Follow the Money: Regional Bank Stock Sees Sizable Buy Ticket From Fund

Core Insights - Mendon Capital Advisors Corp acquired 144,000 shares of FB Financial Corporation, valued at approximately $7.62 million, during the third quarter of 2025 [1][2][10] - This acquisition represents about 2.92% of Mendon Capital's total reportable U.S. equity assets, which amount to approximately $260.71 million as of September 30, 2025 [3] Company Overview - FB Financial Corporation is a regional bank holding company based in Nashville, Tennessee, operating through FirstBank with a network of full-service branches and mortgage offices [6] - The company offers a diversified banking and mortgage platform, focusing on both commercial and retail client needs, and emphasizes local market expertise [6][9] - As of December 5, 2025, FB Financial's market capitalization is $3.05 billion, with a trailing twelve months (TTM) revenue of $815.45 million and net income of $103.55 million [4][6] Performance Metrics - FB Financial's stock price was $56.87 as of December 8, 2025, reflecting a 2.2% increase over the past year, although it underperformed the S&P 500 by 12.1 percentage points [3] - Over the last five years, FB Financial's stock has increased by 81%, trailing the S&P 500's total return of 100% but outperforming the State Street SPDR S&P Regional Banking ETF (KRE), which advanced by only 46% during the same period [12][13] - The compound annual growth rate (CAGR) for FB Financial over the last five years is 12.6%, compared to KRE's CAGR of 7.9% [13]