First Financial Financials

FFIN Stock  USD 41.68  0.35  0.83%   
Based on the analysis of First Financial's profitability, liquidity, and operating efficiency, First Financial Bankshares may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, First Financial's Cash And Short Term Investments are very stable compared to the past year. As of the 1st of December 2024, Liabilities And Stockholders Equity is likely to grow to about 13.8 B, while Property Plant And Equipment Net is likely to drop about 86.2 M. Key indicators impacting First Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.260.4162
Way Down
Slightly volatile
Return On Assets0.01290.0152
Fairly Down
Pretty Stable
Return On Equity0.150.1327
Moderately Up
Pretty Stable
Debt Equity Ratio0.01330.014
Notably Down
Slightly volatile
Operating Income136.3 M243.3 M
Way Down
Slightly volatile
Current Ratio1.351.42
Notably Down
Slightly volatile
The financial analysis of First Financial is a critical element in measuring its lifeblood. Investors should not minimize First Financial's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

208.93 Million

  
Understanding current and past First Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in First Financial's assets may result in an increase in income on the income statement.

First Financial Stock Summary

First Financial competes with Affinity Bancshares, Auburn National, BayCom Corp, First Community, and LINKBANCORP. First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas. First Finl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1400 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS32020R1095
CUSIP32020R109
LocationTexas; U.S.A
Business Address400 Pine Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.ffin.com
Phone325 627 7155
CurrencyUSD - US Dollar

First Financial Key Financial Ratios

First Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.3B10.9B13.1B13.0B13.1B13.8B
Net Debt101.9M(299.0M)142.6M311.8M(515.5M)(489.8M)
Retained Earnings707.7M836.7M981.7M1.1B1.2B1.3B
Cash279.5M729.1M528.6M330.7M536.6M563.4M
Other Assets851.5M928.7M(1.0B)1.2B2.9B4.2B
Total Liab381.4M430.1M671.2M11.7B11.6B12.2B
Total Current Assets3.7B5.1B7.1B5.8B5.0B2.7B
Other Current Liab2.1B3.4B3.8B4.1B3.5B3.0B
Other Current Assets282.6M729.1M531.1M330.7M537.1M879.2M
Short Term Debt381.4M430.1M650.1M621.5M383.0M332.0M
Common Stock1.4M1.4M1.4M1.4M1.3M1.2M
Other Liab33.4M120.4M105.6M36.0M41.4M41.1M
Accounts Payable16.3M14.6M10.6B24.3M21.9M20.8M
Inventory577K1.0M142K2.5M2.2M2.1M
Intangible Assets2.1M4.9M3.3M2.1M314.6M298.9M
Net Tangible Assets1.1B1.4B1.4B950.2M1.1B861.9M
Long Term Debt381.4M430.1M671.2M642.5M21.1M20.0M
Capital Surpluse450.7M669.6M676.9M677.6M779.2M463.2M

First Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense30.1M14.2M6.0M31.4M144.3M151.5M
Total Revenue387.7M478.6M500.6M520.8M634.5M666.3M
Gross Profit387.7M478.6M500.6M520.8M634.5M666.3M
Operating Income198.0M242.4M272.0M313.9M243.3M136.3M
Ebit198.0M242.4M272.9M271.6M243.3M134.9M
Ebitda206.4M263.1M285.0M293.6M243.3M142.2M
Income Before Tax198.0M242.4M272.0M280.9M243.3M255.5M
Net Income164.8M202.0M227.6M234.5M199.0M208.9M
Income Tax Expense33.2M40.3M44.4M46.4M44.3M24.4M
Tax Provision33.2M40.3M44.4M46.4M44.3M39.8M
Net Interest Income289.1M350.7M374.4M404.3M385.9M337.1M
Interest Income319.2M365.0M380.4M435.7M530.1M369.4M

First Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash34.0M446.5M(200.5M)(197.9M)205.9M216.2M
Free Cash Flow195.4M194.2M334.0M308.2M267.6M280.9M
Depreciation11.7M12.8M13.1M12.8M22.0M23.1M
Other Non Cash Items27.3M53.7M63.6M82.6M59.4M62.3M
Dividends Paid61.1M70.3M79.7M91.3M100.0M105.0M
Capital Expenditures8.7M16.5M19.2M15.8M17.3M11.2M
Net Income164.8M202.0M227.6M234.5M199.0M208.9M
End Period Cash Flow282.6M729.1M528.6M330.7M536.6M285.2M
Investments(443.0M)(1.3B)(2.6B)(823.4M)127.3M133.7M
Net Borrowings(87.4M)48.7M241.1M(28.6M)(25.8M)(24.5M)
Change To Netincome39.3M8.6M125.7M89.5M102.9M108.0M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Financial's current stock value. Our valuation model uses many indicators to compare First Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Financial competition to find correlations between indicators driving First Financial's intrinsic value. More Info.
First Financial Bankshares is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Financial Bankshares is roughly  9.10 . At this time, First Financial's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Financial's earnings, one of the primary drivers of an investment's value.

First Financial Bank Systematic Risk

First Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on First Financial Bank correlated with the market. If Beta is less than 0 First Financial generally moves in the opposite direction as compared to the market. If First Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Financial Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Financial is generally in the same direction as the market. If Beta > 1 First Financial moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in First Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.35)

At this time, First Financial's Price Earnings To Growth Ratio is very stable compared to the past year.

First Financial December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Financial Bankshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Financial Bankshares based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Financial's daily price indicators and compare them against related drivers.
When determining whether First Financial Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Financial Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bankshares Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in First Stock, please use our How to Invest in First Financial guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Financial. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.115
Dividend Share
0.72
Earnings Share
1.45
Revenue Per Share
3.574
Quarterly Revenue Growth
0.112
The market value of First Financial Bank is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Financial's market value can be influenced by many factors that don't directly affect First Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.