First Financial Statements From 2010 to 2024

FFIN Stock  USD 30.51  0.09  0.30%   
First Financial financial statements provide useful quarterly and yearly information to potential First Financial Bankshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Financial financial statements helps investors assess First Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Financial's valuation are summarized below:
Gross Profit
515.7 M
Profit Margin
0.409
Market Capitalization
4.3 B
Revenue
488.5 M
Earnings Share
1.39
We have found one hundred twenty available fundamental signals for First Financial Bankshares, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify First Financial's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 24th of April 2024, Market Cap is likely to grow to about 4.5 B. Also, Enterprise Value is likely to grow to about 4.4 B

First Financial Total Revenue

666.28 Million

Check First Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Depreciation And Amortization of 866.4 K, Interest Expense of 151.5 M or Selling General Administrative of 152.2 M, as well as many exotic indicators such as Price To Sales Ratio of 5.54, Dividend Yield of 0.0264 or PTB Ratio of 2.26. First financial statements analysis is a perfect complement when working with First Financial Valuation or Volatility modules.
  
This module can also supplement First Financial's financial leverage analysis and stock options assessment as well as various First Financial Technical models . Check out the analysis of First Financial Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Financial guide.

First Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets13.8 B13.1 B8.1 B
Slightly volatile
Total Stockholder Equity1.6 B1.5 BB
Slightly volatile
Property Plant And Equipment Net86.2 M151.8 M113.1 M
Slightly volatile
Retained Earnings1.3 B1.2 B610.7 M
Slightly volatile
Cash563.4 M536.6 M361.3 M
Slightly volatile
Non Current Assets Total13.2 B12.6 B4.6 B
Slightly volatile
Cash And Short Term Investments5.3 BB3.5 B
Slightly volatile
Common Stock Shares Outstanding112 M142.9 M154.5 M
Slightly volatile
Liabilities And Stockholders Equity13.8 B13.1 B8.1 B
Slightly volatile
Other Stockholder Equity702.9 M669.4 M441.5 M
Slightly volatile
Total Liabilities12.2 B11.6 B5.3 B
Slightly volatile
Property Plant And Equipment Gross286.1 M272.5 M149.4 M
Slightly volatile
Total Current Assets510.2 M537.1 M3.3 B
Pretty Stable
Other Current Liabilities3.6 B3.5 BB
Pretty Stable
Total Current Liabilities2.1 B3.8 B3.1 B
Slightly volatile
Short and Long Term Debt Total276.4 M404.1 M398 M
Slightly volatile
Non Current Liabilities Total7.4 B7.8 BB
Slightly volatile
Other Current Assets879.2 M537.1 M698.4 M
Slightly volatile
Common Stock Total Equity1.2 M1.3 M7.5 M
Slightly volatile
Short Term Debt323.3 M383 M391.4 M
Slightly volatile
Common Stock1.2 M1.3 M7.5 M
Slightly volatile
Other Liabilities41.1 M41.4 M47.8 M
Pretty Stable
Accounts Payable20.8 M21.9 M1.1 B
Very volatile
Good Will378.5 M360.5 M186.3 M
Slightly volatile
Short Term Investments4.5 B4.7 B3.3 B
Slightly volatile
Inventory2.1 M2.2 M4.5 M
Slightly volatile
Intangible Assets298.9 M314.6 M50.5 M
Slightly volatile
Property Plant Equipment97.1 M175.9 M116.3 M
Slightly volatile
Net Tangible Assets861.9 M1.1 B809.4 M
Slightly volatile
Net Receivables3.2 B4.8 B3.3 B
Slightly volatile
Retained Earnings Total Equity1.4 B1.3 B627.5 M
Slightly volatile
Capital Surpluse463.2 M779.2 M447.7 M
Slightly volatile
Long Term Investments3.4 B4.7 B3.1 B
Slightly volatile
Non Current Liabilities Other50.3 M41.4 M45.7 M
Pretty Stable
Short and Long Term Debt383.2 M380.6 M254.4 M
Slightly volatile
Long Term Debt Total372.2 M421.8 M507.2 M
Slightly volatile
Earning Assets3.5 BB3.2 B
Slightly volatile
Net Invested Capital799 M1.5 B546.7 M
Slightly volatile
Capital Stock1.4 M1.6 M986.3 K
Slightly volatile

First Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization866.4 K912 K4.7 M
Pretty Stable
Interest Expense151.5 M144.3 M30.3 M
Slightly volatile
Selling General Administrative152.2 M145 M100.3 M
Slightly volatile
Total Revenue666.3 M634.5 M360.3 M
Slightly volatile
Gross Profit666.3 M634.5 M360.3 M
Slightly volatile
Other Operating Expenses255.5 M243.3 M160.6 M
Slightly volatile
Operating Income136.3 M243.3 M171.5 M
Slightly volatile
EBIT136.3 M243.3 M171.5 M
Slightly volatile
EBITDA142.9 M243.3 M176.6 M
Slightly volatile
Income Before Tax255.5 M243.3 M167.8 M
Slightly volatile
Net Income208.9 M199 M135.8 M
Slightly volatile
Income Tax Expense24.4 M44.3 M31.1 M
Slightly volatile
Net Income Applicable To Common Shares283.1 M269.6 M146.5 M
Slightly volatile
Selling And Marketing Expenses2.6 M2.8 M4.9 M
Pretty Stable
Net Income From Continuing Ops147.2 M199 M134.7 M
Slightly volatile
Extraordinary Items567.7 K597.6 KM
Slightly volatile
Tax Provision39.8 M44.3 M34.8 M
Slightly volatile
Net Interest Income337.1 M385.9 M278.9 M
Slightly volatile
Interest Income369.4 M530.1 M300 M
Slightly volatile
Reconciled Depreciation9.9 M12.6 M12.4 M
Slightly volatile

First Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow283.3 M269.8 M170 M
Slightly volatile
Begin Period Cash Flow266.3 M330.7 M315.4 M
Slightly volatile
Depreciation23.1 M22 M12.3 M
Slightly volatile
Other Non Cash Items62.3 M59.4 M38 M
Slightly volatile
Dividends Paid105 M100 M55 M
Slightly volatile
Capital Expenditures11.2 M17.3 M14.8 M
Pretty Stable
Total Cash From Operating Activities301.4 M287.1 M185.2 M
Slightly volatile
Net Income208.9 M199 M135.7 M
Slightly volatile
End Period Cash Flow285.2 M536.6 M333.2 M
Slightly volatile
Stock Based Compensation4.5 M4.3 M3.2 M
Slightly volatile
Change To Netincome108 M102.9 M51.8 M
Slightly volatile
Issuance Of Capital Stock4.5 M4.9 M4.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.546.81359.2719
Very volatile
Dividend Yield0.02640.02310.0177
Very volatile
PTB Ratio2.262.88443.4344
Pretty Stable
Book Value Per Share11.0310.50477.3039
Slightly volatile
Free Cash Flow Yield0.0710.06240.0524
Pretty Stable
Invested Capital0.360.26960.5232
Pretty Stable
Operating Cash Flow Per Share2.112.01181.3457
Slightly volatile
Stock Based Compensation To Revenue0.0070.00670.0075
Pretty Stable
PB Ratio2.262.88443.4344
Pretty Stable
EV To Sales5.146.60469.3054
Very volatile
Free Cash Flow Per Share1.991.89091.2343
Slightly volatile
ROIC0.190.10460.1123
Pretty Stable
Net Income Per Share1.461.39450.9872
Slightly volatile
Sales General And Administrative To Revenue0.330.22410.2948
Slightly volatile
Cash Per Share35.0836.92926.5297
Slightly volatile
POCF Ratio8.9415.061118.3145
Pretty Stable
Interest Coverage1.61.686517.9866
Pretty Stable
Payout Ratio0.470.50240.3982
Pretty Stable
PFCF Ratio12.1216.024120.7327
Slightly volatile
Income Quality1.071.44271.3537
Slightly volatile
ROE0.150.13270.137
Pretty Stable
EV To Operating Cash Flow7.5614.599518.2806
Pretty Stable
PE Ratio16.3421.728525.1395
Pretty Stable
Return On Tangible Assets0.0130.01560.0168
Pretty Stable
EV To Free Cash Flow10.6415.53320.6656
Slightly volatile
Earnings Yield0.06070.0460.0436
Very volatile
Intangibles To Total Assets0.0150.0240.0204
Slightly volatile
Current Ratio0.130.13973.1567
Slightly volatile
Tangible Book Value Per Share7.626.102818.1692
Slightly volatile
Graham Number19.0618.154712.7195
Slightly volatile
Shareholders Equity Per Share11.0310.50477.3039
Slightly volatile
Debt To Equity0.360.26960.5232
Pretty Stable
Revenue Per Share4.674.44712.6195
Slightly volatile
Interest Debt Per Share4.043.84294.207
Slightly volatile
Debt To Assets0.04380.03080.0647
Pretty Stable
Enterprise Value Over EBITDA18.0917.225517.3965
Slightly volatile
Short Term Coverage Ratios0.850.74950.7154
Slightly volatile
Price Earnings Ratio16.3421.728525.1395
Pretty Stable
Price Book Value Ratio2.262.88443.4344
Pretty Stable
Dividend Payout Ratio0.470.50240.3982
Pretty Stable
Price To Operating Cash Flows Ratio8.9415.061118.3145
Pretty Stable
Price To Free Cash Flows Ratio12.1216.024120.7327
Slightly volatile
Pretax Profit Margin0.350.38340.4617
Very volatile
Ebt Per Ebit0.540.810.8375
Very volatile
Operating Profit Margin0.730.38340.5487
Pretty Stable
Effective Tax Rate0.290.18220.221
Slightly volatile
Company Equity Multiplier9.618.74358.3182
Very volatile
Long Term Debt To Capitalization0.01320.01390.2799
Slightly volatile
Total Debt To Capitalization0.230.21230.325
Pretty Stable
Return On Capital Employed0.0250.02630.0281
Very volatile
Debt Equity Ratio0.360.26960.5232
Pretty Stable
Ebit Per Revenue0.730.38340.5487
Pretty Stable
Quick Ratio1.31.37073.0482
Slightly volatile
Dividend Paid And Capex Coverage Ratio6.53.47057.2825
Slightly volatile
Net Income Per E B T0.590.81780.7794
Pretty Stable
Cash Ratio0.130.13960.3725
Slightly volatile
Operating Cash Flow Sales Ratio0.350.45240.4967
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.740.93990.8834
Slightly volatile
Cash Flow Coverage Ratios0.890.71040.673
Slightly volatile
Price To Book Ratio2.262.88443.4344
Pretty Stable
Fixed Asset Turnover4.394.18052.9072
Slightly volatile
Price Cash Flow Ratio8.9415.061118.3145
Pretty Stable
Enterprise Value Multiple18.0917.225517.3965
Slightly volatile
Debt Ratio0.04380.03080.0647
Pretty Stable
Cash Flow To Debt Ratio0.890.71040.673
Slightly volatile
Price Sales Ratio5.546.81359.2719
Very volatile
Return On Assets0.01280.01520.0164
Pretty Stable
Asset Turnover0.05390.04840.0456
Very volatile
Net Profit Margin0.260.31360.3658
Pretty Stable
Price Fair Value2.262.88443.4344
Pretty Stable
Return On Equity0.150.13270.137
Pretty Stable

First Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.5 B4.3 B3.4 B
Slightly volatile
Enterprise Value4.4 B4.2 B3.4 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings20.4499
Cash And Short Term InvestmentsB

First Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Financial income statement, its balance sheet, and the statement of cash flows. First Financial investors use historical funamental indicators, such as First Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although First Financial investors may use each financial statement separately, they are all related. The changes in First Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue634.5 M666.3 M
Cost Of Revenue 0.00  0.00 
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.22  0.33 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.03)(0.03)
Revenue Per Share 4.45  4.67 
Ebit Per Revenue 0.38  0.73 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether First Financial Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Financial Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bankshares Stock:
Check out the analysis of First Financial Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Financial guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for First Stock analysis

When running First Financial's price analysis, check to measure First Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Financial is operating at the current time. Most of First Financial's value examination focuses on studying past and present price action to predict the probability of First Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Financial's price. Additionally, you may evaluate how the addition of First Financial to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Commodity Directory
Find actively traded commodities issued by global exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Is First Financial's industry 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
0.004
Dividend Share
0.72
Earnings Share
1.39
Revenue Per Share
3.423
Quarterly Revenue Growth
0.06
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.