FB Financial Corp traded at $58.27 this Monday August 24th, decreasing $0.38 or 0.65 percent since the previous trading session. Looking back, over the last four weeks, FB Financial lost 1.04 percent. Over the last 12 months, its price rose by 10.11 percent. Looking ahead, we forecast FB Financial Corp to be priced at 57.39 by the end of this quarter and at 53.79 in one year, according to Trading Economics global macro models projections and analysts expectations.
FB Financial Corporation is a financial holding company. The Company operates through its wholly owned banking subsidiary, FirstBank with approximately 81 full-service bank branches across Tennessee, Kentucky, Alabama and North Georgia, and mortgage offices across the Southeast. It operates through two segments: Banking and Mortgage. The Banking segment provides a full range of deposit and lending services to corporate, commercial and consumer customers. The Company also originates conforming residential mortgage loans through the Mortgage segment which engages in servicing and sale of mortgage loans through the secondary markets. It also provides other limited servicing banking, automated teller machine (ATM) and mortgage loan production locations serving metropolitan and community markets across its footprint. It also operates in approximately 17 community markets. The Company also provides mortgage banking services utilizing its bank branch network and mortgage banking offices.