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

Orrin H. Ingram II, a director and 10% owner of FB Financial Corp (NASDAQ:FBK), recently increased his holdings in the company through significant stock purchases. On October 20, 2026, Mr. Ingram acquired shares totaling approximately $1,537,787. The shares were purchased at prices ranging between $52.68 and $53.11. This insider confidence aligns with broader management actions, as InvestingPro data reveals the company has been aggressively buying back shares while maintaining a P/E ratio of just 11.5.

These transactions included the acquisition of 15,591 shares of common stock at a weighted average price of $52.68. The individual shares in this block were purchased at prices ranging from $51.93 to $52.92. Additionally, Mr. Ingram purchased 13,490 shares at a weighted average price of $53.11, with individual share prices ranging from $52.95 to $53.25.

Following these purchases, Mr. Ingram beneficially owns a total of 124,391 shares of FB Financial Corp common stock. The $2.58 billion market cap bank holding company trades near current analyst price targets. For deeper insights into FBK’s valuation and financial health, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.

In other recent news, FB Financial Corp. reported third-quarter 2026 adjusted earnings per share of $1.21, aligning with Wall Street estimates. However, the company’s revenue of $174.49 million fell short of the projected $181.55 million. The bank noted stronger net interest income and lower provision expenses, despite challenges from margin compression and mortgage banking weakness. StoneX has lowered its price target for FB Financial to $61 from $67, citing profitability concerns and adjusted its earnings projections for fiscal 2026 and 2027. Meanwhile, Keefe, Bruyette & Woods also reduced its price target to $64 from $65, maintaining an Outperform rating and highlighting the company’s robust growth and strong profitability metrics. FB Financial’s net interest margin narrowed to 3.83% from 3.95% in the previous quarter, with management indicating potential continued pressure from high rates on mortgage banking in the future. Despite these challenges, the company reported solid core banking performance with a return on average tangible common equity of 15.7% on an adjusted basis.