First Financial Bankshares (FFIN) AI Stock Analysis

• Market Cap: $5.27B
• Dividend Yield: 1.98%
• Average Volume (3M): 579.51K
• Price to Earnings (P/E): 21.5
• Beta (1Y): 1.02
• Revenue Growth: 14.64%
• EPS Growth: 21.78%
• Country: US
• Employees: 1,400
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): 0.47
• Shares Outstanding: 143,050,320
• 10 Day Avg. Volume: 551,893
• 30 Day Avg. Volume: 579,515
• PEG Ratio: -0.96
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 18.04
• Enterprise Value/Market Cap: 0.96
• Enterprise Value/Revenue: 1.76
• Enterprise Value/Gross Profit: 9.41
• Enterprise Value/Ebitda: 4.60
• 1Y Price Target: $38.00
• Price Target Upside: 3.09% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: $41.00 ▲(11.23%Upside)

First Financial Bankshares has a solid financial foundation with strong margins and cash flow, backed by low leverage and stable revenue growth. The technical indicators suggest a mild bullish trend, while the valuation appears slightly high. Positive corporate events, including a stock repurchase plan and dividend increase, further enhance the outlook. The combination of these factors results in a stable overall stock score.

First Financial Bankshares Business Overview & Revenue Model

Company Description

First Financial Bankshares, Inc. (FFIN) is a financial holding company headquartered in Abilene, Texas. It conducts its operations through a network of community banks located across Texas. The company offers a comprehensive range of banking services including commercial and consumer loans, deposit products, wealth management, and trust services. It serves a diverse customer base, including individuals, businesses, and governmental entities.

How the Company Makes Money

First Financial Bankshares generates revenue primarily through interest income and non-interest income. Interest income is derived from loans and investment securities, constituting a significant portion of the company's earnings. Non-interest income comes from fees and service charges related to deposit accounts, wealth management services, and trust operations. Additionally, the company benefits from strategic acquisitions that expand its reach and customer base, further enhancing its income potential. The stability and growth of its earnings are supported by maintaining strong customer relationships and adhering to prudent lending practices.

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: 36.86
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 36.86 is below the 20-day moving average (MA) of 36.92, above the 50-day MA of 36.08, and above the 200-day MA of 36.46, indicating a neutral trend. The MACD of 0.28 indicates Positive momentum. The RSI at 52.32 is Neutral, neither overbought nor oversold. The STOCH value of 44.75 is Neutral, 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
GBCI	74 Outperform	$5.21B	24.55	6.63%	2.96%	8.10%	6.95%
VLY	74 Outperform	$5.34B	12.49	6.33%	4.62%	0.20%	9.86%
COLB	72 Outperform	$4.91B	10.30	9.73%	6.17%	-0.17%	1.69%
FFIN	71 Outperform	$5.27B	21.48	15.09%	1.98%	14.64%	21.78%
CADE	71 Outperform	$6.40B	12.74	9.59%	3.00%	16.71%	―
UBSI	70 Outperform	$5.20B	13.67	7.71%	4.04%	8.07%	6.94%
Sector *	61 Neutral	C$15.12B	7.06	23.28%	5.39%	33.61%	-23.38%

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.

First Financial Bankshares Increases Quarterly Dividend

On April 29, 2025, First Financial Bankshares held its annual shareholders’ meeting in Abilene, Texas, where shareholders elected thirteen directors to the board and ratified the selection of Ernst & Young LLP as the company’s independent auditors. Additionally, the board declared a 5.6% increase in the quarterly cash dividend, set to be paid on July 1, 2025. The meeting also saw the approval of executive compensation, reflecting shareholder confidence in the company’s leadership and strategic direction.

First Financial Bankshares Holds Annual Shareholder Meeting

On April 29, 2025, First Financial Bankshares, Inc. held its Annual Shareholder Meeting in Abilene, Texas. During the meeting, Chairman and CEO F. Scott Dueser presented to shareholders and invited guests.