First Financial Bankshares(FFIN)

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First Financial Bankshares (FFIN) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-09-23 17:02
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...
What Makes First Financial (FFIN) a New Strong Buy Stock
ZACKS· 2024-08-27 17:01
Investors might want to bet on First Financial Bankshares (FFIN) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked ...
4 Reasons to Invest in First Financial (FFIN) Stock Right Now
ZACKS· 2024-08-16 17:51
It seems to be a wise idea to add the First Financial Bankshares (FFIN) stock to your portfolio now. The company is well-poised for top-line growth, driven by continued improvement in loans and deposit balances. Also, FFIN is expected to keep enhancing shareholder value through efficient capital distributions, given its solid balance sheet. Analysts seem optimistic regarding the company's earnings growth prospects. Over the past 30 days, the Zacks Consensus Estimate for FFIN's 2024 earnings has been revised ...
FIRST FINANCIAL BANKSHARES ANNOUNCES RENEWAL OF STOCK REPURCHASE PLAN
Prnewswire· 2024-07-26 18:00
ABILENE, Texas, July 26, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company", "we", "us", or "our") has announced the renewal of its existing stock repurchase plan. Pursuant to the renewed plan, the Company may repurchase up to 5,000,000 shares of its common stock, which represents approximately 3.5 percent of the Company's outstanding shares as of July 23, 2024, through July 31, 2025. The Board of Directors previously authorized the repurchase of up to 5,000,000 shares of co ...
Compared to Estimates, First Financial (FFIN) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-07-18 23:32
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 ...
First Financial Bankshares(FFIN) - 2024 Q2 - Quarterly Results
2024-07-18 21:41
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 ...
FIRST FINANCIAL BANKSHARES ANNOUNCES SECOND QUARTER 2024 EARNINGS
Prnewswire· 2024-07-18 20:05
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 ...
First Financial Bankshares Names Dan Summerford EVP, Director of Middle Market Banking
Prnewswire· 2024-06-13 16:27
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 ...
First Financial Bankshares Announces Appointment of Sally Pope Davis to Board of Directors
prnewswire.com· 2024-05-20 20:05
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, ...
First Financial Bankshares(FFIN) - 2024 Q1 - Quarterly Report
2024-05-03 20:09
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 ...