First Financial Earnings Reports

First Financial Bankshares delivered a strong Q1 2025, with higher EPS and net income compared to the prior year. Growth in net interest income and margin, along with increased trust fees, contributed positively, despite a rise in noninterest expenses and credit loss provisions.

First Financial Bankshares reported a strong fourth quarter in 2024 with earnings of $62.32 million, up from $45.98 million in the same quarter last year. Diluted earnings per share were $0.43, compared to $0.32 in Q4 2023. The company saw growth in net interest income and noninterest income, while managing noninterest expenses.

First Financial Bankshares reported earnings of $55.31 million for the third quarter of 2024, an increase of 11.61% compared to the same quarter last year. The growth was driven by continued growth in loans, deposits and net interest income.

First Financial Bankshares reported earnings of $52.49 million for the second quarter of 2024, an increase from $50.87 million for the same quarter a year ago. The results were driven by strong loan growth and net interest margin expansion, leading to increased net interest income.

First Financial Bankshares reported earnings of $53.40 million for the first quarter of 2024, compared to $52.57 million for the same quarter a year ago. Net interest income increased by $3.96 million, and trust fees increased by $1.53 million, offsetting an increase in salary and employee benefits expenses of $5.22 million.

First Financial Bankshares reported a decrease in earnings for Q4 2023, with net income at $45.98 million compared to $58.67 million in the same quarter of the previous year. Despite the decline, the company maintained total deposit levels and achieved organic loan growth of $706.92 million for the year. The bank also restructured its balance sheet by selling lower-yielding securities and redeploying the funds into higher-earning loans.

First Financial Bankshares reported earnings of $49.56 million for the third quarter of 2023, a decrease compared to the previous quarter and the same quarter last year. Diluted earnings per share were $0.35, also lower than the previous quarter and the prior year. The company's net interest income was $94.15 million, and the net interest margin was 3.22 percent.

First Financial Bankshares reported earnings of $50.87 million for the second quarter of 2023, a decrease compared to $60.49 million for the same quarter a year ago. The results were impacted by decreases in net interest income, debit card fees, mortgage revenues, gains on sale of securities, and interest recoveries on charged off loans, partially offset by a decrease in profit sharing expense. However, the company saw strong loan growth, a consistent deposit base, and growth in net new accounts.

First Financial Bankshares reported earnings of $52.57 million for the first quarter of 2023, compared to $55.97 million for the same quarter a year ago. Basic and diluted earnings per share were $0.37 for the first quarter of 2023 compared with $0.39 for the same quarter a year ago.

First Financial Bankshares reported earnings of $58.67 million for Q4 2022, compared to $55.34 million for the same quarter a year ago. Basic and diluted earnings per share were $0.41 for the fourth quarter of 2022 compared with $0.39 for the same quarter a year ago. Net interest income for the fourth quarter of 2022 was $104.04 million compared to $94.81 million for the fourth quarter of 2021.

First Financial Bankshares reported earnings of $59.34 million for Q3 2022, a slight increase from $58.93 million in the same quarter last year. The results reflect strong loan growth, excluding PPP and held-for-sale loans, and deposit growth, offset by a decline in PPP loan origination fees and interest, an increase in the provision for credit losses, and decreases in debit card fees and mortgage revenues.

First Financial Bankshares reported earnings of $60.49 million for the second quarter of 2022, an increase from $56.38 million for the same quarter a year ago. Loan growth, excluding PPP and held-for-sale loans, was $325.85 million, and deposit growth was $123.16 million.

First Financial Bankshares reported earnings of $55.97 million for the first quarter of 2022, a slight decrease compared to $56.92 million in the same quarter last year. The results were impacted by an increase in the provision for credit losses, a decrease in PPP loan origination fees, and a decline in mortgage revenues, offset by an increase in net interest income.

First Financial Bankshares reported Q4 2021 earnings of $55.34 million, a decrease from $58.48 million in the same quarter last year. EPS was $0.39, down from $0.41 year-over-year. The company experienced loan growth (excluding PPP loans) of $648.81 million and deposit growth of $1.89 billion.

First Financial Bankshares reported earnings for the third quarter of 2021 of $58.93 million, an increase compared to $52.86 million for the same quarter a year ago. Basic and diluted earnings per share were $0.41 for the third quarter of 2021 compared with $0.37 for the same quarter a year ago. Net loan growth, excluding PPP loans, was $162.95 million for the quarter and customer deposits grew $111.42 million during the quarter.

First Financial Bankshares, Inc. reported earnings for the second quarter of 2021 of $56.38 million, compared to $53.47 million for the same quarter a year ago. Basic earnings per share were $0.40, and diluted earnings per share were $0.39 for the second quarter of 2021.

First Financial Bankshares reported a strong first quarter in 2021 with earnings of $56.92 million, a 52.87 percent increase compared to the same quarter last year. Diluted earnings per share were $0.40, up from $0.26 in the prior year. The company experienced organic asset growth of $1.20 billion, driven by loan and deposit growth, while maintaining overall asset quality.

First Financial Bankshares, Inc. reported a strong fourth quarter in 2020, with earnings of $58.48 million, or $0.41 per diluted share, a significant increase from $41.39 million, or $0.30 per diluted share, in the fourth quarter of 2019. Net interest income increased to $90.54 million, and noninterest income rose to $35.71 million. The company's performance was positively impacted by organic asset growth and the acquisition of The Bank & Trust of Bryan/College Station.

First Financial Bankshares reported a strong third quarter of 2020, with earnings of $52.86 million, a 22.69% increase compared to $43.08 million in the third quarter of 2019. The company benefited from its 'TEXAS STRONG' initiative, which facilitated growth in loans, deposits, and trust assets, and was aided by the acquisition of TB&T Bancshares, Inc.

First Financial Bankshares reported earnings for the second quarter of 2020 of $53.47 million, compared to $42.09 million in the same quarter last year. Basic and diluted earnings per share were $0.38 for the second quarter of 2020 compared with $0.31 in the same quarter a year ago.

First Financial Bankshares reported earnings of $37.23 million for the first quarter of 2020, a decrease from $38.25 million in the same quarter last year. The results include the acquisition of TB&T Bancshares, Inc. Net interest income increased by 16.38 percent, while the provision for loan losses significantly increased due to economic uncertainty.

First Financial Bankshares reported Q4 2019 earnings of $41.39 million, an increase of 7.68 percent compared to the same quarter last year. Basic earnings per share were $0.30 for the fourth quarter of 2019, compared to $0.28 in the same quarter a year ago.