First Financial Bankshares, Inc. - Common Stock (FFIN)
37.64
+1.87 (5.23%)
NASDAQ · Last Trade: Aug 23rd, 12:13 PM EDT
Detailed Quote
Previous Close
35.77
Open
36.01
Bid
36.97
Ask
38.31
Day's Range
35.75 - 37.76
52 Week Range
30.58 - 44.66
Volume
681,134
Market Cap
5.37B
PE Ratio (TTM)
21.88
EPS (TTM)
1.7
Dividend & Yield
0.7600 (2.02%)
1 Month Average Volume
558,106
Chart
About First Financial Bankshares, Inc. - Common Stock (FFIN)
First Financial Bankshares, Inc. is a financial holding company that provides a broad range of banking services primarily through its community bank subsidiaries. The company focuses on offering personal and commercial banking solutions, including deposit accounts, loans, and wealth management services. With an emphasis on building strong customer relationships and serving local communities, First Financial Bankshares operates branches across various markets, aiming to deliver tailored financial products and exceptional customer service. Additionally, the company is committed to maintaining a conservative loan portfolio and promoting sustainable growth while adapting to the evolving needs of its clientele. Read More
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
A number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping new tariffs fueled fears of an economic slowdown and an impending interest rate cut.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
In a world where many businesses have shaky balance sheets, some have ignored the crowd and exercised prudence.
These cash-heavy companies shine bright for their financial discipline, resilience, and ability to generate solid returns.
Looking back on regional banks stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including First Financial Bankshares (NASDAQ:FFIN) and its peers.
Over the past six months, First Financial Bankshares’s shares (currently trading at $37.48) have posted a disappointing 9% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation.
