FFIN
First Financial Bankshares, Inc.
FFIN's fundamentals are strong and it looks cheap: trading at 15x earnings, below its usual 23x. Analysts expect earnings growth.
FFIN Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
FFIN's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like FFIN.
FFIN PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $30.26 | — |
| Current | 15x | $30.26 | — |
| Cheap | 18x | $37.29 | +23% |
| Fair | 23x | $47.10 | +56% |
| Expensive | 30x | $60.74 | +101% |
Historical ranges are pointers, not guarantees.
FFIN's PE is in its cheap range at 15x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
FFIN Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for FFIN, with profitability holding steady.
FFIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.10 | +3.3% |
| Q3 2026 | $2.03 | +20% |
| Q2 2026 | $1.87 | +8.7% |
| Q1 2026 | $1.84 | +14% |
| Q4 2025 | $1.77 | +13% |
| Q3 2025 | $1.69 | +17% |
| Q2 2025 | $1.72 | +23% |
| Q1 2025 | $1.62 | +17% |
| Q4 2024 | $1.56 | +12% |
FFIN's earnings per share have climbed steadily: $2.03 over the past year, up 20% from the year before, and higher year over year for eight quarters in a row.
FFIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $174.1M | +8% |
| Q2 2026 | $172.8M | +10% |
| Q1 2026 | $166.9M | +12% |
| Q4 2025 | $164.7M | +12% |
| Q3 2025 | $161.3M | +16% |
| Q2 2025 | $156.6M | +16% |
| Q1 2025 | $149M | +15% |
| Q4 2024 | $147.1M | +23% |
FFIN's revenue has grown year over year for 11 quarters in a row: $174M last quarter, up 8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 52% | +13 points |
| Q2 2026 | 51% | -1.6 points |
| Q1 2026 | 53% | +2.2 points |
| Q4 2025 | 54% | +2.7 points |
| Q3 2025 | 39% | -9.1 points |
| Q2 2025 | 52% | +4.9 points |
| Q1 2025 | 50% | +0.4 points |
| Q4 2024 | 52% | +4.8 points |
FFIN's operating margin was 52% last quarter, up 13 points from the same quarter a year ago.
FFIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $86.3M | +3.2% |
| Q2 2026 | $75.2M | +28% |
| Q1 2026 | $97.5M | +31% |
| Q4 2025 | $68.9M | -14% |
| Q3 2025 | $83.7M | +7.7% |
| Q2 2025 | $58.7M | -8% |
| Q1 2025 | $74.7M | +4.2% |
| Q4 2024 | $79.7M | +45% |
FFIN's free cash flow was $328M over the past year, up 10% from the year before. Free cash flow isn't a meaningful measure for financial services companies like FFIN.
FFIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +28.2K shares |
| 1 year | +0.2% | +252K shares |
| 3 years | +0.4% | +577K shares |
| 5 years | +0.4% | +508K shares |
| Available history | +5.4% | +7.4M shares |
FFIN has 144M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2023 | $1,000 |
| Q3 2023 | $2.7M |
| Q4 2022 | — |
| Q3 2022 | $2M |
| Q4 2020 | — |
| Q3 2020 | — |
FFIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.7x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.0x | Net Cash |
FFIN has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like FFIN.
FFIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.4 | Neutral |
| Stochastic | 14.7 | Oversold |
FFIN's weekly RSI is 36 (neutral) and its Stochastic is 15 (oversold).
FFIN PE vs Financial Services Sector
| Metric | FFIN | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 13x | 15% above |
| PE % | 0 | 63 | 63 pts below |
FFIN is trading at 15x earnings, a 15% premium to the Financial Services sector's median of 13x.
FFIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $30.9 | 2.1% below |
| 20 week MA | $32.9 | 8.1% below |
| 50 week MA | $32.3 | 6.2% below |
| 100 week MA | $33.6 | 10% below |
| 200 week MA | $32.6 | 7.1% below |
FFIN is in a downtrend: it's below all five of its weekly moving averages, and 7.1% below its 200-week average.
FFIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $35.3 | $35.8 | +1.4% |
| 2021 | $35.8 | $50.2 | +40% |
| 2022 | $50.2 | $33.7 | -33% |
| 2023 | $33.7 | $30.3 | -10% |
| 2024 | $30.3 | $36.2 | +19% |
| 2025 | $36.2 | $30.9 | -15% |
| 2026 YTD | $30.9 | $30.3 | -1.9% |
FFIN has finished lower in three of the last six years. It's down 1.9% so far in 2026.