FB Financial Corp.

What FB Financial Corp. does

FB Financial Corporation is a Tennessee-incorporated bank holding company that conducts business primarily through its wholly-owned subsidiary FirstBank, a regional commercial bank founded in 1906 and headquartered at 1221 Broadway in Nashville, Tennessee. The company serves retail consumers, small-to-medium businesses, and commercial clients across the Sun Belt, with primary operations in Tennessee, Alabama, North Carolina, and other Southern states. FB Financial is publicly traded on the NYSE under ticker FBK and carried a market capitalization of approximately $2.82 billion as of April 2026.

FirstBank operates a full-service banking platform delivered through physical branches, digital channels (mobile app, online banking, text banking, digital payments), and specialized lending divisions. The product portfolio spans consumer and commercial deposit accounts, consumer and commercial lending, mortgage origination across retail, ConsumerDirect, correspondent, and reverse channels, wealth management through Investment Partners, trust and estate services, treasury management, and a niche manufactured housing lending program. The technology stack is described as a traditional banking platform augmented by standard digital banking capabilities; no proprietary AI/ML, custom models, or differentiated technology architecture is disclosed.

Revenue is generated primarily through net interest income from the $12.50 billion loan portfolio funded by $14.08 billion in deposits, supplemented by non-interest income from mortgage banking, service charges, wealth, and other banking fees. For Q1 2026, the company reported total revenue of $172.34 million (+31.89% year-over-year), net interest income of $145.97 million, and net income of $122.62 million, with a net interest margin of 3.94%, efficiency ratio of 55.2%, and net charge-offs of 0.11% of average loans. The CET1 capital ratio stood at 11.5% on $16.47 billion of total assets. The company has paid dividends for 33 consecutive quarters and raised the dividend for 8 consecutive years.

Name

FB Financial Corp.

Legal name

FB Financial Corporation

Website

https://investors.firstbankonline.com

Company type

Public

Founded year

1906

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

FB Financial Corporation operates FirstBank, a regional commercial bank providing retail and business banking, mortgage origination, wealth management, and specialty lending to consumers and businesses across the Sun Belt United States.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Retail Lending (Personal Loans, Auto, Credit Lines) (FSABAAAB)

Keywords

• Retail banking services
• Commercial banking services
• Mortgage lending
• Wealth management services
• Treasury management solutions

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from loans held for investment minus interest expense on deposits. Represents the primary revenue driver for the bank, with Q1 2026 net interest income of $145.97 million. Revenue is generated through lending activities across commercial, consumer, and mortgage portfolios.
2. Non-Interest Income: Fees and other income including mortgage banking revenue, service charges, and other banking fees. Complements net interest income to form total revenue.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

FB Financial Corporation is the holding company for FirstBank, a regional bank providing a full range of financial services. Core offerings include retail consumer banking (checking, savings, debit and credit cards, personal lending), commercial banking (business checking, commercial lending, treasury management), mortgage origination (retail, ConsumerDirect, reverse, and correspondent lending), investment services through Investment Partners, and trust and estate services. Revenue is driven primarily by net interest income on its $12.50 billion loan portfolio and complemented by non-interest fee income.

Product overview

FB Financial Corporation operates FirstBank, a regional bank holding company providing a comprehensive suite of banking products through a platform-plus-modules architecture. The core platform is FirstBank, which offers personal and business banking services including checking accounts, savings products, and lending. This core is augmented by specialized divisions: FirstBank Mortgage (with ConsumerDirect and Reverse Mortgage sub-brands) for mortgage lending, Investment Partners for wealth management, Trust Services for fiduciary services, Treasury Management for business cash management, and Manufactured Homes Lending for specialty lending. Digital access is provided through Mobile Banking App, Online Banking, and Digital Payments modules. The company serves retail and commercial customers across the Southern United States.

Differentiator

Problem solved

Functional benefit

Brands

• FirstBank: Primary banking brand offering personal banking, business banking, mortgage lending, and trust services
• FirstBank Mortgage
• ConsumerDirect Mortgage
• Investment Partners

Products and services

• Personal Banking Services FirstBank Personal Banking provides checking accounts (Essential Checking, FirstRewards Checking, Interest Checking, USA Checking for seniors 62+), savings products (Basic Savings, Christmas Club, Health Savings Account, FirstRate Money Market, Money Market Tiered, UTMA-Minor Savings), personal lending, debit and credit cards, and personal services for individual consumers.
• Business Banking Services FirstBank Business Banking offers business checking and deposit products (FirstBusiness Checking, FirstCommercial Checking, Public Funds Interest Checking, Commercial Money Market Tiered), business lending, treasury management, online banking, business debit and credit cards, and business services for commercial customers.
• FirstBank Mortgage FirstBank Mortgage is the mortgage lending division of FirstBank, providing home purchase and refinance loans through retail channels, ConsumerDirect, reverse mortgage, and correspondent lending partners.
• ConsumerDirect Mortgage ConsumerDirect Mortgage is a direct-to-consumer mortgage platform under FirstBank Mortgage that enables borrowers to apply for mortgages online without visiting a branch.
• Reverse Mortgage Reverse Mortgage is a specialized mortgage product offered by FirstBank for homeowners aged 62 and older, allowing them to convert home equity into cash without monthly mortgage payments.
• Correspondent Mortgage Lending Correspondent Lending is the wholesale mortgage channel of FirstBank Mortgage that purchases loans originated by partner lenders and supports Mortgage Partner Services.
• Treasury Management Treasury Management provides cash management and treasury services for business customers, including merchant services, cash concentration, and payment processing.
• Investment Partners Investment Partners provides wealth management and investment services for FirstBank customers, including brokerage and advisory services delivered through a dedicated investment team.
• Trust Services Trust Services provides fiduciary services to FirstBank customers, including estate administration, trust management, and wealth transfer planning.
• Manufactured Homes Specialty Lending Manufactured Homes is a specialty lending program of FirstBank that provides financing for manufactured housing, serving retailers, community owners, and individual homeowners.

Quantifiable outcome

• Net interest margin of 3.94% in Q1 2026, demonstrating effective asset-liability management
• +3 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators13 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Synovus Financial: Columbus, Georgia-based regional bank holding company (SNV) serving the Southeast with comparable commercial and retail banking products and similar Sun Belt geographic footprint.
• Atlantic Union Bankshares: Mid-Atlantic regional bank (AUB) with comparable size, commercial banking orientation, and similar M&A-driven growth strategy across the Southeast.
• Pinnacle Financial Partners: Nashville-headquartered regional bank holding company (PNFP) operating across Tennessee, the Carolinas, and Virginia with comparable full-service commercial and retail banking and similar Sun Belt M&A-driven growth strategy.
• First Horizon Corporation: Tennessee-based regional bank holding company (FHN) with overlapping deposit franchise, commercial lending focus, and similar client segments in the Southeast. Direct competitor in Nashville and broader Tennessee markets.
• Renasant Corporation: Mississippi-headquartered Southeast regional bank (RNST) with community-banking model, comparable loan and deposit mix, and similar M&A-driven expansion across the Sun Belt.
• Trustmark Corporation: Mississippi-based regional bank (TRMK) offering commercial banking, mortgage, and wealth management across the Southeast, with overlapping customer profile and product mix.
• Simmons First National Corporation: Arkansas-headquartered regional bank (SFNC) of similar size with comparable full-service banking platform and active M&A history across Southern and Midwestern markets.
• Cadence Bank: Houston-based regional bank (CADE) with similar size, commercial banking focus, and Sun Belt geographic footprint, competing for the same mid-market and consumer segments.

Broad incumbents

• Regions Financial Corporation: Large Southeast regional bank holding company (RF) with substantial overlap in geography and product offering, but much larger scale and broader national presence serving as a key incumbent competitor.
• Truist Financial Corporation: Top-10 U.S. bank (TFC) formed from BB&T-SunTrust merger with deep Sun Belt branch presence and overlapping commercial and consumer product set; broader incumbent competing for the same customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/FBFinancialCorp
• Facebookfacebook.com/firstbankmortgage
• LinkedInlinkedin.com/company/firstbankonline
• Instagraminstagram.com/firstbankonline

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FB Financial Corp.