First Financial Bankshares (FFIN) Stock Price, News & Analysis

Company Overview

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 advisory and specialized services related to asset management, investing, purchasing, advertising, public relations, and technology services. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.

Key Stats

• Today's Range: $40.75 to $41.86
• 50-Day Range: $35.49 to $42.91
• 52-Week Range: $25.99 to $43.57
• Volume: 355,185 shs
• Average Volume: 540,298 shs
• Market Capitalization: $5.92 billion
• P/E Ratio: 28.57
• Dividend Yield: 1.74%
• Price Target: $37.75
• Consensus Rating: Hold

First Financial Bankshares Stock Analysis - MarketRank™

First Financial Bankshares scored higher than 79% of companies evaluated by MarketBeat, and ranked 281st out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

First Financial Bankshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First Financial Bankshares has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.24%

Earnings Growth

Earnings for First Financial Bankshares are expected to grow by 7.24% in the coming year, from $1.52 to $1.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Financial Bankshares is 28.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Financial Bankshares is 28.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.72.

Price to Book Value per Share Ratio

First Financial Bankshares has a P/B Ratio of 3.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.49% of the float of First Financial Bankshares has been sold short.

Short Interest Ratio / Days to Cover

First Financial Bankshares has a short interest ratio ("days to cover") of 15.9, which indicates bearish sentiment.

Change versus previous month

Short interest in First Financial Bankshares has recently decreased by 4.31%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

First Financial Bankshares pays a meaningful dividend of 1.76%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Financial Bankshares has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of First Financial Bankshares is 49.66%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Financial Bankshares will have a dividend payout ratio of 44.17% next year. This indicates that First Financial Bankshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.5 / 5
• Environmental Score: -1.01

Percentage of Shares Shorted

5.49% of the float of First Financial Bankshares has been sold short.

Short Interest Ratio / Days to Cover

First Financial Bankshares has a short interest ratio ("days to cover") of 15.9, which indicates bearish sentiment.

Change versus previous month

Short interest in First Financial Bankshares has recently decreased by 4.31%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.16

News Sentiment

First Financial Bankshares has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for First Financial Bankshares this week, compared to 3 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First Financial Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $287,840.00 in company stock.

Percentage Held by Insiders

Only 4.22% of the stock of First Financial Bankshares is held by insiders.

Percentage Held by Institutions

69.78% of the stock of First Financial Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FFIN Stock Analysis - Frequently Asked Questions

How have FFIN shares performed this year?

First Financial Bankshares' stock was trading at $30.30 on January 1st, 2024. Since then, FFIN shares have increased by 36.7% and is now trading at $41.43.
View the best growth stocks for 2024 here.

How were First Financial Bankshares' earnings last quarter?

First Financial Bankshares, Inc. (NASDAQ:FFIN) posted its quarterly earnings data on Thursday, October, 17th. The bank reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39. The bank had revenue of $142.10 million for the quarter, compared to the consensus estimate of $140.25 million. First Financial Bankshares had a trailing twelve-month return on equity of 13.43% and a net margin of 28.76%.

When did First Financial Bankshares' stock split?

First Financial Bankshares's stock split before market open on Monday, June 3rd 2019. The 2-1 split was announced on Tuesday, April 23rd 2019. The newly issued shares were distributed to shareholders after the closing bell on Friday, May 31st 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are First Financial Bankshares' major shareholders?

First Financial Bankshares' top institutional investors include First Financial Bankshares Inc (12.48%), State Street Corp (4.35%), Champlain Investment Partners LLC (2.46%) and Geode Capital Management LLC (2.35%). Insiders that own company stock include Johnny Trotter, F Scott Dueser, Michael B Denny, Robert Clark Nickles Jr, April Kaye Bullock Anthony, Murray Hamilton Edwards, Michelle S Hickox, Kade Matthews and Sally Pope Davis.
View institutional ownership trends.

How do I buy shares of First Financial Bankshares?

Shares of FFIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Financial Bankshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Financial Bankshares investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 10/1 Dividend: 9/12/2024
• Dividend Payable: 10/01/2024
• Last Earnings: 10/17/2024
• Today: 11/21/2024
• Ex-Dividend for 1/2 Dividend: 12/13/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/02/2025
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:FFIN
• CUSIP: 32020R10
• CIK: 36029
• Web: www.ffin.com
• Phone: (325) 627-7155
• Fax: 325-627-7393
• Employees: 1,500
• Year Founded: 1890

Price Target and Rating

• Average Stock Price Target: $37.75
• High Stock Price Target: $40.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: -8.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.45
• Trailing P/E Ratio: 28.57
• Forward P/E Ratio: 27.26
• P/E Growth: N/A
• Net Income: $198.98 million
• Net Margins: 28.76%
• Pretax Margin: 34.97%
• Return on Equity: 13.43%
• Return on Assets: 1.56%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.69
• Quick Ratio: 0.69

Sales & Book Value

• Annual Sales: $636.07 million
• Price / Sales: 9.31
• Cash Flow: $1.87 per share
• Price / Cash Flow: 22.15
• Book Value: $11.63 per share
• Price / Book: 3.56

Miscellaneous

• Outstanding Shares: 142,910,000
• Free Float: 136,879,000
• Market Cap: $5.92 billion
• Optionable: Optionable
• Beta: 0.78