Professional
Added to YB: 2025-01-14
Pitch date: 2024-12-31
FBK [bullish]
FB Financial Corporation
+14.91%
current return
Author Info
No bio for this author
Company Info
FB Financial Corporation operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services to businesses, professionals, and individuals.
Market Cap
$2.4B
Pitch Price
$51.36
Price Target
N/A
Dividend
1.46%
EV/EBITDA
N/A
P/E
20.95
EV/Sales
N/A
Sector
Banks
Category
value
Heartland Value Plus Fund Portfolio Holding: FB Financial Corporation
FBK: Nashville-based bank up 29% in 2024 on strong deposit/loan growth in SE US. Restructured securities portfolio to boost interest income. Insiders buying. Still attractive at 1.8x TBV (below 10yr avg) & 15x P/E despite stable margins & growing dividend. Operates in TN, KY, GA, AL.
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