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Stock impact report

FB Financial Corporation Completes Merger With Franklin Financial Network, Inc.

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
Combination creates Tennessee’s premier community bank NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (NYSE: FBK) (“FB Financial”), parent company of FirstBank, completed, effective August 15, 2020, its previously announced merger with Franklin Financial Network, Inc., parent company of Franklin Synergy Bank (collectively referred to as “Franklin”).FirstBank, the third-largest Tennessee-headquartered bank, now has approximately $11.0 billion in assets, $7.6 billion in loans held for investment and $9.1 billion in deposits on a pro forma basis as of June 30, 2020, following the merger with Franklin.The combination significantly enhances FirstBank’s operations in the Nashville MSA, specifically in the attractive Williamson and Rutherford counties where Franklin has a strong community presence. Pro forma for the transaction, FirstBank’s deposit market share is #6 in the Nashville MSA, #1 in Williamson County and #2 in Rutherford County.FB Financial’s President and CEO Chr Show less Read more
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