First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. More Details
Flawless balance sheet with solid track record and pays a dividend.
Share Price & News
How has First Financial Bankshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FFIN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FFIN's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FFIN exceeded the US Banks industry which returned 70.3% over the past year.
Return vs Market: FFIN exceeded the US Market which returned 53.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is First Financial Bankshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In First Financial Bankshares, Inc.'s (NASDAQ:FFIN) Shares?
1 month ago | Simply Wall StBe Sure To Check Out First Financial Bankshares, Inc. (NASDAQ:FFIN) Before It Goes Ex-Dividend
Is First Financial Bankshares undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FFIN ($47.2) is trading above our estimate of fair value ($28.9)
Significantly Below Fair Value: FFIN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FFIN is poor value based on its PE Ratio (33.2x) compared to the US Banks industry average (13.3x).
PE vs Market: FFIN is poor value based on its PE Ratio (33.2x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: FFIN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: FFIN is overvalued based on its PB Ratio (4x) compared to the US Banks industry average (1.1x).
How is First Financial Bankshares forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FFIN's earnings are forecast to decline over the next 3 years (-0.7% per year).
Earnings vs Market: FFIN's earnings are forecast to decline over the next 3 years (-0.7% per year).
High Growth Earnings: FFIN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: FFIN's revenue (2.7% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: FFIN's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FFIN's Return on Equity is forecast to be low in 3 years time (11.3%).
How has First Financial Bankshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FFIN has high quality earnings.
Growing Profit Margin: FFIN's current net profit margins (43%) are higher than last year (41.8%).
Past Earnings Growth Analysis
Earnings Trend: FFIN's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: FFIN's earnings growth over the past year (22.6%) exceeds its 5-year average (14.4% per year).
Earnings vs Industry: FFIN earnings growth over the past year (22.6%) exceeded the Banks industry 2.9%.
Return on Equity
High ROE: FFIN's Return on Equity (12%) is considered low.
How is First Financial Bankshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FFIN's Assets to Equity ratio (6.5x) is low.
Allowance for Bad Loans: FFIN has a sufficient allowance for bad loans (156%).
Low Risk Liabilities: 94% of FFIN's liabilities are made up of primarily low risk sources of funding.
Loan Level: FFIN has an appropriate level of Loans to Assets ratio (47%).
Low Risk Deposits: FFIN's Loans to Deposits ratio (59%) is appropriate.
Level of Bad Loans: FFIN has an appropriate level of bad loans (0.8%).
What is First Financial Bankshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FFIN's dividend (1.1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: FFIN's dividend (1.1%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: FFIN's dividends per share have been stable in the past 10 years.
Growing Dividend: FFIN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.9%), FFIN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FFIN's dividends in 3 years are forecast to be well covered by earnings (41.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
F. Dueser (67 yo)
Mr. F. Scott Dueser has been the President and Chief Executive Officer of First Financial Bankshares, Inc. since 2001. He has been the Chairman of First Financial Bankshares, Inc. since January 1, 2008 and...
CEO Compensation Analysis
Compensation vs Market: F.'s total compensation ($USD1.80M) is below average for companies of similar size in the US market ($USD6.50M).
Compensation vs Earnings: F.'s compensation has been consistent with company performance over the past year.
Experienced Management: FFIN's management team is considered experienced (3.5 years average tenure).
Experienced Board: FFIN's board of directors are seasoned and experienced ( 11.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FFIN insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Financial Bankshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: First Financial Bankshares, Inc.
- Ticker: FFIN
- Exchange: NasdaqGS
- Founded: 1956
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$6.704b
- Shares outstanding: 141.33m
- Website: https://www.ffin.com
Number of Employees
- First Financial Bankshares, Inc.
- 400 Pine Street
- PO Box 701
- United States
First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; a...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 22:03|
|End of Day Share Price||2021/04/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.