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FB Bancorp sells NOLA mortgage assets to First Federal

Story Highlights
  • FB Bancorp’s Fidelity Bank sold NOLA mortgage division assets on March 1, 2026.
  • The sale to First Federal Bank signals a strategic shift in Fidelity’s mortgage operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FB Bancorp sells NOLA mortgage assets to First Federal

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FB Bancorp, Inc. ( (FBLA) ) has shared an update.

On March 1, 2026, Fidelity Bank, the New Orleans-based subsidiary of FB Bancorp, Inc., completed the previously announced sale of certain assets of its NOLA mortgage division to First Federal Bank of Lake City, Florida. The transaction, executed under a December 31, 2025 asset purchase agreement, marks a strategic shift in Fidelity Bank’s mortgage operations and may refine its regional focus while transferring selected mortgage-related assets to First Federal Bank.

More about FB Bancorp, Inc.

FB Bancorp, Inc., through its bank subsidiary Fidelity Bank based in New Orleans, operates in the banking and financial services industry. The institution provides traditional banking products and related financial services in its regional markets, including specialized offerings such as mortgage operations through divisions like the NOLA mortgage unit.

Average Trading Volume: 111,702

Technical Sentiment Signal: Strong Buy

Current Market Cap: $261.3M

For detailed information about FBLA stock, go to TipRanks’ Stock Analysis page.

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