FB Financial Corp. Stock Analysis FBK

FB Financial Corp. is a bank holding company, which provides commercial and consumer banking services to clients in select markets primarily in Tennessee, North Alabama, and North Georgia through its subsidiary. The company is headquartered in Nashville, Tennessee and currently employs 1,594 full-time employees. The company went IPO on 2016-09-16. The firm operates through its wholly owned banking subsidiary, FirstBank, in Tennessee, Alabama, Kentucky, and Georgia. The firm operates through two segments: Banking and Mortgage. Its Banking segment provides a full range of deposits and lending products and services to corporate, commercial and consumer customers. The company also originates conforming residential mortgage loans through its Mortgage segment, whose activities include the servicing of residential mortgage loans and securitization of loans to third party private investors or government sponsored agencies. The company operates over 90 full-service bank branches across its footprint serving markets across Tennessee, including Nashville, Chattanooga, Knoxville, Memphis, Jackson, and others. FirstBank also provides retail mortgage banking services utilizing its bank branch network and over 12 mortgage banking offices strategically located throughout the southeastern United States.