For the quarter ended June 2024, First Financial Bankshares (FFIN) reported revenue of $137.11 million, up 6.5% over the same period last year. EPS came in at $0.37, compared to $0.36 in the year-ago quarter. Efficiency ratio: 47.4% versus the two-analyst average estimate of 47.8%. Net Interest Margin: 3.5% versus the two-analyst average estimate of 3.4%. Net Interest Income: $103.27 million versus the two-analyst average estimate of $100.60 million. Net Interest Income (FTE): $105.85 million compared to th ...

What's Next for First Financial? A quarter ago, it was expected that this commercial banker operating mostly in Texas would post earnings of $0.35 per share when it actually produced earnings of $0.37, delivering a surprise of 5.71%. One other stock from the same industry, Prosperity Bancshares (PB) , is yet to report results for the quarter ended June 2024. The results are expected to be released on July 24. Over the last four quarters, the company has surpassed consensus EPS estimates just once. The susta ...

For immediate release For More Information: Michelle S. Hickox, EVP & Chief Financial Officer 325.627.7155 "We are pleased with the second quarter results that are highlighted by strong loan growth and net interest margin expansion which resulted in increased net interest income for the quarter, " said F. Scott Dueser, Chairman, CEO and President of First Financial Bankshares, Inc., "Our outlook is positive for the remainder of the year as we look to continue to remix our assets as cash flows from maturing ...

ABILENE, Texas, July 18, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (the "Company," "we," "us" or "our") (NASDAQ: FFIN) today reported earnings of $52.49 million for the second quarter of 2024 compared to earnings of $50.87 million for the same quarter a year ago and $53.4 million for the quarter ended March 31, 2024. Basic and diluted earnings per share were $0.37 for the second quarter of 2024 compared with $0.36 for the second quarter of 2023 and $0.37 for the linked quarter. "We are pleased w ...

ABILENE, Texas, June 13, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) has named Dan Summerford as Executive Vice President, Director of Middle Market Banking. This bank wide position brings in a seasoned veteran from the corporate banking sector to provide further guidance and leadership for the Bank's commercial banking division. "We are excited to welcome Dan to our company as he brings a wealth of expertise that will greatly enhance our existing commercial banking team. His years ...

ABILENE, Texas, May 20, 2024 /PRNewswire/ -- The Board of Directors of First Financial Bankshares, Inc. (NASDAQ: FFIN) announced today the appointment of Sally Pope Davis to the Company's Board of Directors. Ms. Davis was also appointed to the Board of Directors of First Financial Bank. She retired from Goldman Sachs in April 2024 after a 34-year career at the firm. Ms. DavisMs. Davis "Sally co-led one of the industry's largest U.S. small cap value funds during her tenure at Goldman Sachs Asset Management, ...

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, 2024 ☐ 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. Texas 75-0944023 (I.R.S. Employer Identification No.) (Exact name of registrant as specified in its chart ...

ABILENE, Texas, April 23, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) – today announced at it's 2024 Annual Shareholders' Meeting that its subsidiaries, First Financial Bank, N.A. (the "Bank") and First Financial Trust and Asset Management Company, N.A. (the "Trust Company"), have each successfully converted their charters to a Texas state banking association and a Texas chartered trust company, respectively. The Bank has been a national bank since its inception in 1890 and the Trus ...

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by i ...

For the quarter ended March 2024, First Financial Bankshares (FFIN) reported revenue of $132.2 million, up 3.8% over the same period last year. EPS came in at $0.37, compared to $0.37 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $129.35 million, representing a surprise of +2.20%. The company delivered an EPS surprise of +5.71%, with the consensus EPS estimate being $0.35.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...