First Financial Bankshares (Nasdaq:FFIN) - Stock Price, News & Analysis

FFIN Stock Overview

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

FFIN 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 14.3% 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 FFIN from our risk checks.

First Financial Bankshares, Inc. Competitors

United Bankshares

NasdaqGS:UBSI

US$4.5b

Glacier Bancorp

NYSE:GBCI

US$4.2b

UMB Financial

NasdaqGS:UMBF

US$4.1b

TFS Financial

NasdaqGS:TFSL

US$3.4b

Price History & Performance

Summary of all time highs, changes and price drops for First Financial Bankshares
Historical stock prices
Current Share Price	US$30.36
52 Week High	US$33.15
52 Week Low	US$22.84
Beta	0.82
1 Month Change	-6.73%
3 Month Change	-5.86%
1 Year Change	3.76%
3 Year Change	-38.14%
5 Year Change	-3.42%
Change since IPO	1,774.32%

First Financial Bankshares' (NASDAQ:FFIN) Dividend Will Be $0.18

Mar 01

Recent updates

First Financial Bankshares' (NASDAQ:FFIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 02

First Financial Bankshares' (NASDAQ:FFIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 28

First Financial Bankshares' (NASDAQ:FFIN) Upcoming Dividend Will Be Larger Than Last Year's

Aug 08

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.18

May 31

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.17

Feb 10

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.17

Nov 07

First Financial Bankshares goes ex-dividend tomorrow

Sep 13

First Financial Bankshares (NASDAQ:FFIN) Will Pay A Larger Dividend Than Last Year At $0.17

Aug 16

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.17

Aug 02

First Financial Bankshares GAAP EPS of $0.42 beats by $0.02, revenue of $136.1M in-line

Jul 21

First Financial Bankshares (NASDAQ:FFIN) Has Announced That It Will Be Increasing Its Dividend To US$0.17

May 24

First Financial Bankshares' (NASDAQ:FFIN) Dividend Will Be Increased To US$0.17

May 10

First Financial: Leading, Top Performing Texas Franchise

Feb 23

First Financial Bankshares' (NASDAQ:FFIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 15

Here's Why I Think First Financial Bankshares (NASDAQ:FFIN) Is An Interesting Stock

Jan 31

First Financial Bankshares (NASDAQ:FFIN) Is Paying Out A Larger Dividend Than Last Year

Nov 06

First Financial Bankshares (NASDAQ:FFIN) Will Pay A Larger Dividend Than Last Year At US$0.15

Sep 05

First Financial Bankshares (NASDAQ:FFIN) Has Announced That It Will Be Increasing Its Dividend To US$0.15

Aug 22

Shareholder Returns

	FFIN	US Banks	US Market
7D	1.2%	2.7%	2.9%
1Y	3.8%	30.1%	22.2%

Return vs Industry: FFIN underperformed the US Banks industry which returned 31.6% over the past year.

Return vs Market: FFIN underperformed the US Market which returned 21.9% over the past year.

Price Volatility

Is FFIN's price volatile compared to industry and market?
FFIN volatility
FFIN Average Weekly Movement	4.7%
Banks Industry Average Movement	4.5%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: FFIN'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?
FFIN fundamental statistics
Market cap	US$4.31b
Earnings (TTM)	US$199.81m
Revenue (TTM)	US$488.49m

21.5x

P/E Ratio

2.9x

P/B Ratio

Is FFIN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFIN 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 FFIN perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

51%

Payout Ratio

FFIN Stock Overview

Rewards

Risk Analysis

First Financial Bankshares, Inc. Competitors

NasdaqGS:UBSI

US$4.5b

NYSE:GBCI

US$4.2b

NasdaqGS:UMBF

US$4.1b

NasdaqGS:TFSL

US$3.4b

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: EPS misses analyst expectations

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

Upcoming dividend of US$0.18 per share

First Financial Bankshares' (NASDAQ:FFIN) Dividend Will Be $0.18

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Recent updates

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

First quarter 2024 earnings: EPS misses analyst expectations

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

Upcoming dividend of US$0.18 per share

First Financial Bankshares' (NASDAQ:FFIN) Dividend Will Be $0.18

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Chairman exercised options to buy US$626k worth of stock.

First Financial Bankshares' (NASDAQ:FFIN) Dividend Will Be $0.18

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

Fourth quarter dividend of US$0.18 announced

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

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

Price target increased by 8.3% to US$31.40

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

New major risk - Revenue and earnings growth

First Financial Bankshares (NASDAQ:FFIN) Will Pay A Dividend Of $0.18

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

First Financial Bankshares' (NASDAQ:FFIN) Shareholders Will Receive A Bigger Dividend Than Last Year

Now 20% undervalued after recent price drop

Price target decreased by 10% to US$27.00

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

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

Now 21% undervalued after recent price drop

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

First Financial Bankshares' (NASDAQ:FFIN) Shareholders Will Receive A Bigger Dividend Than Last Year

First Financial Bankshares' (NASDAQ:FFIN) Upcoming Dividend Will Be Larger Than Last Year's

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

Second quarter 2023 earnings: EPS misses analyst expectations

Investor sentiment improves as stock rises 16%

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

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.18

Independent Director recently bought US$100k worth of stock

Price target decreased by 7.6% to US$31.58

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 8.2%

EVP, CFO recently bought US$106k worth of stock

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

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Insider exercised options to buy US$264k worth of stock.

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.17

Executive VP & CFO recently bought US$182k worth of stock

Chairman exercised options to buy US$743k worth of stock.

Independent Director recently bought US$102k 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

Price target decreased to US$38.33

Price target decreased to US$39.50

Upcoming dividend of US$0.17 per share

Insufficient new directors

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.17

Independent Director recently bought US$187k worth of stock

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

First Financial Bankshares goes ex-dividend tomorrow

Upcoming dividend of US$0.17 per share

First Financial Bankshares (NASDAQ:FFIN) Will Pay A Larger Dividend Than Last Year At $0.17

First Financial Bankshares (NASDAQ:FFIN) Is Increasing Its Dividend To $0.17