First Financial Bankshares Inc (FFIN) To Go Ex-Dividend on December 12th

First Financial Bankshares Inc (NASDAQ:FFIN) declared a dividend on Tuesday, October 22nd, Fidelity reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.12 per share by the bank on Thursday, January 2nd. The ex-dividend date of this dividend is Thursday, December 12th.

Shares of First Financial Bankshares stock traded up $0.41 during trading hours on Tuesday, reaching $34.83. The company had a trading volume of 248,664 shares, compared to its average volume of 272,214. First Financial Bankshares has a one year low of $26.73 and a one year high of $35.86. The business has a fifty day simple moving average of $34.53 and a 200 day simple moving average of $33.97. The firm has a market cap of $4.68 billion, a PE ratio of 31.95 and a beta of 1.17.

First Financial Bankshares (NASDAQ:FFIN) last issued its quarterly earnings data on Thursday, October 17th. The bank reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.01. First Financial Bankshares had a return on equity of 14.40% and a net margin of 38.59%. The company had revenue of $102.88 million for the quarter, compared to the consensus estimate of $102.20 million. During the same quarter last year, the business posted $0.59 earnings per share. As a group, equities research analysts predict that First Financial Bankshares will post 1.21 earnings per share for the current fiscal year.

A number of brokerages recently issued reports on FFIN. BidaskClub downgraded First Financial Bankshares from a “buy” rating to a “hold” rating in a research report on Saturday, October 26th. Stephens set a $33.00 price objective on First Financial Bankshares and gave the stock a “hold” rating in a research report on Friday, October 18th. Zacks Investment Research downgraded First Financial Bankshares from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Piper Jaffray Companies set a $29.00 price objective on First Financial Bankshares and gave the stock a “hold” rating in a research report on Thursday, August 22nd. Finally, ValuEngine upgraded First Financial Bankshares from a “strong sell” rating to a “sell” rating in a research report on Friday, November 15th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. First Financial Bankshares has an average rating of “Hold” and a consensus price target of $33.33.

In other news, Director Michael B. Denny purchased 1,500 shares of the stock in a transaction on Wednesday, November 13th. The shares were acquired at an average price of $34.77 per share, for a total transaction of $52,155.00. Following the completion of the transaction, the director now directly owns 1,974 shares of the company’s stock, valued at approximately $68,635.98. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders purchased 2,560 shares of company stock worth $89,150 in the last quarter. 4.90% of the stock is currently owned by company insiders.

About First Financial Bankshares

First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services primarily in Texas. The company accepts checking, savings, and time deposits; and offers real estate, commercial, agricultural, and consumer loans to businesses, professionals, individuals, and farm and ranch operations.

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Dividend History for First Financial Bankshares (NASDAQ:FFIN)

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