FBLA Research | Milton Maxwell

FBLA

FB Bancorp, Inc.

13.18

-0.06-0.45%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

261.46M

P/E (TTM)

Basic EPS (TTM)

-1.54

Dividend Yield

Recent Filings

8-K

NOLA mortgage assets sold

3/2/26Mar 2, 2026

Fidelity Bank, FB Bancorp's subsidiary, completed the sale of its NOLA mortgage division assets to First Federal Bank on March 1, 2026, under a December 31, 2025 asset purchase agreement. Transaction terms matched the prior disclosure. Deal streamlines operations.

8-K

Profit turn; mortgage sale

2/18/26Feb 18, 2026

FB Bancorp swung to a $1.3M net profit for 2025 from a $6.2M loss in 2024, driven by $3.9M from continuing operations despite a $2.7M mortgage segment drag. It's selling that loss-making unit—closing February 28, 2026—to cut 108 jobs and save $1.1M annually in salaries. Non-performers ticked up to 2.26%. Exit sharpens focus.

8-K

Authorizes 10% share repurchase

2/9/26Feb 9, 2026

FB Bancorp authorized a second stock repurchase program on February 9, 2026, for up to 1,785,375 shares—10% of shares outstanding. This follows completion of its first program, where 1,983,750 shares were bought back by January 14, 2026. Repurchases will occur on the open market via Rule 10b5-1 plan. No fixed timeline; market conditions may halt it.

8-K

Completes 10% stock buyback

1/14/26Jan 14, 2026

FB Bancorp completed its initial stock repurchase program on January 14, 2026, buying back 1,983,750 shares—10% of shares outstanding—at an average $12.725 per share, including costs. This capital return boosts earnings per share. It eyes further repurchases to lift shareholder value, though market conditions pose risks.

8-K

Sells NOLA division to First Federal

1/5/26Jan 5, 2026

Fidelity Bank's subsidiary signed an Asset Purchase Agreement on December 31, 2025, to sell its NOLA Lending Group division to First Federal Bank, with closing eyed for Q1 2026. Consideration equals net book value of tangible assets, security deposits, prepaids, plus $1,000 for IP. This sharpens Fidelity's banking focus. Risks include customary closing conditions.

About

FB Bancorp, Inc. operates as the bank holding company for Fidelity Bank that provides various banking products and services primarily for individuals, businesses, and communities. It operates in two segments: Traditional Banking and Mortgage Banking. The company offers various deposit products, including NOW accounts, savings accounts, money market accounts, and certificate of deposit accounts. It also provides residential mortgage loans; residential construction loans; commercial real estate loans, which includes commercial mortgage, commercial construction, and land development loans; commercial loans, which comprise commercial and industrial, small business, and other commercial loans not secured by real estate; home equity loans and lines of credit; and consumer loans. In addition, the company invests in securities, which consists primarily of mortgage-backed securities and obligations issued by U.S. government sponsored enterprises. FB Bancorp, Inc. was founded in 1908 and is headquartered in New Orleans, Louisiana.

CEO

Ms. Katherine Andry Crosby

IPO

10/23/2024

Website

https://www.bankwithfidelity.com

Employees

321

Sector

Financial Services

Industry

Banks - Regional