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 15th. 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%

FBK stock traded up $0.66 during mid-day trading on Friday, hitting $59.14. 185,332 shares of the company were exchanged, compared to its average volume of 258,179. FB Financial Corporation has a 1-year low of $38.83 and a 1-year high of $62.37. The stock has a market capitalization of $3.16 billion, a PE ratio of 24.64 and a beta of 1.00. The business has a 50 day simple moving average of $58.38 and a 200-day simple moving average of $55.73.

FB Financial (NYSE:FBK) last announced its earnings results 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. FB Financial had a return on equity of 11.21% and a net margin of 13.07%.The company had revenue of $178.36 million for the quarter, compared to analyst estimates of $176.30 million. During the same quarter last year, the company earned $0.85 earnings per share. Equities research analysts expect that FB Financial Corporation will post 3.64 earnings per share for the current year.

FB Financial Increases Dividend

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

Insider Activity at FB Financial

In other news, major shareholder James Austin Mcpherson sold 8,500 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $60.06, for a total value of $510,510.00. Following the completion of the sale, the insider owned 9,484 shares of the company’s stock, valued at approximately $569,609.04. This represents a 47.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On FB Financial

Several hedge funds have recently added to or reduced their stakes in FBK. AQR Capital Management LLC increased its position in FB Financial by 23.8% in the 1st quarter. AQR Capital Management LLC now owns 59,372 shares of the financial services provider’s stock valued at $2,752,000 after acquiring an additional 11,414 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of FB Financial by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,149 shares of the financial services provider’s stock worth $980,000 after purchasing an additional 930 shares during the last quarter. Millennium Management LLC increased its holdings in FB Financial by 11.8% in the first quarter. Millennium Management LLC now owns 354,156 shares of the financial services provider’s stock valued at $16,419,000 after purchasing an additional 37,385 shares during the period. Jones Financial Companies Lllp bought a new position in FB Financial during the 1st quarter worth $245,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in FB Financial by 39.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 80,138 shares of the financial services provider’s stock worth $3,715,000 after purchasing an additional 22,662 shares during the last quarter. 65.40% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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

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.