First Financial Bankshares' Q3 earnings fall due to credit loss from fraud

First Financial Bankshares

23/10/2025 21:20

Overview

First Financial Q3 earnings decline due to $21.55 mln credit loss from fraud

Net interest income for Q3 2025 grows to $127 mln, up from last year

Company's noninterest income rises to $34.26 mln in Q3 2025

Outlook

Company did not provide specific guidance for future quarters or full year in press release

Result Drivers

CREDIT LOSS IMPACT - Q3 earnings affected by $21.55 mln credit loss due to fraud, considered an isolated incident

NET INTEREST INCOME GROWTH - Net interest income increased to $127 mln, driven by higher interest-earning assets

NONINTEREST INCOME INCREASE - Rise in noninterest income attributed to higher mortgage and trust fee income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.36
Q3 Net Interest Income
$127 mln
Q3 Credit Loss Provision
-$105.96 mln
Q3 Net Interest Margin
3.80%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for First Financial Bankshares Inc is $39.00, about 17.5% above its October 21 closing price of $32.17

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nPn13VxnQa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)