First Financial Bankshares falls after Piper Sandler starts coverage with 'neutral'

First Financial Bankshares

27/08/2026 18:46

** Shares of First Financial Bankshares FFIN.O fall 1.4% to $33.2 after Piper Sandler initiates with a "neutral" rating 
** Brokerage says FFIN remains one of the most profitable banks in the country, trading at a deserved premium
** Says that there could be upside in shares on faster-than-expected loan growth leading to a profitable balance sheet remix
** "We think that M&A would be a welcome sight for potential FFIN investors" - Piper Sandler
** Brokerage also sets a PT of $35, implying a 4% upside to the stock's last close
** One of six analysts rate stock "buy" and five "hold"; their median PT is $36 — data compiled by LSEG
** Including session's move, stock up 11.1% YTD

 (Reporting by Pragyan Kalita in Bengaluru)
 ((Pragyan.Kalita@thomsonreuters.com;))