First Financial Bankshares, Inc. (FFIN)

FFIN Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	520.56	502.95	405.94	296.11	271.64	263.32
Interest Income on Investments	125.97	125.97	122.13	136.74	104.77	100.81
Total Interest Income	646.53	628.92	528.07	432.85	376.41	364.13
Interest Paid on Deposits	193.87	194.8	124.83	26.25	5.71	13.12
Interest Paid on Borrowings	7.38	7.38	19.43	5.19	0.34	1.13
Total Interest Expense	201.25	202.18	144.26	31.44	6.04	14.24
Net Interest Income	445.29	426.74	383.81	401.41	370.36	349.89
Net Interest Income Growth (YoY)	14.84%	11.19%	-4.39%	8.38%	5.85%	21.03%
Trust Income	48.72	47.45	40.46	40	36.15	29.53
Gain (Loss) on Sale of Assets	0.48	0.48	1.53	0.52	0.21	0.11
Gain (Loss) on Sale of Investments	-	-	-7.12	2.14	0.82	3.63
Other Non-Interest Income	37.91	37.94	35.83	43.98	50.42	42.06
Total Non-Interest Income	124.84	123.99	108	131.67	142.18	139.94
Non-Interest Income Growth (YoY)	14.13%	14.80%	-17.97%	-7.39%	1.60%	29.06%
Revenues Before Loan Losses	570.12	550.73	491.81	533.08	512.54	489.82
Provision for Loan Losses	16.54	13.82	10.63	17.43	-1.14	19.52
Revenue	553.58	536.91	481.18	515.65	513.68	470.3
Revenue Growth (YoY)	13.33%	11.58%	-6.69%	0.38%	9.22%	19.20%
Salaries and Employee Benefits	146.09	140.63	120.38	123.04	131.82	125.25
Occupancy Expenses	14.83	14.58	13.77	13.31	13.01	12.39
Federal Deposit Insurance	6.11	6.5	7.75	3.71	3.13	1.76
Amortization of Goodwill & Intangibles	14.81	14.14	11.2	11.21	12.73	10.85
Selling, General & Administrative	32.87	32.08	31.1	30.28	30.03	27.82
Other Non-Interest Expense	56.75	57.13	53.69	53.23	50.98	49.88
Total Non-Interest Expense	271.46	265.06	237.88	234.78	241.71	227.94
EBT Excluding Unusual Items	282.13	271.85	243.3	280.87	271.97	242.37
Pretax Income	282.13	271.85	243.3	280.87	271.97	242.37
Income Tax Expense	50.67	48.34	44.32	46.4	44.41	40.33
Net Income	231.46	223.51	198.98	234.48	227.56	202.03
Net Income to Common	231.46	223.51	198.98	234.48	227.56	202.03
Net Income Growth	15.84%	12.33%	-15.14%	3.04%	12.63%	22.59%
Basic Shares Outstanding	143	143	143	143	142	142
Diluted Shares Outstanding	143	143	143	143	143	143
Shares Change (YoY)	0.27%	0.21%	-0.19%	0.05%	0.41%	4.55%
EPS (Basic)	1.62	1.56	1.39	1.64	1.60	1.42
EPS (Diluted)	1.62	1.56	1.39	1.64	1.59	1.42
EPS Growth	16.55%	12.23%	-15.24%	3.15%	11.97%	17.36%
Dividend Per Share	0.720	0.720	0.710	0.660	0.580	0.510
Dividend Growth	-	1.41%	7.58%	13.79%	13.73%	8.51%
Effective Tax Rate	17.96%	17.78%	18.22%	16.52%	16.33%	16.64%

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q