FFIN - First Financial Bankshares Inc Stock Price, Fair Value and News

30.39USD-0.09 (-0.30%)Market Closed

Market Summary

USD30.39-0.09

Market Closed

-0.30%

FFIN Stock Price

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FFIN RSI Chart

FFIN Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

21.87

Price/Sales (Trailing)

8.24

EV/EBITDA

5.96

Price/Free Cashflow

15.28

FFIN Price/Sales (Trailing)

FFIN Profitability

EBT Margin

46.07%

Return on Equity

13.27%

Return on Assets

1.52%

Free Cashflow Yield

6.55%

FFIN Fundamentals

FFIN Revenue

Revenue (TTM)

528.1M

Rev. Growth (Yr)

17.39%

Rev. Growth (Qtr)

5.06%

FFIN Earnings

Earnings (TTM)

199.0M

Earnings Growth (Yr)

-21.63%

Earnings Growth (Qtr)

-7.22%

Breaking Down FFIN Revenue

Last 7 days

6.4%

Last 30 days

-1.9%

Last 90 days

0.9%

Trailing 12 Months

9.7%

How does FFIN drawdown profile look like?

FFIN Financial Health

FFIN Investor Care

Dividend Yield

2.33%

Dividend/Share (TTM)

0.71

Shares Dilution (1Y)

0.04%

Diluted EPS (TTM)

1.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	457.4M	484.4M	507.0M	528.1M
2022	382.8M	392.2M	407.7M	432.9M
2021	366.6M	367.0M	372.9M	376.4M
2020	330.4M	343.0M	353.8M	364.1M
2019	299.5M	307.0M	313.5M	319.2M
2018	256.3M	267.2M	278.7M	291.7M
2017	232.7M	236.0M	240.5M	246.0M
2016	227.9M	232.4M	233.4M	232.3M
2015	202.4M	206.5M	213.7M	221.6M
2014	185.0M	191.8M	195.1M	198.5M
2013	159.6M	162.1M	168.5M	176.4M
2012	160.1M	159.8M	159.9M	159.8M
2011	153.1M	156.3M	159.2M	160.0M
2010	145.8M	146.4M	147.1M	149.7M
2009	0	154.9M	150.7M	146.4M
2008	0	0	0	159.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of First Financial Bankshares Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	roewe randall allen	sold (taxes)	-7,498	31.64	-237	chief risk officer
Mar 18, 2024	roewe randall allen	acquired	-	-	798	chief risk officer
Mar 18, 2024	butler ronald david ii	acquired	-	-	1,704	cao
Mar 18, 2024	mcvey j. kyle	sold (taxes)	-5,157	31.64	-163	evp, chief accounting officer
Mar 18, 2024	mcvey j. kyle	acquired	-	-	548	evp, chief accounting officer
Mar 18, 2024	bailey david william	acquired	-	-	394	evp, commercial banking
Mar 18, 2024	ruzicka john james jr	acquired	-	-	716	evp-cio
Mar 18, 2024	thaxton kirk w	sold (taxes)	-9,049	31.64	-286	trust company ceo
Mar 18, 2024	longhofer t. luke	acquired	-	-	786	executive vice president
Mar 18, 2024	thaxton kirk w	acquired	-	-	1,198	trust company ceo

Which funds bought or sold FFIN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	CENTRAL TRUST Co	unchanged	-	92.00	1,214	-%
Apr 24, 2024	Spire Wealth Management	unchanged	-	1,408	12,987	-%
Apr 24, 2024	Callahan Advisors, LLC	unchanged	-	65,353	854,274	0.09%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	reduced	-1.62	102,000	1,659,000	0.01%
Apr 24, 2024	1900 WEALTH MANAGEMENT LLC	reduced	-1.00	26,092	388,602	0.04%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-47.45	-7,431	9,810	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-16.76	-242,000	2,212,000	0.02%
Apr 23, 2024	Global Retirement Partners, LLC	added	9.24	8,975	39,175	-%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.49	120,140	1,213,970	0.02%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	66,000	869,000	0.03%

Are Funds Buying or Selling FFIN?

Are funds buying FFIN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FFIN

No. of Funds

Unveiling First Financial Bankshares Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.14%	14,465,552	SC 13G/A
Jan 24, 2024	blackrock inc.	11.3%	16,172,949	SC 13G/A
Feb 09, 2023	vanguard group inc	10.05%	14,342,470	SC 13G/A
Jan 26, 2023	blackrock inc.	10.5%	14,936,110	SC 13G/A
Jan 20, 2023	blackrock inc.	10.5%	14,936,110	SC 13G/A
Dec 12, 2022	vanguard group inc	10.01%	14,279,747	SC 13G/A
Feb 10, 2022	vanguard group inc	9.57%	13,641,543	SC 13G/A
Jan 27, 2022	blackrock inc.	10.5%	14,967,983	SC 13G/A
Jan 25, 2022	blackrock inc.	10.5%	14,967,983	SC 13G/A
Feb 10, 2021	vanguard group inc	8.90%	12,645,334	SC 13G/A

Recent SEC filings of First Financial Bankshares Inc

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	8-K	Current Report
Apr 24, 2024	8-K	Current Report
Apr 19, 2024	8-K	Current Report
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading

Peers (Alternatives to First Financial Bankshares Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.1B	171.1B	-0.89%	40.25%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.99%	32.91%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.82%	49.45%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	2.49%	30.42%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	0.65%	23.03%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-1.71%	42.46%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.67%	30.02%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.80%	57.76%	9.19	1.58	45.91%	-25.03%
ABCB	3.3B	1.3B	2.99%	50.41%	12.38	2.6	43.24%	-22.35%
ASB	3.2B	2.0B	3.49%	25.83%	17.62	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.5M	164.9M	-2.10%	42.66%	35.44	2.51	42.66%	-70.76%
AROW	380.2M	162.6M	-5.51%	7.64%	12.64	2.34	25.39%	-38.37%
ACNB	289.0M	96.6M	-4.81%	8.26%	9.12	2.99	11.02%	-11.37%
ASRV	47.3M	60.9M	2.22%	-5.80%	-14.14	0.78	24.06%	-144.92%

First Financial Bankshares Inc News

Latest updates

First Financial Bankshares Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.1%	142	135	129	122	121	113	102	97.00	96.00	97.00	93.00	91.00	92.00	91.00	92.00	88.00	82.00	81.00	80.00	77.00	76.00
EBITDA Margin	-7.1%	1.21*	1.30*	1.41*	1.52*	1.61*	1.67*	1.72*	1.73*	1.74*	1.76*	1.75*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	3.6%	98.00	94.00	96.00	96.00	104	103	99.00	95.00	95.00	96.00	91.00	89.00	91.00	89.00	89.00	81.00	75.00	73.00	72.00	70.00	70.00
Income Taxes	-7.5%	10.00	11.00	12.00	12.00	12.00	12.00	12.00	10.00	11.00	12.00	11.00	11.00	12.00	10.00	11.00	7.00	8.00	9.00	9.00	7.00	7.00
Earnings Before Taxes	-7.3%	56.00	60.00	63.00	64.00	71.00	71.00	72.00	66.00	66.00	71.00	67.00	68.00	71.00	63.00	64.00	44.00	50.00	52.00	51.00	46.00	45.00
EBT Margin	-9.5%	0.46*	0.51*	0.56*	0.61*	0.65*	0.68*	0.70*	0.71*	0.72*	0.74*	0.73*	-	-	-	-	-	-	-	-	-	-
Net Income	-7.2%	46.00	50.00	51.00	53.00	59.00	59.00	60.00	56.00	55.00	59.00	56.00	57.00	58.00	53.00	53.00	37.00	41.00	43.00	42.00	38.00	38.00
Net Income Margin	-9.7%	0.38*	0.42*	0.46*	0.51*	0.54*	0.57*	0.59*	0.59*	0.60*	0.62*	0.61*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-19.7%	59.00	73.00	57.00	96.00	70.00	96.00	72.00	87.00	87.00	118	52.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	2.6%	13,106	12,777	12,825	13,008	12,974	13,110	13,260	13,314	13,102	12,543	12,329	12,103	10,905	10,568	10,340	9,701	8,262	8,114	7,979	7,946	7,732
Cash Equivalents	38.2%	537	388	279	446	331	366	466	598	529	561	845	-	729	-	-	-	-	-	-	-	-
Net PPE	-0.8%	152	153	153	154	153	153	149	150	150	148	148	142	142	141	139	140	131	132	134	135	133
Liabilities	0.6%	11,607	11,537	11,458	11,635	11,708	11,978	11,931	11,825	11,343	10,810	10,609	10,437	9,226	8,948	8,757	8,175	7,035	6,909	6,815	6,838	6,679
Short Term Borrowings	-97.1%	22.00	752	588	633	24.00	775	768	759	671	649	550	549	430	503	449	858	381	400	362	383	469
Shareholder's Equity	20.9%	1,499	1,240	1,367	1,373	1,266	1,133	1,329	1,489	1,759	1,734	1,720	1,665	1,678	1,620	1,582	1,526	1,227	1,205	1,165	1,108	1,053
Retained Earnings	1.7%	1,220	1,199	1,175	1,150	1,122	1,088	1,052	1,016	982	948	910	875	837	797	763	0.00	708	683	656	630	607
Additional Paid-In Capital	0.3%	681	679	681	679	678	676	676	681	677	675	672	672	670	669	667	674	451	449	448	446	443
Float	-	-	-	3,900	-	-	-	5,370	-	-	-	6,700	-	-	-	3,930	-	-	-	3,970	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-19.7%	59.00	73.00	57.00	96.00	70.00	96.00	72.00	87.00	89.00	118	52.00	97.00	76.00	22.00	81.00	31.00	58.00	36.00	36.00	72.00	27.00
Share Based Compensation	-	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	577.4%	40.00	-8.45	-26.26	122	188	-220	-285	-519	-795	-591	-642	-581	129	-347	-477	-566	-177	-163	-100	-6.43	-88.21
Cashflow From Financing	10.0%	49.00	45.00	-198	-102	-292	25.00	81.00	502	674	191	352	840	290	174	513	521	172	50.00	-14.98	72.00	110
Dividend Payments	0.0%	26.00	26.00	24.00	24.00	24.00	0.00	46.00	21.00	21.00	21.00	18.00	18.00	18.00	18.00	17.00	16.00	16.00	16.00	14.00	14.00	14.00
Buy Backs	-100.0%	-	3.00	-	-	-	2.00	7.00	-	-	-	-	-	-	-	8.00	-	-	-	-	-	-

FFIN Income Statement

2023-12-31

Consolidated Statements of Earnings - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST INCOME:
Interest and fees on loans	$ 405,939	$ 296,114	$ 271,638
Interest on investment securities:
Taxable	79,925	78,924	47,390
Exempt from federal income tax	36,194	54,121	56,638
Interest on federal funds sold and interest-bearing deposits in banks	6,012	3,695	739
Total interest income	528,070	432,854	376,405
INTEREST EXPENSE:
Interest on deposits	124,830	26,246	5,705
Interest on borrowings	19,431	5,194	337
Total interest expense	144,261	31,440	6,042
Net interest income	383,809	401,414	370,363
PROVISION FOR CREDIT LOSSES	10,631	17,427	(1,139)
Net interest income after provisions for credit losses	373,178	383,987	371,502
NONINTEREST INCOME:
Trust fees	40,456	39,995	36,145
Service charges on deposit accounts	25,378	24,540	21,156
Debit card fees	21,721	30,280	35,905
Credit card fees	2,645	2,585	2,373
Gain on sale and fees on mortgage loans	11,890	19,035	33,245
Net gain (loss) on sale of available-for-sale securities	(7,119)	2,144	815
Net gain on sale of foreclosed assets	46	1,451	190
Net gain on sale of assets	1,525	520	210
Interest on loan recoveries	2,055	2,840	4,039
Other	9,406	8,275	8,098
Total noninterest income	108,003	131,665	142,176
NONINTEREST EXPENSE:
Salaries, commissions and employee benefits	131,915	134,133	142,042
Net occupancy expense	13,766	13,307	13,009
Equipment expense	8,545	9,052	9,173
FDIC insurance premiums	7,749	3,711	3,130
Debit card expense	12,933	12,231	11,957
Professional and service fees	9,810	8,770	9,334
Printing, stationery and supplies	2,454	2,114	1,910
Operational and other losses	3,842	3,229	3,293
Software amortization and expense	10,288	9,963	11,120
Amortization of intangible assets	912	1,245	1,613
Other	35,668	37,023	35,127
Total noninterest expense	237,882	234,778	241,708
EARNINGS BEFORE INCOME TAXES	243,299	280,874	271,970
INCOME TAX EXPENSE	44,322	46,399	44,408
NET EARNINGS	$ 198,977	$ 234,475	$ 227,562
NET EARNINGS PER SHARE, BASIC	$ 1.39	$ 1.64	$ 1.60
NET EARNINGS PER SHARE, DILUTED	1.39	1.64	1.59
DIVIDENDS PER SHARE	$ 0.71	$ 0.66	$ 0.58

FFIN Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
ASSETS
CASH AND DUE FROM BANKS	$ 281,354,000	$ 293,286,000
INTEREST-BEARING DEMAND DEPOSITS IN BANKS	255,237,000	37,392,000
Total cash and cash equivalents	536,591,000	330,678,000
SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,243,681 and $6,152,348 as of December 31, 2023 and 2022, respectively)	4,732,762,000	5,474,359,000
LOANS:
Held-for-investment, excluding PPP loans	7,148,682,000	6,441,699,000
PPP loans	109,000	169,000
Total loans held-for-investment	7,148,791,000	6,441,868,000
Less - allowance for credit losses	(88,734,000)	(75,834,000)
Net loans held – for -investment	7,060,057,000	6,366,034,000
Held-for-sale ($11,077 and $10,497 at fair value as of December 31, 2023 and 2022, respectively)	14,253,000	11,965,000
BANK PREMISES AND EQUIPMENT, net	151,788,000	152,973,000
INTANGIBLE ASSETS, net	314,622,000	315,534,000
OTHER ASSETS	295,521,000	322,523,000
Total assets	13,105,594,000	12,974,066,000
LIABILITIES AND SHAREHOLDERS’ EQUITY
Total deposits	11,138,300,000	11,005,507,000
NONINTEREST-BEARING DEPOSITS	3,435,586,000	4,061,788,000
INTEREST-BEARING DEPOSITS	7,702,714,000	6,943,719,000
Total liabilities	11,606,694,000	11,708,329,000
BORROWINGS	22,153,000	23,678,000
OTHER LIABILITIES	38,601,000	36,037,000
REPURCHASE AGREEMENTS	381,928,000	618,829,000
DIVIDENDS PAYABLE	25,712,000	24,278,000
COMMITMENTS AND CONTINGENCIES
Shareholders' equity:
COMMON STOCK $0.01 par value; authorized 200,000,000 shares; 142,716,939 and 142,657,871 shares issued at December 31, 2023 and 2022, respectively	1,427,000	1,427,000
CAPITAL SURPLUS	681,246,000	677,593,000
RETAINED EARNINGS	1,219,525,000	1,121,945,000
TREASURY STOCK (shares at cost: 930,152 and 929,210 at December 31, 2023 and 2022, respectively)	(11,855,000)	(11,035,000)
DEFERRED COMPENSATION	11,855,000	11,035,000
ACCUMULATED OTHER COMPREHENSIVE EARNINGS, net	(403,298,000)	(535,228,000)
Total shareholders’ equity	1,498,900,000	1,265,737,000
Total liabilities and shareholders’ equity	$ 13,105,594,000	$ 12,974,066,000

About First Financial Bankshares Inc

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. In addition, the company offers asset management, investing, purchasing, advertising, public relations, and technology services. The company was founded in 1890 and is headquartered in Abilene, Texas.

CEO	Mr. F. Scott Dueser
WEBSITE	ffin.com
INDUSTRY	Banks Diversified
EMPLOYEES	1400

First Financial Bankshares Inc Frequently Asked Questions

What is the ticker symbol for First Financial Bankshares Inc? What does FFIN stand for in stocks?

FFIN is the stock ticker symbol of First Financial Bankshares Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Financial Bankshares Inc (FFIN)?

As of Wed Apr 24 2024, market cap of First Financial Bankshares Inc is 4.35 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FFIN stock?

You can check FFIN's fair value in chart for subscribers.

What is the fair value of FFIN stock?

You can check FFIN's fair value in chart for subscribers. The fair value of First Financial Bankshares Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Financial Bankshares Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FFIN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Financial Bankshares Inc a good stock to buy?

The fair value guage provides a quick view whether FFIN is over valued or under valued. Whether First Financial Bankshares Inc is cheap or expensive depends on the assumptions which impact First Financial Bankshares Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FFIN.

What is First Financial Bankshares Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, FFIN's PE ratio (Price to Earnings) is 21.87 and Price to Sales (PS) ratio is 8.24. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FFIN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Financial Bankshares Inc's stock?

In the past 10 years, First Financial Bankshares Inc has provided 0.089 (multiply by 100 for percentage) rate of return.