Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of FB Financial Corporation (NYSE:FBK)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of FB Financial Corporation (NYSE:FBK). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in FB Financial stock on January 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
  • Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
  • Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

FB Financial Trading Up 1.1%

Shares of FBK traded up $0.66 during midday trading on Friday, reaching $59.14. 185,332 shares of the stock were exchanged, compared to its average volume of 258,179. The company has a market capitalization of $3.16 billion, a P/E ratio of 24.64 and a beta of 1.00. FB Financial Corporation has a 52 week low of $38.83 and a 52 week high of $62.37. The company’s 50 day moving average is $58.38 and its two-hundred day moving average is $55.73.

FB Financial (NYSE:FBKGet Free Report) last released its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.02. The company had revenue of $178.36 million during the quarter, compared to analyst estimates of $176.30 million. FB Financial had a net margin of 13.07% and a return on equity of 11.21%. During the same period in the prior year, the firm earned $0.85 earnings per share. On average, sell-side analysts expect that FB Financial Corporation will post 3.64 EPS for the current year.

FB Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 24th. Stockholders of record on Tuesday, February 10th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, February 10th. This is a positive change from FB Financial’s previous quarterly dividend of $0.19. FB Financial’s dividend payout ratio is currently 35.00%.

Insiders Place Their Bets

In other FB Financial news, major shareholder James Austin Mcpherson sold 8,500 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $60.06, for a total transaction of $510,510.00. Following the transaction, the insider owned 9,484 shares in the company, valued at approximately $569,609.04. This represents a 47.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FBK. Wall Street Zen raised shares of FB Financial from a “sell” rating to a “hold” rating in a report on Sunday, November 16th. Piper Sandler cut FB Financial from an “overweight” rating to a “neutral” rating and increased their target price for the company from $63.00 to $65.00 in a research report on Friday, January 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of FB Financial in a report on Thursday, January 22nd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, FB Financial has an average rating of “Moderate Buy” and an average target price of $61.20.

Check Out Our Latest Report on FB Financial

Hedge Funds Weigh In On FB Financial

A number of large investors have recently made changes to their positions in FBK. Investors Research Corp purchased a new position in FB Financial during the 3rd quarter worth $26,000. UMB Bank n.a. grew its stake in shares of FB Financial by 155.9% during the third quarter. UMB Bank n.a. now owns 481 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 293 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of FB Financial during the fourth quarter valued at about $27,000. Assetmark Inc. purchased a new position in shares of FB Financial in the 4th quarter valued at approximately $30,000. Finally, Tripletail Wealth Management LLC acquired a new stake in FB Financial in the 3rd quarter worth approximately $31,000. 65.40% of the stock is owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

FB Financial Company Profile

(Get Free Report)

FB Financial Corporation, through its banking subsidiary FirstBank, is a Tennessee-based bank holding company that provides a broad range of financial services to individuals, small and medium-sized businesses, and commercial clients. Established to serve the banking needs of communities across the southeastern United States, the company’s core offerings include consumer and commercial deposit products, commercial lending, and mortgage services.

In addition to traditional checking and savings accounts, FB Financial’s service portfolio encompasses treasury and cash management, equipment financing, and letters of credit to support the working capital and expansion needs of business customers.

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