First Financial Q3 2021 Earnings Report
Key Takeaways
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.
Earnings for the third quarter of 2021 were $58.93 million 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 interest income for the third quarter of 2021 was $95.78 million compared to $89.21 million for the third quarter of 2020.
Customer deposits grew $111.42 million during the quarter.
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Forward Guidance
The company is focused on closing out 2021 with strong growth as they serve their communities across Texas.