First Financial Bankshares Inc reports results for the quarter ended in March - Earnings Summary

First Financial Bankshares

18/04/2024 23:05

* First Financial Bankshares Inc  FFIN.OQ  reported
quarterly
adjusted earnings of 37 cents​​ per share for the quarter ended
in March, identical to the same quarter last year.  The mean
expectation of five analysts for the quarter was for earnings of
35 cents per share. Wall Street expected results to range from
34 cents to 36 cents per share.
    * Revenue rose 4.3% to $129.63 million from a year ago;
analysts
expected $129.72 million. 
    * First Financial Bankshares Inc shares had fallen by 12.7%
this
quarter and lost 5.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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
also "hold"

Wall Street's median 12-month price target for First Financial
Bankshares Inc is $32.00 
This summary was machine generated from LSEG data April 18 at
10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.35           0.37           Beat
 Dec. 31 2023      0.34           0.32           Missed
 Sep. 30 2023      0.36           0.35           Missed
 Jun. 30 2023      0.36           0.36           Met