FB Financial executives said Tuesday they expect to focus more on cost control and the strong mortgage market in the coming months with the expectation that loan demand will pick up in the second half of 2021.
The leaders of Reliant Bancorp posted a fourth-quarter profit of $12.2 million, nearly three times the number of late 2019 thanks in part to two acquisitions, and said Friday they are forecasting solid bottom-line growth this year — helped by the pending closure of a number of its branches.
Coming off a year in which they moved their headquarters to Middle Tennessee and spent nearly $380 million on two acquisitions, the leaders of cold-storage and logistics company Cryoport have filed papers to raise at least $200 million.
Investment management firm CapWealth Advisors has hired Caleb Alexander to be its CFO.
IMAC Holdings executives have secured some financing for their clinical trial of a proposed stem cell treatment for one of the main symptoms of Parkinson’s disease.
Brentwood-based Reliant Bank has been named Best Small Bank in Tennessee by Newsweek in its first ranking of financial institutions that best serve their customers' needs in today's challenging times.
The leaders of Tractor Supply have finalized the sale of $650 million in 10-year debt it will use to refinance other borrowings.
After opening several branches in Nashville over the last year, banking giant JPMorgan Chase is planning to open its first branch in Williamson County by the middle of 2021.
Payment processor and software venture Celero Commerce has acquired a Chicago-based peer that grows its volume and customer base by about 40 percent.
Bank holding company FB Financial has reported a small third-quarter loss thanks to a number of one-time items related to its big acquisition of Franklin Financial Network. Adjusted net income more than doubled from the second quarter to $59.5 million.
IMAC Holdings is returning to the capital markets for funding, this time filing papers that will let it raise up to $5 million through the sale of stock at market prices.
Activist investor Sardar Biglari has picked a former CEO of Clarcor as the Cracker Barrel Old Country Store director he wants to replace at next month’s annual shareholders’ meeting.
The leaders of local merchant bank Bailey Southwell & Co. have recruited a veteran of two Minneapolis investment firms to run their affiliated fund focused on health care and etc-enabled services companies.
Bank deposits in Williamson County jumped up over the over the last year, with Tennessee banks leading the way, according to new data released by the Federal Deposit Insurance Corp.
FB Financial executives recently raised $100 million in 10-year debt to give them a little more padding.
The chief accounting officer and controller of Reliant Bancorp has left the Brentwood lender after a year and a half.
First Horizon Bank has tapped Cara Rhodes to be the company’s vice president of client services for Middle Tennessee.
Two senior Dollar General executives this week took some profits from the nearly 30 percent year-to-date rally in the retail giant’s shares.
Dollar General CEO Todd Vasos this week took some of his chips off the table, booking a profit of nearly $25 million by exercising almost 200,000 stock options and then selling that number of the retail giant’s shares, which have risen nearly 50 percent since the March market low.
The leaders of Reliant Bancorp have filed papers with the Securities and Exchange Commission that would let them raise up to $100 million in the future.
The leaders of Wilson Bank & Trust have named a longtime FirstBank commercial banker to be their Williamson County market leader.
Shares of home furnishings retailer Kirkland’s were down about 3 percent in the last half hour of trading Tuesday.
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Earlier this week Democrats officially made Joe Biden the party’s candidate for President, however most local companies haven’t contributed much to presidential candidates this election cycle.
Executives at Brookdale Senior Living have filed papers with the Securities and Exchange Commission that would enable the Brentwood-based company to sell up to $1 billion worth of stock or debt securities.
Shares of FB Financial and CoreCivic booked solid gains Wednesday after the team at S&P Dow Jones Indices included them in a few benchmark adjustments.
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Williamson County businesses that received a loan through the Paycheck Protection Program can start applying for forgiveness this week.
The leaders of J. Alexander’s Holdings say they can save more than $500,000 in staff and real estate expenses after combing through their operations during the COVID-19 pandemic.
Shares of Community Health Systems are set for a big up day after the hospital operator reported second-quarter results buoyed by federal aid dollars.
Coming off a solid second quarter that included nice cost savings from two recent acquisitions, Reliant Bancorp Chairman and CEO DeVan Ard Jr. said Friday his team isn’t counting on much loan growth for the rest of 2020 as the region’s economy looks to get back on track.
Reliant Bank has promoted the leader of its construction banking group to Williamson County market president.
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Businesses in Brentwood and Franklin, especially in the business heavy districts of Maryland Farms and Cool Springs, secured the biggest portion of the Paycheck Protection Program loans in Williamson County.
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