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FB Financial to Expand in Alabama and Georgia by Merger With Southern States - FB Financial (NYSE:FBK), Southern States (NASDAQ:SSBK)

Summary by Benzinga
NASHVILLE, Tenn. and ANNISTON, Ala., March 31, 2025 (GLOBE NEWSWIRE) -- FB Financial Corporation ("FB Financial") (NYSE:FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. ("Southern States") (NASDAQ:SSBK), the parent company of Southern States Bank, jointly announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered…

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bankingdive.combankingdive.com
Center

FB Financial to acquire Southern States for $381M

Acquiring $2.8 billion-asset Southern States would grow Nashville, Tennessee-based FB to $16 billion in assets and expand its footprint in Alabama and Georgia.

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Focus TaiwanFocus Taiwan
Lean Left

Taishin-Shin Kong merger gets final regulatory go ahead - Focus Taiwan

Taipei, March 31 (CNA) The merger of Taishin Financial Holding Co. and Shin Kong Financial Holding Co. cleared its final hurdle Monday when Taiwan's top financial regulator approved the move that has been discussed on and off since 2002.

·Taiwan
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BenzingaBenzinga
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FB Financial to Expand in Alabama and Georgia by Merger With Southern States - FB Financial (NYSE:FBK), Southern States (NASDAQ:SSBK)

NASHVILLE, Tenn. and ANNISTON, Ala., March 31, 2025 (GLOBE NEWSWIRE) -- FB Financial Corporation ("FB Financial") (NYSE:FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. ("Southern States") (NASDAQ:SSBK), the parent company of Southern States Bank, jointly announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered…

·New York, United States
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csimarket.comcsimarket.com

#FB Financial to Expand in Alabama and Georgia by Merger With Southern States

NASHVILLE, Tenn. and ANNISTON, Ala. March 31, 2025 ' In a significant development for the Southeastern banking landscape, FB Financial Corporation (NYSE: FBK), the parent company of FirstBank, announced today its definitive merger agreement with Southern States Bancshares, Inc. (Nasdaq: SSBK), the parent company of Southern States Bank. This merger represents a strategic move for both entities as they endeavor to enhance their offerings and expa…

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American BankerAmerican Banker

Nashville's FB Financial makes deal to expand near Atlanta

The $381 million deal for Alabama-based Southern States Bancshares would give FB entree to the sprawling Atlanta market. CEO Christopher Holmes said the bank would likely focus on nearby suburban communities initially.

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Business Alabama MagazineBusiness Alabama Magazine

Southern States Bancshares acquired by FB Financial Corp.

Southern States is headquartered in Anniston with 15 branches in Alabama and Georgia.

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Benzinga broke the news in New York, United States on Monday, March 31, 2025.
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