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James W. Ayers, a significant shareholder of FB Financial Corp (NYSE:FBK), recently acquired 2,000 shares of the company’s common stock. The purchase, executed on March 4, 2025, was made at a weighted average price of $48.51 per share, resulting in a total transaction value of $97,020. This acquisition increases Ayers’ direct ownership to 10,931,841 shares in the $2.23 billion market cap company. The timing is notable as FBK’s stock has seen a -6.88% decline year-to-date.
The shares were purchased in multiple transactions, with prices ranging from $48.47 to $48.60. Ayers, who is a ten percent owner of the company, continues to hold a substantial stake in the Nashville-based financial institution. According to InvestingPro analysis, FBK currently trades below its Fair Value, while four analysts have recently revised their earnings expectations upward. For deeper insights into FBK’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, FB Financial Corporation reported its fourth-quarter earnings, which exceeded analyst expectations. The company posted adjusted earnings per share of $0.85, surpassing the consensus estimate of $0.84, while revenue was slightly below expectations at $130.38 million compared to the anticipated $131.14 million. Net interest income increased to $108.4 million, up from $106 million in the previous quarter. FB Financial also saw growth in total loans and deposits, with loans held for investment rising to $9.60 billion and total deposits increasing to $11.21 billion. The company’s net charge-offs were reported at $11.3 million, representing 0.47% of average loans on an annualized basis. In addition to its earnings report, FB Financial announced a 12% increase in its quarterly cash dividend to $0.19 per share, marking its 28th consecutive period of dividend payouts. President and CEO Christopher T. Holmes highlighted the company’s continued financial health and commitment to shareholder value. These developments reflect FB Financial’s operational profitability and growth strategy.
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