First Financial Bankshares, Inc.
- Open
- 34.47
- Day high
- 34.96
- Day low
- 34.47
- Prev close
- 34.37
- Volume
- 500K
- Mkt cap
- $5.0B
- P/E (TTM)
- 18.6
- EPS (TTM)
- $1.87
- P/B
- 2.5
- P/S
- 5.8
- Yield
- 2.26%
- Per share
- $0.79
- ▲Insiders net buying $58K over the last 3 months (2 open-market buys, 0 sales)
- 🏛Institutions accumulating (13F)
First Financial Bankshares, Inc. (FFIN) is a Financial Services company listed on NASDAQ. The stock is down 3% over the past year. Over the trailing 3 months, insiders filed 2 open-market buys and 0 sales (SEC Form 4).
First Financial Bankshares, Inc. (FFIN) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
FFIN earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 16, 2026 | $0.50 | $0.50 | +0.0% | $173M | -0.2% |
| Apr 16, 2026 | $0.47 | $0.50 | +6.4% | $167M | +0.3% |
| Jan 22, 2026 | $0.48 | $0.51 | +6.3% | $165M | -0.9% |
| Oct 23, 2025 | $0.43 | $0.36 | -15.9% | $158M | -2.9% |
| Jul 17, 2025 | $0.45 | $0.47 | +4.4% | $157M | +0.1% |
| Apr 17, 2025 | $0.43 | $0.43 | +0.6% | $145M | -2.8% |
| Jan 23, 2025 | $0.40 | $0.43 | +7.5% | $144M | -0.1% |
| Oct 17, 2024 | $0.39 | $0.39 | +0.0% | $136M | -3.1% |
| Jul 18, 2024 | $0.36 | $0.37 | +2.8% | $131M | -1.8% |
| Apr 18, 2024 | $0.35 | $0.37 | +5.7% | $126M | -2.6% |
| Jan 25, 2024 | $0.34 | $0.32 | -5.9% | $116M | -7.2% |
| Oct 19, 2023 | $0.36 | $0.35 | -2.8% | $119M | -7.3% |
FFIN insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 27, 2026 | Nickles Robert Clark Jrdirector | Buy | 700 | $34.89 |
| Jun 15, 2026 | Edwards Murray Hamiltondirector | Buy | 1,000 | $33.18 |
| May 7, 2026 | Biebighauser Lon A.officer: Trust Company President | Option | 490 | $21.18 |
| May 7, 2026 | Bailey David Williamofficer: President and CEO | Option | 2,500 | $21.18 |
| May 6, 2026 | Nickles Robert Clark Jrdirector | Buy | 664 | $31.96 |
| May 5, 2026 | Zoth Lota S.director | Grant | 2,142 | — |
| Apr 30, 2026 | Denny Michael B.director | Grant | 2,142 | — |
| Apr 30, 2026 | Nickles Robert Clark Jrdirector | Grant | 2,142 | — |
| Apr 30, 2026 | Braun Vianei Lopezdirector | Grant | 2,142 | — |
| Apr 30, 2026 | COPELAND DAVID Ldirector | Grant | 2,142 | — |
| Apr 30, 2026 | Davis Sally Popedirector | Grant | 2,142 | — |
| Apr 30, 2026 | Lancaster Ivan Timdirector | Grant | 2,142 | — |
| Apr 30, 2026 | JONES ELIdirector | Grant | 2,142 | — |
| Apr 30, 2026 | Edwards Murray Hamiltondirector | Grant | 2,142 | — |
| Apr 30, 2026 | Poutra Blake Matthewdirector | Grant | 2,142 | — |
Source: FFIN SEC Form 4 filings, latest Jul 27, 2026. For informational purposes only — not investment advice.
See the full FFIN insider & 13F page →First Financial Bankshares, Inc. company profile
Overview
First Financial Bankshares, Inc. (NASDAQ:FFIN) is a Texas-based regional banking company founded in 1890 and headquartered in Abilene, Texas. The company went public in 1993 and has grown to become one of the largest independent bank holding companies in Texas, operating 78 financial centers across the state as of 2021. With over 130 years of banking experience, First Financial has established itself as a community-focused financial institution serving businesses, individuals, and agricultural operations throughout Texas.
Business
First Financial Bankshares operates in the regional banking industry, providing traditional commercial banking services primarily within Texas markets. Regional banks serve as intermediaries between depositors and borrowers, taking in customer deposits and lending those funds to qualified borrowers while earning interest rate spreads. The company's core services include deposit products such as checking accounts, savings accounts, money market accounts, and certificates of deposit (time deposits). These products allow customers to safely store their money while earning interest, and provide the bank with funding for its lending operations. On the lending side, First Financial offers a comprehensive range of loan products including commercial and industrial loans to businesses, municipal lending to local governments, agricultural loans to farm and ranch operations, construction and development financing, commercial real estate loans for both owner-occupied and non-owner occupied properties, residential mortgages, and consumer auto and non-auto loans. Beyond traditional banking, the company provides wealth management and trust services including personal trust administration, estate planning, testamentary trusts, revocable and irrevocable trusts, and agency accounts. They also offer retirement and employee benefit plan administration such as 401(k) profit-sharing plans and IRAs. Additional services include technology and convenience banking features such as internet and mobile banking, remote deposit capture, automated teller machines, drive-in banking, night deposit services, payroll cards, wire transfers, and safe deposit facilities. The bank also provides securities brokerage services through partnerships.
Revenue model
First Financial Bankshares generates revenue primarily through the traditional banking model of net interest income - the difference between interest earned on loans and investments versus interest paid on deposits and borrowings. This spread typically represents the majority of a regional bank's revenue. The bank's paying customers include commercial businesses seeking loans and banking services, individual consumers with deposit accounts and personal loans, agricultural operations requiring specialized farm and ranch financing, municipal governments needing banking services, and wealthy individuals seeking trust and wealth management services. Additional revenue streams include fee-based income from trust and wealth management services, securities brokerage commissions, loan origination fees, account service charges, and various banking fees such as overdraft charges and wire transfer fees. Several factors influence the bank's profitability margins. Interest rate environments significantly impact net interest margins - rising rates generally benefit banks by allowing them to charge higher loan rates faster than deposit costs increase. Credit quality affects margins through loan loss provisions, with economic downturns potentially requiring higher reserves for bad debts. Competition from other banks, credit unions, and fintech companies can compress margins by forcing lower loan rates or higher deposit rates. Regulatory compliance costs and capital requirements also impact profitability, while operational efficiency through technology investments and branch optimization affects the expense ratio.
Competitive moat
First Financial Bankshares possesses a moderate regional moat built primarily on local market relationships and community banking expertise. The company's 130+ year history in Texas has established deep-rooted customer relationships and local market knowledge that larger national banks often cannot replicate. Their focus on agricultural lending and small-to-medium business banking requires specialized underwriting expertise and relationship management that creates some competitive barriers. However, the banking industry faces significant competitive pressures that limit moat strength. Regulatory commoditization means that banking products are largely standardized, making differentiation difficult. Fintech disruption threatens traditional banking relationships through digital-first lending platforms, mobile payment systems, and robo-advisory services that can offer more convenient and sometimes cheaper alternatives. Large national banks compete with superior technology platforms, broader product offerings, and economies of scale that allow competitive pricing. Credit unions often provide tax-advantaged competition with better rates for consumers. The low switching costs for many banking relationships mean customer loyalty can be fragile, particularly for younger demographics more comfortable with digital banking solutions. The company's moat is strongest in commercial relationships where personal service, local decision-making, and specialized knowledge (particularly in agricultural lending) provide meaningful competitive advantages. However, this moat is relatively narrow and faces ongoing pressure from technological advancement and changing customer preferences toward digital-first banking experiences.
Risks & safety
First Financial Bankshares demonstrates strong financial stability with conservative management and solid capitalization metrics. • Liquidity position: Strong with $763 million in cash and short-term investments as of Q4 2024, providing substantial operating flexibility • Debt levels: Very conservative debt-to-equity ratio of 7.5% as of Q4 2024, indicating minimal leverage risk • Profitability: Consistent earnings with $223 million net income for 2024, generating strong free cash flow of $293 million • Valuation metrics: Trading at 23x P/E ratio and 3.2x book value, representing moderate valuation levels for a quality regional bank • Capital adequacy: Well-capitalized with shareholders' equity of $1.6 billion supporting $14 billion in total assets • Credit quality: No immediate solvency concerns given strong capital ratios and diversified loan portfolio across Texas markets • Regulatory compliance: No apparent regulatory issues or capital deficiencies that would threaten operations
Recent development
Based on the available financial data, First Financial Bankshares has demonstrated steady operational performance over recent years, though specific strategic initiatives are not detailed in the provided earnings summaries. The company has maintained consistent profitability with net income ranging from $199 million to $234 million between 2022-2024, showing resilience through varying interest rate environments. Asset growth has been modest, with total assets growing from approximately $13.0 billion in 2022 to $14.0 billion in 2024, reflecting measured expansion rather than aggressive growth strategies. The bank has maintained strong cash flow generation with free cash flow consistently exceeding $250 million annually, providing flexibility for dividend payments and potential acquisitions. Balance sheet management appears focused on maintaining conservative leverage ratios and strong liquidity positions. The company's debt-to-equity ratio has remained low, declining from 51% in 2022 to 7.5% in 2024, indicating either debt reduction or equity growth strengthening the capital structure. Revenue has shown some volatility, declining from $520 million in 2022 to $481 million in 2023 before recovering to $537 million in 2024, likely reflecting the challenging interest rate transition period that affected many regional banks during this timeframe.
FFIN company profile · for informational purposes only — not investment advice.
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