Investment Thesis
FB Financial Corporation (FBK) is an $11 billion asset bank holding company, headquartered in Nashville, Tennessee. FB Financial the third largest Tennessee based community bank, with 73 full-service bank branches across the state, along with a couple in Kentucky, Alabama and Georgia.
The bank serves clients throughout the state, but the markets of Nashville, Chattanooga, Knoxville, Memphis, and Huntsville are the main areas of growth. FBK also provides mortgage banking services utilizing its bank branch network and mortgage banking offices strategically located throughout the Southeast.
While most banks are too large