FirstBank parent looking for more M&A

The leaders of FirstBank parent company FB Financial said this week they hope to be able to finalize a few acquisition deals before year’s end and build on the successful purchases of about $1.8 billon in assets in the past four years.

President and CEO Chris Holmes told analysts and investors this week his team is “actively speaking to a few” banks’ leaders and hinted they are either in FirstBank’s existing markets or in contiguous areas. Holmes and his team early this year bulked up by paying about $38 million for 14 Atlantic Capital branches in East Tennessee and North Georgia, filling out FirstBank’s presence in those market.