First Financial Bankshares Posts Record Q3 Net Income of $74.3M, EPS $0.52
FFIN is trading near its 52-week low of $28.115 (8.4% above the low) on elevated volume (3.5× avg).
Summary
First Financial Bankshares reported record Q3 2026 net income of $74.31 million ($0.52 per diluted share), up from $52.27 million a year ago, on margin expansion and a sharply lower credit provision. Book equity fell on a $209.89 million after-tax increase in unrealized securities losses, though capital ratios remain strong.
Key Events · Earnings and Guidance · FFIN
-
Record Q3 Net Income of $74.3M
Net income of $74.31 million, or $0.52 per diluted share, versus $52.27 million ($0.36) a year ago and $71.89 million ($0.50) in the linked quarter.
-
Margin Expansion Drives Results
Tax-equivalent net interest margin rose to 3.91% from 3.80% a year ago and 3.90% at June 30; net interest income was $138.51 million versus $127.00 million a year ago.
-
Credit Provision Falls Sharply
Provision for credit losses was $2.03 million versus $24.44 million a year ago, which included a large borrower-fraud charge-off; nonperforming assets improved to 0.71% of loans and foreclosed assets from 0.80% at June 30.
-
Securities Losses Cut Book Equity
Shareholders' equity fell to $1.83 billion from $2.00 billion at June 30 as after-tax unrealized securities losses rose $209.89 million to $489.55 million; CET1 capital ratio remains strong at 20.45%.
Analysis · FFIN · Finance
First Financial Bankshares delivered a record quarter: net income of $74.31 million, or $0.52 per diluted share, up 42% from $52.27 million ($0.36) a year ago and ahead of the $71.89 million ($0.50) linked quarter. The driver is margin expansion — net interest margin reached 3.91% from 3.80% a year ago — plus a much smaller credit provision of $2.03 million versus $24.44 million last year, when a borrower-fraud charge-off hit results. Credit quality improved, with nonperforming assets at 0.71% of loans and foreclosed assets versus 0.80% at June 30. The offset is on the balance sheet: shareholders' equity fell to $1.83 billion from $2.00 billion at June 30 because after-tax unrealized losses on the securities portfolio swelled by $209.89 million to $489.55 million as long-term rates rose. Capital remains very strong (CET1 20.45%), so the mark-to-market hit is an accounting drag, not a solvency issue. The company also opens its first Austin-market branch in Bee Cave later this month.
How filings like this one have moved
In the 30 days to Oct 30, 2026, 30.5% of the 1545 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FFIN was trading at $30.47 on NASDAQ in the Finance sector, with a market capitalization of approximately $4.4B. The 52-week trading range was $28.12 to $36.52. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.