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First Financial Bankshares Inc (FFIN) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

First Financial Bankshares Inc (FFIN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. First Financial Bankshares Inc is engaged in providing financial services. It operates through its subsidiaries in conducting full-service commercial banking business. The majority of its services are intended for the real estate sector. First Financial Bankshares Inc has a market cap of $3.23 billion; its shares were traded at around $47.80 with a P/E ratio of 26.41 and P/S ratio of 9.80. The dividend yield of First Financial Bankshares Inc stocks is 1.57%. First Financial Bankshares Inc had annual average EBITDA growth of 7.20% over the past ten years. GuruFocus rated First Financial Bankshares Inc the business predictability rank of 4.5-star.


For the last quarter First Financial Bankshares Inc reported a revenue of $83.2 million, compared with the revenue of $78.26 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $327.7 million, an increase of 5% from last year. For the last five years First Financial Bankshares Inc had an average revenue growth rate of 9.4% a year.

The reported diluted earnings per share was $1.81 for the year, an increase of 13.8% from previous year. Over the last five years First Financial Bankshares Inc had an EPS growth rate of 8.9% a year. The First Financial Bankshares Inc enjoyed an operating margin of 44.91%, compared with the operating margin of 43.57% a year before. The 10-year historical median operating margin of First Financial Bankshares Inc is 44.29%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, First Financial Bankshares Inc has the cash and cash equivalents of $373.8 million, compared with $255.1 million in the previous year. The long term debt was $331.0 million, compared with $445.8 million in the previous year. The interest coverage to the debt is at a comfortable level of 15.8. First Financial Bankshares Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $47.80, First Financial Bankshares Inc is traded at 58.8% premium to its historical median P/S valuation band of $30.11. The P/S ratio of the stock is 9.80, while the historical median P/S ratio is 6.19. The intrinsic value of the stock is $24.23 a share, according to GuruFocus DCF Calculator. The stock gained 11.33% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Johnny Trotter bought 774 shares of FFIN stock on 02/07/2018 at the average price of $45.99. The price of the stock has increased by 3.94% since.
  • Director Johnny Trotter bought 11,400 shares of FFIN stock on 02/06/2018 at the average price of $45.1. The price of the stock has increased by 5.99% since.
  • Director Steven L Beal sold 15,973 shares of FFIN stock on 01/30/2018 at the average price of $47.37. The price of the stock has increased by 0.91% since.

For the complete 20-year historical financial data of FFIN, click here.

This article first appeared on GuruFocus.