According to Zacks, “FIRST FINL BANKSHARES, INC. is a registered multi-bank holding company. “
Shares of First Financial Bankshares (NASDAQ:FFIN) opened at 35.52 on Monday. First Financial Bankshares has a 12-month low of $24.12 and a 12-month high of $37.06. The firm’s 50-day moving average price is $35.91 and its 200-day moving average price is $32.97. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 22.77 and a beta of 1.37.
First Financial Bankshares (NASDAQ:FFIN) last posted its quarterly earnings results on Thursday, July 21st. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. First Financial Bankshares had a net margin of 33.05% and a return on equity of 12.55%. On average, analysts forecast that First Financial Bankshares will post $1.60 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 3rd. Investors of record on Thursday, September 15th will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, September 13th. This represents a $0.72 annualized dividend and a yield of 2.03%. First Financial Bankshares’s dividend payout ratio is currently 45.57%.
A number of hedge funds and other institutional investors have recently bought and sold shares of FFIN. Norges Bank bought a new position in shares of First Financial Bankshares during the fourth quarter valued at $16,596,000. Vanguard Group Inc. raised its position in shares of First Financial Bankshares by 4.1% in the second quarter. Vanguard Group Inc. now owns 5,062,224 shares of the company’s stock valued at $165,990,000 after buying an additional 198,095 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of First Financial Bankshares by 783.6% in the first quarter. Renaissance Technologies LLC now owns 123,700 shares of the company’s stock valued at $3,659,000 after buying an additional 109,700 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of First Financial Bankshares by 1.8% in the second quarter. BlackRock Fund Advisors now owns 4,212,277 shares of the company’s stock valued at $138,121,000 after buying an additional 74,978 shares during the last quarter. Finally, State Street Corp raised its position in shares of First Financial Bankshares by 3.6% in the first quarter. State Street Corp now owns 1,598,676 shares of the company’s stock valued at $47,286,000 after buying an additional 56,223 shares during the last quarter. 45.72% of the stock is owned by hedge funds and other institutional investors.
First Financial Bankshares Company Profile
First Financial Bankshares, Inc is a financial holding company. Through its subsidiaries, the Company conducts commercial banking business. It provides commercial banking services, which include accepting and holding checking, savings and time deposits, making loans, automated teller machines, drive-in and night deposit services, safe deposit facilities, remote deposit capture, Internet banking, mobile banking, payroll cards, transmitting funds and other customary commercial banking services.
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