First Financial Bankshares (DB:FI6) - Stock Price, News & Analysis

FI6 Stock Overview

First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas.

FI6 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 25.7% below our estimate of its fair value

Earnings are forecast to grow 5.93% per year

Pays a reliable dividend of 2.37%

Risk Analysis

No risks detected for FI6 from our risk checks.

First Financial Bankshares, Inc. Competitors

Commerzbank

XTRA:CBK

€16.7b

ProCredit Holding

XTRA:PCZ

€554.8m

United Bankshares

NasdaqGS:UBSI

US$4.5b

Glacier Bancorp

NYSE:GBCI

US$4.2b

Price History & Performance

Summary of all time highs, changes and price drops for First Financial Bankshares
Historical stock prices
Current Share Price	US$28.20
52 Week High	US$30.40
52 Week Low	US$21.80
Beta	0.82
1 Month Change	-6.00%
3 Month Change	-7.24%
1 Year Change	7.63%
3 Year Change	-30.54%
5 Year Change	n/a
Change since IPO	-10.76%

Recent updates

Shareholder Returns

	FI6	DE Banks	DE Market
7D	0.7%	1.2%	1.2%
1Y	7.6%	30.4%	2.0%

Return vs Industry: FI6 underperformed the German Banks industry which returned 30.4% over the past year.

Return vs Market: FI6 exceeded the German Market which returned 2% over the past year.

Price Volatility

Is FI6's price volatile compared to industry and market?
FI6 volatility
FI6 Average Weekly Movement	4.6%
Banks Industry Average Movement	3.3%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	10.1%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: FI6 has not had significant price volatility in the past 3 months.

Volatility Over Time: FI6's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1890	1,450	F. Dueser	www.ffin.com

First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts. It also provides commercial and industrial, municipal, agricultural, construction and development, farm, residential, and consumer auto and non-auto, as well as non-owner occupied and owner occupied commercial real estate loans.

First Financial Bankshares, Inc. Fundamentals Summary

How do First Financial Bankshares's earnings and revenue compare to its market cap?
FI6 fundamental statistics
Market cap	€4.02b
Earnings (TTM)	€186.78m
Revenue (TTM)	€456.64m

21.5x

P/E Ratio

2.9x

P/B Ratio

Is FI6 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FI6 income statement (TTM)
Revenue	US$488.49m
Cost of Revenue	US$0
Gross Profit	US$488.49m
Other Expenses	US$288.68m
Earnings	US$199.81m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.41
Gross Margin	100.00%
Net Profit Margin	40.90%
Debt/Equity Ratio	22.4%

How did FI6 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

51%

Payout Ratio

FI6 Stock Overview

Rewards

Risk Analysis

First Financial Bankshares, Inc. Competitors

XTRA:CBK

€16.7b

XTRA:PCZ

€554.8m

NasdaqGS:UBSI

US$4.5b

NYSE:GBCI

US$4.2b

Price History & Performance

Recent News & Updates

First Financial Bankshares, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2024

First quarter 2024 earnings released: EPS: US$0.37 (vs US$0.37 in 1Q 2023)

Now 23% undervalued

First Financial Bankshares, Inc., Annual General Meeting, Apr 23, 2024

Upcoming dividend of US$0.18 per share

Full year 2023 earnings released: EPS: US$1.39 (vs US$1.64 in FY 2022)

Recent updates

First Financial Bankshares, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2024

First quarter 2024 earnings released: EPS: US$0.37 (vs US$0.37 in 1Q 2023)

Now 23% undervalued

First Financial Bankshares, Inc., Annual General Meeting, Apr 23, 2024

Upcoming dividend of US$0.18 per share

Full year 2023 earnings released: EPS: US$1.39 (vs US$1.64 in FY 2022)

Now 24% undervalued

Fourth quarter dividend of US$0.18 announced

First Financial Bankshares, Inc. Appoints Daniel Neely as Senior Vice President, Treasury Sales Manager

First Financial Bankshares, Inc. Names Eric Bonnell as Senior Vice President

First Financial Bankshares, Inc. Appoints Keith Morton as Executive Vice President

Full year 2023 earnings released: EPS: US$1.39 (vs US$1.64 in FY 2022)

Now 21% undervalued

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.18 per share at 2.6% yield

Third quarter 2023 earnings released: EPS: US$0.35 (vs US$0.42 in 3Q 2022)

First Financial Bankshares, Inc. Reports Net Charge-Offs for the Third Quarter of 2023

First Financial Bankshares, Inc. Appoints Javier Jurado as Executive Vice President and Chief Audit Executive

First Financial Bankshares, Inc. Appoints Javier Jurado as Executive Vice President and Chief Audit Executive

Upcoming dividend of US$0.18 per share at 2.6% yield

Now 21% undervalued

First Financial Bankshares, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

Second quarter 2023 earnings released: EPS: US$0.36 (vs US$0.42 in 2Q 2022)

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.18 per share at 2.5% yield

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Independent Director recently bought €91k worth of stock

First quarter 2023 earnings released: EPS: US$0.37 (vs US$0.39 in 1Q 2022)

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 16%

EVP, CFO recently bought €101k worth of stock

Upcoming dividend of US$0.17 per share at 1.9% yield

Full year 2022 earnings released: EPS: US$1.64 (vs US$1.60 in FY 2021)

Executive VP & CFO recently bought €170k worth of stock

Independent Director recently bought €94k worth of stock

Full year 2022 earnings released: EPS: US$1.64 (vs US$1.60 in FY 2021)

First Financial Bankshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

First Financial Bankshares, Inc. Announces Chief Financial Officer Changes

Upcoming dividend of US$0.17 per share

Insufficient new directors

Investor sentiment deteriorated over the past week

Independent Director recently bought €148k worth of stock

Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.41 in 3Q 2021)

Upcoming dividend of US$0.17 per share

Second quarter 2022 earnings released: EPS: US$0.42 (vs US$0.40 in 2Q 2021)

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.17 per share

Insufficient new directors

Independent Director recently bought €96k worth of stock

Insufficient new directors

Independent Director recently bought €194k worth of stock

First quarter 2022 earnings released: EPS: US$0.39 (vs US$0.40 in 1Q 2021)

First Financial Bankshares, Inc. Announces Executive Changes

First quarter 2022 earnings released: EPS: US$0.39 (vs US$0.40 in 1Q 2021)

First Financial Bankshares, Inc. Announces Net Charge Off for the First Quarter of 2022

Independent Director recently bought €83k worth of stock

Upcoming dividend of US$0.15 per share