First Financial Bankshares Inc reports results for the quarter ended June 30 - Earnings Summary

• First Financial Bankshares Inc FFIN reported quarterly adjusted earnings of 47 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of four analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 43 cents to 45 cents per share.

• Revenue rose 16.4% to $156.60 million from a year ago; analysts expected $156.41 million.

• First Financial Bankshares Inc's reported EPS for the quarter was 47 cents​.

• The company reported quarterly net income of $66.66 million.

• First Financial Bankshares Inc shares had risen by 0.9% this quarter and gained 0.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% 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," 4 "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 $36.50, about 0.5% above its last closing price of $36.32

This summary was machine generated from LSEG data July 17 at 08:37 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)