First Financial Bankshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 23, 2020 at 04:01 pm
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First Financial Bankshares, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 75.322 million compared to USD 70.274 million a year ago. Net income was USD 41.388 million compared to USD 38.437 million a year ago. Basic earnings per share was USD 0.3 compared to USD 0.28 a year ago. For the full year, net interest income was USD 289.090 million compared to USD 272.760 million a year ago. Net income was USD 164.812 million compared to USD 150.638 million a year ago. Basic earnings per share was USD 1.22 compared to USD 1.11 a year ago. Diluted earnings per share was USD 1.21 compared to USD 1.11 a year ago.
First Financial Bankshares, Inc. is a financial holding company. The Company, through its subsidiaries, conducts a full-service commercial banking business. Its subsidiary bank, First Financial Bank, N.A., provides general commercial banking services, which include accepting and holding checking, savings, and time deposits, making loans, offering automated teller machines (ATMs), drive-in and night deposit services, safe deposit facilities, remote deposit capture, internet banking, mobile banking, payroll cards, funds transfer, and other customary commercial banking services. It also provides trust and wealth management activities through its trust company, First Financial Trust & Asset Management Company, N.A. Through its trust company, it offers personal trust services, which include wealth management, the administration of estates, testamentary trusts, revocable and irrevocable trusts, and agency accounts. Its loan portfolio consists of professionals, individuals, and others.
FIRST FINANCIAL BANKSHARES, INC. 
