NASDAQ$FFIN
First Financial Bankshares Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported earnings for the second quarter of 2024, showing an increase compared to the previous year.
First Financial Bankshares reported earnings of $52.49 million for the second quarter of 2024, an increase from $50.87 million for the same quarter a year ago. The results were driven by strong loan growth and net interest margin expansion, leading to increased net interest income.
- Earnings increased to $52.49 million for the second quarter of 2024.
- Basic and diluted earnings per share were $0.37 for the second quarter of 2024.
- Net interest income increased to $103.27 million for the second quarter of 2024.
- Net interest margin increased to 3.48 percent for the second quarter of 2024.
Headline financials
Revenue & EPS history
First Financial · Revenue · Quarterly
$135M
Revenue by segment
First Financial · $29.4M total across 6 segments · Q2 2023
- Trust fees$9.88M+1.4%33.6%
- Debit card fees$6.72M—22.8%
- Deposit service charges$6.31M+4.5%21.4%
- Mortgage loan fees$3.53M-38.3%12.0%
- Other noninterest income$2.27M—7.7%
- Credit card fees$711K—2.4%
Forward guidance
The outlook is positive for the remainder of the year as the company looks to continue to remix assets as cash flows from maturing securities are invested in loans and execute strategies to grow deposits in our markets.
Tailwinds
- Continue to remix our assets
- Cash flows from maturing securities are invested in loans
- Execute strategies to grow deposits in our markets
- Strong loan growth
- Net interest margin expansion
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
+0.6%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+3.7%
Avg return
30 days after
52%
36 / 69 earnings
Positive
+7.5%
Q4 2023
Best reaction
-12.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.9% | -2.4% | +0.8% | |
| Q4 2025 | -2.8% | -7.1% | -1.1% | |
| Q3 2025 | -2.3% | -3.8% | -1.5% | |
| Q2 2025 | -2.9% | -1.9% | -1.1% | |
| Q1 2025 | -1.3% | +2.8% | +9.7% | |
| Q4 2024 | +3.4% | +2.3% | +0.8% | |
| Q3 2024 | -0.9% | -4.3% | +6.7% | |
| Q2 2024 | +2.0% | +7.4% | +1.9% | |
| Q1 2024 | +4.7% | +6.5% | +10.9% | |
| Q4 2023 | +7.5% | +9.1% | +4.3% | |
| Q3 2023 | -6.0% | -5.2% | +10.9% | |
| Q2 2023 | -0.8% | +0.3% | -4.6% | |
| Q1 2023 | -5.9% | -8.7% | -13.8% | |
| Q4 2022 | +2.0% | +1.5% | +13.2% | |
| Q3 2022 | -12.7% | -17.4% | -17.7% | |
| Q2 2022 | +3.1% | +4.5% | +11.7% | |
| Q1 2022 | -3.2% | -5.7% | -7.4% | |
| Q4 2021 | -3.9% | -0.6% | -0.4% | |
| Q3 2021 | +3.5% | +3.5% | +8.0% | |
| Q2 2021 | -1.6% | -1.8% | -0.3% | |
| Q1 2021 | +3.2% | +6.2% | +7.0% | |
| Q4 2020 | -5.0% | -1.1% | +12.0% | |
| Q3 2020 | +2.5% | +0.0% | +11.2% | |
| Q2 2020 | +5.7% | +2.5% | +5.7% | |
| Q1 2020 | +3.7% | +11.5% | +12.1% | |
| Q4 2019 | +1.3% | +1.3% | -0.3% | |
| Q3 2019 | +4.6% | +6.1% | +3.2% | |
| Q2 2019 | +4.1% | +7.0% | +5.1% | |
| Q1 2019 | -1.3% | +0.3% | +0.5% | |
| Q4 2018 | -1.3% | -0.3% | +2.4% | |
| Q3 2018 | -1.2% | -4.6% | +13.8% | |
| Q2 2018 | +6.1% | +9.0% | +13.1% | |
| Q1 2018 | +3.1% | +5.1% | +9.7% | |
| Q4 2017 | -0.4% | +0.3% | +0.9% | |
| Q3 2017 | +1.7% | +0.9% | -3.3% | |
| Q2 2017 | +0.5% | +3.3% | -7.0% | |
| Q1 2017 | +4.9% | +8.5% | +1.9% | |
| Q4 2016 | -0.9% | -1.2% | +3.8% | |
| Q3 2016 | -2.3% | -1.4% | +22.2% | |
| Q2 2016 | -0.1% | -0.0% | +2.1% | |
| Q1 2016 | -0.3% | — | — | |
| Q4 2015 | -1.7% | — | — | |
| Q3 2015 | +4.3% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | +0.3% | — | — | |
| Q4 2014 | +5.0% | — | — | |
| Q3 2014 | +2.6% | — | — | |
| Q2 2014 | -1.2% | — | — | |
| Q1 2014 | +1.9% | — | — | |
| Q4 2012 | +2.6% | — | — | |
| Q4 2011 | +2.6% | — | — | |
| Q4 2013 | -1.9% | — | — | |
| Q3 2013 | +0.7% | — | — | |
| Q2 2013 | +2.3% | — | — | |
| Q1 2013 | +2.2% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2012 | +0.0% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2010 | -0.2% | — | — | |
| Q3 2011 | -0.5% | — | — | |
| Q2 2011 | -0.3% | — | — | |
| Q1 2010 | -2.6% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q4 2008 | +2.7% | — | — | |
| Q3 2010 | +3.7% | — | — | |
| Q3 2009 | +3.7% | — | — | |
| Q2 2010 | -1.9% | — | — | |
| Q2 2009 | -1.9% | — | — | |
| Q4 2009 | -1.9% | — | — |
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