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FB Financial Priced, NYSE: FBK

Tennessee bank with 45 branches and $2.9 billion in assets.

Industry: Financials

First Day Return: +9.2%

Industry: Financials

We are a bank holding company, headquartered in Nashville, Tennessee. Our wholly-owned bank subsidiary, FirstBank, is the third largest Tennessee-headquartered bank, based on total assets. FirstBank provides a comprehensive suite of commercial and consumer banking services to clients in select markets in Tennessee, North Alabama and North Georgia. Our footprint includes 45 full-service bank branches serving the Tennessee metropolitan markets of Nashville, Chattanooga, Knoxville, Memphis, Jackson, and Huntsville (AL) in addition to 12 community markets. FirstBank also provides mortgage banking services utilizing its bank branch network and mortgage banking offices strategically located throughout the southeastern United States in addition to a national internet delivery channel. As of June 30, 2016, we had total assets of $2.9 billion, total loans of $2.1 billion, deposits of $2.5 billion, and shareholder’s equity of $266 million.
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FB Financial (FBK) Performance