Q4 Net Interest Margin Reaches 3.81%, CEO Highlights Strong Performance
Reports Q4 net interest margin 3.81% vs. 3.67% last year. Tangible book value was $11.20 from $10.59 at previous quarter end. Common equity Tier 1 capital ratio was 19.99% vs. 19.10% in the previous quarter. "We are pleased to report a strong finish to 2025, highlighted by record quarterly net income. We are especially happy with the strong deposit growth during the quarter, which will set us up well to grow both loans and securities in 2026," said F. Scott Dueser, CEO. "We are encouraged by our organic balance sheet growth of almost $1.50B in the past year, increasing earning assets while continuing to grow net interest income. As we enter 2026, we will continue to remain focused on sound lending growth, managing the changing interest rate environment and the regulatory landscape. We appreciate the continued support of our customers, shareholders and associates and assure you that we will continue to put You First!"
Trade with 70% Backtested Accuracy
Analyst Views on FFIN
About FFIN
About the author
First Financial Bankshares Reports Q4 EPS of $0.51 on Revenue of $164.7M
- Earnings Highlights: First Financial Bankshares reported a Q4 GAAP EPS of $0.51 and revenue of $164.7 million, indicating stability in revenue growth despite facing market challenges.
- Credit Risk Assessment: Analysts suggest that the credit misstep at First Financial Bankshares is likely a one-off event, providing investor confidence and indicating the company's potential in risk management.
- Upgrade Necessity: Market analysis indicates that First Financial Bankshares needs to lower its valuation to justify an upgrade, reflecting cautious investor sentiment regarding the company's future growth, which may impact its stock performance.
- Quant Rating Insight: Seeking Alpha's quant rating on First Financial Bankshares highlights market attention to its financial performance, although the current rating has not significantly improved, it still serves as a reference for investors.
First Financial Bank Promotes Executives to Strengthen Leadership
- Executive Promotions: First Financial Bank has promoted James Alexander to Executive Vice President, Head of Commercial Banking, succeeding David Bailey, reflecting the company's ongoing commitment to management succession and future leadership strength.
- Regional Leadership Change: Chris Evatt has been elevated to Senior Banking Executive, overseeing leadership in the Southern regions, which is expected to drive further business growth and market expansion in those areas.
- West Texas Leadership: Rick Vaughan has been appointed Chairman and CEO of the West Texas Region, taking over from Chris Evatt, and with over 30 years of banking and wealth management experience, he is expected to enhance strategic development in the region.
- Market President Appointment: Luke Uherik has been promoted to Market President of San Angelo, managing client relationships in the West Texas Region, and with 17 years of banking experience, he will strengthen customer service and market competitiveness.
Should You Consider Buying First Financial Bankshares Stock After a Board Member Acquired Almost 2,000 Shares?
Sally Pope Davis' Stock Purchase: Board member Sally Pope Davis bought 1,700 shares of First Financial Bankshares for $52,241 on October 31, 2025, marking her second-largest purchase in the past year and increasing her direct ownership by 32.25%.
Stock Performance Context: The purchase occurred when First Financial's stock was at a 52-week low of $30.19, reflecting a 25% decline over the past year, primarily due to a significant credit loss from fraudulent activity.
Company Financials: Despite a decline in net income for Q3 2025 compared to the previous year, First Financial's year-to-date earnings growth was nearly 12% higher, and its net interest income has consistently increased over the last four quarters.
Outlook and Investment Potential: If the fraud incident is indeed isolated, analysts suggest that First Financial could rebound in Q4, making it a potentially worthwhile investment opportunity.
First Financial Bankshares Inc. Reports Decrease in Q3 Earnings, Falls Short of Projections
Earnings Report: First Financial Bankshares Inc. reported a profit of $52.27 million for the third quarter, down from $55.31 million the previous year.
Earnings Per Share: The earnings per share (EPS) decreased to $0.36, compared to $0.39 last year, and fell short of analysts' expectations of $0.47 per share.
Revenue Growth: The company's revenue increased by 18.6% to $127.00 million, up from $107.11 million in the same quarter last year.
Analyst Expectations: Analysts typically exclude special items when estimating earnings, which contributed to the discrepancy between reported earnings and expectations.
FIRST FINANCIAL BANKSHARES ANNOUNCES THIRD QUARTER 2025 EARNINGS
Earnings Report: First Financial Bankshares, Inc. reported third-quarter earnings of $52.27 million for 2025, a decrease from $55.31 million in the same quarter last year, primarily impacted by a $21.55 million credit loss due to fraudulent activity.
Net Interest Income: The bank's net interest income increased to $127 million, up from $107.11 million a year ago, with a net interest margin of 3.80%, reflecting growth in average interest-earning assets.
Credit Loss Provisions: The company recorded a provision for credit losses of $24.44 million, significantly higher than previous quarters, with net charge-offs totaling $22.34 million compared to just $786 thousand in the same quarter last year.
Growth in Assets and Deposits: As of September 30, 2025, total assets reached $14.84 billion, with loans growing to $8.24 billion and deposits totaling $12.90 billion, indicating a strong year-to-date earnings growth of nearly 12% compared to 2024.
FIRST FINANCIAL BANK ANNOUNCES THE ELECTION OF TIM BROWN AS CHIEF INFORMATION OFFICER AND TRANSITION OF JOHN RUZICKA TO CHIEF BANKING OPERATIONS OFFICER
Leadership Changes: First Financial Bankshares has appointed Tim Brown as Executive Vice President and Chief Information Officer, while John Ruzicka transitions to Chief Banking Operations Officer, enhancing the bank's operational efficiency and technology strategy.
Tim Brown's Background: Tim Brown brings over 35 years of experience in technology and operations, having previously worked at USAA and Johnson Financial Group, which positions him well to drive innovation and growth in the bank's technology offerings.
John Ruzicka's Contributions: John Ruzicka, who has been with the company since 2018, has significantly improved the bank's tech infrastructure and will now focus on optimizing backroom operations and implementing new processes.
Company Overview: First Financial Bank, a subsidiary of First Financial Bankshares, operates multiple banking regions across Texas and includes First Financial Trust & Asset Management Company and First Technology Services, Inc.
First Financial Bankshares Reports Q4 EPS of $0.51 on Revenue of $164.7M
- Earnings Highlights: First Financial Bankshares reported a Q4 GAAP EPS of $0.51 and revenue of $164.7 million, indicating stability in revenue growth despite facing market challenges.
- Credit Risk Assessment: Analysts suggest that the credit misstep at First Financial Bankshares is likely a one-off event, providing investor confidence and indicating the company's potential in risk management.
- Upgrade Necessity: Market analysis indicates that First Financial Bankshares needs to lower its valuation to justify an upgrade, reflecting cautious investor sentiment regarding the company's future growth, which may impact its stock performance.
- Quant Rating Insight: Seeking Alpha's quant rating on First Financial Bankshares highlights market attention to its financial performance, although the current rating has not significantly improved, it still serves as a reference for investors.
First Financial Bank Promotes Executives to Strengthen Leadership
- Executive Promotions: First Financial Bank has promoted James Alexander to Executive Vice President, Head of Commercial Banking, succeeding David Bailey, reflecting the company's ongoing commitment to management succession and future leadership strength.
- Regional Leadership Change: Chris Evatt has been elevated to Senior Banking Executive, overseeing leadership in the Southern regions, which is expected to drive further business growth and market expansion in those areas.
- West Texas Leadership: Rick Vaughan has been appointed Chairman and CEO of the West Texas Region, taking over from Chris Evatt, and with over 30 years of banking and wealth management experience, he is expected to enhance strategic development in the region.
- Market President Appointment: Luke Uherik has been promoted to Market President of San Angelo, managing client relationships in the West Texas Region, and with 17 years of banking experience, he will strengthen customer service and market competitiveness.
Should You Consider Buying First Financial Bankshares Stock After a Board Member Acquired Almost 2,000 Shares?
Sally Pope Davis' Stock Purchase: Board member Sally Pope Davis bought 1,700 shares of First Financial Bankshares for $52,241 on October 31, 2025, marking her second-largest purchase in the past year and increasing her direct ownership by 32.25%.
Stock Performance Context: The purchase occurred when First Financial's stock was at a 52-week low of $30.19, reflecting a 25% decline over the past year, primarily due to a significant credit loss from fraudulent activity.
Company Financials: Despite a decline in net income for Q3 2025 compared to the previous year, First Financial's year-to-date earnings growth was nearly 12% higher, and its net interest income has consistently increased over the last four quarters.
Outlook and Investment Potential: If the fraud incident is indeed isolated, analysts suggest that First Financial could rebound in Q4, making it a potentially worthwhile investment opportunity.
First Financial Bankshares Inc. Reports Decrease in Q3 Earnings, Falls Short of Projections
Earnings Report: First Financial Bankshares Inc. reported a profit of $52.27 million for the third quarter, down from $55.31 million the previous year.
Earnings Per Share: The earnings per share (EPS) decreased to $0.36, compared to $0.39 last year, and fell short of analysts' expectations of $0.47 per share.
Revenue Growth: The company's revenue increased by 18.6% to $127.00 million, up from $107.11 million in the same quarter last year.
Analyst Expectations: Analysts typically exclude special items when estimating earnings, which contributed to the discrepancy between reported earnings and expectations.
FIRST FINANCIAL BANKSHARES ANNOUNCES THIRD QUARTER 2025 EARNINGS
Earnings Report: First Financial Bankshares, Inc. reported third-quarter earnings of $52.27 million for 2025, a decrease from $55.31 million in the same quarter last year, primarily impacted by a $21.55 million credit loss due to fraudulent activity.
Net Interest Income: The bank's net interest income increased to $127 million, up from $107.11 million a year ago, with a net interest margin of 3.80%, reflecting growth in average interest-earning assets.
Credit Loss Provisions: The company recorded a provision for credit losses of $24.44 million, significantly higher than previous quarters, with net charge-offs totaling $22.34 million compared to just $786 thousand in the same quarter last year.
Growth in Assets and Deposits: As of September 30, 2025, total assets reached $14.84 billion, with loans growing to $8.24 billion and deposits totaling $12.90 billion, indicating a strong year-to-date earnings growth of nearly 12% compared to 2024.
FIRST FINANCIAL BANK ANNOUNCES THE ELECTION OF TIM BROWN AS CHIEF INFORMATION OFFICER AND TRANSITION OF JOHN RUZICKA TO CHIEF BANKING OPERATIONS OFFICER
Leadership Changes: First Financial Bankshares has appointed Tim Brown as Executive Vice President and Chief Information Officer, while John Ruzicka transitions to Chief Banking Operations Officer, enhancing the bank's operational efficiency and technology strategy.
Tim Brown's Background: Tim Brown brings over 35 years of experience in technology and operations, having previously worked at USAA and Johnson Financial Group, which positions him well to drive innovation and growth in the bank's technology offerings.
John Ruzicka's Contributions: John Ruzicka, who has been with the company since 2018, has significantly improved the bank's tech infrastructure and will now focus on optimizing backroom operations and implementing new processes.
Company Overview: First Financial Bank, a subsidiary of First Financial Bankshares, operates multiple banking regions across Texas and includes First Financial Trust & Asset Management Company and First Technology Services, Inc.
