First Financial Bankshares (FFIN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

First Financial Bankshares

NasdaqGS•Financial Services•Banks - Regional

$33.32-0.31(-0.01%)Pre-market

Market Cap

$4.70B

P/E

17.5x

P/S

5.4x

P/B

2.4x

First Financial Bankshares, Inc., through its subsidiaries, provides banking services in the United States. The company offers general commercial banking services, including checking, savings and time deposits, loans, automated teller machines, drive-in and night deposit services, safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and other customary commercial banking service, as well as securities brokerage services. It also provides personal trust services, such as wealth management; administration of estates, oil and gas management; farm and ranch; property management; testamentary trusts; revocable and irrevocable trusts; and agency accounts. In addition, the company offers commercial and industrial; municipal; agricultural; construction and development; farm; residential; consumer auto and non-auto; and non-owner occupied and owner occupied commercial real estate loans. Further, it provides advice and specialized services related to lending, investing, purchasing, advertising, public relations, and technology services. First Financial Bankshares, Inc. was founded in 1890 and is headquartered in Abilene, Texas.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Cash & Earnings Quality (23/25); weakest: Balance Sheet & Red Flags (10/25).

Profitability20/25

Growth18/25

Balance Sheet & Red Flags10/25

Cash & Earnings Quality23/25

Strengths

Strong marginsCash-backed earningsConsistent free cash flowProfit converts from growth

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.5x5y range 15.8x – 32.0x

Currently near its 20-quarter median.

P/S · 5.4x5y range 4.9x – 14.1x

Currently near its 20-quarter median.

P/B · 2.4x5y range 2.1x – 5.3x

Price & Volume

Market Cap $4.70B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $867.02M
Q. Revenue: $221.80M
TTM EBITDA: $341.69M
TTM Op. Income: $328.01M
Q. Op. Income: $87.47M
TTM Net Income: $269.01M
Q. Net Income: $71.89M
EPS: $0.5
Shares Out.: $143.28M

$867.02M in TTM revenue grew 9.5% YoY, reaching $221.80M last quarter. TTM EBITDA of $341.69M and TTM operating income of $328.01M show growth is flowing through to the bottom line. TTM net income of $269.01M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 77.9%
EBITDA Margin: 39.5%
Op. Margin: 39.4%
Net Margin: 32.4%

Op. margin of 39.4% is down 0.3% YoY — costs are rising relative to revenue. Net margin at 32.4% and gross margin of 77.9% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 17.5x
P/S Ratio: 5.4x
P/B Ratio: 2.4x

At 17.5x P/E, the stock trades within typical market levels. P/S of 5.4x and P/B of 2.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 17% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $15.31B
Cash: $580.38M
Long-Term Debt: N/A
Book Value: $2.00B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $83.73M
TTM Free Cash Flow: $325.29M
FCF Margin: 37.5%
FCF / Net Income: 1.2

TTM FCF of $325.29M on $83.73M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.