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Thursday, February 25, 2021

First Financial: 4Q Earnings Snapshot

by AP News.

ABILENE, Texas (AP) _ First Financial Bankshares Inc. (FFIN) on Thursday reported fourth-quarter profit of $58.5 million.

The Abilene, Texas-based bank said it had earnings of 41 cents per share.

The commercial banker operating mostly in Texas posted revenue of $128.2 million in the period. Its revenue net of interest expense was $129.6 million, which fell short of Street forecasts.

For the year, the company reported profit of $202 million, or $1.42 per share. Revenue was reported as $501.1 million.

First Financial shares have risen 7.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $38.90, an increase of 13% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFIN at https://www.zacks.com/ap/FFIN

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