ION expands ETF trading capabilities with Tradeweb integration
FB Financial Corporation (NYSE:FBK) filed an 8-K with the Securities and Exchange Commission on Thursday, providing unaudited financial statements and pro forma information related to its recent acquisition of Southern States Bancshares, Inc.
According to the company’s statement, FB Financial completed its acquisition of Southern States Bancshares and its subsidiary, Southern States Bank, on July 1, 2025. The filing includes unaudited interim financial statements for Southern States Bancshares as of and for the six months ended June 30, 2025. It also provides unaudited pro forma condensed combined financial statements for FB Financial and Southern States Bancshares as of and for the nine months ended September 30, 2025. These documents are intended to present financial information as if the merger had occurred on the dates indicated.
The filing lists these materials as exhibits: the unaudited interim financial statements of Southern States Bancshares and the unaudited pro forma condensed combined income statement for the nine-month period ending September 30, 2025.
FB Financial Corporation, based in Nashville, Tennessee, operates as a state commercial bank. Its common stock trades on the New York Stock Exchange under the symbol FBK.
This information is based on a press release statement included in the company’s SEC filing.
In other recent news, FB Financial Corporation reported its third-quarter 2025 earnings, surpassing analyst expectations with an adjusted earnings per share (EPS) of $1.07, compared to the forecasted $0.96. The company also exceeded revenue projections, reporting $173.88 million against the anticipated $168.03 million. In addition to its strong financial performance, FB Financial’s board of directors declared a quarterly cash dividend of $0.19 per share, payable on November 11, 2025. Cantor Fitzgerald raised its price target for FB Financial to $66 from $61, maintaining an Overweight rating due to expectations of stronger net interest income and a lower share count. Similarly, Piper Sandler increased its price target to $63 from $58, citing the company’s significant share price outperformance after a slow start to the year. These developments reflect analysts’ positive outlook on FB Financial’s growth prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.