Dec 31, 2021

First Financial Q4 2021 Earnings Report

Reported decreased earnings and EPS for the fourth quarter of 2021, but demonstrated strong loan and deposit growth.

Key Takeaways

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.

Q4 2021 earnings were $55.34 million, compared to $58.48 million in Q4 2020.

Basic and diluted earnings per share were $0.39 for Q4 2021, down from $0.41 in Q4 2020.

Net interest income for Q4 2021 was $94.81 million, compared to $90.54 million in Q4 2020.

Noninterest income for Q4 2021 was $34.90 million, compared to $35.71 million for Q4 2020.

Total Revenue
$130M
Previous year: $126M
+2.7%
EPS
$0.39
Previous year: $0.41
-4.9%
Net Interest Margin
3.29%
Previous year: 3.75%
-12.3%
Efficiency Ratio
46.18%
Cash and Equivalents
$529M
Previous year: $729M
-27.5%
Total Assets
$13.1B
Previous year: $10.9B
+20.2%

First Financial

First Financial

First Financial Revenue by Segment

Forward Guidance

The document does not contain any forward guidance.