First Financial Bankshares: Credit Misstep Is Likely A One-Off (NASDAQ:FFIN)

Core Viewpoint - First Financial Bankshares (FFIN) has experienced a 5% decline despite a strong market, indicating challenges in its performance since April, although it operates a high-quality business with defensive qualities [1] Company Summary - First Financial Bankshares is characterized by its high-quality business model, which is more defensive in nature, suggesting resilience in various market conditions [1] Investment Approach - The investment strategy focuses on a long-term, buy-and-hold approach, emphasizing stocks that can sustainably deliver high-quality earnings, particularly in the dividend and income sectors [1]