First Financial Bankshares (FFIN) Projected to Post Quarterly Earnings on Thursday

First Financial Bankshares (NASDAQ:FFIN) is anticipated to release its earnings data before the market opens on Thursday, April 17th. Analysts expect First Financial Bankshares to post earnings of $0.43 per share and revenue of $149.48 million for the quarter.

First Financial Bankshares (NASDAQ:FFIN) last released its earnings results on Thursday, January 23rd. The bank reported $0.43 EPS for the quarter, beating the consensus estimate of $0.40 by $0.03. First Financial Bankshares had a return on equity of 14.24% and a net margin of 29.69%. On average, analysts expect First Financial Bankshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Financial Bankshares Stock Up 5.8 %

Shares of FFIN opened at $33.52 on Thursday. The stock’s fifty day simple moving average is $36.10 and its 200-day simple moving average is $37.46. The firm has a market capitalization of $4.79 billion, a PE ratio of 21.49 and a beta of 0.82. First Financial Bankshares has a 12-month low of $27.62 and a 12-month high of $44.66.

First Financial Bankshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.72 dividend on an annualized basis and a yield of 2.15%. First Financial Bankshares’s payout ratio is presently 46.15%.

Insider Buying and Selling

In related news, Director Johnny Trotter bought 6,000 shares of First Financial Bankshares stock in a transaction on Wednesday, March 12th. The shares were purchased at an average price of $35.12 per share, for a total transaction of $210,720.00. Following the completion of the acquisition, the director now owns 949,371 shares in the company, valued at approximately $33,341,909.52. This represents a 0.64 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 4.22% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods lifted their price target on shares of First Financial Bankshares from $40.00 to $41.00 and gave the stock a “market perform” rating in a research report on Monday, January 27th.

First Financial Bankshares Company Profile

First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company offers checking, savings and time deposits; automated teller machines, drive-in, and night deposit services; safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services; securities brokerage services; and trust and wealth management services, including wealth management, estates administration, oil and gas management, testamentary trusts, revocable and irrevocable trusts, and agency accounts.