About First Financial Bankshares (NASDAQ:FFIN)
First Financial Bankshares, Inc. is a financial holding company. The Company, through its subsidiaries, conducts commercial banking business. As of December 31, 2016, the Company's subsidiaries included First Financial Bank, National Association, Abilene, Texas; First Technology Services, Inc., Abilene, Texas; First Financial Trust & Asset Management Company, National Association, Abilene, Texas; First Financial Investments, Inc., Abilene, Texas, and First Financial Insurance Agency, Inc., Abilene, Texas. Its banking centers are located in Central, North Central, Southeast and West Texas. Its loan portfolio consists of loans made to businesses, professionals, individuals, and farm and ranch operations located in the primary trade areas served by its subsidiary bank. Its securities available-for-sale include the United States Treasury securities, Obligations of the United States Government sponsored enterprises and agencies and Obligations of states and political subdivisions.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:FFIN
- CUSIP: 32020R10
- Web: www.ffin.com
- Market Cap: $2.99 billion
- Outstanding Shares: 65,669,000
- 50 Day Moving Avg: $43.24
- 200 Day Moving Avg: $41.57
- 52 Week Range: $35.05 - $47.90
Sales & Book Value:
- Trailing P/E Ratio: 28.11
- Foreward P/E Ratio: 24.52
- P/E Growth: 2.72
- Annual Revenue: $308.2 million
- Price / Sales: 9.72
- Book Value: $13.51 per share
- Price / Book: 3.38
- Annual Dividend: $0.76
- Dividend Yield: 1.7%
- Net Margins: 33.51%
- Return on Equity: 12.87%
- Return on Assets: 1.61%
- Current Ratio: 0.60%
- Quick Ratio: 0.60%
- Average Volume: 166,663 shs.
- Beta: 1.38
- Short Ratio: 40.03
Frequently Asked Questions for First Financial Bankshares (NASDAQ:FFIN)
What is First Financial Bankshares' stock symbol?
First Financial Bankshares trades on the NASDAQ under the ticker symbol "FFIN."
How often does First Financial Bankshares pay dividends? What is the dividend yield for First Financial Bankshares?
First Financial Bankshares declared a quarterly dividend on Monday, July 31st. Investors of record on Friday, September 15th will be given a dividend of $0.19 per share on Monday, October 2nd. This represents a $0.76 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Thursday, September 14th. View First Financial Bankshares' Dividend History.
When did First Financial Bankshares' stock split? How did First Financial Bankshares' stock split work?
First Financial Bankshares shares split on Tuesday, June 3rd 2014. The 2-1 split was announced on Tuesday, April 22nd 2014. The newly created shares were payable to shareholders after the market closes on Monday, June 2nd 2014. An investor that had 100 shares of First Financial Bankshares stock prior to the split would have 200 shares after the split.
How will First Financial Bankshares' stock buyback program work?
First Financial Bankshares declared that its Board of Directors has authorized a stock buyback plan on Wednesday, July 26th 2017, which permits the company to repurchase 2,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.
How were First Financial Bankshares' earnings last quarter?
First Financial Bankshares, Inc. (NASDAQ:FFIN) posted its quarterly earnings data on Thursday, October, 19th. The company reported $0.44 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.44. The business had revenue of $83.95 million for the quarter, compared to the consensus estimate of $89.87 million. First Financial Bankshares had a net margin of 33.51% and a return on equity of 12.87%. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. View First Financial Bankshares' Earnings History.
Where is First Financial Bankshares' stock going? Where will First Financial Bankshares' stock price be in 2017?
4 brokerages have issued 1-year target prices for First Financial Bankshares' stock. Their predictions range from $39.00 to $43.00. On average, they expect First Financial Bankshares' share price to reach $41.25 in the next twelve months. View Analyst Ratings for First Financial Bankshares.
Who are some of First Financial Bankshares' key competitors?
Some companies that are related to First Financial Bankshares include BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), Prosperity Bancshares (PB), F.N.B. Corporation (FNB), Texas Capital Bancshares (TCBI), Hancock Holding Company (HBHC), First Hawaiian (FHB), IBERIABANK Corporation (IBKC), MB Financial (MBFI), Associated Banc Corp (ASB), Chemical Financial Corporation (CHFC), UMB Financial Corporation (UMBF), Bank of Hawaii Corporation (BOH), Sterling Bancorp (STL), Home BancShares (HOMB), Fulton Financial Corporation (FULT) and Columbia Banking System (COLB).
Who are First Financial Bankshares' key executives?
First Financial Bankshares' management team includes the folowing people:
- F. Scott Dueser, Non-Independent Chairman of the Board, President, Chief Executive Officer
- J. Bruce Hildebrand CPA, Chief Financial Officer, Executive Vice President
- Kirk W. Thaxton, Chairman, President and Chief Executive Officer, First Financial Trust & Asset Management Company
- Ronald D. Butler II, Executive Vice President, Chief Administrative Officer
- Gary S. Gragg, Executive Vice President
- Tucker S. Bridwell, Lead Independent Director
- April Anthony, Independent Director
- Steven L. Beal, Independent Director
- David L. Copeland, Independent Director
- Murray Hamilton Edwards, Independent Director
Who owns First Financial Bankshares stock?
First Financial Bankshares' stock is owned by many different of institutional and retail investors. Top institutional investors include Nationwide Fund Advisors (0.05%). Company insiders that own First Financial Bankshares stock include David L Copeland, F Scott Dueser, Ivan Tim Lancaster, Johnny Trotter, Kade Matthews, Murray Hamilton Edwards, Randall Allen Roewe, Ronald N Giddiens and Ross Henry Smith Jr. View Institutional Ownership Trends for First Financial Bankshares.
Who sold First Financial Bankshares stock? Who is selling First Financial Bankshares stock?
First Financial Bankshares' stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors. Company insiders that have sold First Financial Bankshares stock in the last year include David L Copeland, Kade Matthews and Ronald N Giddiens. View Insider Buying and Selling for First Financial Bankshares.
How do I buy First Financial Bankshares stock?
Shares of First Financial Bankshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Financial Bankshares' stock price today?
MarketBeat Community Rating for First Financial Bankshares (NASDAQ FFIN)MarketBeat's community ratings are surveys of what our community members think about First Financial Bankshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of First Financial Bankshares stock can currently be purchased for approximately $45.60.
Consensus Ratings for First Financial Bankshares (NASDAQ:FFIN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$41.25 (9.54% downside)|Consensus Price Target History for First Financial Bankshares (NASDAQ:FFIN)
Analysts' Ratings History for First Financial Bankshares (NASDAQ:FFIN)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$42.00||N/A|
|9/1/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$41.00||Low|
|8/2/2017||Stephens||Set Price Target||Hold||$39.00||Low|
|3/22/2017||Hovde Group||Upgrade||Underperform -> Market Perform||$43.00||High|
|1/29/2016||Sandler O'Neill||Downgrade||Hold -> Sell||N/A|
Earnings History for First Financial Bankshares (NASDAQ:FFIN)Earnings History by Quarter for First Financial Bankshares (NASDAQ FFIN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/19/2017||Q3 2017||$0.44||$0.44||$89.87 million||$83.95 million||View||N/A|
|7/20/2017||Q2 2017||$0.42||$0.43||$87.11 million||$82.25 million||View||N/A|
|4/20/2017||Q1 2017||$0.39||$0.40||$83.55 million||$78.30 million||View||N/A|
|1/26/2017||Q4 2016||$0.40||$0.40||$85.09 million||$78.26 million||View||N/A|
|10/20/2016||Q3||$0.40||$0.39||$85.30 million||$78.88 million||View||N/A|
|7/21/2016||Q2||$0.39||$0.41||$84.60 million||$77.99 million||View||N/A|
|4/21/2016||Q1||$0.39||$0.39||$83.50 million||$76.84 million||View||N/A|
|1/28/2016||Q4||$0.41||$0.38||$84.00 million||$77.28 million||View||N/A|
|10/22/2015||Q3||$0.40||$0.40||$84.30 million||$76.54 million||View||N/A|
|7/16/2015||Q2||$0.37||$0.39||$75.30 million||$70.15 million||View||N/A|
|4/16/2015||Q1||$0.36||$0.37||$69.92 million||$67.00 million||View||N/A|
|1/22/2015||Q4 2014||$0.36||$0.35||$70.16 million||$67.11 million||View||N/A|
|10/16/2014||Q3||$0.36||$0.36||$69.50 million||$66.21 million||View||N/A|
|7/17/2014||Q2 2014||$0.35||$0.33||$67.68 million||$64.09 million||View||N/A|
|4/17/2014||Q1 2014||$0.66||$0.70||$65.98 million||$63.58 million||View||N/A|
|7/18/2013||Q2 2013||$0.61||$0.62||$59.00 million||View||N/A|
|4/18/2013||Q1 2013||$0.57||$0.59||$55.93 million||View||N/A|
|1/24/2013||Q4 2012||$0.60||$0.58||$56.60 million||View||N/A|
Earnings Estimates for First Financial Bankshares (NASDAQ:FFIN)
2017 EPS Consensus Estimate: $1.67
2018 EPS Consensus Estimate: $1.83
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for First Financial Bankshares (NASDAQ:FFIN)
|Most Recent Dividend:||10/2/2017|
|Payout Ratio:||45.51% (Trailing 12 Months of Earnings) |
44.44% (Based on This Year's Estimates)
40.86% (Based on Next Year's Estimates)
Dividend History by Quarter for First Financial Bankshares (NASDAQ FFIN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for First Financial Bankshares (NASDAQ:FFIN)
Insider Ownership Percentage: 5.04%Insider Trades by Quarter for First Financial Bankshares (NASDAQ:FFIN)
Institutional Ownership Percentage: 50.12%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/14/2017||F Scott Dueser||Chairman||Buy||475||$41.43||$19,679.25|| |
|6/9/2017||Ronald N Giddiens||Director||Sell||1,000||$41.00||$41,000.00|| |
|6/1/2017||Johnny Trotter||Director||Buy||1,000||$38.55||$38,550.00|| |
|5/31/2017||David L Copeland||Director||Sell||684||$38.00||$25,992.00|| |
|5/23/2017||Murray Hamilton Edwards||Director||Buy||380||$38.50||$14,630.00|| |
|5/12/2017||Johnny Trotter||Director||Buy||350||$39.51||$13,828.50|| |
|4/28/2017||Johnny Trotter||Director||Buy||1,500||$40.36||$60,540.00|| |
|3/7/2017||Johnny Trotter||Director||Buy||1,500||$43.54||$65,310.00|| |
|3/6/2017||Kade Matthews||Director||Sell||8,915||$44.05||$392,705.75|| |
|3/3/2017||Johnny Trotter||Director||Buy||2,000||$43.84||$87,680.00|| |
|3/2/2017||Kade Matthews||Director||Sell||43,133||$44.69||$1,927,613.77|| |
|2/8/2017||Murray Hamilton Edwards||Director||Buy||2,000||$41.40||$82,800.00|| |
|2/2/2017||Johnny Trotter||Director||Buy||2,000||$41.74||$83,480.00|| |
|1/31/2017||Murray Hamilton Edwards||Director||Buy||490||$42.20||$20,678.00|| |
|4/29/2016||Ross Henry Smith Jr||Director||Buy||1,000||$32.45||$32,450.00|| |
|3/14/2016||Randall Allen Roewe||Insider||Buy||200||$28.59||$5,718.00|| |
|2/19/2016||Murray Hamilton Edwards||Director||Buy||475||$27.10||$12,872.50|| |
|2/18/2016||Ivan Tim Lancaster||Director||Buy||1,000||$27.03||$27,030.00|| |
|2/10/2016||Murray Hamilton Edwards||Director||Buy||2,000||$26.20||$52,400.00|| |
|11/24/2015||Murray Hamilton Edwards||Director||Buy||2,200||$35.15||$77,330.00|| |
|8/25/2015||Johnny Trotter||Director||Buy||2,700||$29.90||$80,730.00|| |
|8/24/2015||Murray Hamilton Edwards||Director||Buy||2,000||$30.13||$60,260.00|| |
|6/11/2015||Gary L Webb||EVP||Sell||10,999||$33.35||$366,816.65|| |
|5/6/2015||Johnny Trotter||Director||Buy||1,000||$29.41||$29,410.00|| |
|5/5/2015||Murray Hamilton Edwards||Director||Buy||5,084||$29.50||$149,978.00|| |
|5/1/2015||Tucker S Bridwell||Director||Buy||4,000||$28.99||$115,960.00|| |
|12/10/2014||Murray Hamilton Edwards||Director||Buy||2,500||$30.00||$75,000.00|| |
|9/15/2014||Johnny Trotter||Director||Buy||9,000||$29.53||$265,770.00|| |
|6/11/2014||David L Copeland||Director||Sell||19,000||$31.86||$605,340.00|| |
|6/9/2014||David L Copeland||Director||Sell||30,000||$31.51||$945,300.00|| |
|6/5/2014||David L Copeland||Director||Sell||25,100||$30.62||$768,562.00|| |
|6/4/2014||David L Copeland||Director||Sell||34,900||$30.47||$1,063,403.00|| |
|3/14/2014||Johnny Trotter||Director||Buy||7,100||$60.11||$426,781.00|| |
|3/12/2014||David Copeland||Director||Sell||2,000||$61.09||$122,180.00|| |
|3/5/2014||David Copeland||Director||Sell||7,500||$62.13||$465,975.00|| |
|3/4/2014||David Copeland||Director||Sell||30,000||$61.77||$1,853,100.00|| |
|3/3/2014||Johnny Trotter||Director||Buy||2,000||$59.62||$119,240.00|| |
|2/28/2014||David Copeland||Director||Sell||15,000||$60.42||$906,300.00|| |
|2/4/2014||Johnny Trotter||Director||Buy||1,000||$59.72||$59,720.00|| |
|2/3/2014||Murray Hamilton Edwards||Director||Buy||1,000||$59.80||$59,800.00|| |
|1/31/2014||Johnny Trotter||Director||Buy||1,000||$61.78||$61,780.00|| |
|9/13/2013||Murray Hamilton Edwards||Director||Buy||1,000||$56.95||$56,950.00|| |
|8/30/2013||Murray Hamilton Edwards||Director||Buy||1,000||$57.50||$57,500.00|| |
|7/31/2013||Joseph E Canon||Director||Sell||5,000||$62.54||$312,700.00|| |
|7/25/2013||Kade Matthews||Director||Sell||50,404||$62.80||$3,165,371.20|| |
|7/23/2013||Joseph E Canon||Director||Sell||5,000||$62.68||$313,400.00|| |
|4/24/2013||Ronald N Giddiens||Director||Buy||1,218||$49.06||$59,755.08|| |
|2/25/2013||F Scott Dueser||CEO||Buy||6,024||$43.82||$263,971.68|| |
|11/16/2012||F Scott Dueser||CEO||Buy||132,977||$35.32||$4,696,747.64|| |
Headline Trends for First Financial Bankshares (NASDAQ:FFIN)
Latest Headlines for First Financial Bankshares (NASDAQ:FFIN)
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First Financial Bankshares (FFIN) Chart for Tuesday, October, 24, 2017