Jun 30, 2020

First Financial Q2 2020 Earnings Report

Second quarter earnings increased compared to the same quarter last year.

Key Takeaways

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.

Second quarter earnings of $53.47 million

Basic and diluted earnings per share were $0.38

Net interest income for the second quarter of 2020 increased $8.33 million from the first quarter of 2020

Mortgage related income increased 189.68 percent to $13.68 million

Total Revenue
$126M
Previous year: $99.6M
+26.7%
EPS
$0.38
Previous year: $0.31
+22.6%
Net Interest Margin
3.78%
Efficiency Ratio
41.32%
Previous year: 47.71%
-13.4%
Cash and Equivalents
$188M
Previous year: $178M
+5.6%
Total Assets
$10.3B
Previous year: $7.98B
+29.6%

First Financial

First Financial

First Financial Revenue by Segment