First Property Plant And Equipment Net from 2010 to 2024

FFIN Stock  USD 43.05  0.28  0.65%   
First Financial Property Plant And Equipment Net yearly trend continues to be very stable with very little volatility. Property Plant And Equipment Net is likely to drop to about 86.2 M. Property Plant And Equipment Net is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects First Financial's investment in assets used for production. View All Fundamentals
 
Property Plant And Equipment Net  
First Reported
1993-12-31
Previous Quarter
153.1 M
Current Value
151.2 M
Quarterly Volatility
42.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 866.4 K, Interest Expense of 151.5 M or Selling General Administrative of 152.2 M, as well as many indicators such as Price To Sales Ratio of 5.6, Dividend Yield of 0.0264 or PTB Ratio of 2.26. First financial statements analysis is a perfect complement when working with First Financial Valuation or Volatility modules.
  
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.

Latest First Financial's Property Plant And Equipment Net Growth Pattern

Below is the plot of the Property Plant And Equipment Net of First Financial Bankshares over the last few years. It is the total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production. First Financial's Property Plant And Equipment Net historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Financial's overall financial position and show how it may be relating to other accounts over time.
Property Plant And Equipment Net10 Years Trend
Slightly volatile
   Property Plant And Equipment Net   
       Timeline  

First Property Plant And Equipment Net Regression Statistics

Arithmetic Mean113,078,178
Geometric Mean105,585,244
Coefficient Of Variation30.75
Mean Deviation27,460,853
Median122,685,000
Standard Deviation34,773,042
Sample Variance1209.2T
Range125.8M
R-Value0.73
Mean Square Error611.7T
R-Squared0.53
Significance0
Slope5,661,795
Total Sum of Squares16928.3T

First Property Plant And Equipment Net History

202486.2 M
2023151.8 M
2022153 M
2021149.8 M
2020142.3 M
2019131 M
2018133.4 M

About First Financial Financial Statements

First Financial investors utilize fundamental indicators, such as Property Plant And Equipment Net, 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
Property Plant And Equipment Net151.8 M86.2 M

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 together with First Stock

  0.92AX Axos FinancialPairCorr
  0.91BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.94PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against First Stock

  0.35CFG-PE Citizens FinancialPairCorr
  0.34TFC-PO Truist FinancialPairCorr
  0.31WF Woori Financial GroupPairCorr
  0.31TFC-PR Truist FinancialPairCorr
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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
0.115
Dividend Share
0.72
Earnings Share
1.45
Revenue Per Share
3.574
Quarterly Revenue Growth
0.112
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.