Trade First Financial Bankshares Inc - FFIN CFD

First Financial Bankshares Company profile

About First Financial Bankshares Inc

First Financial Bankshares, Inc. is a financial holding company. The Company, through its subsidiaries, conducts a full-service commercial banking business. Its subsidiary bank, First Financial Bank, N.A., provides general commercial banking services, which include accepting and holding checking, savings and time deposits, making loans, offering automated teller machines (ATMs), drive-in and night deposit services, safe deposit facilities, remote deposit capture, Internet banking, mobile banking, payroll cards, transmitting funds, and other banking services. It also provides trust and wealth management activities through its trust company, First Financial Trust & Asset Management Company, N.A. Through its trust company, it offers personal trust services, which include wealth management, the administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts. Its banking centers are located primarily in Central, North Central, Southeast and West Texas.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, First Financial Bankshares Inc interest income increased 3% to $376.4M. Net interest income after loan loss provision increased 12% to $371.5M. Net income increased 13% to $227.6M. Net interest income after loan loss provision reflects Interest and fees on loans increase of 3% to $271.6M, Interest on investment securiti increase of 17% to $56.6M.

Equity composition

Common Stock $.0066667 Par, 06/11, 40M auth., 47,154,362 issd.,less 251,412 Treas. @ $4.3M. Insiders own 5.33%. 06/11, 3-for-2 stock split. 06/14, 2-for-1 Stock split.