FFIN

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at First Financial Bankshares (NASDAQ:FFIN) and the best and worst performers in the regional banks industry. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 94 regional banks stocks we track reported a mixed Q2. As a group, revenues were in line with analysts’ consensus estimates. While some regional banks stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.9% since the latest earnings results. With roots dating back to 1890 and a network spanning over 70 locations across the Lone Star State, First Financial Bankshares (NASDAQ:FFIN) is a Texas-focused regional bank providing commercial banking, trust services, and wealth management across numerous communities throughout the state. First Financial Bankshares reported revenues of $176.6 million, up 10.7% year on year. This print exceeded analysts’ expectations by 1.5%. Despite the top-line beat, it was still a slower quarter for the company with a miss of analysts’ net interest income estimates and EPS in line with analysts’ estimates. The market seems disappointed with the results as the stock is down 7.4% since reporting and currently trades at $32.70. Read our full report on First Financial Bankshares here, it’s free. Originally founded in 1964 as a federal savings and loan institution, OFG Bancorp (NYSE:OFG) provides banking and financial services including commercial and consumer lending, wealth management, insurance, and trust services primarily in Puerto Rico and the U.S. Virgin Islands. OFG Bancorp reported revenues of $190.3 million, up 4.4% year on year, outperforming analysts’ expectations by 3.9%. The business had an exceptional quarter with a beat of analysts’ EPS estimates and an impressive beat of analysts’ net interest income estimates. The market seems content with the results as the stock is up 4.4% since reporting. It currently trades at $52.20. Is now the time to buy OFG Bancorp? Access our full analysis of the earnings results here, it’s free. Originally established in 1941 and now operating with a tech-forward approach that includes its SmartStreet platform for homeowner associations, Banc of California (NYSE:BANC) is a California-based bank holding company that provides banking services to small and middle-market businesses, entrepreneurs, and individuals. Banc of California reported revenues of $285.7 million, up 4.7% year on year, falling short of analysts’ expectations by 3.1%. It was a disappointing quarter as it posted a significant miss of analysts’ tangible book value per share estimates and a significant miss of analysts’ net interest income estimates. As expected, the stock is down 13.1% since the results and currently trades at $18.40. Read our full analysis of Banc of California’s results here. Tracing its roots back to 1910 when Oklahoma was still a young state, BOK Financial (NASDAQ:BOKF) is a regional bank holding company that provides commercial banking, consumer banking, and wealth management services across eight states in the central and southwestern US. BOK Financial reported revenues of $592.1 million, up 10.1% year on year. This print surpassed analysts’ expectations by 2.8%. It was a strong quarter as it also logged a beat of analysts’ EPS estimates. The stock is down 4.3% since reporting and currently trades at $134.44. Read our full, actionable report on BOK Financial here, it’s free. With roots dating back to 1993 and a name reflecting its original Quad Cities market, QCR Holdings (NASDAQGM:QCRH) operates four community banks across Iowa and Missouri, providing commercial, consumer banking, and trust services to businesses and individuals. QCR Holdings reported revenues of $107.2 million, up 13.4% year on year. This number beat analysts’ expectations by 2.6%. It was a very strong quarter as it also produced a beat of analysts’ EPS estimates and a narrow beat of analysts’ tangible book value per share estimates. The stock is up 5.6% since reporting and currently trades at $101.67. Read our full, actionable report on QCR Holdings here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

ABILENE, Texas, July 16, 2026 /PRNewswire/ -- First Financial Bankshares, Inc. (the "Company," "we," "us" or "our") (NASDAQ: FFIN) today reported earnings of $71.89 million for the second quarter of 2026 compared to earnings of $66.66 million for the same quarter a year ago and $71.54 million for the quarter ended March 31, 2026. Basic and diluted earnings per share were $0.50 for the second quarter of 2026 compared with $0.47 for the second quarter of 2025 and $0.50 for the linked quarter. "Our second quarter results reflect solid year-over-year earnings growth, highlighted by expansion in our net interest margin and continued increases in fee income generated by wealth management and mortgage banking," said David Bailey, President and CEO. "As we look ahead, we remain focused on disciplined growth, prudent risk management and creating long term value for shareholders. We appreciate the dedication of our associates across Texas and their commitment to serving our customers and communities with excellence." Net interest income for the second quarter of 2026 was $136.91 million compared to $123.73 million for the second quarter of 2025 and $134.79 million for the first quarter of 2026. The net interest margin, on a tax-equivalent basis, was 3.90 percent for the second quarter of 2026 compared to 3.81 percent for the second quarter of 2025 and 3.86 percent for the first quarter of 2026. Net interest income and margin benefited from a decrease in deposit costs as well as improved securities yields over the past year. Average interest-earning assets were $14.46 billion for the second quarter of 2026 compared to $13.34 billion for the same quarter a year ago and $14.54 billion for the first quarter of 2026. The Company recorded a provision for credit losses of $4.18 million for the second quarter of 2026 compared to a provision for credit losses of $3.13 million for the second quarter of 2025 and $2.29 million for the first quarter of 2026. At June 30, 2026, the allowance for credit losses totaled $112.43 million, or 1.35 percent of loans held-for-investment ("loans" hereafter), compared to $102.79 million, or 1.27 percent of loans, at June 30, 2025, and $107.92 million, or 1.30 percent of loans, at March 31, 2026. Additionally, the reserve for unfunded commitments totaled $6.21 million at June 30, 2026 compared to $9.91 million at June 30, 2025, and $5.94 million at March 31, 2026. For the second quarter of 2026, the Company recorded net recoveries of $600 thousand compared to net charge-offs of $720 thousand for the second quarter of 2025 and net charge-offs of $356 thousand for the first quarter of 2026. Nonperforming assets as a percentage of loans and foreclosed assets totaled 0.80 percent at June 30, 2026, compared to 0.79 percent at June 30, 2025 and 0.66 percent at March 31, 2026. Classified loans totaled $283.10 million at June 30, 2026, compared to $257.07 million at June 30, 2025 and $289.76 million at March 31, 2026. Noninterest income for the second quarter of 2026 was $35.84 million compared to $32.87 million for the second quarter of 2025 and $32.10 million for the linked quarter. Wealth Management fee income increased to $13.96 million for the second quarter of 2026 compared to $12.75 million for the second quarter of 2025 and $13.36 million for the linked quarter. The increase from prior year is driven by growth in assets under management with the increase over linked quarter related to improved mineral fee revenue due to recent higher oil prices. The market value of assets under management totaled $12.23 billion at June 30, 2026, compared to $11.46 billion at June 30, 2025 and $11.91 billion at March 31, 2026. Service charges on deposits increased to $6.26 million for the second quarter of 2026 compared with $6.13 million for the second quarter of 2025 and $6.08 million for the first quarter 2026, driven by increases in fees on deposit accounts for both periods and offset by a decrease in overdraft fees year over year. Mortgage income increased to $4.68 million for the second quarter of 2026 compared to $4.13 million for the second quarter of 2025 and $4.28 million for first quarter of 2026. Mortgage income continues to benefit from the restructuring of the secondary mortgage department, new mortgage lenders and centralization of mortgage operations this past year and an increase in the volume of mortgage loans originated. Other noninterest income increased to $5.02 million for the second quarter of 2026 compared to $3.74 million for the second quarter of 2025 and $2.54 million in the linked quarter. In the second quarter of 2026, non-interest income increased $1.17 million over the second quarter of 2025 and $1.68 million from the linked quarter reflecting the increase in the fair market value of the assets held in Company's supplemental executive retirement plan. The plan holds marketable securities, including shares of Company stock. Deferred compensation related to these changes in value is included in salaries and employee benefits expense. Also, during the second quarter of 2026, the Company received life insurance proceeds of approximately $200 thousand for the death of a former employee. Noninterest expense for the second quarter of 2026 totaled $81.11 million compared to $71.74 million for the second quarter of 2025 and $76.77 million in the linked quarter. Salary, commissions, and employee benefit costs increased to $49.66 million for the second quarter of 2026, compared to $42.58 million in the second quarter of 2025 and $45.98 million for the linked quarter. The increase for both periods is primarily resulting from annual merit-based and market-driven pay increases that were effective March 1st and profit sharing and incentive accruals, which are up due to year-over-year earnings growth. Mortgage incentives are also up for both periods due to higher loan volumes. Also, there was a change in deferred compensation expense of $1.17 million from the second quarter of the prior year and $1.68 million from the first quarter of 2026 due to the increase in the supplemental executive retirement plan deferred compensation liability as discussed above. Noninterest expenses, excluding salary related costs, increased $2.29 million for the second quarter of 2026 compared to the same period in 2025 and $660 thousand compared to the linked quarter, largely due to increases in software amortization and professional fees in both periods and offset by debit card expenses as compared to prior year. The Company's efficiency ratio was 45.94 percent for the second quarter of 2026 compared to 44.97 percent for the second quarter of 2025 and 44.98 percent for the first quarter of 2026. As of June 30, 2026, consolidated total assets were $15.31 billion compared to $14.38 billion at June 30, 2025 and $15.39 billion at March 31, 2026. Loans totaled $8.35 billion at June 30, 2026, compared with loans of $8.07 billion at June 30, 2025 and $8.29 billion at March 31, 2026. During the second quarter of 2026, loans grew $61.81 million, or 2.99 percent annualized, when compared to March 31, 2026 balances. Loans have grown $188.66 million, or 4.66 percent annualized, year-to-date. Deposits and Repurchase Agreements totaled $13.17 billion at June 30, 2026, compared to $12.50 billion at June 30, 2025 and $13.31 billion at March 31, 2026. Deposits and Repurchase Agreement balances are down $234.85 million year-to-date primarily due to reduced balances of municipal deposits from year end. Deposits, excluding public funds, increased $149.57 million year-to-date. Shareholders' equity was $2.00 billion as of June 30, 2026, compared to $1.74 billion and $1.94 billion at June 30, 2025 and March 31, 2026, respectively. The unrealized loss on the securities portfolio, net of applicable tax, totaled $279.67 million at June 30, 2026, compared to unrealized losses of $373.46 million at June 30, 2025 and $290.06 million at March 31, 2026, due to changes in market interest rates during the respective periods. About First Financial Bankshares, Inc. Headquartered in Abilene, Texas, First Financial Bankshares, Inc. is a financial holding company that through its subsidiary, First Financial Bank, operates multiple banking regions with 79 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Franklin, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Lumberton, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Wealth Management, with nine locations and First Technology Services, Inc., a technology operating company. The Company is listed on The Nasdaq Global Select Market under the trading symbol FFIN. For more information about First Financial, please visit our website at https://www.ffin.com. Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect," "plan," "anticipate," "target," "forecast," "project," and "goal." Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; economic impact of oil and gas prices, changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents and Filings" on the Company's Website or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise. 3.78 Efficiency ratio45.4745.65 View original content:https://www.prnewswire.com/news-releases/first-financial-bankshares-announces-second-quarter-2026-earnings-302827948.html

First Financial Bankshares (FFIN) came out with quarterly earnings of $0.5 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this commercial banker operating mostly in Texas would post earnings of $0.47 per share when it actually produced earnings of $0.5, delivering a surprise of +6.38%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. First Financial, which belongs to the Zacks Banks - Southwest industry, posted revenues of $176.56 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.17%. This compares to year-ago revenues of $159.53 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. First Financial shares have added about 17.9% since the beginning of the year versus the S&P 500's gain of 10.6%. While First Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for First Financial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.52 on $176.1 million in revenues for the coming quarter and $2.04 on $697.1 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Southwest is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, West Coast Community Bancorp (WCCB), has yet to report results for the quarter ended June 2026. This company is expected to post quarterly earnings of $1.26 per share in its upcoming report, which represents a year-over-year change of +2.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. West Coast Community Bancorp's revenues are expected to be $36.2 million, up 5.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Financial Bankshares, Inc. (FFIN) : Free Stock Analysis Report West Coast Community Bancorp (WCCB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

First Financial Bankshares trades at $34.88 and has moved in lockstep with the market. Its shares have returned 11.3% over the last six months while the S&P 500 has gained 7.7%. Is there a buying opportunity in First Financial Bankshares, or does it present a risk to your portfolio? Get the full breakdown from our expert analysts, it’s free. We’re sitting this one out for now. Here are three reasons you should be careful with FFIN, plus one stock we’d rather own. In general, banks make money from two primary sources. The first is net interest income, which is interest earned on loans, mortgages, and investments in securities minus interest paid out on deposits. The second source is non-interest income, which can come from bank account, credit card, wealth management, investment banking, and trading fees. Over the last five years, First Financial Bankshares grew its revenue at a sluggish 5.3% compounded annual growth rate. This fell short of our benchmark for the banking sector. Net interest income commands greater market attention due to its reliability and consistency, whereas one-time fees are often seen as lower-quality revenue that lacks the same dependable characteristics. First Financial Bankshares’s net interest income has grown at a 7.4% annualized rate over the last five years, worse than the broader banking industry. We track the long-term change in earnings per share (EPS) because it highlights whether a company’s growth is profitable. First Financial Bankshares’s weak 4.7% annual EPS growth over the last five years aligns with its revenue performance. This tells us it maintained its per-share profitability as it expanded. First Financial Bankshares’s business quality ultimately falls short of our standards. That said, the stock currently trades at 2.4× forward P/B (or $34.88 per share). This valuation tells us it’s a bit of a market darling with a lot of good news priced in - we think there are better stocks to buy right now. Let us point you toward the Amazon and PayPal of Latin America. ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI is taking down whole sectors with no warning. In a rotation this fast, you need more than a list of good companies. Our AI system flagged Palantir before it ran 1,662%. AppLovin before it ran 753%. Nvidia before it ran 1,178%. Each week it produces 6 new names that pass the same tests. Get Our Top 6 Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.

First Financial Bankshares has had an impressive run over the past six months as its shares have beaten the S&P 500 by 7%. The stock now trades at $34.93, marking a 13.2% gain. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move. Is there a buying opportunity in First Financial Bankshares, or does it present a risk to your portfolio? Get the full stock story straight from our expert analysts, it’s free. Despite the momentum, we don’t have much confidence in First Financial Bankshares. Here are three reasons we avoid FFIN, plus one stock we’d rather own. From lending activities to service fees, most banks build their revenue model around two income sources. Interest rate spreads between loans and deposits create the first stream, with the second coming from charges on everything from basic bank accounts to complex investment banking transactions. Over the last five years, First Financial Bankshares grew its revenue at a sluggish 5.3% compounded annual growth rate. This was below our standard for the banking sector. Net interest income commands greater market attention due to its reliability and consistency, whereas one-time fees are often seen as lower-quality revenue that lacks the same dependable characteristics. First Financial Bankshares’s net interest income has grown at a 7.4% annualized rate over the last five years, worse than the broader banking industry. We track the long-term change in earnings per share (EPS) because it highlights whether a company’s growth is profitable. First Financial Bankshares’s weak 4.7% annual EPS growth over the last five years aligns with its revenue performance. This tells us it maintained its per-share profitability as it expanded. First Financial Bankshares isn’t a terrible business, but it isn’t one of our picks. With its shares topping the market in recent months, the stock trades at 2.3× forward P/B (or $34.93 per share). This valuation tells us a lot of optimism is priced in - we think there are better opportunities elsewhere. We’d suggest looking at one of our all-time favorite software stocks. ONE MORE THING: Top 5 Growth Stocks. The biggest stock winners almost always had one thing in common before they ran. Revenue growing like crazy. Meta. CrowdStrike. Broadcom. Our AI flagged all three. They returned 315%, 314%, and 455%, respectively. Find out which 5 stocks it’s flagging this month — FREE. Get Our Top 5 Growth Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.

First Financial reported record 2025 net income of $253.6 million (diluted EPS $1.77), driven mainly by higher net interest income, with total assets rising to $15.45 billion and deposits increasing to $13.4 billion (up 11.2%). The board approved a 16% dividend increase to $0.22 per quarter, payable July 1, 2026 to shareholders of record on June 12, 2026. Shareholders overwhelmingly ratified the board slate, Ernst & Young as auditor, and the say-on-pay proposal (votes above 92%), while the trust business rebranded as First Financial Wealth Management after reporting market AUM of $11.94 billion. Interested in First Financial Bankshares, Inc.? Here are five stocks we like better. First Financial Bankshares (NASDAQ:FFIN) highlighted record 2025 earnings, deposit-driven balance sheet growth, and a higher quarterly dividend during its 2026 annual meeting of shareholders, where investors also approved director elections, the auditor appointment, and the company’s executive compensation advisory proposal. Executive Chairman F. Scott Dueser opened the meeting by emphasizing the importance of shareholder participation and noting it was the company’s 53rd annual meeting since becoming a bank holding company in 1973. David Copeland, president of SIPCO and the Shelton Family Foundation, reported that 89% of the company’s 143 million outstanding shares were represented by proxy or in person, establishing a quorum. → Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sales Tank Copeland later provided vote results on the three proposals presented: Director elections: All nominees received “in excess of 94%” of votes cast. Auditor ratification: “In excess of 98%” of votes cast ratified Ernst & Young LLP as independent auditor for the fiscal year ending Dec. 31, 2026. Say-on-pay: “In excess of 92%” of votes cast approved the compensation of named executive officers. Dueser said the company’s leadership transition was “going extremely well,” and reiterated his commitment to remain executive chairman for two more years while working closely with President and CEO David Bailey and the management team. → Meta Platforms Earnings Preview: What to Watch in Q1 2026 Report Michelle Hickox, executive vice president and chief financial officer of First Financial Bankshares, described 2025 as “a strong year,” citing record annual net income and “robust organic balance sheet growth” driven by deposits. Hickox reported net income of $253.6 million in 2025, up from $223.5 million in 2024, a $30.1 million increase (13.5%). Diluted earnings per share were $1.77 in 2025 compared with $1.56 in 2024. Net interest income totaled $500.89 million in 2025 versus $426.74 million in 2024, which Hickox said was the primary driver of earnings growth. → Palantir Is Down 30%: Noise? Or a Signal to Accumulate? Profitability and efficiency metrics improved as well. Return on average assets rose to 1.76% in 2025 from 1.68% in 2024, and the efficiency ratio improved to 45.5% from 47.2%. Hickox said capital ratios remained well above regulatory “well-capitalized” levels, supporting resilience and flexibility. On the balance sheet, total assets increased to $15.45 billion at Dec. 31, 2025 from $13.98 billion a year earlier. Deposits and repurchase agreements totaled $13.4 billion, up from $12.1 billion, an increase of $1.4 billion (11.2%). Loans grew to $8.2 billion from $7.9 billion, or $266.9 million (3.4%), with Hickox noting loan growth was slowed by a high level of payoffs. Hickox also said the company experienced “an unusual large charge-off during 2025 due to a fraud by a borrower,” adding that the bank maintained strong credit standards and evaluated policies and procedures to help ensure it was an isolated event. Non-performing assets as a percentage of loans and foreclosed assets were 0.69% at year-end 2025, down from 0.8% at year-end 2024. Hickox also summarized first-quarter 2026 results, which the company had released earlier in the month. Net earnings were $71.5 million, with diluted EPS of $0.50, compared with $61.3 million and $0.43 in the first quarter of 2025, a 16.6% increase year over year. Net interest income was $134.8 million versus $118.8 million in the prior-year quarter, and net interest margin increased to 3.86% from 3.74%. Trust revenue increased to $13.4 million, up $798,000 from the prior year. Total assets ended the quarter at $15.4 billion, down slightly from year-end, while deposits were $13.2 billion as of March 31, reflecting core deposit expansion offset by a seasonal decline in some public fund accounts. Loans totaled $8.3 billion, up $126 million, or 6.3%, since year-end. Lon Biebighauser, president of First Financial Trust and Asset Management Company, said the trust business “enjoyed another successful year” in 2025 with growth in assets under management and earnings. He reported total assets increased $673 million to $8.8 billion in book value (up 8.3%), while market value of assets under management rose $1.1 billion to $11.94 billion (up 10.2%). Trust revenue increased $4.4 million (9.3%) to $51.8 million. Biebighauser said earnings grew despite a decline in oil and gas revenue, which totaled $7.5 million in 2025 and represented approximately 14.5% of total revenue. After-tax income contribution to the parent increased to $28.3 million from $25.7 million. Biebighauser also announced the trust company will begin doing business as First Financial Wealth Management, saying the new name better reflects the breadth of services offered. “While we may be doing business under a new name, our company remains the same,” he said. Bailey said the company’s succession planning was progressing smoothly, and noted leadership continuity, naming prior CEOs and describing his role as the fourth CEO. Bailey also highlighted a range of promotions and hires across community lending and outreach, treasury, mortgage, human resources, customer care, technology, and regional banking leadership. On community engagement, Bailey said the company held its 10th annual Day of Service, with more than 1,000 employees joined by staff from other banks in a “first-ever joint initiative” with the Texas Bankers Association. He also discussed facility investments, including construction of a new full-service location in Beaumont near the medical center, a new drive-through facility in downtown Abilene, and plans to begin construction on a new full-service location in Franklin in the Bryan-College Station market. Bailey said the board approved a dividend increase, stating the company will raise its cash dividend by $0.03 to $0.22 per quarter, a 16% increase. The dividend will be paid to shareholders of record as of June 12, 2026, with a payment date of July 1, 2026. First Financial Bankshares, Inc is a regional bank holding company headquartered in Cincinnati, Ohio. Through its primary subsidiary, First Financial Bank, the company offers a full suite of banking products and services to individual, small business and commercial clients. With roots dating back to 1863, First Financial has cultivated a strong community banking heritage, combining personalized service with modern financial solutions. The company's core business activities include commercial and consumer lending, deposit products, treasury management, mortgage origination and servicing, and wealth management. The article "First Financial Bankshares touts record 2025 earnings, boosts dividend at annual meeting" was originally published by MarketBeat.

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. First Financial Bankshares (FFIN) is back on investors’ radar after reporting first quarter 2026 results, with higher net interest income and net income alongside modestly higher net charge offs. See our latest analysis for First Financial Bankshares. The latest earnings announcement appears to have shifted sentiment, with a 1-day share price return of 4.88% and a 1-month share price return of 12.16%. However, the 1-year total shareholder return is 1.68% and the 5-year total shareholder return reflects a 25.57% decline, suggesting momentum has picked up recently despite a weaker longer track record. If the recent move in bank stocks has you thinking more broadly about your portfolio, it could be a good moment to scan for 19 top founder-led companies With earnings per share at US$0.50, an intrinsic value estimate that sits below the current US$32.47 share price, and a mixed long term return record, investors may ask whether there is still a buying opportunity here or whether the market is already pricing in future growth. On a P/E of 17.5x, First Financial Bankshares trades at a premium to both its own fair value estimate and to typical bank peers, even after the recent share price move. The P/E ratio compares the current share price to earnings per share, so a higher P/E often reflects investors paying more for each dollar of current earnings. For a bank like FFIN, that can reflect views on earnings quality, growth prospects, or income stability. There are some supportive elements here, including high quality earnings, earnings growth of 1.4% per year over the past 5 years with a 14% increase in the most recent year, and a net profit margin of 42.4% that is slightly higher than last year. Forecasts also point to earnings growth of about 8.31% per year and revenue growth of 9.5% per year, although both are expected to be slower than the broader US market, where earnings are forecast to grow 16% per year and revenue 10.9% per year. Compared with the US Banks industry average P/E of 11.9x and a fair P/E estimate of 12.8x, FFIN’s 17.5x stands out as materially higher. This suggests the current market price embeds stronger expectations than both peers and the SWS fair ratio model imply. Explore the SWS fair ratio for First Financial Bankshares Result: Price-to-Earnings of 17.5x (OVERVALUED) However, risks remain, including the 25.57% 5-year total return decline and a 17.5x P/E that could limit upside if earnings or sentiment soften. Find out about the key risks to this First Financial Bankshares narrative. While the 17.5x P/E suggests FFIN is expensive relative to banks at 11.9x and a fair ratio of 12.8x, the SWS DCF model paints a different picture. With an intrinsic value estimate of $46.18 versus the current $32.47 price, the DCF output indicates the shares are trading at a discount. This split view, rich on earnings but cheaper on future cash flows, raises the question of which risk matters more: paying up for current profits, or assuming that cash flows will eventually close the gap. Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out First Financial Bankshares for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 60 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. With such a mixed picture on value and sentiment, it makes sense to review the numbers yourself and decide how compelling the story really is. To see what is currently drawing investor interest, take a closer look at the 4 key rewards If this analysis has sparked new questions, do not stop here; use the tools available to quickly surface other opportunities that might suit your goals even better. Target potential bargains by scanning 60 high quality undervalued stocks that combine solid fundamentals with prices that may sit below their underlying business strength. Prioritise resilience by reviewing 71 resilient stocks with low risk scores that score well on balance sheet strength and business risk profiles. Spot fresh opportunities early by checking the screener containing 23 high quality undiscovered gems before they appear on everyone else's radar. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include FFIN. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

ABILENE, Texas, April 16, 2026 /PRNewswire/ -- First Financial Bankshares, Inc. (the "Company," "we," "us" or "our") (NASDAQ: FFIN) today reported earnings for the first quarter of 2026 of $71.54 million compared to earnings of $73.31 million for the fourth quarter of 2025 and $61.35 million for the same quarter a year ago. Basic and diluted earnings per share were $0.50 for the quarter ended March 31, 2026 compared to $0.51 for the quarter ended December 31, 2025 and $0.43 for the quarter ended March 31, 2025. "We are pleased to start 2026 with a strong increase in net income of 16.6 percent year over year, primarily due to our core balance sheet growth and decreased funding costs over the past year," said David Bailey, President and CEO. "While the current macro environment is uncertain with the ongoing Iran conflict, our Company remains financially strong, sound and secure as reflected in our strong capital levels, diversified core deposit base, and sound lending practices. We appreciate our associates who work hard every day to build new customer relationships while providing exceptional service," added Mr. Bailey. Net interest income for the first quarter of 2026 was $134.79 million compared to $131.37 million for the fourth quarter of 2025 and $118.79 million for the first quarter of 2025. The net interest margin, on a tax-equivalent basis, was 3.86 percent for the first quarter of 2026 compared to 3.81 percent for the fourth quarter of 2025 and 3.74 percent for the first quarter of 2025. Net interest income was affected by a $1.26 million reversal of interest expense, improving the core margin by about 3 basis points. Average interest-earning assets were $14.54 billion for the first quarter of 2026 compared to $14.08 billion for the fourth quarter of 2025 and $13.16 billion for the same quarter a year ago. The Company recorded a provision for credit losses of $2.29 million for the first quarter of 2026 compared to a provision reversal of $2.49 million for the fourth quarter of 2025 and a provision for credit losses of $3.53 million for the first quarter of 2025. At March 31, 2026, the allowance for credit losses totaled $107.92 million, or 1.30 percent of loans held-for-investment ("loans" hereafter), compared to $105.54 million, or 1.29 percent of loans, at December 31, 2025 and $101.08 million, or 1.27 percent of loans, at March 31, 2025. Net charge-offs totaled $356 thousand for the first quarter of 2026 compared to net charge-offs of $391 thousand for the fourth quarter of 2025 and $236 thousand for the first quarter of 2025. Nonperforming assets as a percentage of loans and foreclosed assets decreased to 0.66 percent at March 31, 2026, compared with 0.69 percent at December 31, 2025 and 0.78 percent at March 31, 2025. Noninterest income for the first quarter of 2026 was $32.10 million compared to $30.23 million for the first quarter of 2025. Trust fees increased to $13.36 million for the first quarter of 2026 compared to $12.65 million for the first quarter of 2025, driven by the increase in market value of trust assets managed to $11.91 billion at March 31, 2026, compared to $10.86 billion at March 31, 2025. Service charges on deposits decreased to $6.08 million for the first quarter of 2026 compared with $6.18 million for the first quarter of 2025, driven by a decrease in overdraft fees. Mortgage income increased to $4.28 million for the first quarter of 2026 compared to $2.83 million for the first quarter of 2025, due to increased volume in mortgage loans originated and better margins. Noninterest expense for the first quarter of 2026 totaled $76.77 million compared to $70.34 million for the first quarter of 2025. Salary, commissions, and employee benefit costs increased to $45.98 million for the first quarter of 2026, compared to $42.14 million in the first quarter of 2025, primarily resulting from additions to staff and merit-based and market driven pay increases to officers and employees over the past year. Noninterest expenses, excluding salary related costs, increased $2.59 million for the first quarter of 2026 compared to the same period in 2025, largely due to increases in software amortization, professional fees and operational and other losses. The Company's efficiency ratio was 44.98 percent for the first quarter of 2026 compared to 46.36 percent for the first quarter of 2025. As of March 31, 2026, consolidated total assets were $15.39 billion compared to $15.45 billion at December 31, 2025, and $14.31 billion at March 31, 2025. Loans totaled $8.29 billion at March 31, 2026, compared with $8.16 billion at December 31, 2025 and $7.95 billion at March 31, 2025. Loans grew $126.84 million or 6.31 percent annualized from 2025 year end balances. Deposits and Repurchase Agreements totaled $13.31 billion at March 31, 2026 compared to $13.41 billion at December 31, 2025 and $12.52 billion at March 31, 2025. Core deposits grew during the quarter but were offset by declines in public fund balances. Shareholders' equity was $1.94 billion as of March 31, 2026, compared to $1.92 billion and $1.68 billion at December 31, 2025 and March 31, 2025, respectively. The unrealized loss on the securities portfolio, net of applicable tax, totaled $290.06 million at March 31, 2026, compared to an unrealized loss of $269.94 million and $388.89 million at December 31, 2025 and March 31, 2025, respectively, due to the changes in market interest rates during the respective periods. About First Financial Bankshares, Inc. Headquartered in Abilene, Texas, First Financial Bankshares, Inc. is a financial holding company that through its subsidiary, First Financial Bank, operates multiple banking regions with 79 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Franklin, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Lumberton, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, with nine locations and First Technology Services, Inc., a technology operating company. The Company is listed on The Nasdaq Global Select Market under the trading symbol FFIN. For more information about First Financial, please visit our website at https://www.ffin.com. Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect," "plan," "anticipate," "target," "forecast," "project," and "goal." Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; economic impact of oil and gas prices, changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents and Filings" on the Company's Website or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise. View original content:https://www.prnewswire.com/news-releases/first-financial-bankshares-announces-first-quarter-2026-earnings-302745203.html