NASDAQ$FFIN
First Financial Bankshares Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported earnings increase of 22.69 percent compared to the third quarter of 2019.
First Financial Bankshares reported a strong third quarter of 2020, with earnings of $52.86 million, a 22.69% increase compared to $43.08 million in the third quarter of 2019. The company benefited from its 'TEXAS STRONG' initiative, which facilitated growth in loans, deposits, and trust assets, and was aided by the acquisition of TB&T Bancshares, Inc.
- Earnings for the third quarter of 2020 were $52.86 million, up from $43.08 million in Q3 2019.
- Basic and diluted earnings per share were $0.37 for Q3 2020, compared to $0.32 in Q3 2019.
- Net interest income for the third quarter of 2020 was $89.21 million, an increase of $16.57 million from $72.64 million in Q3 2019.
- Mortgage income increased to $15.23 million compared to $5.73 million in the third quarter of 2019 due to a significant increase in the volume of loans originated
Headline financials
Revenue & EPS history
First Financial · Revenue · Quarterly
$128M
Revenue by segment
First Financial · $27.7M total across 3 segments · Q3 2020
- Mortgage loan fees$15.2M+165.6%55.0%
- Trust fees$7.46M+5.8%26.9%
- Deposit service charges$5.01M-11.0%18.1%
Forward guidance
The Company is optimistic about finishing the year strong and rolling right into 2021.
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 Q3 2020
+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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