First Financial Bankshares (FFIN) AI Stock Analysis

• Market Cap: $5.01B
• Dividend Yield: 2%
• Average Volume (3M): 496.16K
• Price to Earnings (P/E): 20.4
• Beta (1Y): 1.02
• Revenue Growth: 14.53%
• EPS Growth: 21.78%
• Country: US
• Employees: 1,400
• Sector: Financial
• Sector Strength: 71
• Industry: Banks - Regional
• EPS (TTM): 0.47
• Shares Outstanding: 143,103,870
• 10 Day Avg. Volume: 508,490
• 30 Day Avg. Volume: 496,163
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 6.56
• Enterprise Value/Gross Profit: 9.20
• Enterprise Value/Ebitda: 16.78
• 1Y Price Target: $38.50
• Price Target Upside: 5.68% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 66 Neutral
• Price Target: $39.00 ▲(7.05% Upside)

First Financial Bankshares shows solid financial performance with strong margins and low leverage, which is the most significant factor in its score. Technical analysis indicates a neutral trend with no significant momentum, and the valuation suggests the stock may be slightly overvalued. The renewal of the stock repurchase plan is a positive corporate event, but it does not significantly impact the overall score.

First Financial Bankshares Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

First Financial Bankshares generates revenue primarily through net interest income and non-interest income. Net interest income is derived from the difference between interest earned on loans and investments and interest paid on deposits and borrowings. This is a significant revenue stream as the bank offers various loan products, including commercial loans, residential mortgages, and consumer loans. Non-interest income comes from service fees, deposit account fees, wealth management services, and mortgage origination fees. Additionally, FFIN benefits from partnerships with local businesses and community organizations, enhancing its customer base and driving revenue growth through increased deposits and loan demand.

First Financial Bankshares Financial Statement Overview

Summary

First Financial Bankshares demonstrates solid financial performance with strong profit margins and low leverage. Revenue growth is positive, and the balance sheet is healthy. However, a decline in EBIT margins and slightly decreased returns on equity dampen the score.

Income Statement

The company shows strong gross profit and net profit margins, with the latest TTM figures indicating a gross profit margin of 90.9% and a net profit margin of 38.1%. Revenue growth is positive with a 12.3% increase from the previous period. However, the EBIT margin has declined significantly in the latest TTM, impacting overall profitability.

Balance Sheet

The balance sheet reflects a solid equity base with an equity ratio of 11.7% in the latest TTM. The debt-to-equity ratio is low at 0.05, indicating low leverage. However, the return on equity has seen a slight decrease to 13.8%, suggesting moderate returns on shareholder investments.

Cash Flow

Operating cash flow remains stable, with a slight increase in free cash flow. The free cash flow to net income ratio is impressive at 1.28, indicating strong cash generation relative to profits. However, the growth rate of free cash flow is moderate at 1.0%, and the operating cash flow to net income ratio is 1.34, showing good cash conversion efficiency.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	739.21M	622.31M	551.27M	505.62M	491.94M
Gross Profit	523.22M	467.42M	502.40M	500.72M	458.18M
EBITDA	285.27M	255.88M	293.64M	285.03M	255.16M
Net Income	223.51M	198.98M	234.47M	227.56M	202.03M
Balance Sheet
Total Assets	13.98B	13.11B	12.97B	13.10B	10.90B
Cash, Cash Equivalents and Short-Term Investments	1.05B	5.27B	5.81B	7.10B	5.12B
Total Debt	197.02M	404.08M	642.51M	671.15M	430.09M
Total Liabilities	12.37B	11.61B	11.71B	11.34B	9.23B
Stockholders Equity	1.61B	1.50B	1.27B	1.76B	1.68B
Cash Flow
Free Cash Flow	292.92M	267.57M	308.49M	335.95M	194.22M
Operating Cash Flow	309.64M	284.82M	324.27M	355.15M	210.67M
Investing Cash Flow	-736.88M	127.29M	-838.00M	-2.61B	-1.26B
Financing Cash Flow	654.06M	-206.20M	315.82M	2.06B	1.50B

First Financial Bankshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.43
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FFIN, the sentiment is Positive. The current price of 36.43 is above the 20-day moving average (MA) of 35.49, above the 50-day MA of 36.01, and above the 200-day MA of 36.34, indicating a bullish trend. The MACD of -0.31 indicates Negative momentum. The RSI at 57.79 is Neutral, neither overbought nor oversold. The STOCH value of 98.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FFIN.

First Financial Bankshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CADE	78 Outperform	$6.46B	12.54	9.59%	2.90%	17.47%	―
GBCI	74 Outperform	$5.47B	23.97	6.60%	2.82%	8.37%	17.00%
COLB	74 Outperform	$5.50B	10.38	10.24%	5.51%	-1.39%	11.31%
VLY	74 Outperform	$5.46B	12.48	6.33%	4.37%	0.20%	9.86%
UBSI	71 Outperform	$5.34B	13.33	7.71%	3.92%	7.80%	6.87%
FFIN	66 Neutral	$5.01B	20.45	15.09%	2.00%	14.53%	21.78%
Sector *	65 Neutral	£5.45B	8.77	9.49%	5.11%	10.05%	-13.15%

First Financial Bankshares Corporate Events

First Financial Bankshares Renews Stock Repurchase Plan

On July 22, 2025, First Financial Bankshares, Inc. announced the renewal of its stock repurchase plan, extending the expiration date to July 31, 2026, with authorization to repurchase up to 5 million shares, approximately 3.5% of its outstanding shares. The renewal reflects the company’s strong capital position and confidence in its future outlook, allowing for share repurchases when deemed beneficial to shareholders.

The most recent analyst rating on (FFIN) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on First Financial Bankshares stock, see the FFIN Stock Forecast page.

First Financial Bankshares Renews $50M Credit Line

On June 30, 2025, First Financial Bankshares, Inc. renewed its revolving line of credit with Frost Bank, allowing it to draw up to $50 million until June 30, 2027. The agreement includes financial and operational covenants, such as maintaining specific financial ratios and restricting dividend payments, with no borrowings reported under the agreement in recent years.

The most recent analyst rating on (FFIN) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on First Financial Bankshares stock, see the FFIN Stock Forecast page.