First Financial Bankshares, Inc. (FFIN)

FFIN Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	702.48	502.95	405.94	296.11	271.64
Interest Income on Investments	-	125.97	122.13	136.74	104.77
Total Interest Income	702.48	628.92	528.07	432.85	376.41
Interest Paid on Deposits	201.59	194.8	124.83	26.25	5.71
Interest Paid on Borrowings	-	7.38	19.43	5.19	0.34
Total Interest Expense	201.59	202.18	144.26	31.44	6.04
Net Interest Income	500.89	426.74	383.81	401.41	370.36
Net Interest Income Growth (YoY)	17.38%	11.19%	-4.39%	8.38%	5.85%
Trust Income	51.86	47.45	40.46	40	36.15
Gain (Loss) on Sale of Assets	0.01	0.48	1.53	0.52	0.21
Gain (Loss) on Sale of Investments	-	-	-7.12	2.14	0.82
Other Non-Interest Income	38.38	37.94	35.83	43.98	50.42
Total Non-Interest Income	130.72	123.99	108	131.67	142.18
Non-Interest Income Growth (YoY)	5.42%	14.80%	-17.97%	-7.39%	1.60%
Revenues Before Loan Losses	631.6	550.73	491.81	533.08	512.54
Provision for Loan Losses	28.61	13.82	10.63	17.43	-1.14
Revenue	602.99	536.91	481.18	515.65	513.68
Revenue Growth (YoY)	12.31%	11.58%	-6.69%	0.38%	9.22%
Salaries and Employee Benefits	174.55	140.63	120.38	123.04	131.82
Occupancy Expenses	14.32	14.58	13.77	13.31	13.01
Federal Deposit Insurance	6.49	6.5	7.75	3.71	3.13
Amortization of Goodwill & Intangibles	16.85	14.14	11.2	11.21	12.73
Selling, General & Administrative	32.83	32.08	31.1	30.28	30.03
Other Non-Interest Expense	48.35	57.13	53.69	53.23	50.98
Total Non-Interest Expense	293.39	265.06	237.88	234.78	241.71
EBT Excluding Unusual Items	309.6	271.85	243.3	280.87	271.97
Pretax Income	309.6	271.85	243.3	280.87	271.97
Income Tax Expense	56.02	48.34	44.32	46.4	44.41
Net Income	253.58	223.51	198.98	234.48	227.56
Net Income to Common	253.58	223.51	198.98	234.48	227.56
Net Income Growth	13.45%	12.33%	-15.14%	3.04%	12.63%
Basic Shares Outstanding	143	143	143	143	142
Diluted Shares Outstanding	143	143	143	143	143
Shares Change (YoY)	0.15%	0.21%	-0.19%	0.05%	0.41%
EPS (Basic)	1.77	1.56	1.39	1.64	1.60
EPS (Diluted)	1.77	1.56	1.39	1.64	1.59
EPS Growth	13.46%	12.23%	-15.24%	3.15%	11.97%
Dividend Per Share	0.750	0.720	0.710	0.660	0.580
Dividend Growth	4.17%	1.41%	7.58%	13.79%	13.73%
Effective Tax Rate	18.09%	17.78%	18.22%	16.52%	16.33%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q