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New Deal


Announced

Completed

FB Financial completed the acquisition of FNB Financial.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Banks

United States

Private

Friendly

banks

Majority

Single Bidder

Completed

Acquisition

Synopsis

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FB Financial, which operates as a bank holding company, completed its acquisition of FNB Financial, the holding company for The First National Bank. Financial terms were not disclosed. “This is an outstanding combination of like-minded banks. Farmers National has been a pillar of Scottsville for almost 100 years, and we look forward to continuing to deliver the outstanding service and community involvement that Farmers National’s customers and communities have come to expect. We are thrilled to welcome Farmers National’s associates into the FirstBank family,” Chris Holmes, FB Financial President and CEO.

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