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FB financial director Orrin H. Ingram II buys $1.5m in stock

FB financial director Orrin H. Ingram II buys $1.5m in stock

Orrin H. Ingram II, a notable figure within FB Financial Corp, bolstered his stake in the company by purchasing $1.5 million worth of shares. On the 20th of October, 2026, the director and 10% owner of the bank acquired a total of 29,081 shares of FB Financial Corp common stock. These shares were bought at prices ranging from $52.68 to $53.11, culminating in a weighted average purchase price of $52.68.

Specifically, Ingram acquired 15,591 shares at $52.68 on average and 13,490 shares at $53.11 on average. Consequently, the total count of Ingram's holdings in FB Financial Corp common stock ascended to 124,391 shares. FB Financial Corp, a $2.58 billion market cap bank holding company, trades in alignment with current analyst projections.

To delve further into FBK's valuation and financial status, investors may peruse the detailed Pro Research Report, accessible for this and over 1,400 US equities on InvestingPro. More recently, FB Financial Corp disclosed Q3 2026 adjusted earnings per share at $1.21, matching Wall Street's expectations. However, the bank's revenue of $174.49 million was lower than the forecasted $181.55 million.

The institution noted enhanced net interest income and reduced provision expenses, even amidst issues of margin compression and mortgage banking difficulties. StoneX has lowered its price target for FB Financial Corp to $61 from $67, citing profitability issues and adjusting its earnings forecasts for fiscal years 2026 and 2027.

In contrast, Keefe, Bruyette & Woods reduced its price target to $64 from $65, retaining an Outperform rating and emphasizing the company's robust growth and strong profitability indicators. FB Financial Corp's net interest margin has decreased from 3.95% to 3.83%, with management anticipating possible ongoing pressure from elevated rates on mortgage banking.

Despite these hurdles, the company showcased robust core banking performance with an adjusted return on average tangible common equity of 15.7%.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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