First Financial Bankshares Stock Retained Earnings
| FFIN Stock | USD 42.79 1.36 3.28% |
First Financial Bankshares fundamentals help investors to digest information that contributes to First Financial's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Financial stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 1.2 B | 1.3 B | |
| Retained Earnings Total Equity | 1.3 B | 1.4 B |
First | Retained Earnings |
First Financial Bankshares Company Retained Earnings Analysis
First Financial's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current First Financial Retained Earnings | 1.22 B |
Most of First Financial's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Financial Bankshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for First Financial is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Retained Earnings. Since First Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Financial's interrelated accounts and indicators.
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First Retained Earnings Historical Pattern
Today, most investors in First Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's retained earnings growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of First Financial retained earnings as a starting point in their analysis.
First Financial Retained Earnings |
| Timeline |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, First Financial Bankshares has a Retained Earnings of 1.22 B. This is 92.01% lower than that of the Banks sector and significantly higher than that of the Financials industry. The retained earnings for all United States stocks is 86.93% higher than that of the company.
First Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Financial's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Financial could also be used in its relative valuation, which is a method of valuing First Financial by comparing valuation metrics of similar companies.First Financial is currently under evaluation in retained earnings category among its peers.
First Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of First Financial from analyzing First Financial's financial statements. These drivers represent accounts that assess First Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.8B | 5.1B | 7.2B | 4.9B | 4.3B | 4.5B | |
| Enterprise Value | 4.9B | 4.8B | 7.4B | 5.2B | 3.8B | 4.0B |
First Financial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, First Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Financial's managers, analysts, and investors.Environmental | Governance | Social |
First Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0157 | |||
| Profit Margin | 0.41 % | |||
| Operating Margin | 0.55 % | |||
| Current Valuation | 5.66 B | |||
| Shares Outstanding | 141.98 M | |||
| Shares Owned By Insiders | 4.08 % | |||
| Shares Owned By Institutions | 76.54 % | |||
| Number Of Shares Shorted | 7.54 M | |||
| Price To Earning | 23.90 X | |||
| Price To Book | 3.47 X | |||
| Price To Sales | 11.53 X | |||
| Revenue | 634.55 M | |||
| Gross Profit | 515.65 M | |||
| EBITDA | 243.3 M | |||
| Net Income | 198.98 M | |||
| Cash And Equivalents | 365.78 M | |||
| Cash Per Share | 2.57 X | |||
| Total Debt | 21.05 M | |||
| Debt To Equity | 7.28 % | |||
| Book Value Per Share | 11.71 X | |||
| Cash Flow From Operations | 284.82 M | |||
| Short Ratio | 19.33 X | |||
| Earnings Per Share | 1.45 X | |||
| Price To Earnings To Growth | 2.69 X | |||
| Target Price | 39.25 | |||
| Number Of Employees | 1.4 K | |||
| Beta | 0.79 | |||
| Market Capitalization | 5.88 B | |||
| Total Asset | 13.11 B | |||
| Retained Earnings | 1.22 B | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.41 % | |||
| Net Asset | 13.11 B | |||
| Last Dividend Paid | 0.72 |
About First Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Financial Bankshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Financial Bankshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.9 | AX | Axos Financial | PairCorr |
| 0.89 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.93 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against First Stock
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.Check out First Financial Piotroski F Score and First Financial Altman Z Score analysis. To learn how to invest in First Stock, please use our How to Invest in First Financial guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market 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.