(FFIN) First Financial Bankshares - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 4.456m USD | Total Return: -4.3% in 12m
Avg Turnover: 21.9M
EPS Trend: 73.0%
Qual. Beats: 0
Rev. Trend: 99.7%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
First Financial Bankshares, Inc. (FFIN) is a Texas-based financial holding company, established in 1890, providing traditional commercial banking, wealth management, and trust services. Its operations include a broad range of deposit products, electronic banking, and securities brokerage across the United States.
The company’s credit portfolio is diversified across commercial, industrial, agricultural, and real estate sectors. Regional banks like FFIN often rely on a high percentage of non-interest-bearing deposits to maintain net interest margins. Additionally, the inclusion of specialized services such as oil, gas, and ranch management reflects a business model tailored to the specific economic drivers of the Southwestern United States.
Investors can further evaluate these regional banking fundamentals by reviewing the detailed financial metrics available on ValueRay.
- Texas economic growth and population migration drive loan demand and deposit stability
- Net interest margin sensitivity to Federal Reserve monetary policy and interest rate shifts
- Expansion of wealth management and trust services increases non-interest fee revenue
- Asset quality performance within agricultural and energy-related commercial loan portfolios
- Strategic acquisition strategy and integration efficiency impact long-term capital allocation efficiency
| Net Income: 263.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -0.08 > 1.0 |
| NWC/Revenue: -1.47k% < 20% (prev -1.21k%; Δ -260.8% < -1%) |
| CFO/TA 0.02 > 3% & CFO 321.2m > Net Income 263.8m |
| Net Debt (-830.7m) to EBITDA (336.0m): -2.47 < 3 |
| Current Ratio: 0.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (143.6m) vs 12m ago 0.18% < -2% |
| Gross Margin: 72.70% > 18% (prev 0.71%; Δ 7.20k% > 0.5%) |
| Asset Turnover: 5.70% > 50% (prev 5.29%; Δ 0.41% > 0%) |
| Interest Coverage Ratio: 1.60 > 6 (EBITDA TTM 336.0m / Interest Expense TTM 201.4m) |
| A: -0.81 (Total Current Assets 920.9m - Total Current Liabilities 13.3b) / Total Assets 15.4b |
| B: 0.10 (Retained Earnings 1.53b / Total Assets 15.4b) |
| C: 0.02 (EBIT TTM 322.3m / Avg Total Assets 14.8b) |
| D: 0.09 (Book Value of Equity 1.24b / Total Liabilities 13.4b) |
| Altman-Z'' = -4.73 = D |
As of May 24, 2026, the stock is trading at USD 32.19 with a total of 628,533 shares traded.
Over the past week, the price has changed by +3.67%,
over one month by +0.78%,
over three months by +1.46% and
over the past year by -4.28%.
First Financial Bankshares has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold FFIN.
- StrongBuy: 0
- Buy: 0
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 33.8 | 4.8% |
P/E Forward = 24.57
P/S = 7.163
P/B = 2.3783
P/EG = 2.55
Revenue TTM = 847.2m USD
EBIT TTM = 322.3m USD
EBITDA TTM = 336.0m USD
Long Term Debt = 21.1m USD (from longTermDebt, last quarter)
Short Term Debt = 69.2m USD (from shortTermDebt, last quarter)
Debt = 90.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -830.7m USD (calculated: Debt 90.3m - CCE 920.9m)
Enterprise Value = 3.63b USD (4.46b + Debt 90.3m - CCE 920.9m)
Interest Coverage Ratio = 1.60 (Ebit TTM 322.3m / Interest Expense TTM 201.4m)
EV/FCF = 11.86x (Enterprise Value 3.63b / FCF TTM 305.7m)
FCF Yield = 8.43% (FCF TTM 305.7m / Enterprise Value 3.63b)
FCF Margin = 36.09% (FCF TTM 305.7m / Revenue TTM 847.2m)
Net Margin = 31.14% (Net Income TTM 263.8m / Revenue TTM 847.2m)
Gross Margin = 72.70% ((Revenue TTM 847.2m - Cost of Revenue TTM 231.3m) / Revenue TTM)
Gross Margin QoQ = 76.54% (prev 76.18%)
Tobins Q-Ratio = 0.24 (Enterprise Value 3.63b / Total Assets 15.4b)
Interest Expense / Debt = 223.2% (Interest Expense 201.4m / Debt 90.3m)
Taxrate = 18.54% (16.3m / 87.8m)
NOPAT = 262.5m (EBIT 322.3m * (1 - 18.54%))
Current Ratio = 0.07 (Total Current Assets 920.9m / Total Current Liabilities 13.3b)
Debt / Equity = 0.05 (Debt 90.3m / totalStockholderEquity, last quarter 1.94b)
Debt / EBITDA = -2.47 (Net Debt -830.7m / EBITDA 336.0m)
Debt / FCF = -2.72 (Net Debt -830.7m / FCF TTM 305.7m)
Total Stockholder Equity = 1.86b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.78% (Net Income 263.8m / Total Assets 15.4b)
RoE = 14.20% (Net Income TTM 263.8m / Total Stockholder Equity 1.86b)
RoCE = 17.16% (EBIT 322.3m / Capital Employed (Equity 1.86b + L.T.Debt 21.1m))
RoIC = 12.55% (NOPAT 262.5m / Invested Capital 2.09b)
WACC = 8.59% (E(4.46b)/V(4.55b) * Re(8.76%) + (debt cost/tax rate unavailable))
Discount Rate = 8.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 70.47 | Cagr: 0.21%
[DCF] Terminal Value 75.05% ; FCFF base≈301.8m ; Y1≈311.4m ; Y5≈348.4m
[DCF] Fair Price = 41.94 (EV 5.18b - Net Debt -830.7m = Equity 6.01b / Shares 143.3m; r=8.59% [WACC]; 5y FCF grow 3.32% → 2.50% )
EPS Correlation: 72.98 | EPS CAGR: 9.99% | SUE: 0.58 | # QB: 0
Revenue Correlation: 99.66 | Revenue CAGR: 14.75% | SUE: 0.77 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.50 | Chg30d=+1.63% | Revisions=+14% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.52 | Chg30d=+2.18% | Revisions=+33% | Analysts=4
EPS current Year (2026-12-31): EPS=2.04 | Chg30d=+2.67% | Revisions=+33% | GrowthEPS=+15.0% | GrowthRev=+8.1%
EPS next Year (2027-12-31): EPS=2.14 | Chg30d=+1.59% | Revisions=+33% | GrowthEPS=+5.0% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: +33%