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10-K annual report · filed Feb 26, 2026

FB Financial Corp (FBK) FY2025 10-K Annual Report

FBK overviewOriginal on SEC EDGAR
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FB Financial Corp (FBK) filed its fiscal 2025 10-K annual report with the SEC on Feb 26, 2026. It reported revenue of $834M (+14.9% year over year) and net income of $123M.

  • Top risk flagged: Dividend restrictions under Federal Reserve Regulation H limit payments without TDFI/Federal Reserve approval; $36.7M available at Dec 31, 2025 versus $185.9M at Dec 31, 2024

FY2025 key financial metrics · XBRL

Revenue
$834M
+14.9% YoY
Net income
$123M
+5.7% YoY
EPS (diluted)
$2.45
−1.2% YoY
ROE
6.3%
−1.1 pp YoY
Operating cash flow
$156M
+12.3% YoY

Source: XBRL data from the FB Financial Corp (FBK) FY2025 10-K on SEC EDGAR. USD.

FB Financial Corp FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Management Discussion & Analysis

  • Revenue mix: Banking and Mortgage segments; main Banking revenue from loan interest, fees; Mortgage from origination fees, secondary market gains
  • M&A: Southern States Bancshares merger added $2.83B assets, $2.27B loans, $2.47B deposits; $368.4M consideration paid; goodwill $107.8M
  • Asset base: Total assets $16.30B; loans $12.38B; deposits $13.91B; equity $1.95B as of 12/31/2025
  • Credit costs: Provision for credit losses $43.3M (2025) vs $12.0M (2024); $28.4M due to Southern States acquired loans
  • Credit quality: Nonperforming loans 0.97% vs 0.87% YoY; classified loans 1.10% vs 1.15%; nonperforming assets 0.97% vs 0.93% assets

Risk Factors

  • Dividend restrictions under Federal Reserve Regulation H limit payments without TDFI/Federal Reserve approval; $36.7M available at Dec 31, 2025 versus $185.9M at Dec 31, 2024
  • Shareholders’ equity rose to $1.95B at Dec 31, 2025 from $1.57B in 2024, driven by $368M stock issuance from Southern States merger
  • Capital ratios at Bank level: total risk-based capital 13.2%, Tier 1 leverage 10.3%, well above minimum regulatory thresholds as of Dec 31, 2025
  • $155.9M stock repurchases in 2025 potentially impacting capital adequacy and liquidity position
  • Dividend payout to holding company reached $201.6M in 2025 board-approved cash dividends, up from $61.5M in 2024

Generated from the filing text; verify against the original. How to read a 10-K

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