FB Financial announces $175M common stock buyback

FB Financial (FBK) Corporation, the parent company of FirstBank, announced today that its board of directors authorized the repurchase of up to $175M of the company’s outstanding common stock. The repurchase authorization will be in place until June 30, 2027, and replaces the company’s previous authorization, which was to expire on January 31, 2027. “The board’s approval of this repurchase authorization reflects the Company’s strong financial position and disciplined approach to capital management,” said Christopher T. Holmes, President and Chief Executive Officer. “This approach allows us to evaluate capital deployment opportunities while remaining focused on long-term shareholder value.”