First Financial Bankshares, Inc. (NASDAQ:FFIN) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, July 19th. Analysts expect the company to announce earnings of $0.42 per share for the quarter.

First Financial Bankshares (NASDAQ:FFIN) last announced its quarterly earnings data on Thursday, April 20th. The bank reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.01. First Financial Bankshares had a return on equity of 12.32% and a net margin of 33.09%. The firm had revenue of $78.30 million for the quarter, compared to analysts’ expectations of $83.55 million. During the same period last year, the firm earned $0.39 earnings per share. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. On average, analysts expect First Financial Bankshares to post $1.69 EPS for the current fiscal year and $1.84 EPS for the next fiscal year.

First Financial Bankshares, Inc. (NASDAQ FFIN) opened at 42.85 on Monday. First Financial Bankshares, Inc. has a 52 week low of $33.29 and a 52 week high of $46.70. The stock’s 50 day moving average price is $40.39 and its 200-day moving average price is $41.73. The company has a market capitalization of $2.81 billion, a PE ratio of 26.78 and a beta of 1.35.

The firm also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Stockholders of record on Friday, June 16th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.77%. This is a boost from First Financial Bankshares’s previous quarterly dividend of $0.18. The ex-dividend date was Wednesday, June 14th. First Financial Bankshares’s dividend payout ratio is currently 47.50%.

In other news, Director Johnny Trotter acquired 1,500 shares of First Financial Bankshares stock in a transaction that occurred on Friday, April 28th. The shares were bought at an average cost of $40.36 per share, with a total value of $60,540.00. Following the transaction, the director now directly owns 387,588 shares of the company’s stock, valued at approximately $15,643,051.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald N. Giddiens sold 1,000 shares of the stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $41.00, for a total transaction of $41,000.00. Following the completion of the sale, the director now directly owns 13,816 shares in the company, valued at $566,456. The disclosure for this sale can be found here. Insiders purchased a total of 3,230 shares of company stock worth $127,549 over the last three months. 5.04% of the stock is currently owned by corporate insiders.

FFIN has been the topic of several recent research reports. Zacks Investment Research cut shares of First Financial Bankshares from a “hold” rating to a “sell” rating in a research report on Friday, March 24th. Keefe, Bruyette & Woods raised shares of First Financial Bankshares from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $37.00 to $38.00 in a research report on Friday, April 21st. Hovde Group raised shares of First Financial Bankshares from an “underperform” rating to a “market perform” rating and set a $43.00 price objective on the stock in a research report on Wednesday, March 22nd. BidaskClub raised shares of First Financial Bankshares from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Finally, Stephens reissued a “hold” rating on shares of First Financial Bankshares in a research report on Monday, April 24th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $42.33.

TRADEMARK VIOLATION WARNING: “First Financial Bankshares, Inc. (NASDAQ:FFIN) Set to Announce Quarterly Earnings on Wednesday” was first posted by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this news story can be read at https://www.americanbankingnews.com/2017/07/17/first-financial-bankshares-inc-nasdaqffin-set-to-announce-quarterly-earnings-on-wednesday.html.

About First Financial Bankshares

First Financial Bankshares, Inc is a financial holding company. The Company, through its subsidiaries, conducts commercial banking business. As of December 31, 2016, the Company’s subsidiaries included First Financial Bank, National Association, Abilene, Texas; First Technology Services, Inc, Abilene, Texas; First Financial Trust & Asset Management Company, National Association, Abilene, Texas; First Financial Investments, Inc, Abilene, Texas, and First Financial Insurance Agency, Inc, Abilene, Texas.

Earnings History for First Financial Bankshares (NASDAQ:FFIN)

Receive News & Ratings for First Financial Bankshares Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Financial Bankshares Inc. and related companies with MarketBeat.com's FREE daily email newsletter.