First Financial Bankshares Stock Price, News & Analysis

First Financial Bankshares (NASDAQ: FFIN) has announced the renewal of its stock repurchase plan, authorizing the repurchase of up to 5,000,000 shares of common stock through July 31, 2026. This represents approximately 3.5% of the company's outstanding shares as of July 22, 2025.

The renewed plan replaces the previous authorization that expires July 31, 2025. The company maintains flexibility in the timing and pricing of repurchases, with no minimum share requirement. Chairman and CEO F. Scott Dueser highlighted the company's strong capital position in the banking industry as a key factor in maintaining the repurchase program.

First Financial Bankshares (NASDAQ: FFIN) reported strong Q2 2025 earnings of $66.66 million, a 27% increase from Q2 2024's $52.49 million. Earnings per share reached $0.47, up from $0.37 in Q2 2024.

The bank's net interest income grew to $123.73 million, with net interest margin improving to 3.81%. Total assets reached $14.38 billion, with loans at $8.07 billion and deposits at $12.50 billion. Credit quality remained stable with nonperforming assets at 0.79% of loans.

Notable improvements include increased trust fee income to $12.75 million, managing trust assets of $11.46 billion, and improved efficiency ratio to 44.97%. The bank maintains a positive outlook, focusing on improving investment yields and continuing loan and deposit growth.

First Financial Bankshares (NASDAQ: FFIN) has appointed James Hinton as the new President of First Financial Mortgage. Hinton brings over 40 years of leadership experience in the mortgage finance industry. His career highlights include successfully running his family's mortgage company until its sale in 1992, and most recently serving as Executive Vice President of Residential Mortgage Warehouse Lending at Independent Financial.

A graduate of Southwestern Methodist University in Dallas, Hinton has strong ties to the Dallas business community and is actively involved in community service as a certified SCORE mentor for small business startups. The appointment was announced by David Bailey, President of First Financial Bankshares, who expressed confidence in Hinton's ability to drive the Mortgage team's growth.

First Financial Bankshares (NASDAQ: FFIN) announced key developments at its 2025 Annual Shareholders' Meeting. The company increased its quarterly cash dividend by 5.6% to $0.19 per share, payable July 1, 2025, to shareholders of record on June 16, 2025.

Shareholders elected thirteen directors to the board, including Chairman and CEO Scott Dueser, and representatives from diverse professional backgrounds spanning academia, healthcare, ranching, and business sectors. Notable board members include Sally Pope Davis, former Goldman Sachs Managing Director, and Eli Jones, Professor at Texas A&M University.

The meeting also marked the retirement of April Anthony from the board after 10 years of service. Shareholders approved two additional measures:

• Ratification of Ernst & Young as independent auditors
• Advisory vote on executive compensation

First Financial Bank has announced the appointment of Jeff Vorhees as Executive Vice President and Treasurer. Vorhees, who previously served as Director of Corporate Treasury at Independent Financial, a $19 billion public bank in McKinney Texas, brings significant experience in banking and finance to his new role.

His background includes positions in asset liability management consulting, investment banking, and experience as a commissioned bank examiner at the Dallas Federal Reserve Bank. Vorhees holds bachelor's degrees in finance and economics from Texas Tech University, an MBA from Southern Methodist University, and is a graduate of the Stonier Graduate School of Banking. He is also a Certified Management Accountant and Certified Treasury Professional.

First Financial Bankshares (NASDAQ: FFIN) reported strong Q1 2025 earnings of $61.35 million, up from $53.40 million in Q1 2024. Earnings per share increased to $0.43 from $0.37 year-over-year.

Key financial highlights:

• Net interest income rose to $118.79 million from $100.24 million YoY
• Net interest margin improved to 3.74% from 3.34% YoY
• Total assets reached $14.31 billion, up from $13.19 billion
• Loans grew to $7.95 billion from $7.23 billion
• Deposits and Repurchase Agreements increased to $12.52 billion from $11.60 billion

The efficiency ratio improved to 46.36% from 48.37% YoY, while nonperforming assets increased to 0.78% of loans from 0.51%. The company maintained strong capital levels with shareholders' equity at $1.68 billion.

First Financial Bankshares (NASDAQ: FFIN) has announced its upcoming 2025 Annual Shareholders' Meeting, scheduled for April 29, 2025, at 10:30 a.m. Central time. The meeting will be accessible via live stream at www.ffin.com/live-events, with streaming available from 10:00 am to view latest videos and commercials.

Key executives including Chairman and CEO F. Scott Dueser, President David Bailey, EVP and CFO Michelle Hickox, and First Financial Trust & Asset Management Company President Lon Biebighauser will present at the meeting. They will provide a comprehensive review of the company's 2024 performance, first quarter 2025 operational and financial results, and discuss strategic direction. A replay of the presentation will be made available after the event.

First Financial Bank has achieved the prestigious third position in Forbes' America's Best Banks 2025 ranking. The recognition is based on the bank's exceptional financial performance across 11 key metrics measured over the 12 months ending September 30, 2024, and stock performance through January 10, 2025.

The evaluation criteria included important financial indicators such as net interest margin, return on average assets, CET1 ratio, efficiency ratio, and other important metrics related to growth, credit quality, and profitability. The ranking considered the 200 largest publicly traded banks and thrifts in the country, with all 10 financial metrics being equally weighted.

President David Bailey attributed this achievement to the team's dedication and their commitment to the bank's 21 Non-Negotiables focusing on customer service excellence.

First Financial Bank has promoted Chris Schjetnan to Executive Vice President, Director of Community Lending and Outreach. In this new role, Schjetnan will lead the bank's affordable banking initiatives focusing on traditionally underserved communities.

Schjetnan, who joined First Financial Bank in 2012 after working at Wells Fargo, has been instrumental in growing the bank's ITIN and Affordable Home Mortgage programs. Born and raised in Mexico City in a bilingual household, he previously served as Executive Vice President, Regional Consumer Lending Manager for the Bank's Chisholm Trail Region.

His background includes a bachelor's degree in business administration from Western New Mexico University and graduation from both the Southwestern Graduate School of Banking at SMU and the American Bankers Association Commercial Lending School.