Heartland Advisors Inc. Acquires Shares of 162,481 FB Financial Corporation $FBK

Posted by Geri Gentry on Aug 22nd, 2026

Heartland Advisors Inc. acquired a new stake in shares of FB Financial Corporation (NYSE:FBK – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 162,481 shares of the financial services provider’s stock, valued at approximately $8,993,000.

Several other hedge funds also recently made changes to their positions in FBK. NewEdge Wealth LLC purchased a new stake in FB Financial during the 2nd quarter valued at $242,000. First National Bank of Omaha purchased a new position in shares of FB Financial in the second quarter valued at about $686,000. BlackRock Inc. bought a new position in shares of FB Financial during the second quarter valued at about $348,592,000. Deutsche Bank AG purchased a new stake in shares of FB Financial during the second quarter worth about $2,503,000. Finally, Simplicity Wealth LLC purchased a new stake in shares of FB Financial during the second quarter worth about $615,000. 65.40% of the stock is owned by hedge funds and other institutional investors.

FB Financial Price Performance

Shares of FB Financial stock opened at $58.74 on Friday. FB Financial Corporation has a 1 year low of $49.24 and a 1 year high of $62.65. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 15.75 and a beta of 0.94. The company has a 50-day moving average of $58.11 and a 200 day moving average of $55.63.

FB Financial (NYSE:FBK – Get Free Report) last posted its quarterly earnings data on Monday, July 13th. The financial services provider reported $1.14 EPS for the quarter, hitting the consensus estimate of $1.14. The business had revenue of $175.94 million for the quarter, compared to analyst estimates of $177.45 million. FB Financial had a net margin of 19.00% and a return on equity of 12.08%. On average, equities analysts anticipate that FB Financial Corporation will post 4.67 EPS for the current year.

FB Financial declared that its board has authorized a share buyback plan on Monday, April 27th that authorizes the company to buyback $175.00 million in shares. This buyback authorization authorizes the financial services provider to reacquire up to 6.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

FB Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 11th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, August 11th. FB Financial’s payout ratio is currently 22.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Raymond James Financial increased their price objective on FB Financial from $62.00 to $63.00 and gave the stock a “strong-buy” rating in a report on Wednesday, July 1st. Hovde Group decreased their target price on FB Financial from $66.00 to $63.00 and set an “outperform” rating for the company in a report on Monday, April 27th. Benchmark raised their price target on FB Financial from $64.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of FB Financial from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, August 5th. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating on shares of FB Financial in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $64.67.

Get Our Latest Stock Report on FBK

FB Financial Company Profile

(Free Report)

FB Financial Corporation, through its banking subsidiary FirstBank, is a Tennessee-based bank holding company that provides a broad range of financial services to individuals, small and medium-sized businesses, and commercial clients. Established to serve the banking needs of communities across the southeastern United States, the company’s core offerings include consumer and commercial deposit products, commercial lending, and mortgage services.

In addition to traditional checking and savings accounts, FB Financial’s service portfolio encompasses treasury and cash management, equipment financing, and letters of credit to support the working capital and expansion needs of business customers.