First Financial Bankshares (FFIN)

Company Profile

Headquartered in Abilene, Texas, First Financial Bankshares, Inc. is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 78 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with ten locations and First Technology Services, Inc., a technology operating company.

Company profile

Ticker

FFIN

Exchange

NASDAQ

Website

www.ffin.com

CEO

F. Scott Dueser

Incorporated

Texas

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Ally Financial • Citizens Financial • Northern Trust • M & T Bank • Fifth Third Bancorp • Bank Of New York Mellon • Popular • Associated Banc-Corp. • SVB Financial ...

SEC CIK

0000036029

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

First Technology • First Financial Trust & Asset Management Company • First Financial Insurance Agency, Inc. • FB Investment Paris Fund, LLC ...

IRS number

750944023

FFIN stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

15 Mar 23

Annual report to shareholders

22 Feb 23

First Financial Bankshares Announces Fourth Quarter 2022 Earnings

20 Jan 23

8-K

Entry into a Material Definitive Agreement

12 Jan 23

8-K

First Financial Announces the Election of Michelle S. Hickox As Chief Financial Officer

2 Nov 22

First Financial Bankshares Announces Third Quarter 2022 Earnings

20 Oct 22

8-K

Departure of Directors or Certain Officers

2 Aug 22

Latest ownership filings

View all

Murray Hamilton Edwards

15 Mar 23

Robert Clark Nickles Jr

Ronald David Butler II

Financial summary

Financial statements Chart FFIN financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q4 2022

FFIN institutional ownership history Ownership history

54.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	274	280	-2.1%
Opened positions	34	25	+36.0%
Closed positions	40	27	+48.1%
Increased positions	96	103	-6.8%
Reduced positions	85	96	-11.5%

13F shares	Current	Prev Q	Change
Total value	2.58 tn	2.99 bn	+86047.0%
Total shares	77.26 mm	71.56 mm	+8.0%
Total puts	0.00	0.00
Total calls	0.00	70.50 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	14.94 mm	$513.80 bn	+1.3%
Vanguard	14.34 mm	$493.38 bn	+2.0%
STT State Street	5.29 mm	$183.00 bn	NEW
Neuberger Berman	3.46 mm	$119.16 bn	-18.9%
Kayne Anderson Rudnick Investment Management	2.94 mm	$101.22 bn	-3.5%
Alliancebernstein	2.75 mm	$94.66 bn	-8.0%
Geode Capital Management	2.59 mm	$89.11 bn	+4.7%
JPM JPMorgan Chase & Co.	2.41 mm	$83.05 bn	-10.5%
Dimensional Fund Advisors	2.11 mm	$72.71 bn	+4.7%
NTRS Northern Trust	1.78 mm	$61.19 bn	+0.9%

Largest transactions	Shares	Bought/sold	Change
STT State Street	5.29 mm	+5.29 mm	NEW
Norges Bank	1.27 mm	+1.27 mm	NEW
Neuberger Berman	3.46 mm	-807.12 k	-18.9%
Millennium Management	512.37 k	-300.89 k	-37.0%
Renaissance Technologies	542.11 k	+296.93 k	+121.1%
Vanguard	14.34 mm	+284.30 k	+2.0%
JPM JPMorgan Chase & Co.	2.41 mm	-283.86 k	-10.5%
Redwood Investments	0.00	-249.78 k	EXIT
Citadel Advisors	571.55 k	+244.07 k	+74.5%
Alliancebernstein	2.75 mm	-237.79 k	-8.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FFIN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
14 Mar 23	Nickles Robert Clark Jr	Common Stock	Buy	Acquire P	Yes	No	32.75	9,146	299.53 k	72,785
14 Mar 23	Murray Hamilton Edwards	Common Stock	Buy	Acquire P	Yes	No	31	100	3.10 k	39,959
13 Mar 23	Johnny Trotter	Common Stock	Buy	Acquire P	No	No	29.89	2,500	74.73 k	911,057
10 Mar 23	Michael B. Denny	Common Stock	Buy	Acquire P	Yes	No	33.83	850	28.76 k	94,108
9 Mar 23	Johnny Trotter	Common Stock	Buy	Acquire P	No	No	34.43	2,000	68.86 k	908,557