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

FFIN is expensive based on its Price-To-Earnings Ratio (23.9x) compared to the peer average (17.2x).

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 (23.9x) compared to the US Banks industry average (12.2x).

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 (23.9x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).

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 ($37.31) is trading below our estimate of [[fair value]] ($46.16)

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

Target price is less than 20% higher 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	2/6
Past Performance	5/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 19.2% below our estimate of its fair value

Earnings are forecast to grow 7.28% per year

Earnings grew by 12.3% over the past year

Pays a reliable dividend of 1.93%

Risk Analysis

Significant insider selling over the past 3 months

Community vs My Fair Value

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First Financial Bankshares, Inc. Competitors

United Bankshares

NasdaqGS:UBSI

US$5.1b

Hancock Whitney

NasdaqGS:HWC

US$5.1b

Glacier Bancorp

NYSE:GBCI

US$5.7b

Valley National Bancorp

NasdaqGS:VLY

US$5.6b

Price History & Performance

Summary of share price highs, lows and changes for First Financial Bankshares
Historical stock prices
Current Share Price	US$37.31
52 Week High	US$44.66
52 Week Low	US$27.62
Beta	0.84
1 Month Change	-0.82%
3 Month Change	-12.77%
1 Year Change	19.09%
3 Year Change	-19.00%
5 Year Change	22.17%
Change since IPO	2,203.39%

First Financial Bankshares: Excellent Q4 Results, But The Valuation Remains A Problem

Jan 31

Recent updates

First Financial Bankshares: Excellent Q4 Results, But The Valuation Remains A Problem

Jan 31

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

Oct 21

Shareholder Returns

	FFIN	US Banks	US Market
7D	-0.6%	-1.9%	-0.4%
1Y	19.1%	36.7%	20.8%

Return vs Industry: FFIN underperformed the US Banks industry which returned 41.7% over the past year.

Return vs Market: FFIN underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is FFIN's price volatile compared to industry and market?
FFIN volatility
FFIN Average Weekly Movement	4.0%
Banks Industry Average Movement	3.9%
Market Average Movement	6.0%
10% most volatile stocks in US Market	18.0%
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 (4%) 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$5.33b
Earnings (TTM)	US$223.51m
Revenue (TTM)	US$536.91m

23.9x

P/E Ratio

3.3x

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$536.91m
Cost of Revenue	US$0
Gross Profit	US$536.91m
Other Expenses	US$313.40m
Earnings	US$223.51m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.56
Gross Margin	100.00%
Net Profit Margin	41.63%
Debt/Equity Ratio	12.3%

How did FFIN perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

46%

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	Mar 14 2025
Dividend Pay Date	Apr 01 2025
Days until Ex dividend	20 days
Days until Dividend pay date	38 days

Does FFIN pay a reliable dividends?

See FFIN dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/20 15:41
End of Day Share Price	2025/02/20 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Financial Bankshares, Inc. is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Bryce Rowe	Baird
Michael Zaremski	Credit Suisse
David Bishop	Drexel Hamilton

FFIN Stock Overview

Rewards

Risk Analysis

First Financial Bankshares, Inc. Competitors

NasdaqGS:UBSI

US$5.1b

NasdaqGS:HWC

US$5.1b

NYSE:GBCI

US$5.7b

NasdaqGS:VLY

US$5.6b

Price History & Performance

Recent News & Updates

Chairman notifies of intention to sell stock

Fourth quarter dividend of US$0.18 announced

Insufficient new directors

First Financial Bankshares: Excellent Q4 Results, But The Valuation Remains A Problem

Full year 2024 earnings: EPS exceeds analyst expectations

First Financial Bankshares, Inc. Announces Net Charge-Offs for the Fourth Quarter of 2024

Recent updates

Chairman notifies of intention to sell stock

Fourth quarter dividend of US$0.18 announced

Insufficient new directors

First Financial Bankshares: Excellent Q4 Results, But The Valuation Remains A Problem

Full year 2024 earnings: EPS exceeds analyst expectations

First Financial Bankshares, Inc. Announces Net Charge-Offs for the Fourth Quarter of 2024

Chairman recently sold US$1.0m worth of stock

Chairman notifies of intention to sell stock

Upcoming dividend of US$0.18 per share

First Financial Bankshares, Inc. Announces Executive Changes, Effective January 1, 2025

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, 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

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

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