FB Financial Corporation’s board of directors has approved a quarterly cash dividend of $0.21 per share, marking an increase of $0.02 from the prior distribution and representing an 11% uplift. This marks the company’s 32nd consecutive quarterly dividend payment. The dividend will be payable on February 24, 2026 to shareholders of record as of February 10, 2026. Christopher T. Holmes, President and Chief Executive Officer, attributed the increase to the bank’s strong operating performance and expanding franchise footprint, which support the firm’s commitment to returning value through stable and growing income streams.

In the quarter ended December 31, 2025, FB Financial posted net income of $57.0 million, or $1.07 per diluted common share, up from $23.4 million, or $0.43, in the prior quarter and $37.9 million, or $0.81, in the year-ago period. On an adjusted basis, net income was $61.5 million, or $1.16 per diluted share, compared with $57.6 million, or $1.07, in Q3 2025. Net interest margin expanded to 3.98% from 3.95% in the previous quarter, driven by lower funding costs and favorable mix. Total revenue rose to $178.6 million, as net interest income climbed to $149.8 million and noninterest income reached $28.8 million.

Loans held for investment grew modestly to $12.38 billion, up from $12.30 billion at September 30, 2025, led by increases in commercial real estate and residential real estate portfolios. Deposits ended the quarter at $13.91 billion, reflecting a 2.8% increase year-over-year and a slight uptick from the prior quarter. The allowance for credit losses on loans remained steady at $186.0 million, or 1.50% of loans held for investment. Annualized net charge-offs were a low 0.05% of average loans, consistent with the previous quarter and improved from 0.47% a year ago.

During Q4, FB Financial executed a significant share repurchase program, reflecting confidence in its valuation and delivering earnings accretion. Book value per common share rose to $37.64, while tangible book value per share increased to $30.27. Return on average assets improved to 1.40% (1.51% adjusted) and return on average shareholders’ equity reached 11.6%, up from 4.7% in the prior quarter. The efficiency ratio narrowed to 56.3% on an adjusted basis, demonstrating effective cost management even as performance-based compensation rose following strong quarterly results.