FB Financial Increases Dividend, Reinforcing Commitment to Shareholder Returns and Financial Strength

FB Financial Corporation Reaffirms Commitment to Shareholder Returns with Increased Dividend

FB Financial Corporation, based in Nashville, Tennessee, strengthens its commitment to shareholder value by announcing its 28th consecutive quarterly cash dividend, now set at $0.19 per share. This increase of 12% from previous quarters signals the company’s robust financial health and its strategic focus on returning capital to investors. The dividend is scheduled for payment on February 25, 2025, to shareholders on record as of February 11, 2025. Christopher T. Holmes, the President and CEO of FB Financial, underscores the importance of this consistent payout, asserting that it reflects the company's ability to generate sustainable profits while maintaining a strong balance sheet.

The announcement of the dividend comes as FB Financial Corporation operates through its wholly owned banking subsidiary, FirstBank. With 77 full-service branches spanning Tennessee, Kentucky, Alabama, and North Georgia, as well as mortgage offices throughout the Southeastern United States, the company is well-positioned in a competitive regional banking landscape. Holmes emphasizes that the financial strength demonstrated through the increased dividend showcases the company’s strategic efforts in expanding its footprint and enhancing customer service across its markets. The firm’s total assets, approximately $13.2 billion, further illustrate its growing stature as a formidable player in the banking sector.

As FB Financial Corporation looks to the future, its leadership remains committed to fostering long-term shareholder value and maintaining operational momentum. The company's ability to increase dividends consistently is a testament to its sound management practices and growth strategies. By prioritizing reliable returns, FB Financial not only strengthens shareholder confidence but also reinforces its reputation in the banking industry as a prudent and growth-oriented financial institution.

In addition to its sustainable dividend policy, FB Financial's operational framework emphasizes a strong community presence and customer engagement. The company continues to invest in technology and services that enhance customer experience, ensuring that it meets the evolving needs of its clients in a rapidly changing financial landscape. Overall, the firm’s proactive approach to capital management and customer service positions it favorably for future growth and resilience in the banking sector.