FFINNasdaqState Commercial BanksFiscal year ends December 31
FIRST FINANCIAL BANKSHARES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$29.94−0.53 (-1.74%)
Close on Oct 19, 2026
- Market cap
- $4.30B
- P/E (TTM)
- 16.9
- Dividend yield
- 2.51%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
40.1%−7203.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.7% | +5.8% | +195.8% | +78.3% | |
| Net income | +13.5% | +2.6% | +4.6% | +9.7% | |
| EPS, diluted | +13.5% | +2.6% | +4.5% | +8.7% | |
| Free cash flow | -2.4% | -2.5% | +8.0% | +12.1% | |
| Dividend per share | +4.2% | +4.4% | +8.0% | +9.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 12.8% | 13.9% | 14.4% | |
| Return on assets | 1.6% | 2.1% | 1.7% | |
| Capex to revenue | 953.7% | 589.8% | 2.1% | |
| Diluted shares | 132M | 143M | 143M |
Where the cash went
Fiscal 2021 to 2025, five years combined
First Financial Bankshares generated $1.57B from operations and spent $574.49M on capital expenditure, dividends and share buybacks. 14% of that went back into the business.
Generated
$1.57B
Used
$574.49M
Capital expenditure$82.40M14%Dividends$479.90M84%Share buybacks$12.19M2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin40.1%
×Asset turnover0.04×
×Equity multiplier8.35×
=Return on equity, FY202514.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 40.1% | 0.04× | 8.35× | 14.4% |
| FY2024 | 40.6% | 0.04× | 8.72× | 14.4% |
| FY2023 | 40.5% | 0.04× | 9.43× | 14.4% |
| FY2022 | 44.0% | 0.04× | 8.62× | 15.5% |
| FY2021 | 44.4% | 0.04× | 6.98× | 13.2% |
| FY2020 | 7244.0% | 0.00× | 6.60× | 13.9% |
| FY2019 | 5821.7% | 0.00× | 7.01× | 14.5% |
| FY2018 | 5616.6% | 0.00× | 7.58× | 15.2% |
| FY2017 | 5085.4% | 0.00× | 7.99× | 13.7% |
| FY2016 | 4898.3% | 0.00× | 8.20× | 12.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$253.58M
- Cash generatingOperating cash flow above zero$299.45M
- Return on assets improvedROA up on the prior year1.7% → 1.8%
- Earnings backed by cashOperating cash flow above net income$299.45M vs $253.58M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise143M → 143M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.05