FB Financial Corporation Boosts Quarterly Dividend Announcement

Author: Logan Wright Updated: 01-29-2025 03:18 PM

FB Financial Corporation Declares Dividend Increase

FB Financial Corporation (NYSE: FBK) has shared exciting news regarding its quarterly dividend payments. The company’s board of directors has declared a cash dividend of $0.19 per share. This is a significant announcement that reflects the company’s ongoing commitment to providing returns to its shareholders.

Details of the Dividend Declaration

The newly declared dividend will be paid on a specific date to those shareholders who are on record by an established cutoff. This particular dividend payment demonstrates the corporation's stability and growth, marking another step in its long-standing practice of rewarding its investors.

CEO's Statement on Financial Performance

Christopher T. Holmes, the President and Chief Executive Officer of FB Financial Corporation, has expressed enthusiasm about the announcement. He highlighted that this marks the 28th consecutive quarterly dividend declared by the company, showcasing a 12% increase compared to earlier periods. This consistent practice reflects the financial strength of the corporation, emphasizing that they are not only profitable but are also focused on growth.

Commitment to Shareholders

Holmes's remarks reveal more than just numbers; they convey a dedication to the shareholders. The increase in dividends indicates the company’s ongoing commitment to return capital to its investors. FB Financial Corporation is keen on maintaining that momentum while ensuring reliable returns even as it looks ahead.

About FB Financial Corporation

Headquartered in Nashville, FB Financial Corporation operates through its banking arm, FirstBank. With an impressive footprint that includes 77 full-service bank branches located across multiple states including Tennessee, Kentucky, Alabama, and North Georgia, the company is well-positioned in the financial services industry.

Total Assets and Growth Trajectory

This financial holding company boasts approximately $13.2 billion in total assets. As it continues to expand its services throughout the Southeast through its mortgage offices, shareholders can have confidence in the corporation’s stable trajectory and growth outlook.

Frequently Asked Questions

What is the new dividend amount declared by FB Financial Corporation?

The newly declared quarterly cash dividend is $0.19 per share.

When will the dividend be paid to shareholders?

The dividend is set to be payable on an announced date to shareholders of record by a specific cutoff date.

How much has the dividend increased compared to previous quarters?

The dividend has increased by 12% compared to prior quarters.

What is FB Financial Corporation's total assets?

FB Financial Corporation holds approximately $13.2 billion in total assets.

What is the significance of the dividend increase?

The dividend increase demonstrates FB Financial Corporation's commitment to returning value to its shareholders during its financial growth phase.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

Contact Logan Wright privately here. Or send an email with ATTN: Logan Wright as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.