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.