How does FFIN's PE Ratio compare to its peers?

FFIN is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the peer average (19.5x).

How does FFIN's PE Ratio compare vs other companies in the US Banks Industry?

FFIN is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the US Banks industry average (12.8x).

What is FFIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FFIN is expensive based on its Price-To-Earnings Ratio (27.8x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).

What is the Fair Price of FFIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FFIN ($40.62) is trading below our estimate of [[fair value]] ($42.12)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

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

FFIN Stock Overview

Through its subsidiaries, provides commercial banking products and services in Texas. More details

FFIN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 3.6% below our estimate of its fair value

Earnings are forecast to grow 7.54% per year

Pays a reliable dividend of 1.77%

Risk Analysis

No risks detected for FFIN from our risk checks.

First Financial Bankshares, Inc. Competitors

United Bankshares

NasdaqGS:UBSI

US$5.6b

Glacier Bancorp

NYSE:GBCI

US$6.3b

Hancock Whitney

NasdaqGS:HWC

US$4.9b

UMB Financial

NasdaqGS:UMBF

US$5.9b

Price History & Performance

Summary of all time highs, changes and price drops for First Financial Bankshares
Historical stock prices
Current Share Price	US$40.62
52 Week High	US$43.57
52 Week Low	US$25.99
Beta	0.79
11 Month Change	9.72%
3 Month Change	15.40%
1 Year Change	52.65%
33 Year Change	-24.97%
5 Year Change	16.59%
Change since IPO	2,407.74%

First Financial Bankshares, Inc. (NASDAQ:FFIN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Oct 21

Recent updates

First Financial Bankshares, Inc. (NASDAQ:FFIN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Oct 21

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

Shareholder Returns

	FFIN	US Banks	US Market
7D	-2.8%	-0.9%	-1.0%
1Y	52.6%	53.3%	30.3%

Return vs Industry: FFIN underperformed the US Banks industry which returned 54.2% over the past year.

Return vs Market: FFIN exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is FFIN's price volatile compared to industry and market?
FFIN volatility
FFIN Average Weekly Movement	5.2%
Banks Industry Average Movement	5.1%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

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

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$5.81b
Earnings (TTM)	US$207.17m
Revenue (TTM)	US$510.31m

27.8x

P/E Ratio

3.5x

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$510.31m
Cost of Revenue	US$0
Gross Profit	US$510.31m
Other Expenses	US$303.14m
Earnings	US$207.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.46
Gross Margin	100.00%
Net Profit Margin	40.60%
Debt/Equity Ratio	5.0%

How did FFIN perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

50%

Payout Ratio

Does FFIN pay a reliable dividends?

See FFIN dividend history and benchmarks

When do you need to buy FFIN by to receive an upcoming dividend?
First Financial Bankshares dividend dates
Ex Dividend Date	Dec 13 2024
Dividend Pay Date	Jan 02 2025
Days until Ex dividend	22 days
Days until Dividend pay date	42 days

Does FFIN pay a reliable dividends?

See FFIN dividend history and benchmarks

FFIN Stock Overview

Rewards

Risk Analysis

First Financial Bankshares, Inc. Competitors

NasdaqGS:UBSI

US$5.6b

NYSE:GBCI

US$6.3b

NasdaqGS:HWC

US$4.9b

NasdaqGS:UMBF

US$5.9b

Price History & Performance

Recent News & Updates

Price target increased by 8.1% to US$39.25

Investor sentiment improves as stock rises 19%

Third quarter dividend of US$0.18 announced

Price target increased by 7.4% to US$39.00

First Financial Bankshares, Inc. (NASDAQ:FFIN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Third quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Recent updates

Price target increased by 8.1% to US$39.25

Investor sentiment improves as stock rises 19%

Third quarter dividend of US$0.18 announced

Price target increased by 7.4% to US$39.00

First Financial Bankshares, Inc. (NASDAQ:FFIN) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Third quarter 2024 earnings: EPS in line with expectations, revenues disappoint

First Financial Bankshares, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2024

First Financial Bankshares: An Outstanding Texan Bank

First Financial Bankshares, Inc Announces Election of Brian D. Goodrich as Executive Vice President and General Counsel

Staying The Course With First Financial Bankshares

Upcoming dividend of US$0.18 per share

Second quarter dividend of US$0.18 announced

Chairman notifies of intention to sell stock

Price target increased by 8.3% to US$33.80

First Financial Bankshares, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Financial Bankshares, Inc. Reports Net Charge-Offs for the Second Quarter of 2024

Investor sentiment improves as stock rises 18%

Now 18% undervalued after recent price drop

First Financial Bankshares Names Dan Summerford EVP, Director of Middle Market Banking

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.18 per share

First Financial Bank Announces Executive Promotions

First Financial Bankshares Appoints Sally Pope Davis to Board of Directors

First quarter dividend of US$0.18 announced

First quarter 2024 earnings: EPS misses analyst expectations

First Financial: Buy This Hidden Gem For Regional Bank Recovery

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