FB Financial Corporation’s board approved a quarterly cash dividend of $0.21 per share, up $0.02 from the prior quarter, marking the 32nd consecutive distribution. The dividend will be paid on February 24, 2026 to shareholders of record as of February 10, 2026. President and CEO Christopher T. Holmes attributed the increase to the company’s strong operating performance and growing franchise, noting that the 11% raise underscores FB Financial’s commitment to delivering stable, growing income to its investor base.

For the quarter ended December 31, 2025, FB Financial reported net income of $57.0 million, or $1.07 per diluted share, up sharply from $23.4 million, or $0.43 per diluted share, in the prior quarter and $37.9 million, or $0.81, a year earlier. Adjusted net income reached $61.5 million, or $1.16 per diluted share, exceeding both sequential and year-ago comparisons. Strong pre-tax, pre-provision net revenue of $71.1 million and a reduction in the effective tax rate to 18.4% contributed to the outperformance. CEO Holmes highlighted the substantial share repurchase during the quarter as a catalyst for meaningful earnings accretion.

At year-end 2025, loans held for investment totaled $12.38 billion, a 2.8% increase from the prior quarter and a 29.0% rise year-over-year, driven by growth across commercial real estate, residential real estate and commercial and industrial portfolios. Total deposits grew to $13.91 billion, up 2.8% sequentially and 24.1% year-over-year, with noninterest-bearing balances of $2.63 billion. Net interest margin expanded to 3.98%, up three basis points quarter-over-quarter, supported by lower funding costs. The allowance for credit losses on loans remained stable at 1.50% of loans HFI, and net charge-offs held at a minimal 0.05% annualized, reflecting disciplined underwriting and portfolio quality.