First Financial Bankshares (FFIN) Expected to Announce Quarterly Earnings on Thursday

First Financial Bankshares (NASDAQ:FFIN - Get Free Report) is anticipated to announce its earnings results before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $149.48 million for the quarter.

First Financial Bankshares (NASDAQ:FFIN - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The bank reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.03. First Financial Bankshares had a net margin of 29.69% and a return on equity of 14.24%. On average, analysts expect First Financial Bankshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Financial Bankshares Stock Performance

Shares of NASDAQ FFIN traded up $0.77 during midday trading on Tuesday, reaching $32.51. 451,749 shares of the stock were exchanged, compared to its average volume of 544,781. First Financial Bankshares has a twelve month low of $27.62 and a twelve month high of $44.66. The stock has a market capitalization of $4.65 billion, a P/E ratio of 20.84 and a beta of 0.82. The company has a 50 day simple moving average of $35.60 and a 200 day simple moving average of $37.32.

First Financial Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.72 dividend on an annualized basis and a yield of 2.21%. First Financial Bankshares's dividend payout ratio is currently 46.15%.

Remove Ads

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods boosted their price objective on shares of First Financial Bankshares from $40.00 to $41.00 and gave the company a "market perform" rating in a report on Monday, January 27th.

Insiders Place Their Bets

In other First Financial Bankshares news, Director Johnny Trotter bought 6,000 shares of First Financial Bankshares stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $35.12 per share, for a total transaction of $210,720.00. Following the acquisition, the director now directly owns 949,371 shares in the company, valued at $33,341,909.52. This represents a 0.64 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 4.22% of the company's stock.

First Financial Bankshares Company Profile

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.