First Finl Bankshares Stock (NASDAQ: FFIN)

First Finl Bankshares (NASDAQ:FFIN) Stock, Quote.Headers.trade-ideas

First Finl Bankshares

First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.

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MicroStrategy, Cipher Mining, TeraWulf And Other Big Stocks Moving Lower In Monday&#39;s Pre-Market Session

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Whether it&#39;s through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.

Why First Financial Bankshares is a Great Dividend Stock Right Now

First Financial Bankshares, Inc. - Common Stock

First Financial Bankshares Inc

During the last three months, 4 analysts shared their evaluations of First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>), revealing diverse outlooks from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $36.5, with a high estimate of $40.00 and a low estimate of $31.00. This upward trend is apparent, with the current average reflecting a 9.77% increase from the previous average price target of $33.25.
<img src="https://www.benzinga.com/files/images/story/2024/1726866050_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The standing of First Finl Bankshares among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$40.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$39.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Matt Olney</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$36.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$31.00</td>
<td>$32.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to First Finl Bankshares. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of First Finl Bankshares compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of First Finl Bankshares's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into First Finl Bankshares's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/FFIN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Finl Bankshares analyst ratings.</a>
<h2>Discovering First Finl Bankshares: A Closer Look</h2>
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.
<h3>Financial Insights: First Finl Bankshares</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, First Finl Bankshares showcased positive performance, achieving a revenue growth rate of 7.11% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: First Finl Bankshares's net margin is impressive, surpassing industry averages. With a net margin of 40.04%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.49%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.4%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings For First Finl Bankshares

Truist Securities analyst Brandon King maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Hold and raises the price target from $39 to $40.

Price Target

Truist Securities Maintains Hold on First Finl Bankshares, Raises Price Target to $40

Shares of Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) rose sharply in today's pre-market trading following a report suggesting Mars is considering an <a href="https://www.benzinga.com/quote/K">acquisition of the company</a>.
Kellanova shares jumped 14.5% to $72.10 in pre-market trading.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>MGO Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) rose 38.4% to $3.60 in today's pre-market trading  after gaining over 5% on Friday.</li>
<li>Zevra Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZVRA#NASDAQ">ZVRA</a>) gained 21.5% to $7.66 in pre-market trading. Zevra Therapeutics received FDA Panel support for Arimoclomol in treating Niemann-Pick disease Type C.</li>
<li>DDC Enterprise Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDC#NYSE">DDC</a>) shares gained 19.4% to $0.4940 in pre-market trading after dipping 14% on Friday.</li>
<li>CNS Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNSP#NASDAQ">CNSP</a>) jumped 17.8% to $0.2954 in pre-market trading  after dipping 13% on Friday.</li>
<li>Xiao-I Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) shares gained 12.7% to $0.6011 in pre-market trading after declining 8% on Friday.</li>
<li>United Homes Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UHG#NASDAQ">UHG</a>) gained 11.1% to $6.31 in pre-market trading. United Homes Group will release its results for the second quarter before the opening bell on Thursday, Aug. 8.</li>
<li>Indonesia Energy Corporation Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDO#NASDAQ">INDO</a>) shares rose 10.9% to $2.54 in pre-market trading following a 5% decline on Friday.</li>
<li>22nd Century Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XXII#NASDAQ">XXII</a>) shares rose 13.4% to $0.73 in pre-market trading after falling more than 5% on Friday.</li>
<li>MIRA Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIRA#NASDAQ">MIRA</a>) shares gained 8.8% to $2.36 in pre-market trading. Ascendiant Capital analyst Edward Woo initiated coverage on Mira Pharmaceuticals with a Buy rating and announced a price target of $11.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Aqua Metals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AQMS#NASDAQ">AQMS</a>) shares dipped 60% to $0.1238 in pre-market trading. Aqua Metals will report financial results for the second quarter after the closing bell on Monday, Aug. 5.</li>
<li>First Financial Bankshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) shares declined 23.9% to $26.99 in pre-market trading after declining 3% on Friday.</li>
<li>CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) fell 17.4% to $11.13 pre-market trading after dipping more than 10% on Friday.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) fell 17.2% to $1,199.52  in today's pre-market trading amid a sharp decline in Bitcoin prices.</li>
<li>Iris Energy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) shares fell 17.2% to $7.14 in pre-market trading after declining 7% on Friday.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) shares declined 16.4% to $12.21 in pre-market trading after dipping 15% on Friday.</li>
<li>Cipher Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) declined 15.4% to $3.66 in pre-market trading amid weakness in Bitcoin.</li>
<li>Riskified Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) shares fell 14.4% to $5.00 in pre-market trading. Riskified will release its second quarter financial results before the opening bell on Aug. 14/</li>
<li>TeraWulf Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) shares fell 13.1% to $3.19 in pre-market trading after dipping more than  10% on Friday.</li>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) fell 12% to $3.73 in pre-market trading amid weakness in Bitcoin.</li>
</ul>
Now Read This: 
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U.S. stock futures were lower this morning, with the Dow futures falling around 700 points on Monday.
Shares of MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) fell sharply in today's pre-market trading amid a sharp decline in Bitcoin prices.
MicroStrategy shares dipped 17.2% to $1,199.52 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>First Financial Bankshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) shares declined 23.9% to $26.99 in pre-market trading after declining 3% on Friday.</li>
<li>CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) fell 17.4% to $11.13 pre-market trading after dipping more than 10% on Friday.</li>
<li>Iris Energy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) shares fell 17.2% to $7.14 in pre-market trading after declining 7% on Friday.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) shares declined 16.4% to $12.21 in pre-market trading after dipping 15% on Friday.</li>
<li>Cipher Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CIFR#NASDAQ">CIFR</a>) declined 15.4% to $3.66 in pre-market trading amid weakness in Bitcoin.</li>
<li>Riskified Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSKD#NYSE">RSKD</a>) shares fell 14.4% to $5.00 in pre-market trading. Riskified will release its second quarter financial results before the opening bell on Aug. 14/</li>
<li>TeraWulf Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) shares fell 13.1% to $3.19 in pre-market trading after dipping more than  10% on Friday.</li>
<li>B. Riley Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILY#NASDAQ">RILY</a>) dipped 12.9% to $15.87 in pre-market trading after declining 5% on Friday.</li>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) fell 12% to $3.73 in pre-market trading amid weakness in Bitcoin.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/markets/24/08/40142776/wall-streets-most-accurate-analysts-views-on-3-materials-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts&#8217; Views On 3 Materials Stocks Delivering High-Dividend Yields</a></li>
</ul>

MicroStrategy, Cipher Mining, TeraWulf And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Buybacks

First Financial Bankshares Renews Stock Repurchase Plan To Buy Back Up To 5M Shares, Representing 3.5% Of Outstanding Shares, Through July 31, 2025

Truist Securities analyst Brandon King maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Hold and raises the price target from $31 to $39.

Truist Securities Maintains Hold on First Finl Bankshares, Raises Price Target to $39

Stephens &amp; Co. analyst Matt Olney maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Equal-Weight and raises the price target from $31 to $36.

Stephens & Co. Maintains Equal-Weight on First Finl Bankshares, Raises Price Target to $36

First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.36 by 2.78 percent. This is a 2.78 percent increase over earnings of $0.36 per share from the same period last year.

Earnings Beats

First Finl Bankshares Q2 EPS $0.37 Beats $0.36 Estimate

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Shares of banking stocks are trading higher amid sympathy with Bank of America after the company reported better-than-expected Q2 financial results.

Truist Securities analyst Brandon King maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Hold and lowers the price target from $32 to $31.

Truist Securities Maintains Hold on First Finl Bankshares, Lowers Price Target to $31

Whether it&#39;s through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company&#39;s earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.
First Financial Bankshares in Focus
First Financial Bankshares (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ffin#NASDAQ">FFIN</a>) is headquartered in Abilene, and is in the Finance sector. The stock has seen a price change of -2.28% since the start of the year. The commercial banker operating mostly in Texas is currently shelling out a dividend of $0.18 per share, with a dividend yield of 2.43%. This compares to the Banks - Southwest industry&#39;s yield of 0.7% and the S&amp;P 500&#39;s yield of 1.58%.
Taking a look at the company&#39;s dividend growth, its current annualized dividend of $0.72 is up 1.4% from last year. Over the last 5 years, First Financial Bankshares has increased its dividend 5 times on a year-over-year basis for an average annual increase of 10.95%. Future dividend growth will depend on earnings growth as well as payout ratio, which is the proportion of a company&#39;s annual earnings per share that it pays out as a dividend. First Financial&#39;s current payout ratio is 51%, meaning it paid out 51% of its trailing 12-month EPS as dividend.
Earnings growth looks solid for FFIN for this fiscal year. The Zacks Consensus Estimate for 2024 is $1.48 per share, representing a year-over-year earnings growth rate of 6.47%.
Bottom Line
Investors like dividends for a variety of different reasons, from tax advantages and decreasing overall portfolio risk to considerably improving stock investing profits. However, not all companies offer a quarterly payout.
High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, FFIN is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold).
<a href="https://www.zacks.com/stock/news/2278822/why-first-financial-bankshares-ffin-is-a-great-dividend-stock-right-now?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_5-2278822">To read this article on Zacks.com click here.</a>

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">Turtle Beach</h3>
<ul>
<li>The Trade: Turtle Beach Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEAR#NASDAQ">HEAR</a>) Director Terry Jimenez <a href="https://www.benzinga.com/quote/HEAR/analyst-ratings">acquired a total of 2,025 shares</a> an average price of $16.37. To acquire these shares, it cost around $33,149.</li>
<li>What's Happening: On May 7, Turtle Beach posted better-than-expected quarterly earnings.</li>
<li>What Turtle Beach Does: Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware.</li>
</ul>
<h3 class="wp-block-heading">Ark Restaurants</h3>
<ul>
<li>The Trade: Ark Restaurants Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARKR#NASDAQ">ARKR</a>) 10% owner Thomas A Satterfield Jr acquired a total of 19,815 shares at an average price of $14.50. To acquire these shares, it cost around $287,020..</li>
<li>What's Happening: On May 13, Ark Restaurants posted a wider quarterly loss.</li>
<li>What Ark Restaurants Does: Ark Restaurants Corp owns and operates around 17 restaurants and bars, 16 fast food concepts, and catering operations in the USA.</li>
</ul>
Don&#8217;t forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<h3 class="wp-block-heading">iRobot</h3>
<ul>
<li>The Trade: iRobot Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>) President and CEO Gary Cohen <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 2,050 shares</a> at an average price of $12.29. To acquire these shares, it cost around $25,189.</li>
<li>What's Happening: On May 7, iRobot reported better-than-expected first-quarter financial results.</li>
<li>What iRobot Does: iRobot Corp is a united state based consumer robot company.</li>
</ul>
<h3 class="wp-block-heading">First Financial Bankshares</h3>
<ul>
<li>The Trade: First Financial Bankshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) EVP/CFO Michelle S Hickox <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 1,000 shares</a> at an average price of $31.25. The insider spent around $31,250 to buy those shares.</li>
<li>What's Happening: On April 18, First Finl Bankshares posted upbeat quarterly earnings.</li>
<li>What First Financial Bankshares Does: First Financial Bankshares Inc is a financial and bank holding company.</li>
</ul>
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Truist Securities analyst Brandon King maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Hold and lowers the price target from $34 to $32.

Truist Securities Maintains Hold on First Finl Bankshares, Lowers Price Target to $32

Ratings for First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $32.6, along with a high estimate of $35.00 and a low estimate of $31.00. Observing a 1.24% increase, the current average has risen from the previous average price target of $32.20. 
<img src="https://www.benzinga.com/files/images/story/2024/1713538891_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The standing of First Finl Bankshares among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matt Olney</td>
<td>Stephens &amp; Co.</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$31.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$34.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Jennifer Demba</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$35.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Matt Olney</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$32.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Brady Gailey</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$31.00</td>
<td>$30.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to First Finl Bankshares. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of First Finl Bankshares compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for First Finl Bankshares's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of First Finl Bankshares's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/FFIN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Finl Bankshares analyst ratings.</a>
<h2>About First Finl Bankshares</h2>
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.
<h3>Key Indicators: First Finl Bankshares's Financial Health</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Negative Revenue Trend: Examining First Finl Bankshares's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -10.22% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: First Finl Bankshares's net margin excels beyond industry benchmarks, reaching 39.61%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): First Finl Bankshares's ROE excels beyond industry benchmarks, reaching 3.36%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): First Finl Bankshares's ROA stands out, surpassing industry averages. With an impressive ROA of 0.36%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.01.
<h2>The Basics of Analyst Ratings</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: First Finl Bankshares In The Eyes Of 5 Experts

Stephens &amp; Co. analyst Matt Olney maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Equal-Weight and lowers the price target from $35 to $31.

Stephens & Co. Maintains Equal-Weight on First Finl Bankshares, Lowers Price Target to $31

First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.35 by 5.71 percent. This is unchanged from the same period last year.

First Finl Bankshares Q1 EPS $0.37 Beats $0.35 Estimate

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Shares of companies in the broader financial sector are trading lower as stocks fall after hotter-than-expected March inflation data, which has caused rate cut uncertainty.

Throughout the last three months, 4 analysts have evaluated First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $33.0, a high estimate of $35.00, and a low estimate of $31.00. This upward trend is evident, with the current average reflecting a 4.76% increase from the previous average price target of $31.50.
<img src="https://www.benzinga.com/files/images/story/2024/1711980063_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of First Finl Bankshares among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$34.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Jennifer Demba</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$35.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Matt Olney</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$32.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Brady Gailey</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$31.00</td>
<td>$30.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to First Finl Bankshares. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of First Finl Bankshares compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of First Finl Bankshares's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of First Finl Bankshares's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/FFIN/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Finl Bankshares analyst ratings.</a>
<h2>Unveiling the Story Behind First Finl Bankshares</h2>
First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.
<h3>First Finl Bankshares's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Decline in Revenue: Over the 3 months period, First Finl Bankshares faced challenges, resulting in a decline of approximately -10.22% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 39.61%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): First Finl Bankshares's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.36%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): First Finl Bankshares's ROA excels beyond industry benchmarks, reaching 0.36%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.01, First Finl Bankshares adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Basics of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For First Finl Bankshares's Future

Truist Securities analyst Brandon King maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Hold and lowers the price target from $35 to $34.

Truist Securities Maintains Hold on First Finl Bankshares, Lowers Price Target to $34

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Shares of several bank stocks are trading lower after January CPI data showed a greater-than-expected rise in inflation, which increased uncertainty surrounding future rate cuts.

Dividend Champion, Contender, And Challenger Highlights: Week Of June 23

First Financial Bankshares GAAP EPS of $0.37, revenue of $1.35M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
First Finl Bankshares (NASDAQ:<a href="https://investorplace.com/stock-quotes/ffin-stock-quote/">FFIN</a>) just reported results for the second quarter of 2024.<ul><li>First Finl Bankshares reported earnings per share of 37 cents. This was above the analyst estimate for EPS of 36 cents.</li><li>The company reported revenue of $134.54 million.</li><li>This was 0.80% better than the analyst estimate for revenue of $133.47 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/07/ffin-stock-earnings-first-finl-bankshares-for-q2-of-2024/">FFIN Stock Earnings: First Finl Bankshares Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

FFIN Stock Earnings: First Finl Bankshares Beats EPS, Beats Revenue for Q2 2024

In a report released yesterday, Catherine Mealor from KBW assigned a Hold rating to First Financial Bankshares (FFIN – Research Report), with a pri...

First Financial Bankshares (FFIN) Gets a Hold from KBW

Janney Montgomery analyst John Rodis maintained a Hold rating on First Financial Bankshares (FFIN – Research Report) today. The company's shares cl...

Janney Montgomery Reaffirms Their Hold Rating on First Financial Bankshares (FFIN)

First Financial to buy back up to 5M shares as part of renewed stock repurchase plan

First Financial Bankshares declares $0.18 dividend

Dividend Champion, Contender, And Challenger Highlights: Week Of September 8

Staying The Course With First Financial Bankshares

First Financial Bankshares: An Outstanding Texan Bank

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First Finl Bankshares

First Finl Bankshares (FFIN) Forecast

First Finl Bankshares (NASDAQ:FFIN) Stock, Quote.Headers.trade-ideas