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First Financial: Q4 Earnings Snapshot

First Financial: Q4 Earnings Snapshot

By AP News
Published - Jan 25, 2024, 05:24 PM ET
Last Updated - Jan 25, 2024, 05:24 PM EST

ABILENE, Texas (AP) — ABILENE, Texas (AP) — First Financial Bankshares Inc. (FFIN) on Thursday reported net income of $46 million in its fourth quarter.

The bank, based in Abilene, Texas, said it had earnings of 32 cents per share.

The commercial banker operating mostly in Texas posted revenue of $164.2 million in the period. Its revenue net of interest expense was $122.1 million, which fell short of Street forecasts.

For the year, the company reported profit of $199 million, or $1.39 per share. Revenue was reported as $503.4 million.

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