First Financial Bankshares (NASDAQ:FFIN – Get Free Report) announced its quarterly earnings data on Thursday. The bank reported $0.52 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.52, Zacks reports. First Financial Bankshares had a return on equity of 14.00% and a net margin of 31.03%. The company had revenue of $174.14 million for the quarter, compared to analyst estimates of $178.63 million.
First Financial Bankshares Stock Up 2.3%
Shares of NASDAQ:FFIN opened at $31.59 on Friday. First Financial Bankshares has a 52-week low of $28.11 and a 52-week high of $36.52. The stock has a market cap of $4.53 billion, a P/E ratio of 16.89 and a beta of 0.82. The business has a fifty day moving average of $32.98 and a two-hundred day moving average of $32.99.
First Financial Bankshares Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Monday, September 14th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 2.8%. The ex-dividend date was Monday, September 14th. First Financial Bankshares’s dividend payout ratio is presently 47.06%.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on FFIN shares. Seaport Research Partners raised shares of First Financial Bankshares to a “buy” rating in a report on Wednesday. Hovde Group began coverage on shares of First Financial Bankshares in a research note on Friday, September 11th. They issued a “market perform” rating and a $36.00 price target on the stock. Piper Sandler assumed coverage on shares of First Financial Bankshares in a research report on Thursday, August 27th. They set a “neutral” rating and a $35.00 price target on the stock. Cantor Fitzgerald dropped their price objective on shares of First Financial Bankshares from $35.00 to $34.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, Weiss Ratings cut shares of First Financial Bankshares from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $35.60.
Check Out Our Latest Stock Report on First Financial Bankshares
More First Financial Bankshares News
Here are the key news stories impacting First Financial Bankshares this week:
- Positive Sentiment: First Financial reported third-quarter net income of $74.31 million, up from $52.27 million a year earlier and $71.89 million in the second quarter. Diluted EPS rose to $0.52 from $0.36 year over year and $0.50 sequentially, highlighting strong earnings growth. First Financial Bankshares Announces Third Quarter 2026 Earnings
- Positive Sentiment: The bank’s reported 14.00% return on equity and 31.03% net margin indicate continued profitability and efficient use of capital. First Financial Bankshares Earnings Report
- Neutral Sentiment: Quarterly EPS of $0.52 matched the Zacks consensus estimate. While earnings improved substantially from the prior-year quarter, the lack of an earnings beat may limit the positive reaction. First Financial Bankshares Meets Q3 Earnings Estimates
- Neutral Sentiment: Investors are reviewing additional operating metrics against Wall Street expectations and year-ago levels; the available report summary does not identify a specific major upside or downside surprise. Compared to Estimates, First Financial Q3 Earnings: A Look at Key Metrics
- Negative Sentiment: Cantor Fitzgerald lowered its price target from $35 to $34 and maintained a neutral rating, signaling limited upside conviction despite the improved earnings results. Cantor Fitzgerald Lowers First Financial Price Target
Insider Buying and Selling at First Financial Bankshares
In other news, Director Michael B. Denny acquired 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average price of $34.66 per share, with a total value of $103,980.00. Following the completion of the acquisition, the director owned 6,500 shares of the company’s stock, valued at $225,290. This trade represents a 85.71% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Ronald David Butler II sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $34.95, for a total transaction of $524,250.00. Following the sale, the chief accounting officer owned 152,223 shares of the company’s stock, valued at approximately $5,320,193.85. The trade was a 8.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.80% of the stock is owned by insiders.
First Financial Bankshares Company Profile
First Financial Bankshares, Inc is a Texas-based financial holding company headquartered in Abilene. Through its principal subsidiary, First Financial Bank, the company provides banking and financial services to individuals, businesses, agricultural customers and public-sector organizations.
Its offerings include checking and savings accounts, consumer and commercial loans, mortgage lending, treasury and cash-management services, online and mobile banking, and other deposit products. The company also provides trust, wealth-management and investment-related services through affiliated operations.
First Financial Bankshares traces its history to 1890 and serves communities across Texas through a network of banking locations.
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