First Financial Bankshares, Inc. (FFIN) AI Stock Analysis

First Financial Bankshares, Inc. offers commercial banking products and services through its subsidiaries across Texas. Founded in 1890 and headquartered in Abilene, Texas, the company serves businesses, professional individuals, farm and ranch operations, and municipalities. Its deposit offerings include checking, savings, money market, and time deposits. Its lending products encompass commercial and industrial loans, agricultural loans, residential mortgages, and consumer auto loans. Additionally, the bank provides digital banking, drive-in facilities, payroll cards, personal trust management, wealth management, estate administration, and securities brokerage services, along with retirement and employee benefit accounts.

Revenue increased from $505.6M in FY2021 to $825.8M in FY2025, reflecting a 5-year revenue CAGR of 10.9%. Annual revenue grew 11.7% in FY2025, accompanied by an operating margin of 37.5% and net income of $253.6M, which was up from $223.5M in FY2024. Diluted EPS rose to $1.77 in FY2025 from $1.47 in FY2024. Over the trailing twelve months, revenue reached $672.5M with an operating margin of 56.9% and an EPS of $1.87. In the latest quarter ended September 30, 2026, quarterly revenue grew 25.8% year-over-year, while quarterly earnings grew 44.0%.

As of September 30, 2026, First Financial Bankshares held $178.8M in cash and short-term investments against total debt of $64.9M, resulting in net cash of $113.9M. Shareholders' equity stood at $1.83B alongside total assets of $15.16B. The company recorded a debt-to-equity ratio of 0.04 and a current ratio of 4.15. In FY2025, it generated $320.6M in operating cash flow and $307.1M in free cash flow, deploying $13.4M into capital expenditures and $106.0M toward dividends paid. Over five years, the share count changed by 0.3%.

FFIN trades at a trailing P/E of 16.3x and a forward P/E of 24.6x, compared to the median of its US-listed Financial Services peers of 12.1x trailing and 10.8x forward. Its price-to-sales ratio is 6.5x, above the peer median of 3.2x, while its price-to-book ratio is 2.3x. Enterprise value stands at $3.96B against a market cap of $4.37B. Over the past year, the stock fell 0.2%, underperforming the S&P 500 (SPY) return of 16.8%. Over a 5-year period, FFIN returned -28.9% compared to an 83.0% return for the benchmark.

First Financial Bankshares offers a forward annual dividend of $0.88 per share, representing a 2.89% dividend yield as of October 16, 2026. The company pays dividends quarterly with a payout ratio of 34.3%. It has paid consecutive dividends for 34 years, delivering an annualized 5-year dividend growth rate of 8.0%. The most recent ex-dividend date was September 14, 2026.

Wall Street coverage includes 1 Strong Buy and 7 Hold ratings. The mean price target is $35.43, representing a 16.3% upside compared to the last close of $30.47. For the fiscal year ending December 31, 2026, analysts estimate EPS of $2.04 on revenue of $705.1M. For the following fiscal year, 6 analysts project an EPS of $2.14 and revenue of $742.7M. The company beat EPS estimates in 2 of the last 4 quarters.

This page is an AI-written research summary of First Financial Bankshares, Inc. (FFIN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FFIN income statement, FFIN balance sheet, FFIN key metrics, FFIN analyst forecast, FFIN chart. See the FFIN stock overview for the latest quote and news.