See more : Mackinac Financial Corporation (MFNC) Income Statement Analysis – Financial Results
Complete financial analysis of First Financial Bankshares, Inc. (FFIN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of First Financial Bankshares, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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First Financial Bankshares, Inc. (FFIN)
About First Financial Bankshares, Inc.
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 478.05M | 520.85M | 500.57M | 478.59M | 387.66M | 365.24M | 320.25M | 303.77M | 283.66M | 253.23M | 227.76M | 211.89M | 203.44M | 185.65M | 177.77M | 173.35M | 159.08M | 150.53M | 139.37M | 122.72M | 112.26M | 110.03M | 99.22M | 95.07M | 91.20M | 88.00M | 75.00M | 66.20M | 57.20M | 51.80M | 46.20M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 478.05M | 520.85M | 500.57M | 478.59M | 387.66M | 365.24M | 320.25M | 303.77M | 283.66M | 253.23M | 227.76M | 211.89M | 203.44M | 185.65M | 177.77M | 173.35M | 159.08M | 150.53M | 139.37M | 122.72M | 112.26M | 110.03M | 99.22M | 95.07M | 91.20M | 88.00M | 75.00M | 66.20M | 57.20M | 51.80M | 46.20M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 142.21M | 137.84M | 147.08M | 136.88M | 116.10M | 109.07M | 97.50M | 93.69M | 84.15M | 76.09M | 69.81M | 64.05M | 60.96M | 62.49M | 56.01M | 52.34M | 46.94M | 44.18M | 40.32M | 35.53M | 33.35M | 31.99M | 28.69M | 27.08M | 26.90M | 26.70M | 22.40M | 19.90M | 16.70M | 16.40M | 14.20M |
| Selling & Marketing | 6.03M | 6.39M | 6.37M | 4.60M | 6.81M | 6.66M | 6.33M | 6.28M | 5.88M | 5.95M | 2.77M | 3.98M | 3.82M | 1.58M | 2.57M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 144.99M | 144.23M | 153.45M | 141.48M | 122.91M | 115.73M | 103.84M | 99.97M | 90.04M | 82.04M | 72.59M | 68.03M | 64.78M | 62.49M | 58.57M | 52.34M | 46.94M | 44.18M | 40.32M | 35.53M | 33.35M | 31.99M | 28.69M | 27.08M | 26.90M | 26.70M | 22.40M | 19.90M | 16.70M | 16.40M | 14.20M |
| Other Expenses | 0.00 | -351.21M | -382.05M | -377.70M | -312.54M | -274.89M | -258.61M | -251.53M | -227.20M | -203.50M | -191.69M | -167.68M | -161.06M | -154.88M | -139.82M | -116.63M | -77.54M | -80.75M | -88.53M | -87.21M | -78.55M | -69.06M | -40.89M | -32.34M | -37.60M | -34.00M | -27.70M | -24.80M | -21.40M | -27.40M | -23.40M |
| Operating Expenses | 243.30M | -206.98M | -228.60M | -236.22M | -189.63M | -159.16M | -154.77M | -151.56M | -137.17M | -121.47M | -119.10M | -99.65M | -96.28M | -92.39M | -81.25M | -64.29M | -30.60M | -36.57M | -48.21M | -51.68M | -45.20M | -37.07M | -12.20M | -5.26M | -10.70M | -7.30M | -5.30M | -4.90M | -4.70M | -11.00M | -9.20M |
| Cost & Expenses | 243.30M | -206.98M | -228.60M | -236.22M | -189.63M | -159.16M | -154.77M | -151.56M | -137.17M | -121.47M | -119.10M | -99.65M | -96.28M | -92.39M | -81.25M | -64.29M | -30.60M | -36.57M | -48.21M | -51.68M | -45.20M | -37.07M | -12.20M | -5.26M | -10.70M | -7.30M | -5.30M | -4.90M | -4.70M | -11.00M | -9.20M |
| Interest Income | 530.13M | 435.69M | 380.44M | 364.98M | 321.28M | 292.63M | 247.10M | 234.40M | 221.62M | 198.54M | 176.84M | 159.80M | 160.02M | 149.70M | 146.45M | 159.15M | 169.37M | 154.49M | 123.94M | 99.97M | 95.28M | 104.86M | 116.47M | 117.95M | 110.00M | 111.90M | 95.90M | 84.20M | 70.60M | 61.50M | 54.40M |
| Interest Expense | 144.26M | 31.44M | 6.04M | 14.24M | 30.10M | 18.93M | 9.29M | 5.45M | 4.09M | 4.18M | 4.09M | 5.11M | 8.02M | 13.53M | 17.27M | 35.26M | 58.56M | 48.63M | 28.76M | 16.08M | 17.13M | 24.38M | 44.83M | 48.83M | 43.30M | 46.30M | 39.50M | 33.80M | 27.70M | 21.30M | 18.00M |
| Depreciation & Amortization | 12.58M | 22.03M | 12.12M | 20.72M | 18.12M | 11.40M | 13.72M | 10.13M | 561.00K | 275.00K | 8.64M | 149.00K | 402.00K | 7.10M | 851.00K | 8.01M | 7.18M | 8.17M | 9.36M | 5.02M | 9.47M | 6.20M | 5.68M | 6.86M | 8.80M | 8.50M | 5.60M | 6.00M | 5.30M | 8.30M | 7.40M |
| EBITDA | 0.00 | 293.64M | 285.03M | 263.08M | 216.15M | 190.72M | 160.91M | 147.50M | 142.96M | 127.85M | 113.21M | 107.28M | 99.54M | 85.53M | 80.10M | 81.82M | 77.11M | 73.51M | 71.76M | 59.98M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 62.41% | 56.88% | 52.91% | 53.23% | 57.40% | 52.89% | 50.35% | 51.84% | 52.14% | 51.50% | 53.04% | 52.87% | 54.06% | 54.77% | 67.54% | 85.28% | 81.13% | 72.12% | 61.98% | 68.17% | 71.95% | 93.43% | 101.68% | 97.92% | 101.36% | 100.40% | 101.66% | 101.05% | 94.79% | 96.10% |
| Operating Income | 0.00 | 313.87M | 271.97M | 242.37M | 198.03M | 206.09M | 165.48M | 152.21M | 146.49M | 131.76M | 108.66M | 112.24M | 107.16M | 93.26M | 96.52M | 109.06M | 128.48M | 113.96M | 91.16M | 71.04M | 67.06M | 72.96M | 87.02M | 89.81M | 80.50M | 80.70M | 69.70M | 61.30M | 52.50M | 40.80M | 37.00M |
| Operating Income Ratio | 0.00% | 60.26% | 54.33% | 50.64% | 51.08% | 56.42% | 51.67% | 50.11% | 51.64% | 52.03% | 47.71% | 52.97% | 52.67% | 50.23% | 54.29% | 62.92% | 80.76% | 75.71% | 65.41% | 57.88% | 59.74% | 66.31% | 87.70% | 94.47% | 88.27% | 91.70% | 92.93% | 92.60% | 91.78% | 78.76% | 80.09% |
| Total Other Income/Expenses | 243.30M | -14.92M | -15.86M | -12.61M | -12.09M | -11.17M | -9.77M | -3.69M | -3.71M | -5.91M | -2.62M | -2.37M | 897.00K | 0.00 | 0.00 | 4.81K | 107.88K | 0.00 | 3.89M | -5.02M | -17.13M | -24.38M | -44.83M | -48.83M | -43.30M | -46.30M | -39.50M | -33.80M | -27.70M | -21.30M | -19.30M |
| Income Before Tax | 243.30M | 280.87M | 271.97M | 242.37M | 198.03M | 178.18M | 147.19M | 135.93M | 131.82M | 118.59M | 104.57M | 99.36M | 92.19M | 78.43M | 72.35M | 73.80M | 69.93M | 65.34M | 62.40M | 54.96M | 49.93M | 48.58M | 42.18M | 40.98M | 37.20M | 34.40M | 30.20M | 27.50M | 24.80M | 19.50M | 17.70M |
| Income Before Tax Ratio | 50.89% | 53.93% | 54.33% | 50.64% | 51.08% | 48.78% | 45.96% | 44.75% | 46.47% | 46.83% | 45.91% | 46.89% | 45.31% | 42.25% | 40.70% | 42.58% | 43.96% | 43.40% | 44.77% | 44.78% | 44.48% | 44.15% | 42.51% | 43.10% | 40.79% | 39.09% | 40.27% | 41.54% | 43.36% | 37.64% | 38.31% |
| Income Tax Expense | 44.32M | 46.40M | 44.41M | 40.33M | 33.22M | 27.54M | 34.47M | 31.15M | 31.44M | 29.03M | 25.70M | 25.14M | 23.82M | 20.07M | 18.55M | 20.64M | 20.44M | 19.31M | 18.38M | 15.79M | 14.63M | 14.63M | 12.83M | 12.66M | 11.50M | 11.10M | 10.10M | 9.40M | 8.40M | 6.40M | 5.70M |
| Net Income | 198.98M | 234.48M | 227.56M | 202.03M | 164.81M | 150.64M | 120.37M | 104.77M | 100.38M | 89.56M | 78.87M | 74.23M | 68.37M | 59.66M | 53.80M | 53.16M | 49.49M | 46.03M | 44.02M | 39.17M | 35.30M | 33.95M | 29.35M | 28.32M | 25.70M | 23.30M | 21.00M | 19.00M | 16.40M | 13.10M | 13.30M |
| Net Income Ratio | 41.62% | 45.02% | 45.46% | 42.21% | 42.51% | 41.24% | 37.59% | 34.49% | 35.39% | 35.37% | 34.63% | 35.03% | 33.61% | 32.14% | 30.26% | 30.67% | 31.11% | 30.58% | 31.59% | 31.92% | 31.45% | 30.86% | 29.59% | 29.78% | 28.18% | 26.48% | 28.00% | 28.70% | 28.67% | 25.29% | 28.79% |
| EPS | 1.39 | 1.64 | 1.60 | 1.42 | 1.22 | 1.11 | 0.91 | 0.80 | 0.78 | 0.70 | 0.62 | 0.59 | 0.54 | 0.48 | 0.43 | 0.43 | 0.40 | 0.37 | 0.36 | 0.32 | 0.29 | 0.22 | 0.19 | 0.18 | 0.21 | 0.19 | 0.07 | 0.06 | 0.15 | 0.03 | 0.03 |
| EPS Diluted | 1.39 | 1.64 | 1.59 | 1.42 | 1.21 | 1.11 | 0.91 | 0.80 | 0.77 | 0.70 | 0.62 | 0.59 | 0.54 | 0.48 | 0.43 | 0.43 | 0.40 | 0.37 | 0.35 | 0.32 | 0.28 | 0.22 | 0.19 | 0.18 | 0.21 | 0.19 | 0.07 | 0.06 | 0.15 | 0.03 | 0.03 |
| Weighted Avg Shares Out | 142.69M | 142.60M | 142.29M | 142.03M | 135.65M | 135.22M | 132.25M | 132.03M | 129.79M | 128.10M | 127.15M | 125.92M | 125.77M | 125.17M | 124.88M | 124.72M | 124.76M | 124.40M | 124.01M | 123.86M | 123.87M | 154.33M | 153.68M | 124.19M | 124.51M | 124.46M | 118.96M | 115.49M | 108.08M | 107.37M | 458.37M |
| Weighted Avg Shares Out (Dil) | 142.94M | 143.21M | 143.13M | 142.54M | 136.35M | 135.97M | 132.65M | 132.21M | 130.14M | 128.62M | 127.71M | 126.01M | 125.85M | 125.28M | 125.02M | 125.05M | 124.76M | 124.97M | 124.59M | 124.35M | 124.42M | 155.03M | 154.49M | 124.63M | 125.00M | 125.00M | 118.96M | 115.49M | 108.08M | 107.37M | 458.37M |
First Financial Bankshares Names Daniel Neely SVP, Treasury Sales Manager
ABILENE, Texas , Feb. 7, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company") has named Daniel Neely Senior Vice President, Treasury Sales Manager. Daniel rejoins First Financial Bank after working for a Houston-area bank for the past five...
First Financial Bankshares, Inc. Names Eric Bonnell Senior Vice President and Director of Enterprise Risk Management
ABILENE, Texas , Feb. 2, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company") recently announced the naming of Eric Bonnell to Senior Vice President (SVP) and Director of Enterprise Risk Management. This newly created position will ensure a...
First Financial Bankshares, Inc. Names Keith Morton Executive Vice President
ABILENE, Texas , Jan. 31, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) recently announced the appointment of Keith Morton to Executive Vice President (EVP), Houston Credit Administration. The announcement was made by Luke Longhofer, Executive Vice President &...
Best Income Stocks to Buy for January 31st
FFIN, ISNPY and BRKL made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 31, 2024.
First Financial Bankshares (FFIN) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does First Financial Bankshares (FFIN) have what it takes?
FIRST FINANCIAL BANKSHARES ANNOUNCES FOURTH QUARTER 2023 EARNINGS RESULTS
ABILENE, Texas , Jan. 25, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (the "Company," "we," "us" or "our") (NASDAQ: FFIN) today reported earnings of $45.98 million for the fourth quarter of 2023 compared to earnings of $58.67 million for the same quarter...
First Financial (FFIN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for First Financial (FFIN) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
First Financial Bankshares (FFIN) Lags Q3 Earnings and Revenue Estimates
First Financial Bankshares (FFIN) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.41 per share a year ago.
FIRST FINANCIAL BANKSHARES ANNOUNCES THIRD QUARTER 2023 EARNINGS
ABILENE, Texas , Oct. 19, 2023 /PRNewswire/ -- First Financial Bankshares, Inc. (the "Company," "we," "us" or "our") (NASDAQ: FFIN) today reported earnings of $49.56 million for the third quarter of 2023 compared to earnings of $50.87 million for the second...
First Financial Bank, N.A. and First Financial Trust and Asset Management Company, N.A.
ABILENE, Texas , Oct. 11, 2023 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) ("First Financial" or the "Company") announced that its subsidiaries, First Financial Bank, N.A. and First Financial Trust and Asset Management Company, N.A.
Source: https://incomestatements.info
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