Overview
- TickerFFIN on Nasdaq1
- IndustryState Commercial Banks1
- HeadquartersAbilene1
- Websiteffin.com
- Legal formFor-Profit Corporation1
- Incorporated inTX4
- Business address400 Pine Street, Abilene, Tx 796014
- Filer categoryLarge accelerated filer4
- LEI549300XN3GTGOENGNV493
- StatusActive3
- LEI statusIssued and current3
- Registered addressC/O F SCOTT DUESER, 79601 Abilene, United States3
- Registered withCorporations Section (Texas Secretary of State), 00132026003
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest and fees on loans | $544.3M | $502.9M | $405.9M |
| Taxable | $106.0M | $81.6M | $79.9M |
| Exempt from federal income tax | $37.7M | $30.9M | $36.2M |
| Interest on federal funds sold and interest-bearing deposits in banks | $14.4M | $13.4M | $6.0M |
| Total income | $702.5M | $628.9M | $528.1M |
| Interest on deposits | $199.5M | $194.8M | $124.8M |
| Interest on borrowings | $2.1M | $7.4M | $19.4M |
| Total interest expense | $201.6M | $202.2M | $144.3M |
| Net interest income | $500.9M | $426.7M | $383.8M |
| PROVISION FOR CREDIT LOSSES | $28.6M | $13.8M | $10.6M |
| Net interest income after provisions for credit losses | $472.3M | $412.9M | $373.2M |
| Trust fees | $51.9M | $47.4M | $40.5M |
| Service charges on deposit accounts | $24.9M | $25.0M | $25.4M |
| Debit card fees | $21.3M | $21.1M | $21.7M |
| Credit card fees | $2.7M | $2.5M | $2.6M |
| Gain on sale and fees on mortgage loans | $15.6M | $13.2M | $11.9M |
| Net loss on sale of available-for-sale securities | $0 | $0 | -$7.1M |
| Net gain (loss) on sale of foreclosed assets | $31.0K | -$51.0K | $46.0K |
| Net gain on sale of assets | $6.0K | $484.0K | $1.5M |
| Interest on loan recoveries | $3.6M | $3.0M | $2.1M |
| Other | $10.8M | $11.3M | $9.4M |
| Total noninterest income | $130.7M | $124.0M | $108.0M |
| Salaries, commissions and employee benefits | $174.6M | $153.3M | $131.9M |
| Net occupancy expense | $14.3M | $14.6M | $13.8M |
| Equipment expense | $9.3M | $9.1M | $8.5M |
| FDIC insurance premiums | $6.5M | $6.5M | $7.7M |
| Debit card expense | $13.5M | $12.8M | $12.9M |
| Professional and service fees | $11.2M | $10.7M | $9.8M |
| Printing, stationery and supplies | $1.9M | $1.4M | $2.5M |
| Operational and other losses | $4.8M | $3.7M | $3.8M |
| Software amortization and expense | $16.5M | $13.5M | $10.3M |
| Amortization of intangible assets | $352.0K | $618.0K | $912.0K |
| Other | $40.5M | $38.9M | $35.7M |
| Total noninterest expense | $293.4M | $265.1M | $237.9M |
| Earnings before income taxes | $309.6M | $271.8M | $243.3M |
| Effective income tax rate ,Amount | $56.0M | $48.3M | $44.3M |
| Net earnings | $253.6M | $223.5M | $199.0M |
| NET EARNINGS PER SHARE, BASIC | $1.77 | $1.56 | $1.39 |
| NET EARNINGS PER SHARE, DILUTED | $1.77 | $1.56 | $1.39 |
| DIVIDENDS PER SHARE | $0.75 | $0.72 | $0.71 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| CASH AND DUE FROM BANKS | $249.5M | $260.0M | ||
| FEDERAL FUNDS SOLD | $1.6M | $0 | ||
| INTEREST-BEARING DEMAND DEPOSITS IN BANKS | $826.9M | $503.4M | ||
| Total cash and cash equivalents | $1.1B | $763.4M | ||
| SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,856,138 and $5,155,305 as of December 31, 2025 and 2024, respectively) | $5.5B | $4.6B | ||
| Held-for-investment | $8.2B | $7.9B | ||
| Less - allowance for credit losses | -$105.5M | -$98.3M | ||
| Net loans held-for-investment | $8.1B | $7.8B | ||
| Held-for-sale ($25,431 and $7,793 at fair value as of December 31, 2025 and 2024, respectively) | $30.0M | $8.2M | ||
| BANK PREMISES AND EQUIPMENT, net | $150.0M | $151.9M | ||
| INTANGIBLE ASSETS, net | $313.7M | $314.0M | ||
| OTHER ASSETS | $308.0M | $309.3M | ||
| Total assets | $15.4B | $14.0B | ||
| NONINTEREST-BEARING DEPOSITS | $3.4B | $3.3B | ||
| INTEREST-BEARING DEPOSITS | $9.9B | $8.8B | ||
| Total deposits | $13.3B | $12.1B | ||
| DIVIDENDS PAYABLE | $27.2M | $25.8M | ||
| REPURCHASE AGREEMENTS | $63.0M | $61.4M | ||
| BORROWINGS | $21.7M | $135.6M | ||
| OTHER LIABILITIES | $71.8M | $50.9M | ||
| Total liabilities | $13.5B | $12.4B | ||
| COMMON STOCK- $0.01 par value; authorized 200,000,000 shares; 143,213,102 and 142,944,704 shares issued at December 31, 2025 and 2024, respectively | $1.4M | $1.4M | ||
| CAPITAL SURPLUS | $699.6M | $689.3M | ||
| RETAINED EARNINGS | $1.5B | $1.3B | ||
| TREASURY STOCK (shares at cost: 936,268 and 929,735 at December 31, 2025 and 2024, respectively) | -$14.3M | -$12.9M | ||
| DEFERRED COMPENSATION | $14.3M | $12.9M | ||
| ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net | -$269.9M | -$424.3M | ||
| Total shareholders equity | $1.9B | $1.6B | $1.5B | $1.3B |
| Total liabilities and shareholders equity | $15.4B | $14.0B | ||
| Securities, available-for-sale, amortized cost | $5.9B | $5.2B | ||
| Loans held-for-sale, fair value | $25.4M | $7.8M | ||
| Common stock, par value | $0.01 | $0.01 | ||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued | 143.2M shares | 142.9M shares | ||
| Treasury stock, shares | 936.3K shares | 929.7K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| CASH AND DUE FROM BANKS | $249.5M | $260.0M | ||
| FEDERAL FUNDS SOLD | $1.6M | $0 | ||
| INTEREST-BEARING DEMAND DEPOSITS IN BANKS | $826.9M | $503.4M | ||
| Total cash and cash equivalents | $1.1B | $763.4M | ||
| SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,856,138 and $5,155,305 as of December 31, 2025 and 2024, respectively) | $5.5B | $4.6B | ||
| Held-for-investment | $8.2B | $7.9B | ||
| Less - allowance for credit losses | -$105.5M | -$98.3M | ||
| Net loans held-for-investment | $8.1B | $7.8B | ||
| Held-for-sale ($25,431 and $7,793 at fair value as of December 31, 2025 and 2024, respectively) | $30.0M | $8.2M | ||
| BANK PREMISES AND EQUIPMENT, net | $150.0M | $151.9M | ||
| INTANGIBLE ASSETS, net | $313.7M | $314.0M | ||
| OTHER ASSETS | $308.0M | $309.3M | ||
| Total assets | $15.4B | $14.0B | ||
| NONINTEREST-BEARING DEPOSITS | $3.4B | $3.3B | ||
| INTEREST-BEARING DEPOSITS | $9.9B | $8.8B | ||
| Total deposits | $13.3B | $12.1B | ||
| DIVIDENDS PAYABLE | $27.2M | $25.8M | ||
| REPURCHASE AGREEMENTS | $63.0M | $61.4M | ||
| BORROWINGS | $21.7M | $135.6M | ||
| OTHER LIABILITIES | $71.8M | $50.9M | ||
| Total liabilities | $13.5B | $12.4B | ||
| COMMON STOCK- $0.01 par value; authorized 200,000,000 shares; 143,213,102 and 142,944,704 shares issued at December 31, 2025 and 2024, respectively | $1.4M | $1.4M | ||
| CAPITAL SURPLUS | $699.6M | $689.3M | ||
| RETAINED EARNINGS | $1.5B | $1.3B | ||
| TREASURY STOCK (shares at cost: 936,268 and 929,735 at December 31, 2025 and 2024, respectively) | -$14.3M | -$12.9M | ||
| DEFERRED COMPENSATION | $14.3M | $12.9M | ||
| ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net | -$269.9M | -$424.3M | ||
| Total shareholders equity | $1.9B | $1.6B | $1.5B | $1.3B |
| Total liabilities and shareholders equity | $15.4B | $14.0B | ||
| Securities, available-for-sale, amortized cost | $5.9B | $5.2B | ||
| Loans held-for-sale, fair value | $25.4M | $7.8M | ||
| Common stock, par value | $0.01 | $0.01 | ||
| Common stock, shares authorized | 200.0M shares | 200.0M shares | ||
| Common stock, shares issued | 143.2M shares | 142.9M shares | ||
| Treasury stock, shares | 936.3K shares | 929.7K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earnings | $253.6M | $223.5M | $199.0M |
| Depreciation and amortization | $13.7M | $13.4M | $12.6M |
| Provision for credit losses | $28.6M | $13.8M | $10.6M |
| Securities premium amortization, net | $38.0M | $44.7M | $52.3M |
| (Gain) loss on sale of securities and other assets, net | -$37.0K | -$433.0K | $5.5M |
| Stock-based compensation | $6.9M | $4.9M | $4.3M |
| Net tax benefit from stock-based compensation | $493.0K | $361.0K | $319.0K |
| Deferred federal income tax benefit | -$548.0K | -$620.0K | -$359.0K |
| Change in loans held-for-sale | -$21.1M | $5.9M | -$2.2M |
| Change in other assets | -$21.7M | -$7.1M | -$3.9M |
| Change in other liabilities | $1.5M | $11.2M | $6.7M |
| Total adjustments | $45.9M | $86.1M | $85.8M |
| Net cash provided by operating activities | $299.4M | $309.6M | $284.8M |
| Sales | $0 | $0 | $411.1M |
| Maturities | $8.1B | $6.6B | $4.4B |
| Purchases | -$8.9B | -$6.6B | -$4.0B |
| Net increase in loans held-for-investment | -$267.0M | -$765.7M | -$708.4M |
| Purchases of bank premises and equipment | -$13.4M | -$16.7M | -$17.3M |
| Proceeds from sale of bank premises and equipment and other assets | $3.1M | $1.9M | $3.8M |
| Net cash provided by (used in) investing activities | -$1.0B | -$736.9M | $127.3M |
| Net increase (decrease) in noninterest-bearing deposits | $53.0M | -$87.5M | -$626.2M |
| Net increase in interest-bearing deposits | $1.2B | $1.0B | $759.0M |
| Net increase (decrease) in repurchase agreements and borrowings | -$112.4M | -$207.1M | -$238.4M |
| Proceeds from stock option exercises/stock unit conversions/restricted stock activity | $3.4M | $3.2M | $2.1M |
| Dividends paid | -$106.0M | -$102.9M | -$100.0M |
| Repurchase of stock | $0 | $0 | -$2.7M |
| Net cash provided by (used in) financing activities | $1.0B | $654.1M | -$206.2M |
| NET INCREASE IN CASH AND CASH EQUIVALENTS | $314.6M | $226.8M | $205.9M |
| Interest paid | $202.8M | $205.5M | $135.2M |
| Taxes paid | $61.1M | $41.1M | $46.7M |
| Assets acquired through foreclosure | $2.5M | $1.9M | $499.0K |
| Net increase in capital commitments relating to low-income housing project investments | $21.1M | $0 | $0 |
No quarter-by-quarter statement was filed.
Compare First Financial Bankshares, Inc. with another company
Corporate structure
First Financial Bankshares, Inc. sits at the top of its group. 7 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of First Financial Bankshares, Inc.
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on First Financial Bankshares, Inc., latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on First Financial Bankshares, Inc., latest Mar 26, 2026 (5 filings since Feb 10, 2022)
- BlackRock Filed SC 13G/A on First Financial Bankshares, Inc., latest Jan 24, 2024 (5 filings since Jan 25, 2022)
- First Financial Bankshares, Inc. Abilene, Texas, United States
- FFB Investment Paris Fund, LLC Subsidiary · Texas, United States
- FFB Portfolio Management, Inc. Subsidiary · Texas, United States
- First Financial Bank Subsidiary · Abilene, Texas, United States
- First Financial Insurance Agency, Inc. Subsidiary · Texas, United States
- FIRST FINANCIAL TRUST & ASSET MANAGEMENT COMPANY Subsidiary · Abilene, Texas, United States
- First Technology Services, Inc. Subsidiary · Texas, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What First Financial Bankshares, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $270.5M10 Dec 31, 2025 | $282.7M10 Dec 31, 2024 | −4.3% |
| Accumulated depreciation | $120.6M10 Dec 31, 2025 | $130.8M10 Dec 31, 2024 | −7.8% |
| Property and equipment, net | $150.0M10 Dec 31, 2025 | $151.9M10 Dec 31, 2024 | −1.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Debt securities available for sale | $5.5B10 Dec 31, 2025 | $4.6B10 Dec 31, 2024 | +19.4% |
| Deposits held (banks) | $13.3B10 Dec 31, 2025 | $12.1B10 Dec 31, 2024 | +10.3% |
Intangibles and goodwill
Properties, in its own words
Our principal office is located in the First Financial Bank Building at 400 Pine Street in downtown Abilene, Texas. Our corporate offices lease two spaces in buildings owned by First Financial Bank totaling approximately 17,600 square feet. As of December 31, 2025, our subsidiaries collectively own 79 banking, trust and mortgage facilities, some of which are detached drive-ins, and also lease 11 banking facilities and 10 ATM locations. Our management considers all our existing locations to be well-suited for conducting the business of banking. We are in the process of constructing a new branch location in our existing markets in Franklin and Beaumont, Texas. We are also constructing a new motor bank that will replace an existing stand alone motor bank in Abilene, Texas.
Item 2 of the 10-K filed Feb 25, 2026.14
Leadership
Who has led First Financial Bankshares, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief executive officerDavid William Bailey Feb 4, 2026 to now15
- Chief executive officerKirk W. Thaxton Oct 29, 2015 to Dec 16, 202416
- Chief executive officerF. Scott Dueser May 4, 2005 to Oct 29, 201517
- ChairF. Scott Dueser Aug 3, 2009 to now18
- PresidentLon A. Biebighauser Jan 3, 2025 to Mar 25, 202519
- PresidentDavid William Bailey Mar 25, 2025 to now20
- PresidentF. Scott Dueser May 4, 2005 to Dec 16, 202417
- Chief financial officerJ. Kyle McVey Mar 17, 2026 to now21
- Chief financial officerMichelle S. Hickox Jan 18, 2023 to Mar 17, 202622
- Chief financial officerJames R. Gordon May 18, 2020 to Nov 3, 202223
Board members and other officers (41)
- EVP, Commercial BankingDavid William Bailey Apr 28, 2022 to Aug 20, 202424
- EVP-CIOJohn James Ruzicka Jr. Apr 17, 2019 to now25
- SVP, Chief Accounting OfficerJ. Kyle McVey May 5, 2017 to now26
- Executive Vice PresidentT. Luke Longhofer Jul 26, 2016 to now27
- Chief Risk OfficerRandall Allen Roewe Oct 29, 2015 to now28
- Chief Information OfficerThomas S. Limerick Oct 29, 2015 to Jun 16, 201729
- CAORonald David Butler Ii. Sep 11, 2012 to now30
- Executive Vice PresidentMarna Yerigan Sep 12, 2011 to Jun 16, 201731
- Vice PresidentBill Rowe Feb 22, 2005 to Dec 10, 201232
- Executive Vice PresidentJ. Bruce Hildebrand Jan 28, 2004 to Oct 23, 201933
- Executive Vice PresidentGary L. Webb Mar 12, 2004 to Jul 30, 201534
- Senior Vice PresidentRobert S. Patterson Mar 12, 2004 to Feb 6, 200735
- Senior Vice PresidentGary Gragg Jun 14, 2004 to Oct 29, 202136
- Board memberLota S. Zoth May 5, 2026 to now37
- Board memberBlake Matthew Poutra May 20, 2025 to now38
- Board memberGeoff Haney May 20, 2025 to now39
- Board memberSally Pope Davis Jun 5, 2024 to now40
- Board memberEli Jones Jan 27, 2022 to now41
- Board memberVianei Lopez Braun Feb 3, 2020 to now42
- Board memberMichael B. Denny Apr 24, 2019 to now43
- Board memberRobert Clark Nickles Jr. Apr 24, 2019 to now44
- Board memberApril Kaye Bullock Anthony Apr 29, 2015 to Apr 25, 202445
- Board memberRoss Henry Smith Jr. Apr 22, 2014 to Apr 24, 201946
- Board memberIvan Tim Lancaster Apr 24, 2013 to now47
- Board memberSteven L. Beal Apr 30, 2010 to Jan 30, 201848
- Board memberRonald N. Giddiens Apr 29, 2009 to Oct 29, 201949
- Board memberDian Graves Stai Oct 9, 2008 to Feb 1, 201250
- Board memberTucker S. Bridwell Apr 25, 2007 to May 19, 202151
- Board memberDerrell E. Johnson Jul 24, 2007 to Jun 29, 201052
- Board memberBynum Miers Aug 10, 2007 to Aug 10, 200753
- Board memberMurray Hamilton Edwards Apr 26, 2006 to now54
- Board memberDavid L. Copeland May 27, 2005 to now55
- Board memberJohnny Trotter Jan 28, 2004 to now56
- Board memberJack D. Ramsey Feb 4, 2004 to Jun 19, 200657
- Board memberKade Matthews Feb 4, 2004 to now58
- Board memberMac A. Coalson Mar 12, 2004 to Apr 7, 201059
- Board memberF. L. Stephens Jul 30, 2004 to Dec 12, 200760
- Board memberJoseph E. Canon Aug 18, 2004 to Feb 13, 201461
- Board memberRaymond A. McDaniel Jr. Aug 13, 2003 to Sep 16, 200562
- Board memberF. Scott Dueser Dec 11, 2003 to Sep 12, 200863
- General counselBrian D. Goodrich Sep 25, 2024 to now64
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- FFB Investment Paris Fund, LLC Texas5
- FFB Portfolio Management, Inc. Texas5
- First Financial Bank Texas5
- First Financial Insurance Agency, Inc. Texas5
- First Financial Trust & Asset Management Company Texas5
- First Technology Services, Inc. Texas5
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Jul 31, 20268-K Other events65
- Jul 17, 20268-K Results of operations66
- Apr 30, 20268-K Regulation FD disclosure67
- Apr 29, 20268-K Shareholder vote; Regulation FD disclosure68
- Apr 17, 20268-K Completed an acquisition or sale69
- Feb 4, 2026New chief executive David William Bailey becomes CEO15
- Jan 29, 20268-K Executive or director change; Regulation FD disclosure70
- Jan 23, 20268-K Results of operations71
- Oct 24, 20258-K Results of operations72
- Jul 23, 20258-K Results of operations73
- Jul 23, 20258-K Other events74
- Jul 17, 20258-K Results of operations75
- Jul 7, 20258-K Entered a material agreement; New debt or obligation76
- Oct 29, 2015New chief executive Kirk W. Thaxton becomes CEO16
- May 4, 2005New chief executive F. Scott Dueser becomes CEO17
- Mar 30, 1956Founded First Financial Bankshares, Inc. is founded3
Calendar
When it reported results
- Jul 17, 2026Reported quarterly or annual results66
- Jan 23, 2026Reported quarterly or annual results71
- Oct 24, 2025Reported quarterly or annual results72
- Jul 23, 2025Reported quarterly or annual results73
- Jul 17, 2025Reported quarterly or annual results75
- Apr 17, 2025Reported quarterly or annual results77
- Jan 23, 2025Reported quarterly or annual results78
- Oct 17, 2024Reported quarterly or annual results79
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
459 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 47 major events, 349 insider forms, 11 large holders, 32 other. The latest 20:
- Sep 10, 20264 EDGAR
- Aug 24, 2026N-PX EDGAR
- Aug 20, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 17, 2026144 EDGAR
- Aug 11, 202613F-HR EDGAR
- Aug 4, 202610-Q EDGAR
- Jul 31, 20268-K EDGAR
- Jul 27, 20264 EDGAR
- Jul 17, 20268-K EDGAR
The 459 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
108 open-market trades by officers, directors and large owners since October 2021: 103 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 18, 2026 | Denny Michael B.Director | Buy | 3,000 | $34.66 | $104.0K | Form 4 |
| Aug 17, 2026 | Butler Ronald David IIEVP/CAO | Sale | 15,000 | $34.95 | $524.2K | Form 4 |
| Jul 24, 2026 | Nickles Robert Clark JrDirector | Buy | 700 | $34.89 | $24.4K | Form 4 |
| Jun 11, 2026 | Edwards Murray HamiltonDirector | Buy | 1,000 | $33.18 | $33.2K | Form 4 |
| May 5, 2026 | Nickles Robert Clark JrDirector | Buy | 664 | $31.96 | $21.2K | Form 4 |
| Mar 13, 2026 | Edwards Murray HamiltonDirector | Buy | 1,000 | $29.32 | $29.3K | Form 4 |
| Mar 12, 2026 | Haney GeoffDirector | Buy | 1,500 | $29.18 | $43.8K | Form 4 |
| Mar 12, 2026 | TROTTER JOHNNYDirector | Buy | 1,000 | $29.26 | $29.3K | Form 4 |
| Mar 9, 2026 | Hickox Michelle SEVP/CFO | Buy | 2,000 | $29.50 | $59.0K | Form 4 |
| Mar 6, 2026 | Goodrich Brian D.EVP - General Counsel | Buy | 1,665 | $29.89 | $49.8K | Form 4 |
| Mar 6, 2026 | Davis Sally PopeDirector | Buy | 1,800 | $29.52 | $53.1K | Form 4 |
| Mar 5, 2026 | Goodrich Brian D.EVP - General Counsel | Buy | 1,565 | $30.13 | $47.2K | Form 4 |
| Mar 5, 2026 | TROTTER JOHNNYDirector | Buy | 4,000 | $30.02 | $120.1K | Form 4 |
| Mar 2, 2026 | Davis Sally PopeDirector | Buy | 1,600 | $31.21 | $49.9K | Form 4 |
| Feb 20, 2026 | Haney GeoffDirector | Buy | 10,200 | $33.18 | $338.4K | Form 4 |
| Feb 5, 2026 | Edwards Murray HamiltonDirector | Buy | 500 | $34.18 | $17.1K | Form 4 |
| Feb 2, 2026 | Nickles Robert Clark JrDirector | Buy | 629 | $32.54 | $20.5K | Form 4 |
| Oct 31, 2025 | Davis Sally PopeDirector | Buy | 1,700 | $30.73 | $52.2K | Form 4 |
| Oct 29, 2025 | Nickles Robert Clark JrDirector | Buy | 653 | $31.16 | $20.3K | Form 4 |
| Oct 29, 2025 | Bailey David WilliamPresident and CEO | Buy | 1,000 | $31.54 | $31.5K | Form 4 |
All 108 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202680
- VANGUARD GROUP INCSCHEDULE 13G/A, 5 filings Feb 10, 2022 to Mar 26, 202681
- BlackRockSC 13G/A, 5 filings Jan 25, 2022 to Jan 24, 202482
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | F. Scott Dueser* | 72 | $1.2M | $3.4M83 |
| 2025 | Ronald D. ButlerII, | 66 | $638.3K | $1.5M83 |
| 2025 | Michelle S. Hickox, | 58 | $628.3K | $1.5M83 |
| 2025 | David W. Bailey | 42 | $600.0K | $1.4M83 |
| 2025 | T. Luke Longhofer, | 44 | $446.7K | $978.4K83 |
| 2024 | Chairman and CEO | $1.2M | $3.6M83 | |
| 2024 | EVP/CAO | $630.0K | $1.4M83 | |
| 2024 | EVP/CFO | $620.0K | $1.4M83 | |
| 2024 | President | $418.3K | $903.6K83 | |
| 2023 | Chairman and CEO | $1.2M | $1.2M83 | |
| 2023 | EVP/CFO | $597.5K | $1.1M83 | |
| 2023 | EVP/CAO | $625.0K | $1.1M83 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 18,234,375 | $630.9M | 0.0% | +1,128,519 |
| Vanguard Portfolio Management LLC | 7,303,995 | $252.7M | 0.0% | +101,812 |
| State Street Corp | 6,756,261 | $235.2M | 0.0% | +235,036 |
| Vanguard Capital Management LLC | 5,577,552 | $193.0M | 0.0% | −3,788 |
| Neuberger Berman Group LLC | 4,484,205 | $155.2M | 0.1% | +639,156 |
| Geode Capital Management, LLC | 3,897,410 | $134.9M | 0.0% | +217,591 |
| Aqr Capital Management LLC | 3,397,018 | $117.3M | 0.0% | +1,232,154 |
| Kayne Anderson Rudnick Investment Management LLC | 3,016,254 | $104.4M | 0.3% | −232,145 |
| Dimensional Fund Advisors LP | 2,858,327 | $98.9M | 0.0% | +97,362 |
| Fuller & Thaler Asset Management, Inc. | 2,551,339 | $88.3M | 0.2% | +359,570 |
| Goldman Sachs Group Inc | 2,032,005 | $70.3M | 0.0% | +296,392 |
| Morgan Stanley | 2,018,844 | $69.9M | 0.0% | +100,825 |
| Charles Schwab Investment Management Inc | 1,757,759 | $60.8M | 0.0% | +31,098 |
| Northern Trust Corp | 1,706,747 | $59.1M | 0.0% | +65,281 |
| Norges Bank | 1,397,818 | $48.4M | 0.0% | New |
| Bank of New York Mellon Corp | 1,152,844 | $39.9M | 0.0% | −5,535 |
| Invesco Ltd. | 1,008,433 | $34.9M | 0.0% | −298,817 |
| Champlain Investment Partners, LLC | 976,430 | $33.8M | 0.9% | −196,745 |
| Xcelsior Advisor Partners LLC | 971,806 | $33.6M | 4.4% | +737,414 |
| Vanguard Fiduciary Trust Co | 895,727 | $31.0M | 0.0% | −13,361 |
| Citadel Advisors LLC | 872,153 | $30.2M | 0.0% | +650,655 |
| ProShare Advisors LLC | 836,469 | $28.9M | 0.0% | +56,783 |
| Arrowstreet Capital, Limited Partnership | 811,477 | $28.1M | 0.0% | +106,848 |
| Nuveen, LLC | 802,778 | $27.8M | 0.0% | +37,503 |
| Bank Of America Corp /de/ | 724,403 | $25.1M | 0.0% | −236,540 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jun 17, 2025 | Lisa C. McClainRepublican, House | Sale | $1,001 - $15,000 | +42.4% | Report |
| Jun 11, 2025 | Lisa C. McClainRepublican, House | Buy | $1,001 - $15,000 | −45.7% | Report |
| Jun 24, 2019 | Donna Shalala, House | Sale | $1,001 - $15,000 | +161.6% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How First Financial Bankshares, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFIRST FINANCIAL BANKSHARES INC2
- CIK0000036029
- Employer ID (EIN)75-094402314
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company14
- Incorporated inTexas14
- Fiscal year endsDecember 312
- Industry code (SIC)6022 State Commercial Banks2
- SEC reviewing officeOffice of Finance, Division of Corporation Finance2
- Business address400 Pine Street, Abilene, TX 796012
- Phone325-627-73612
- Shares outstanding143,327,507 as of Aug 4, 202612
- Public float$5.0B as of Jun 30, 202514
- AuditorErnst & Young LLP, Dallas, Texas PCAOB ID 42; it also attests to the company’s internal control over financial reporting14
- On EDGAR sinceJan 7, 19942
- Filings1,641 in all: 4 (1,055), 8-K (210), 10-Q (98), SC 13G/A (35), 10-K (33), DEF 14A (33), 3 (29), 4/A (20)2
All 32 form types
ARS (16), 5 (12), 13F-HR (11), UPLOAD (11), S-4/A (10), 425 (8), S-4 (8), CORRESP (7), PRE 14A (6), 144 (5), 8-K/A (5), EFFECT (4), S-8 (4), SC 13G (4), N-PX (3), 10-K/A (2), 3/A (2), 5/A (2), 8-A12G/A (2), DEFA14A (2), 424B3 (1), PRER14A (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Feb 25, 2026
Quarterly report (10-Q) Aug 4, 2026
Proxy statement (DEF 14A) Mar 6, 2026
Latest 8-K (8-K) Jul 31, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, par value $0.01 per share | FFIN | The Nasdaq Global Select Market |
From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).14
Risk factors and legal proceedings
The risks First Financial Bankshares, Inc. names in Item 1A of its 10-K filed Feb 25, 2026: 50 risks under these headings, as written.14
- Risks Related to Our Business
- We are subject to interest rate risk.
- In our business, we must effectively manage our credit risk.
- We are subject to environmental liability risk associated with lending activities.
- The value of real estate collateral may fluctuate significantly resulting in an under-collateralized loan portfolio.
- We are subject to liquidity risk.
- Our accounting estimates and risk management processes rely on analytical and forecasting models.
- The value of our goodwill and other intangible assets may decline in the future.
- Breakdowns in our internal controls and procedures could have an adverse effect on us.
- New lines of business or new products and services may subject the Company to additional risks.
- First Financial Bankshares, Inc. relies on dividends from its subsidiaries for most of its revenue.
- Hurricanes, tornadoes, extended drought conditions, severe weather and natural disasters could significantly impact the Company's business.
The other 39 risks
- We rely heavily on our management team, and the unexpected loss of key management or inability to recruit qualified personnel in the future may adversely impact our operations.
- World events such as the Russia-Ukraine conflict, the Israel-Palestine conflict and other world events, including health related events, may adversely impact our business and our financial results, and the ultimate impact will depend on future developments, which are highly uncertain and cannot be predicted.
- System failure or cybersecurity breaches of our network security could subject us to increased operating costs as well as litigation and other potential losses.
- Disruptions in our information technology systems or a compromise of security with respect to our systems could adversely affect our operating results by limiting our ability to effectively monitor and control our operations, adjust to changing market conditions, implement strategic initiatives, or support our customer transactions.
- We are subject to claims and litigation pertaining to intellectual property.
- We depend on the accuracy and completeness of information provided to us by our borrowers and counterparties and any misrepresented or fraudulent information could adversely affect our business, results of operations and financial condition
- We do business with other financial institutions that could experience financial difficulty.
- We are subject to possible claims and litigation pertaining to fiduciary responsibility.
- Our operations rely on certain external vendors.
- Certain of our investment advisory and wealth management contracts are subject to termination on short notice, and termination of a significant number of investment advisory contracts could have a material adverse impact on our revenue.
- The trust wealth management fees we receive may decrease as a result of poor investment performance, in either relative or absolute terms, which could decrease our revenues and net earnings.
- Our reputation and business could be damaged by negative publicity.
- Our business faces unpredictable economic conditions, which could have an adverse effect on us.
- Our business is concentrated in Texas and a downturn in the economy of Texas may adversely affect our business.
- Our Company lends primarily to small to medium-sized businesses that may have fewer resources to weather a downturn in the economy, which could adversely impact the Company’s operating results.
- If we are unable to continue to originate residential real estate loans and sell them into the secondary market for a profit, our earnings could decrease.
- We compete in an industry that continually experiences technological change, and we may have fewer resources than many of our competitors to continue to invest in technological improvements.
- Difficult or changes in market conditions could adversely affect the financial services industry.
- Inflationary pressures and rising prices may affect our results of operations and financial conditions.
- Our financial instruments expose us to certain market risks and may increase the volatility of earnings and AOCI.
- We may need to raise additional capital and such funds may not be available when needed.
- Climate change, and related legislative and regulatory initiatives, have the potential to disrupt our business and adversely impact the operations and creditworthiness of our customers.
- Increasing scrutiny and evolving expectations from customers, regulators, investors, and other stakeholders with respect to our sustainability practices may impose additional costs on us or expose us to new or additional risks.
- We compete with many larger financial institutions which have substantially greater financial resources than we have.
- We may be subject to more stringent capital requirements which would adversely affect our net income and future growth.
- Legislative and regulatory actions taken now or in the future that impact the financial industry may materially adversely affect us by increasing our costs, adding complexity in doing business, impeding the efficiency of our internal business processes, negatively impacting the recoverability of certain of our recorded assets, requiring us to increase our regulatory capital, limiting our ability to pursue business opportunities, and otherwise resulting in a material adverse impact on our financial condition, results of operation, liquidity, or stock price.
- OFAC, the BSA and related FinCEN and FFIEC Guidelines and regulations could result in material implications.
- We are subject to heightened regulatory requirements as our total assets exceed $10 billion.
- Federal income tax reform could have unforeseen effects on our financial condition and results of operations.
- Our FDIC deposit insurance assessments could increase substantially resulting in higher operating costs.
- Risks Related to Acquisition Activities
- To continue our growth, we are affected by our ability to identify and acquire other financial institutions.
- We may not be able to complete future acquisitions, may not be successful in realizing the benefits of any acquisitions that are completed, or may choose not to pursue acquisition opportunities we might find beneficial.
- Use of our common stock for future acquisitions or to raise capital may be dilutive to existing stockholders.
- Risks Associated with our Common Stock
- The trading volume in our common stock is less than other larger financial institutions.
- Our stock ownership has shifted to larger institutional shareholders.
- Certain banking laws may have an anti-takeover effect.
- We may not continue to pay dividends on our common stock in the future.
- The Company’s stock price can be volatile.
- General Risk Factors
- If we are unable to continue our historical levels of growth, we may not be able to maintain our historical earnings trends.
Legal proceedings
From time to time, we and our subsidiaries are parties to lawsuits arising in the ordinary course of our banking business. However, there are no material pending legal proceedings to which we, our subsidiaries or our other direct and indirect subsidiaries, or any of their properties, are currently subject. Other than regular, routine examinations by state and federal banking authorities, there are no material proceedings pending or known to be contemplated by any governmental authorities.
The opening of Item 3, Legal Proceedings.14
Links
- Websiteffin.com1
- WikidataQ106253755
- SEC EDGARCIK 36029
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARF. Scott Dueser, Chair
- 19SEC EDGARLon A. Biebighauser, President
- 20SEC EDGARDavid William Bailey, President
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- 25SEC EDGARJohn James Ruzicka Jr., EVP-CIO
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- 30SEC EDGARRonald David Butler Ii., CAO
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- 32SEC EDGARBill Rowe, Vice President
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- 36SEC EDGARGary Gragg, Senior Vice President
- 37SEC EDGARLota S. Zoth, Board member
- 38SEC EDGARBlake Matthew Poutra, Board member
- 39SEC EDGARGeoff Haney, Board member
- 40SEC EDGARSally Pope Davis, Board member
- 41SEC EDGAREli Jones, Board member
- 42SEC EDGARVianei Lopez Braun, Board member
- 43SEC EDGARMichael B. Denny, Board member
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- 46SEC EDGARRoss Henry Smith Jr., Board member
- 47SEC EDGARIvan Tim Lancaster, Board member
- 48SEC EDGARSteven L. Beal, Board member
- 49SEC EDGARRonald N. Giddiens, Board member
- 50SEC EDGARDian Graves Stai, Board member
- 51SEC EDGARTucker S. Bridwell, Board member
- 52SEC EDGARDerrell E. Johnson, Board member
- 53SEC EDGARBynum Miers, Board member
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- 55SEC EDGARDavid L. Copeland, Board member
- 56SEC EDGARJohnny Trotter, Board member
- 57SEC EDGARJack D. Ramsey, Board member
- 58SEC EDGARKade Matthews, Board member
- 59SEC EDGARMac A. Coalson, Board member
- 60SEC EDGARF. L. Stephens, Board member
- 61SEC EDGARJoseph E. Canon, Board member
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- 63SEC EDGARF. Scott Dueser, Board member
- 64SEC EDGARBrian D. Goodrich, General counsel
- 65SEC EDGAROther events
- 66SEC EDGARResults of operations
- 67SEC EDGARRegulation FD disclosure
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- 69SEC EDGARCompleted an acquisition or sale
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- 71SEC EDGARResults of operations
- 72SEC EDGARResults of operations
- 73SEC EDGARResults of operations
- 74SEC EDGAROther events
- 75SEC EDGARResults of operations
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