First Financial Bankshares, Inc. (FFIN)

FFIN Statistics

Total Valuation

FFIN has a market cap or net worth of $5.26 billion. The enterprise value is $5.03 billion.

Market Cap	5.26B
Enterprise Value	5.03B

Important Dates

The next estimated earnings date is Friday, January 31, 2025, after market close.

Earnings Date	Jan 31, 2025
Ex-Dividend Date	Dec 13, 2024

Share Statistics

FFIN has 141.98 million shares outstanding. The number of shares has decreased by -0.02% in one year.

Current Share Class	141.98M
Shares Outstanding	141.98M
Shares Change (YoY)	-0.02%
Shares Change (QoQ)	+0.07%
Owned by Insiders (%)	3.72%
Owned by Institutions (%)	58.28%
Float	118.81M

Valuation Ratios

The trailing PE ratio is 25.53 and the forward PE ratio is 22.99.

PE Ratio	25.53
Forward PE	22.99
PS Ratio	10.36
Forward PS	8.79
PB Ratio	3.16
P/TBV Ratio	3.90
P/FCF Ratio	19.61
P/OCF Ratio	18.51
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	24.28
EV / Sales	9.86
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	18.76

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	0.31
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 14.28%.

Return on Equity (ROE)	14.28%
Return on Assets (ROA)	1.57%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$340,203
Profits Per Employee	$138,113
Employee Count	1,500
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, FFIN has paid $44.70 million in taxes.

Income Tax	44.70M
Effective Tax Rate	17.75%

Stock Price Statistics

The stock price has increased by +33.99% in the last 52 weeks. The beta is 0.85, so FFIN's price volatility has been lower than the market average.

Beta (5Y)	0.85
52-Week Price Change	+33.99%
50-Day Moving Average	39.19
200-Day Moving Average	34.79
Relative Strength Index (RSI)	48.99
Average Volume (20 Days)	550,471

Short Selling Information

The latest short interest is 7.46 million, so 5.26% of the outstanding shares have been sold short.

Short Interest	7.46M
Short Previous Month	7.96M
Short % of Shares Out	5.26%
Short % of Float	6.28%
Short Ratio (days to cover)	15.19

Income Statement

In the last 12 months, FFIN had revenue of $510.31 million and earned $207.17 million in profits. Earnings per share was $1.45.

Revenue	510.31M
Gross Profit	510.31M
Operating Income	273.55M
Pretax Income	244.93M
Net Income	207.17M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.45

Balance Sheet

The company has $310.53 million in cash and $83.63 million in debt, giving a net cash position of $226.90 million or $1.60 per share.

Cash & Cash Equivalents	310.53M
Total Debt	83.63M
Net Cash	226.90M
Net Cash Per Share	$1.60
Equity (Book Value)	1.66B
Book Value Per Share	11.71
Working Capital	-11.27B

Cash Flow

In the last 12 months, operating cash flow was $283.90 million and capital expenditures -$15.81 million, giving a free cash flow of $268.09 million.

Operating Cash Flow	283.90M
Capital Expenditures	-15.81M
Free Cash Flow	268.09M
FCF Per Share	$1.89

Margins

Gross Margin	n/a
Operating Margin	53.60%
Pretax Margin	49.36%
Profit Margin	40.60%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	52.53%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 1.95%.

Dividend Per Share	$0.72
Dividend Yield	1.95%
Dividend Growth (YoY)	1.41%
Years of Dividend Growth	8
Payout Ratio	49.65%
Buyback Yield	0.02%
Shareholder Yield	1.96%
Earnings Yield	3.94%
FCF Yield	5.10%

Analyst Forecast

The average price target for FFIN is $38.75, which is 4.67% higher than the current price. The consensus rating is "Hold".

Price Target	$38.75
Price Target Difference	4.67%
Analyst Consensus	Hold
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on June 4, 2019. It was a forward split with a ratio of 2:1.

Last Split Date	Jun 4, 2019
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4