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Nashville, TN — James W. Cross IV, a director at FB Financial Corp (NYSE:FBK), has acquired 7,200 shares of the company’s common stock, according to a recent SEC filing. The shares were purchased at an average price of $40.49, totaling approximately $291,528. These transactions were executed on April 16, 2025, and bring Cross’s total holdings to 61,278 shares. The purchase was conducted in multiple transactions with prices ranging from $40.42 to $40.53 per share.The insider purchase comes as FB Financial, currently valued at $1.88 billion, trades at a P/E ratio of 14.61 and offers a dividend yield of 1.88%. According to InvestingPro analysis, the stock appears undervalued at current levels, despite showing strong returns over the past five years. For deeper insights into FB Financial’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, which provides detailed analysis of this and 1,400+ other US stocks.
In other recent news, FB Financial Corporation reported its first-quarter earnings for 2025, revealing an adjusted earnings per share (EPS) of $0.85, slightly surpassing the forecast of $0.83. However, the company’s revenue of $130.67 million fell short of the expected $132.18 million. The company is also moving forward with its planned merger with Southern States Bancshares, expected to close in the third quarter of 2025, which aims to strengthen its market presence in Alabama and Georgia. Analyst Steve Moss from Raymond (NSE:RYMD) James reiterated a Market Perform rating for FB Financial, noting the bank’s premium valuation at 11.1 times its 2025 EPS estimates. The bank’s credit metrics improved, with a decrease in non-performing loans and net charge-offs linked to a specific commercial and industrial relationship. Despite higher-than-anticipated expenses due to performance-based compensation, FB Financial maintains a positive outlook for loan growth, projecting increases in the high single to low double digits. The company’s strong capital and liquidity position, alongside substantial loan loss reserves, are seen as advantageous for future growth opportunities.
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