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First Financial Bankshares, Inc.

FFINFinancial ServicesNASDAQ

Banks - Regional

PriceMA150MA200
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Financials · Annual
Revenue
$617.1M
+14.9% YoY
Net Income
$253.6M
+13.5% YoY

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About First Financial Bankshares, Inc.

First Financial Bankshares, Inc., through its subsidiaries, provides banking services in the United States. The $4.68B market capitalization puts FFIN squarely in mid-cap range for its industry. The company offers general commercial banking services, including checking, savings and time deposits, loans, automated teller machines, drive-in and night deposit services, safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and other customary commercial banking service, as well as securities brokerage services.

Key stats
Market Cap$4.68B
P/E (TTM)17.74
Fwd P/E15.27
EPS$1.84
Beta0.84
52W Change-8.1%
Dividend Yield2.70%
ROE14.6%
Analysis

With $335.7M in cash and $90.3M in debt, FFIN maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. ROE of 14.6% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.8% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $519.8M to $617.1M.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for First Financial Bankshares, Inc. and its sector.

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