U.S. stock futures edge higher; earnings season continues
Todd M. Wanner, the Chief Financial Officer of FB Bancorp , Inc. (NASDAQ:FBLA), recently acquired a total of $2,003 in common stock, according to a Form 4 filing with the Securities and Exchange Commission. The purchase, which took place on February 21, 2025, involved 175 shares at a price of $11.45 each, bringing Wanner’s direct ownership to 8,125 shares. The transaction comes as the $226 million market cap bank trades near its 52-week low and below book value at a P/B ratio of 0.68. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value estimate.
Additionally, Wanner increased his holdings indirectly through a 401(k) plan, acquiring 873 shares valued at $9,995, also at $11.45 per share. This transaction brings his indirect ownership to 8,441 shares. While InvestingPro data shows the company faces profitability challenges with weak financial health metrics, the recent acquisitions signal Wanner’s continued confidence in the company’s prospects. Subscribers can access 2 additional ProTips and comprehensive financial analysis on the platform.
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