First Financial Statements From 2010 to 2026

FFIN Stock  USD 32.23  1.22  3.93%   
First Financial's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Financial's valuation are provided below:
Gross Profit
581.9 M
Profit Margin
0.4169
Market Capitalization
4.5 B
Enterprise Value Revenue
7.5186
Revenue
581.9 M
We have found one hundred twenty available fundamental signals for First Financial Bankshares, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify First Financial's prevailing fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 8th of January 2026, Market Cap is likely to grow to about 6.8 B. Also, Enterprise Value is likely to grow to about 7 B

First Financial Total Revenue

892.6 Million

Check First Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.6 M, Interest Expense of 244.1 M or Selling General Administrative of 196.5 M, as well as many indicators such as Price To Sales Ratio of 4.92, Dividend Yield of 0.0261 or PTB Ratio of 2.28. First financial statements analysis is a perfect complement when working with First Financial Valuation or Volatility modules.
  
Build AI portfolio with First Stock
Check out the analysis of First Financial Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Financial guide.

First Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets16.9 B16.1 B9.1 B
Slightly volatile
Other Current Liabilities14.6 B13.9 B6.9 B
Slightly volatile
Total Current Liabilities14.7 B14 B7.2 B
Slightly volatile
Total Stockholder Equity1.9 B1.8 B1.1 B
Slightly volatile
Property Plant And Equipment Net88.8 M174.7 M119.1 M
Slightly volatile
Retained Earnings1.6 B1.5 B728.2 M
Slightly volatile
Cash921.8 M877.9 M436.4 M
Slightly volatile
Non Current Assets Total15.6 B14.9 B5.8 B
Slightly volatile
Cash And Short Term Investments1.8 B1.2 B3.1 B
Slightly volatile
Common Stock Shares Outstanding112.8 M128.9 M152.4 M
Slightly volatile
Liabilities And Stockholders Equity16.9 B16.1 B9.1 B
Slightly volatile
Other Stockholder Equity832.4 M792.7 M485.1 M
Slightly volatile
Total Liabilities14.9 B14.2 BB
Slightly volatile
Property Plant And Equipment Gross341.3 M325.1 M170.8 M
Slightly volatile
Total Current Assets1.9 B1.2 B3.3 B
Slightly volatile
Short and Long Term Debt Total288.9 M226.6 M398.7 M
Very volatile
Other Current Assets879.2 M483.4 M676.2 M
Slightly volatile
Short Term Debt83 M87.4 M367.2 M
Pretty Stable
Common Stock Total Equity1.2 M1.3 M6.8 M
Slightly volatile
Common Stock1.2 M1.3 M6.8 M
Slightly volatile
Other Liabilities41.1 M41.4 M46.4 M
Pretty Stable
Accounts Payable20.8 M21.9 M937.6 M
Very volatile
Good Will378.5 M360.5 M201.3 M
Slightly volatile
Short Term Investments247.1 M260.1 M2.7 B
Pretty Stable
Inventory2.1 M2.2 M4.3 M
Slightly volatile
Intangible Assets268.5 M282.6 M83.5 M
Slightly volatile
Property Plant Equipment97.1 M175.9 M120.6 M
Slightly volatile
Net Tangible Assets861.9 M1.1 B825.9 M
Slightly volatile
Net Receivables3.2 B4.8 B3.4 B
Slightly volatile
Retained Earnings Total Equity1.4 B1.3 B685.7 M
Slightly volatile
Capital Surpluse463.2 M779.2 M474.8 M
Slightly volatile
Long Term Investments3.5 B5.3 B3.3 B
Slightly volatile
Non Current Liabilities Other50.3 M41.4 M44.6 M
Very volatile
Short and Long Term Debt383.2 M380.6 M263.4 M
Slightly volatile
Long Term Debt Total372.2 M421.8 M502.7 M
Slightly volatile
Earning Assets3.5 BB3.2 B
Slightly volatile
Net Invested Capital2.1 BB776.6 M
Slightly volatile
Capital Stock1.4 M1.6 MM
Slightly volatile

First Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization9.6 M15.4 M10.5 M
Slightly volatile
Interest Expense244.1 M232.5 M57.8 M
Slightly volatile
Selling General Administrative196.5 M187.1 M112.3 M
Slightly volatile
Total Revenue892.6 M850.1 M433 M
Slightly volatile
Gross Profit631.8 M601.7 M375.7 M
Slightly volatile
Other Operating Expenses564.3 M537.5 M237.6 M
Slightly volatile
Operating Income328.3 M312.6 M186.8 M
Slightly volatile
EBIT328.3 M312.6 M186.8 M
Slightly volatile
EBITDA344.5 M328.1 M197.6 M
Slightly volatile
Cost Of Revenue260.8 M248.4 M57.5 M
Slightly volatile
Total Operating Expenses303.5 M289.1 M180.3 M
Slightly volatile
Income Before Tax328.3 M312.6 M186.8 M
Slightly volatile
Net Income269.9 M257 M151.7 M
Slightly volatile
Income Tax Expense58.4 M55.6 M35.1 M
Slightly volatile
Net Income Applicable To Common Shares283.1 M269.6 M156.8 M
Slightly volatile
Selling And Marketing Expenses3.1 M3.3 MM
Pretty Stable
Net Income From Continuing Ops153.8 M257 M147.5 M
Slightly volatile
Extraordinary Items567.7 K597.6 K3.6 M
Slightly volatile
Tax Provision41.1 M55.6 M36.9 M
Slightly volatile
Net Interest Income350.7 M494.2 M301.2 M
Slightly volatile
Interest Income401.9 M726.7 M346.5 M
Slightly volatile
Reconciled Depreciation13.7 M15.4 M12.9 M
Pretty Stable

First Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow353.7 M336.9 M190.9 M
Slightly volatile
Begin Period Cash Flow647.9 M617.1 M368.6 M
Slightly volatile
Depreciation10 M15.4 M11.2 M
Slightly volatile
Other Non Cash Items70.6 M67.3 M41.8 M
Slightly volatile
Capital Expenditures11.4 M19.2 M15.2 M
Slightly volatile
Total Cash From Operating Activities373.9 M356.1 M206.6 M
Slightly volatile
Net Income269.9 M257 M151.6 M
Slightly volatile
End Period Cash Flow921.8 M877.9 M428 M
Slightly volatile
Stock Based CompensationM5.7 M2.6 M
Slightly volatile
Change To Netincome108 M102.9 M56.3 M
Slightly volatile
Issuance Of Capital Stock4.5 M4.9 M4.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.926.278.4922
Very volatile
Dividend Yield0.02610.0230.0181
Pretty Stable
PTB Ratio2.282.883.3894
Pretty Stable
Book Value Per Share10.6310.127.6781
Slightly volatile
Free Cash Flow Yield0.06970.06540.0533
Slightly volatile
Operating Cash Flow Per Share2.051.951.4242
Slightly volatile
Stock Based Compensation To Revenue0.00540.0060.0064
Pretty Stable
Capex To Depreciation0.871.121.3472
Slightly volatile
PB Ratio2.282.883.3894
Pretty Stable
EV To Sales4.675.588.5543
Very volatile
Free Cash Flow Per Share1.941.851.3145
Slightly volatile
ROIC0.110.140.0974
Slightly volatile
Net Income Per Share1.481.411.0472
Slightly volatile
Payables Turnover1.852.082.2658
Slightly volatile
Sales General And Administrative To Revenue0.20.22010.2681
Slightly volatile
Capex To Revenue0.03460.02040.0449
Slightly volatile
Cash Per Share9.786.6322.7438
Pretty Stable
POCF Ratio9.1714.9718.0602
Slightly volatile
Interest Coverage1.151.2114.7708
Slightly volatile
Payout Ratio0.470.530.4096
Slightly volatile
Capex To Operating Cash Flow0.090.06210.0998
Slightly volatile
PFCF Ratio12.315.8220.2892
Slightly volatile
Days Payables Outstanding127142155
Slightly volatile
Income Quality1.071.251.3478
Slightly volatile
ROE0.150.160.1385
Slightly volatile
EV To Operating Cash Flow7.8613.3217.9948
Slightly volatile
PE Ratio16.4320.7324.7616
Slightly volatile
Return On Tangible Assets0.0130.01470.0166
Very volatile
EV To Free Cash Flow10.914.0820.2088
Slightly volatile
Earnings Yield0.05980.04990.0439
Pretty Stable
Intangibles To Total Assets0.01520.02020.0205
Slightly volatile
Current Ratio0.07390.07780.4316
Slightly volatile
Tangible Book Value Per Share8.558.156.2871
Slightly volatile
Graham Number18.8117.9113.4326
Slightly volatile
Shareholders Equity Per Share10.6310.127.6781
Slightly volatile
Debt To Equity0.10.110.4095
Slightly volatile
Capex Per Share0.0630.110.1083
Very volatile
Revenue Per Share4.894.662.9533
Slightly volatile
Interest Debt Per Share1.582.523.18
Pretty Stable
Debt To Assets0.0120.01270.0499
Slightly volatile
Enterprise Value Over EBITDA10.314.4617.8871
Pretty Stable
Short Term Coverage Ratios3.964.691.3704
Slightly volatile
Price Earnings Ratio16.4320.7324.7616
Slightly volatile
Price Book Value Ratio2.282.883.3894
Pretty Stable
Days Of Payables Outstanding127142155
Slightly volatile
Dividend Payout Ratio0.470.530.4096
Slightly volatile
Price To Operating Cash Flows Ratio9.1714.9718.0602
Slightly volatile
Price To Free Cash Flows Ratio12.315.8220.2892
Slightly volatile
Pretax Profit Margin0.30.330.4306
Pretty Stable
Ebt Per Ebit0.80.910.9884
Slightly volatile
Operating Profit Margin0.30.330.4302
Pretty Stable
Effective Tax Rate0.290.20.2142
Slightly volatile
Company Equity Multiplier9.6110.018.4403
Pretty Stable
Long Term Debt To Capitalization0.06670.08060.0453
Very volatile
Total Debt To Capitalization0.190.09830.273
Slightly volatile
Return On Capital Employed0.20.170.1694
Very volatile
Debt Equity Ratio0.10.110.4095
Slightly volatile
Ebit Per Revenue0.30.330.4302
Pretty Stable
Quick Ratio0.07390.07780.4316
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.882.332.5372
Pretty Stable
Net Income Per E B T0.590.740.7796
Very volatile
Cash Ratio0.07960.07210.0615
Slightly volatile
Operating Cash Flow Sales Ratio0.30.380.4656
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.740.850.8855
Pretty Stable
Cash Flow Coverage Ratios1.721.810.762
Slightly volatile
Price To Book Ratio2.282.883.3894
Pretty Stable
Fixed Asset Turnover2.454.383.0841
Slightly volatile
Capital Expenditure Coverage Ratio17.516.6712.7853
Slightly volatile
Price Cash Flow Ratio9.1714.9718.0602
Slightly volatile
Enterprise Value Multiple10.314.4617.8871
Pretty Stable
Debt Ratio0.0120.01270.0499
Slightly volatile
Cash Flow To Debt Ratio1.721.810.762
Slightly volatile
Price Sales Ratio4.926.278.4922
Very volatile
Return On Assets0.01290.01440.0163
Very volatile
Asset Turnover0.06560.06080.0495
Pretty Stable
Net Profit Margin0.230.270.3429
Very volatile
Gross Profit Margin0.660.640.8728
Slightly volatile
Price Fair Value2.282.883.3894
Pretty Stable
Return On Equity0.150.160.1385
Slightly volatile

First Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.8 B6.5 B5.8 B
Slightly volatile
Enterprise ValueB6.6 B6.5 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings24.57
Cash And Short Term Investments1.1 B

First Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Financial Financial Statements

First Financial investors utilize fundamental indicators, such as revenue or net income, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-13.2 M-13.8 M
Total Revenue850.1 M892.6 M
Cost Of Revenue248.4 M260.8 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.22  0.20 
Capex To Revenue 0.02  0.03 
Revenue Per Share 4.66  4.89 
Ebit Per Revenue 0.33  0.30 

Pair Trading with First Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Financial will appreciate offsetting losses from the drop in the long position's value.

Moving against First Stock

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The ability to find closely correlated positions to First Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Financial Bankshares to buy it.
The correlation of First Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Financial Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Financial Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Financial Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bankshares Stock:
Check out the analysis of First Financial Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Financial guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Financial. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.74
Earnings Share
1.69
Revenue Per Share
4.069
Quarterly Revenue Growth
0.026
The market value of First Financial Bank is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Financial's market value can be influenced by many factors that don't directly affect First Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.