BlackRock's passive stake increase is routine for an index fund manager and does not signal a change in investment thesis. Monitor for any future conversion to a Schedule 13D, which would indicate activist intent, but no such signal is present here.
Price Chart
Executive Summary
BlackRock filed an amended Schedule 13G disclosing beneficial ownership of 7,224,239 shares of FB Financial Corp (14.6% of common stock) as of September 30, 2026. This is a routine passive stake update by a large index fund manager; the filing shows a slight increase from the prior filing's 7,103,581 shares (14.6% vs. prior percentage not directly comparable due to share count changes). No activist intent is indicated.
Key Financial Metrics
Key Facts
- BlackRock reported beneficial ownership of 7,224,239 shares of FB Financial Corp common stock as of September 30, 2026.
- The stake represents 14.6% of outstanding shares.
- This is an amendment to a Schedule 13G, filed under Rule 13d-1(b) as a passive investment.
- The filing shows an increase from 7,103,581 shares reported in the prior 13G/A (filed March 26, 2026).
- BlackRock Fund Advisors is the entity within BlackRock that beneficially owns 5% or more of the class.
- The filing was made approximately two weeks after FB Financial's Q3 2026 earnings release.
Financial Impact
BlackRock increased its stake by approximately 120,658 shares (from 7,103,581 to 7,224,239) between the prior filing and September 30, 2026. At the current market cap of $2.7B, the stake is valued at roughly $394M.
Risk Factors
- No material risks identified from this filing; it is a routine passive ownership update.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13G/A Filing (Primary) | 0002012383-26-003779 |
| Document: Item_7.txt | 0002012383-26-003779 |
| Document: 0002012383-26-003779-index-headers.html | 0002012383-26-003779 |
| Document: 0002012383-26-003779-index.html | 0002012383-26-003779 |
| Document: 0002012383-26-003779.txt | 0002012383-26-003779 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 2d ago | SC 13G | $53.96 | awaiting T+5 | awaiting T+5 | $53.57 (−0.72%) |
Oct 27, 2026 4d ago | SC 13G/A | $52.94 | awaiting T+5 | awaiting T+5 | $53.57 (+1.19%) |
Oct 21, 2026 10d ago | Insider Buy | $53.62 $53.69 | ▲ +0.13% | ▼ −0.58% | $53.57 (−0.09%) |
Oct 13, 2026 19d ago | 8-K | $50.72 $52.25 | ▲ +3.02% | ▲ +4.17% | $53.57 (+5.62%) |
Sep 21, 2026 5w ago | 424B5 | $53.60 $52.27 | ▼ −2.48% | ▼ −1.46% | $53.57 (−0.06%) |
Sep 21, 2026 5w ago | 8-K | $53.60 $52.27 | ▼ −2.48% | ▼ −1.46% | $53.57 (−0.06%) |
Sep 17, 2026 6w ago | 8-K | $53.50 $52.81 | ▼ −1.29% | ▼ −1.89% | $53.57 (+0.13%) |
Jul 15, 2026 15w ago | 144 | $60.42 $58.17 | ▼ −3.72% | ▼ −2.05% | $53.57 (−11.34%) |
May 13, 2026 24w ago | 8-K | $51.75 $52.59 | ▲ +1.62% | ▲ +2.34% | $53.57 (+3.52%) |
Apr 13, 2026 28w ago | 8-K | $54.48 $53.66 | ▼ −1.51% | ▼ −2.90% | $53.57 (−1.67%) |
US Market Status
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