbankonline.com/news/press-release/2019/FB-Financial-Corporation-Completes-Branch-Acquisition/default.aspx)[30](https://investors.firstbankonline.com/news/press-release/2020/FB-Financial-Corporation-Completes-Acquisition-of-FNB-Financial-Corp/default.aspx)[31](https://app.finbar.com/go?id=P264890)[32](https://app.finbar.com/go?id=P103853537)[33](https://app.finbar.com/go?id=P3486910)[27](https://www.firstbankonline.com/fb-financial-announces-pricing-of-initial-public-offering/)[29](https://investors.firstbankonline.com/news/press-release/2019/FB-Financial-Corporation-Completes-Branch-Acquisition/default.aspx)[30](https://investors.firstbankonline.com/news/press-release/2020/FB-Financial-Corporation-Completes-Acquisition-of-FNB-Financial-Corp/default.aspx)

## Sources

1. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P71115196)
2. [FB Financial Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145666683)
3. [FB Financial Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145666807)
4. [FB Financial Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145666806)
5. [www.firstbankonline.com](https://www.firstbankonline.com/about/)
6. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T8074797)
7. [stockanalysis.com](https://stockanalysis.com/stocks/fbk/employees/)
8. [www.firstbankonline.com](https://www.firstbankonline.com/personal-banking/personal-checking/)
9. [www.firstbankonline.com](https://www.firstbankonline.com/personal-banking/personal-savings/)
10. [www.firstbankonline.com](https://www.firstbankonline.com/personal-banking/personal-lending/)
11. [www.firstbankonline.com](https://www.firstbankonline.com/personal-banking/debit-and-credit-cards/)
12. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T6639419)
13. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P48378216)
14. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P51790825)
15. [www.firstbankonline.com](https://www.firstbankonline.com/mortgage-lending/)
16. [www.firstbankonline.com](https://www.firstbankonline.com/mortgage-lending/traditional-mortgage/)
17. [www.firstbankonline.com](https://www.firstbankonline.com/business-banking/treasury-management/)
18. [www.firstbankonline.com](https://www.firstbankonline.com/trust-services/)
19. [www.firstbankonline.com](https://www.firstbankonline.com/personal-banking/personal-online-and-mobile/)
20. [www.firstbankonline.com](https://www.firstbankonline.com/business-banking/business-mobile-and-online/)
21. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T6624470)
22. [FB Financial Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145666294)
23. [FB Financial Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145666684)
24. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1649749/000164974926000012/fbk-20251231.htm)
25. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/1649749/000164974926000060/fbk-20260630.htm)
26. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P114431431)
27. [www.firstbankonline.com](https://www.firstbankonline.com/fb-financial-announces-pricing-of-initial-public-offering/)
28. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P50699012)
29. [investors.firstbankonline.com](https://investors.firstbankonline.com/news/press-release/2019/FB-Financial-Corporation-Completes-Branch-Acquisition/default.aspx)
30. [investors.firstbankonline.com](https://investors.firstbankonline.com/news/press-release/2020/FB-Financial-Corporation-Completes-Acquisition-of-FNB-Financial-Corp/default.aspx)
31. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P264890)
32. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P103853537)
33. [FB Financial Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P3486910)

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