Market Summary
USD26.77-0.15
Market Closed-0.56%
FFIN Stock Price
FFIN RSI Chart
FFIN Valuation
FFIN Price/Sales (Trailing)
FFIN Profitability
FFIN Fundamentals
FFIN Revenue
FFIN Earnings
Price Action
52 Week Range
25.0147.26
(Low)(High)
Last 7 days
-3.6%
Last 30 days
-8.5%
Last 90 days
-26.3%
Trailing 12 Months
-35.4%
FFIN Financial Health
FFIN Investor Care
Peers (Alternatives to First Financial Bankshares)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
BNS | 56.4B | 40.0B | -2.14% | -24.99% | 5.3 | 1.79 | 34.99% | -10.60% |
MTB | 21.9B | 7.6B | -0.45% | -30.27% | 15.92 | 3.51 | 98.59% | -3.15% |
CFG | 13.1B | 8.2B | -10.89% | -32.08% | 6.08 | 1.59 | 70.15% | 1.69% |
| MID-CAP | ||||||||
EWBC | 7.6B | 2.7B | -3.73% | -31.47% | 6.71 | 3.26 | 63.22% | 33.92% |
SIVB | 6.3B | 5.7B | -67.21% | -80.32% | 3.9 | 1.11 | 72.48% | -22.38% |
CBSH | 5.9B | 1.1B | -12.71% | -29.09% | 12.1 | 5.41 | 28.89% | -5.45% |
PB | 5.3B | 1.1B | -6.77% | -18.97% | 10.16 | 4.87 | 4.58% | 1.01% |
BPOP | 4.3B | 2.7B | -1.00% | -26.69% | 4.07 | 1.6 | 25.66% | 18.78% |
FFIN | 3.8B | 457.4M | -8.51% | -35.38% | 16.62 | 8.4 | 19.47% | 1.97% |
WAL | 3.5B | 3.2B | -4.10% | -56.03% | 3.34 | 1.31 | 75.57% | 1.33% |
| SMALL-CAP | ||||||||
BANR | 1.8B | 483.8M | -8.60% | -22.29% | 9.28 | 4.02 | 10.67% | 4.45% |
SBCF | 1.8B | 460.3M | -4.01% | -37.85% | 18.44 | 3.92 | 57.00% | -12.16% |
LKFN | 1.3B | 270.8M | 2.29% | -28.54% | 12.62 | 4.87 | 40.09% | 8.36% |
HTLF | 1.2B | 750.4M | -12.01% | -34.06% | 5.79 | 1.82 | 28.80% | 5.55% |
Financials for First Financial Bankshares
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 5.7% | 457 | 433 | 408 | 392 | 383 |
| EBITDA | 2.0% | 695 | 681 | 673 | 660 | - |
| EBITDA Margin | -3.9% | 1.61* | 1.67* | 1.72* | 1.73* | - |
| Earnings Before Taxes | -0.7% | 279 | 281 | 276 | 275 | 270 |
| EBT Margin | -4.2% | 0.65* | 0.68* | 0.70* | 0.71* | - |
| Interest Expenses | 2.4% | 401 | 392 | 385 | 377 | - |
| Net Income | -1.5% | 231 | 234 | 231 | 231 | 227 |
| Net Income Margin | -4.5% | 0.54* | 0.57* | 0.59* | 0.59* | - |
| Free Cahsflow | -5.2% | 324 | 342 | 363 | 343 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 0.3% | 13,008 | 12,974 | 13,110 | 13,260 | 13,314 |
| Cash Equivalents | -21.4% | 366 | 466 | - | - | - |
| Net PPE | 0.5% | 154 | 153 | 153 | 149 | 150 |
| Liabilities | -0.6% | 11,635 | 11,708 | 11,978 | 11,931 | 11,825 |
| . Short Term Borrowings | -1.5% | 633 | 643 | 775 | 768 | 759 |
| Shareholder's Equity | 8.5% | 1,373 | 1,266 | 1,133 | 1,329 | 1,489 |
| Retained Earnings | 2.5% | 1,150 | 1,122 | 1,088 | 1,052 | 1,016 |
| Additional Paid-In Capital | 0.3% | 679 | 678 | 676 | 676 | 681 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 2.8% | 333 | 324 | 342 | 363 | 343 |
| Share Based Compensation | -4.3% | 1.00 | 1.00 | - | - | - |
| Cashflow From Investing | 76.6% | -196 | -838 | -1,821 | -2,192 | -2,549 |
| Cashflow From Financing | -191.2% | -288 | 316 | 1,284 | 1,450 | 1,721 |
| Dividend Payments | 3.2% | 94.00 | 91.00 | 88.00 | 110 | 83.00 |
| Buy Backs | -25.0% | 9.00 | 13.00 | 10.00 | - | - |
Risks for FFIN
What is the probability of a big loss on FFIN?
42.7%
Probability that First Financial Bankshares stock will be more than 20% underwater in next one year
26.1%
Probability that First Financial Bankshares stock will be more than 30% underwater in next one year.
1.5%
Probability that First Financial Bankshares stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does FFIN drawdown profile look like?
Y-axis is the maximum loss one would have experienced if First Financial Bankshares was unfortunately bought at previous high price.
Drawdowns
Returns for FFIN
Cumulative Returns on FFIN
8.6%
10-Year Cumulative Returns
8.4%
7-Year Cumulative Returns
1.6%
5-Year Cumulative Returns
-3.4%
3-Year Cumulative Returns
What are the long-term rolling returns for FFIN?
FIve years rolling returns for First Financial Bankshares.
Annualized Returns
Which funds bought or sold FFIN recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -33.54 | -457,248 | 734,402 | -% |
2023-05-25 | Legato Capital Management LLC | unchanged | - | -60,980 | 778,105 | 0.14% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -16.79 | -1,985,270 | 6,708,730 | -% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -48.77 | -43,568,800 | 39,425,200 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -39.04 | -2,212,000 | 2,877,000 | -% |
2023-05-17 | Advisory Services Network, LLC | unchanged | - | -1,961 | 25,009 | -% |
2023-05-17 | Thrivent Financial for Lutherans | added | 56.6 | 690,000 | 2,221,000 | -% |
2023-05-17 | Sunbelt Securities, Inc. | added | 45.4 | 196,969 | 757,689 | 0.12% |
2023-05-16 | SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | sold off | -100 | -532,271 | - | -% |
2023-05-16 | MERCER GLOBAL ADVISORS INC /ADV | added | 0.19 | -23,000 | 302,000 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
First Financial Bankshares News
Schedule 13G FIlings of First Financial Bankshares
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| Jan 27, 2021 | blackrock inc. | 10.9% | 15,552,657 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 9.26% | 12,582,694 | SC 13G/A | |
| Feb 04, 2020 | blackrock inc. | 11.6% | 15,770,082 | SC 13G/A |
FFIN Fair Value
Recent SEC filings of First Financial Bankshares
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 16, 2023 | 4 | Insider Trading | |
| May 09, 2023 | 4 | Insider Trading | |
| May 03, 2023 | 10-Q | Quarterly Report | |
| May 03, 2023 | 4 | Insider Trading | |
| May 02, 2023 | 4 | Insider Trading | |
| May 02, 2023 | 4 | Insider Trading | |
| Apr 28, 2023 | 4 | Insider Trading | |
| Apr 27, 2023 | 4 | Insider Trading | |
| Apr 27, 2023 | 4 | Insider Trading | |
| Apr 27, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for FFIN
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-15 | TROTTER JOHNNY | bought | 131,100 | 26.22 | 5,000 | - |
2023-05-09 | Nickles Robert Clark Jr | bought | 481,556 | 26.19 | 18,387 | - |
2023-05-02 | TROTTER JOHNNY | bought | 69,925 | 27.97 | 2,500 | - |
2023-05-01 | TROTTER JOHNNY | bought | 116,200 | 29.05 | 4,000 | - |
2023-04-28 | Hickox Michelle S | bought | 50,065 | 29.45 | 1,700 | evp/cfo |
2023-04-27 | Denny Michael B. | bought | 99,750 | 28.5 | 3,500 | - |
2023-04-25 | Braun Vianei Lopez | acquired | - | - | 2,519 | - |
2023-04-25 | TROTTER JOHNNY | acquired | - | - | 2,519 | - |
2023-04-25 | Denny Michael B. | acquired | - | - | 2,519 | - |
2023-04-25 | COPELAND DAVID L | acquired | - | - | 2,519 | - |
First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, and time deposits; commercial and industrial, municipal, agricultural, construction and development, farm, non-owner occupied and owner-occupied commercial real estate, residential, and consumer auto and non-auto loans to businesses, professional individuals, and farm and ranch operations. It also provides drive-in and night deposit, remote deposit capture, internet and mobile banking, payroll cards, transmitting funds, and other customary commercial banking services, as well as automated teller machines and safe deposit facilities. In addition, the company offers personal trust services, including wealth management, administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts; and securities brokerage services, as well as administer retirements and employee benefits accounts, such as 401(k) profit-sharing plans and IRAs. Further, the company provides asset management and technology services. As of December 31, 2021, it had 78 financial centers across Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.
FFIN Income Statement
2023-03-31Consolidated Statements of Earnings - USD ($) | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| INTEREST INCOME: | ||
| Interest and fees on loans | $ 89,009,000 | $ 64,499,000 |
| Interest on investment securities: | ||
| Taxable | 20,782,000 | 17,823,000 |
| Exempt from federal income tax | 10,067,000 | 14,593,000 |
| Interest on federal funds sold and interest-bearing demand deposits in banks | 1,650,000 | 94,000 |
| Total interest income | 121,508,000 | 97,009,000 |
| INTEREST EXPENSE: | ||
| Interest on deposits | 21,812,000 | 1,370,000 |
| Interest on borrowings | 3,410,000 | 200,000 |
| Total interest expense | 25,222,000 | 1,570,000 |
| Net interest income | 96,286,000 | 95,439,000 |
| PROVISION FOR CREDIT LOSSES | 2,781,000 | 4,782,000 |
| Net interest income after provision for credit losses | 93,505,000 | 90,657,000 |
| NONINTEREST INCOME: | ||
| Trust fees | 9,845,000 | 9,817,000 |
| Service charges on deposit accounts | 6,036,000 | 5,706,000 |
| Debit card fees | 4,936,000 | 8,926,000 |
| Credit card fees | 609,000 | 602,000 |
| Gain on sale and fees on mortgage loans | 2,974,000 | 6,333,000 |
| Net gain on sale of available-for-sale securities | 12,000 | 31,000 |
| Net gain on sale of foreclosed assets | 34,000 | 1,084,000 |
| Net gain (loss) on sale of other assets | 930,000 | (10,000) |
| Interest on loan recoveries | 346,000 | 283,000 |
| Other | 2,285,000 | 2,109,000 |
| Total noninterest income | 28,007,000 | 34,881,000 |
| NONINTEREST EXPENSE: | ||
| Salaries, commissions and employee benefits | 31,461,000 | 34,138,000 |
| Net occupancy expense | 3,430,000 | 3,225,000 |
| Equipment expense | 2,127,000 | 2,257,000 |
| FDIC insurance premiums | 1,654,000 | 869,000 |
| Debit card expense | 3,199,000 | 2,964,000 |
| Professional and service fees | 2,365,000 | 2,225,000 |
| Printing, stationery and supplies | 710,000 | 540,000 |
| Operational and other losses | 931,000 | 596,000 |
| Software amortization and expense | 2,311,000 | 2,457,000 |
| Amortization of intangible assets | 228,000 | 320,000 |
| Other | 8,840,000 | 9,634,000 |
| Total noninterest expense | 57,256,000 | 59,225,000 |
| EARNINGS BEFORE INCOME TAXES | 64,256,000 | 66,313,000 |
| INCOME TAX EXPENSE | 11,688,000 | 10,341,000 |
| NET EARNINGS | $ 52,568,000 | $ 55,972,000 |
| NET EARNINGS PER SHARE, BASIC | $ 0.37 | $ 0.39 |
| NET EARNINGS PER SHARE, DILUTED | 0.37 | 0.39 |
| DIVIDENDS PER SHARE | $ 0.17 | $ 0.15 |
FFIN Balance Sheet
2023-03-31Consolidated Balance Sheets - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022 |
|---|---|---|---|
| ASSETS | |||
| CASH AND DUE FROM BANKS | $ 224,875,000 | $ 293,286,000 | $ 203,187,000 |
| INTEREST-BEARING DEMAND DEPOSITS IN BANKS | 221,336,000 | 37,392,000 | 394,566,000 |
| Total cash and cash equivalents | 446,211,000 | 330,678,000 | 597,753,000 |
| SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,879,040, $6,767,967and $6,152,348 as ofMarch 31, 2023 and 2022, and December 31, 2022, respectively) | 5,298,557,000 | 5,474,359,000 | 6,502,495,000 |
| LOANS: | |||
| Held-for-investment, excluding PPP loans | 6,576,060,000 | 6,441,699,000 | 5,550,430,000 |
| PPP loans | 155,000 | 169,000 | 15,739,000 |
| Total loans held-for-investment | 6,576,215,000 | 6,441,868,000 | 5,566,169,000 |
| Less: Allowance for credit losses | (80,818,000) | (75,834,000) | (66,913,000) |
| Net loans held for investment | 6,495,397,000 | 6,366,034,000 | 5,499,256,000 |
| Held-for-sale ($11,766, $22,382 and $10,497at fair value at March 31, 2023 and 2022, and December 31, 2022, respectively) | 11,996,000 | 11,965,000 | 27,670,000 |
| BANK PREMISES AND EQUIPMENT, net | 153,718,000 | 152,973,000 | 150,168,000 |
| INTANGIBLE ASSETS, net | 315,306,000 | 315,534,000 | 316,459,000 |
| OTHER ASSETS | 286,801,000 | 322,523,000 | 220,399,000 |
| Total assets | 13,007,986,000 | 12,974,066,000 | 13,314,200,000 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | |||
| NONINTEREST-BEARING DEPOSITS | 3,890,991,000 | 4,061,788,000 | 3,978,724,000 |
| INTEREST-BEARING DEPOSITS | 7,045,427,000 | 6,943,719,000 | 7,021,101,000 |
| Total deposits | 10,936,418,000 | 11,005,507,000 | 10,999,825,000 |
| DIVIDENDS PAYABLE | 24,274,000 | 24,278,000 | 21,411,000 |
| BORROWINGS | 632,927,000 | 642,507,000 | 758,595,000 |
| OTHER LIABILITIES | 41,514,000 | 36,037,000 | 45,620,000 |
| Total liabilities | 11,635,133,000 | 11,708,329,000 | 11,825,451,000 |
| COMMITMENTS AND CONTINGENCIES | |||
| SHAREHOLDERS' EQUITY: | |||
| COMMON STOCK - ($0.01 par value, authorized 200,000,000 shares; 142703,531 and 142,704,495,142,532,116 shares issued at , March 31, 2023 and 2022, and December 31, 2022, respectiveley | 1,427,000 | 1,427,000 | 1,427,000 |
| CAPITAL SURPLUS | 679,429,000 | 677,593,000 | 680,665,000 |
| RETAINED EARNINGS | 1,150,246,000 | 1,121,945,000 | 1,016,239,000 |
| TREASURY STOCK (shares at cost: 927,789, 937,847 and 929,210 at March 31, 2023 and 2022, and December 31, 2022, respectively) | (11,271,000) | (11,035,000) | (10,404,000) |
| DEFERRED COMPENSATION | 11,271,000 | 11,035,000 | 10,404,000 |
| ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net | (458,249,000) | (535,228,000) | (209,582,000) |
| Total shareholders' equity | 1,372,853,000 | 1,265,737,000 | 1,488,749,000 |
| Total liabilities and shareholders' equity | $ 13,007,986,000 | $ 12,974,066,000 | $ 13,314,200,000 |