First Financial Bankshares (NASDAQ:FFIN) is scheduled to post its quarterly earnings results after the market closes on Wednesday, January 24th. Analysts expect First Financial Bankshares to post earnings of $0.44 per share for the quarter.

First Financial Bankshares (NASDAQ:FFIN) last posted its quarterly earnings results on Thursday, October 19th. The bank reported $0.44 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.44. The firm had revenue of $83.95 million for the quarter, compared to analysts’ expectations of $89.87 million. First Financial Bankshares had a net margin of 33.51% and a return on equity of 12.70%. The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 earnings per share. On average, analysts expect First Financial Bankshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Financial Bankshares (FFIN) opened at $47.10 on Wednesday. The company has a market cap of $3,170.00, a PE ratio of 28.20 and a beta of 1.40. First Financial Bankshares has a 1-year low of $36.85 and a 1-year high of $48.85.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Monday, December 18th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date was Friday, December 15th. First Financial Bankshares’s dividend payout ratio (DPR) is presently 45.51%.

FFIN has been the subject of a number of research reports. Zacks Investment Research raised shares of First Financial Bankshares from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Thursday, October 26th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $42.00 price objective on shares of First Financial Bankshares in a research note on Friday, October 20th. BidaskClub lowered shares of First Financial Bankshares from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $48.00 price objective on shares of First Financial Bankshares in a research note on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $44.33.

In related news, Director David L. Copeland sold 1,368 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $45.52, for a total value of $62,271.36. Following the completion of the sale, the director now directly owns 33,379 shares of the company’s stock, valued at $1,519,412.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 5.40% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: “First Financial Bankshares (FFIN) to Release Earnings on Wednesday” was posted by American Banking News and is owned by of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2018/01/17/first-financial-bankshares-ffin-to-release-earnings-on-wednesday.html.

First Financial Bankshares Company Profile

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