Group 1 - The stock of First Financial Bankshares, Inc. (FFIN) is experiencing significant attention due to high implied volatility in the options market, particularly for the Jul 18, 2025 $25.00 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in the stock's price, potentially due to an upcoming event [2] - First Financial Bankshares holds a Zacks Rank 2 (Buy) in the Banks - Southwest Industry, which is in the top 9% of the Zacks Industry Rank, indicating a positive outlook from analysts [3] Group 2 - Over the past 60 days, one analyst has raised their earnings estimate for the current quarter from 44 cents per share to 45 cents, with no downward revisions, reflecting a positive sentiment [3] - The high implied volatility may present trading opportunities, as seasoned options traders often seek to sell premium on options with elevated implied volatility, aiming for the underlying stock to not move as much as expected at expiration [4]

Group 1 - The stock of First Financial Bankshares, Inc. (FFIN) is experiencing significant attention due to high implied volatility in the options market, particularly for the July 18, 2025 $25 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant price change or an upcoming event that could lead to a rally or sell-off [2] - First Financial holds a Zacks Rank 2 (Buy) in the Banks – Southwest industry, which is in the top 7% of the Zacks Industry Rank, indicating a positive outlook despite no recent increases in earnings estimates from analysts [3] Group 2 - The current implied volatility for First Financial could signal a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to benefit from time decay [4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-07674 First Financial Bankshares, Inc. (Exact name of registrant as specified in its charter) Texas 75-0944023 (State or other jurisdiction of i ...

ABILENE, Texas, May 1, 2025 /PRNewswire/ -- The Board of Directors of First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company") has named James Hinton as President of First Financial Mortgage."We are excited to welcome James into this important leadership position for First Financial Mortgage," said David Bailey, President of First Financial Bankshares. "James has over four decades of leadership in the mortgage finance industry and he brings a level of energy that will help drive our Mortgage team for ...

ABILENE, Texas, April 29, 2025 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) – In connection with the 2025 Annual Shareholders' Meeting, the Board of Directors of First Financial Bankshares, Inc. today declared a $0.19 per share cash dividend for the second quarter, which represents a 5.6 percent increase and will be paid to shareholders of record on June 16, 2025, with payment set for July 1, 2025.At the Annual Shareholders' Meeting, shareholders elected thirteen members to the Board of D ...

ABILENE, Texas, April 24, 2025 /PRNewswire/ -- The Board of Directors of First Financial Bank has announced the election of Jeff Vorhees as Executive Vice President and Treasurer of First Financial Bank."We are delighted to welcome Jeff to the Bank to fill this very important role leading our finance team," said David Bailey, President of First Financial Bankshares. "Jeff's recent position at a larger bank, as well as his experience as a former bank examiner, will be critical in helping us make strategic ba ...

Group 1 - The article revisits First Financial Bankshares (NASDAQ: FFIN) after three months, indicating a focus on long-term, buy-and-hold investment strategies that prioritize high-quality earnings [1] - The author emphasizes a preference for stocks that can sustainably deliver high-quality earnings, particularly in the dividend and income sectors [1] Group 2 - The article does not provide any specific financial metrics or performance data for First Financial Bankshares [1]

Core Viewpoint - First Financial Bankshares (FFIN) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive earnings outlook that may lead to increased stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with stock price movements [4][6]. - Rising earnings estimates for First Financial suggest an improvement in the company's underlying business, likely resulting in higher stock prices [5][10]. Earnings Estimate Revisions - First Financial is projected to earn $1.80 per share for the fiscal year ending December 2025, reflecting a year-over-year increase of 15.4% [8]. - Over the past three months, the Zacks Consensus Estimate for First Financial has risen by 10.1% [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a 'Strong Buy' or 'Buy' rating [9][10]. - The upgrade to Zacks Rank 2 places First Financial in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns [10].

Core Viewpoint - First Financial Bankshares (FFIN) reported quarterly earnings of $0.43 per share, matching the Zacks Consensus Estimate and showing an increase from $0.37 per share a year ago [1] Financial Performance - The company posted revenues of $151.72 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 1.69% and up from $132.2 million year-over-year [2] - Over the last four quarters, First Financial has surpassed consensus revenue estimates four times [2] Stock Performance - First Financial shares have declined approximately 9.1% since the beginning of the year, compared to a decline of 10.3% for the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.44 on revenues of $153.8 million, and for the current fiscal year, it is $1.78 on revenues of $619.5 million [7] - The estimate revisions trend for First Financial is mixed, which may change following the recent earnings report [6] Industry Context - The Banks - Southwest industry, to which First Financial belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Financial Performance - First Financial Bankshares reported Q1 2025 earnings of $61.35 million, up from $53.40 million in Q1 2024, with earnings per share increasing from $0.37 to $0.43[1] - Net interest income for Q1 2025 was $118.79 million, compared to $100.24 million in Q1 2024, reflecting a net interest margin increase from 3.34% to 3.74%[3] - Noninterest income increased to $30.23 million in Q1 2025, driven by trust fees rising to $12.65 million, while mortgage income decreased to $2.83 million[6] - Noninterest expenses totaled $70.34 million in Q1 2025, up from $63.94 million in Q1 2024, with an efficiency ratio improving from 48.37% to 46.36%[7] - Net income for Q1 2025 was $61,346 thousand, slightly down from $62,321 thousand in Q4 2024, reflecting a decrease of 1.6%[16] - Noninterest income for Q1 2025 was $30,230 thousand, a decrease of 2.4% from $30,977 thousand in Q4 2024[16] - Total noninterest income for the quarter was $30,230 thousand, a slight decrease from $30,977 thousand in the previous quarter[20] Credit Quality - The provision for credit losses rose to $3.53 million in Q1 2025 from $808 thousand in Q1 2024, with the allowance for credit losses at 1.27% of loans[4] - The provision for credit losses increased to $3,528 thousand in Q1 2025, compared to $1,003 thousand in Q4 2024, indicating a significant rise in credit loss provisions[16] - Nonperforming assets decreased to $61,688 thousand, representing 0.78% of loans held-for-investment and foreclosed assets, down from 0.80% in the previous quarter[18] - The total classified loans increased to $245,612 thousand, up from $233,851 thousand in the previous quarter, indicating a rise in credit risk[18] Assets and Liabilities - Total assets reached $14.31 billion as of March 31, 2025, compared to $13.19 billion a year earlier, with loans increasing to $7.95 billion[8] - Total assets increased to $14,312,114 thousand as of March 31, 2025, up from $13,979,418 thousand at the end of 2024, representing a growth of 2.4%[16] - Total deposits rose to $12,466,771 thousand in Q1 2025, up 3.0% from $12,099,174 thousand in Q4 2024[16] - Deposits and Repurchase Agreements grew by $362.79 million, or 12.10% annualized, to $12.52 billion in Q1 2025 compared to December 31, 2024[8] - Interest-bearing liabilities totaled $9,010,521 thousand, with deposits accounting for $8,882,040 thousand and an average interest rate of 2.17%[22] Shareholders' Equity - Shareholders' equity increased to $1.68 billion as of March 31, 2025, up from $1.49 billion a year prior[9] - Shareholders' equity increased to $1,645,535 thousand, indicating a stable capital position[22] Operational Efficiency - Salary and employee benefit costs rose to $42.14 million in Q1 2025, primarily due to merit-based pay increases and profit-sharing accruals[10] - The efficiency ratio improved to 46.36% in Q1 2025, compared to 46.81% in Q4 2024, indicating better cost management[16] Banking Operations - The company operates 79 banking locations across Texas and has a diversified deposit base, contributing to its financial stability[11] - Total loans held-for-investment reached $7,945,611 thousand as of March 31, 2025, compared to $7,913,098 thousand at the end of the previous quarter, indicating a growth in loan portfolio[18] Interest Income - Total interest-earning assets increased to $13,160,057 thousand with a net interest income of $121,489 thousand, resulting in a margin of 3.74% for the three months ended March 31, 2025[22] - The bank's net interest income increased from $118,790 thousand in the previous quarter to $121,489 thousand, reflecting a growth of 1.4%[22] - The average yield on loans was 6.71%, slightly down from 6.78% in the previous quarter[22]