First Financial Bankshares Reports Q4 EPS of $0.51 on Revenue of $164.7M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Highlights: First Financial Bankshares reported a Q4 GAAP EPS of $0.51 and revenue of $164.7 million, indicating stability in revenue growth despite facing market challenges.
- Credit Risk Assessment: Analysts suggest that the credit misstep at First Financial Bankshares is likely a one-off event, providing investor confidence and indicating the company's potential in risk management.
- Upgrade Necessity: Market analysis indicates that First Financial Bankshares needs to lower its valuation to justify an upgrade, reflecting cautious investor sentiment regarding the company's future growth, which may impact its stock performance.
- Quant Rating Insight: Seeking Alpha's quant rating on First Financial Bankshares highlights market attention to its financial performance, although the current rating has not significantly improved, it still serves as a reference for investors.
Analyst Views on FFIN
Wall Street analysts forecast FFIN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FFIN is 36.00 USD with a low forecast of 36.00 USD and a high forecast of 36.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 33.810
Low
36.00
Averages
36.00
High
36.00
Current: 33.810
Low
36.00
Averages
36.00
High
36.00
About FFIN
First Financial Bankshares, Inc. is a financial holding company. The Company, through its wholly owned subsidiary, First Financial Bank (the Bank), operates multiple banking regions with approximately 79 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland and others. The Bank provides general commercial banking services, which include accepting and holding checking, savings and time deposits, making loans, offering automated teller machines (ATMs), drive-in and night deposit services, safe deposit facilities, remote deposit capture, Internet banking, mobile banking, payroll cards, funds transfer, and performing other customary commercial banking services. The Company also operates First Financial Trust and Asset Management Company, with nine locations and First Technology Services, Inc., a technology operating company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
