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Stock impact report

FB Financial Corporation Completes Acquisition of FNB Financial Corp.

FB Financial Corporation (FBK) 
Last fb financial corporation earnings: 4/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.firstbankonline.com
Company Research Source: Business Wire
FirstBank Expands into Kentucky NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (NYSE: FBK) (“FB Financial”) completed, effective February 14, 2020, its previously announced acquisition of FNB Financial Corp. and its wholly owned subsidiary, The Farmers National Bank of Scottsville (collectively referred to as “Farmers National”).FirstBank, the third-largest Tennessee-headquartered bank, now has approximately $6.4 billion in assets, $4.6 billion in loans held for investment and $5.1 billion in deposits on a pro forma basis as of December 31, 2019 following the acquisition of Farmers National.The acquisition provides FirstBank with an entry into the attractive Bowling Green MSA where Farmers National is currently ranked 7th in deposit market share with approximately $204 million in deposits based on FDIC data as of June 30, 2019.FB Financial’s President and CEO Chris Holmes stated, “This is an outstanding combination of like-minded banks. Farmers National has been a pil Show less Read more
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