First Financial Q3 2024 Earnings Report
Key Takeaways
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.
Earnings for the third quarter of 2024 were $55.31 million, compared to $49.56 million for the same quarter a year ago.
Diluted earnings per share were $0.39 for the third quarter of 2024, compared with $0.35 for the third quarter of 2023.
Net interest income for the third quarter of 2024 was $107.11 million, compared to $94.15 million for the third quarter of 2023.
Loans grew $203.46 million during the third quarter of 2024, or 10.76 percent annualized, when compared to June 30, 2024 balances.
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Forward Guidance
The Company is encouraged about the remainder of the year and is committed to its continued focus on excellent customer service by building relationships and supporting our communities.