Latest news with #FFIN
Yahoo
30-06-2025
- Business
- Yahoo
Regional Banks Stocks Q1 In Review: First Financial Bankshares (NASDAQ:FFIN) Vs Peers
Looking back on regional banks stocks' Q1 earnings, we examine this quarter's best and worst performers, including First Financial Bankshares (NASDAQ:FFIN) and its peers. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 105 regional banks stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 1.6%. Thankfully, share prices of the companies have been resilient as they are up 7.5% on average since the latest earnings results. With roots dating back to 1890 and a network spanning over 70 locations across the Lone Star State, First Financial Bankshares (NASDAQ:FFIN) is a Texas-focused regional bank providing commercial banking, trust services, and wealth management across numerous communities throughout the state. First Financial Bankshares reported revenues of $149 million, up 12.7% year on year. This print exceeded analysts' expectations by 1.7%. Despite the top-line beat, it was still a mixed quarter for the company with a solid beat of analysts' tangible book value per share estimates but EPS in line with analysts' estimates. "Our improved results from first quarter 2024 were primarily due to an increase in net interest income related to our balance sheet growth over the previous year. Strong deposit inflows have supported loan growth as well as continued bond investments which has supported margin growth in addition to bolstering our liquidity," said F. Scott Dueser, Chairman and CEO. Interestingly, the stock is up 10.7% since reporting and currently trades at $36.14. Is now the time to buy First Financial Bankshares? Access our full analysis of the earnings results here, it's free. Founded in 1784 as one of the oldest banks in the Western Hemisphere, Butterfield Bank (NYSE:NTB) provides banking, wealth management, and trust services to individuals and businesses in select offshore financial centers including Bermuda, Cayman Islands, and the Channel Islands. Butterfield Bank reported revenues of $147.8 million, up 3.7% year on year, outperforming analysts' expectations by 4.4%. The business had a stunning quarter with a solid beat of analysts' net interest income estimates and an impressive beat of analysts' EPS estimates. The market seems happy with the results as the stock is up 5.1% since reporting. It currently trades at $44.60. Is now the time to buy Butterfield Bank? Access our full analysis of the earnings results here, it's free. Originally focused on traditional banking before pivoting to serve the transportation sector, Triumph Financial (NASDAQ:TFIN) provides specialized financial services to the trucking industry, including payments processing, factoring, banking, and data intelligence solutions. Triumph Financial reported revenues of $100.8 million, flat year on year, falling short of analysts' expectations by 3.8%. It was a disappointing quarter as it posted a significant miss of analysts' tangible book value per share and net interest income estimates. Interestingly, the stock is up 18.9% since the results and currently trades at $59.22. Read our full analysis of Triumph Financial's results here. Tracing its roots back to 1863 during the Civil War era, 1st Source Corporation (NASDAQ:SRCE) is a regional bank holding company that provides commercial, consumer, specialty finance, and wealth management services across Indiana, Michigan, and Florida. 1st Source reported revenues of $104 million, up 10.6% year on year. This number beat analysts' expectations by 3.1%. Overall, it was a very strong quarter as it also logged a solid beat of analysts' net interest income estimates and a decent beat of analysts' EPS estimates. The stock is flat since reporting and currently trades at $61.84. Read our full, actionable report on 1st Source here, it's free. With roots dating back to 1982 and a strong presence in the Mid-Atlantic region, United Bankshares (NASDAQ:UBSI) is a bank holding company that provides commercial and retail banking services through its United Bank subsidiary across multiple states. United Bankshares reported revenues of $289.6 million, up 13.7% year on year. This print surpassed analysts' expectations by 4.1%. It was a stunning quarter as it also produced an impressive beat of analysts' EPS estimates and a solid beat of analysts' net interest income estimates. The stock is down 1.6% since reporting and currently trades at $36.43. Read our full, actionable report on United Bankshares here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.
Yahoo
09-05-2025
- Business
- Yahoo
First Financial Bankshares, Inc. (FFIN): A Bull Case Theory
We came across a bullish thesis on First Financial Bankshares, Inc. (FFIN) on Substack by Serhio MaxDividends. In this article, we will summarize the bulls' thesis on FFIN. First Financial Bankshares, Inc. (FFIN)'s share was trading at $34.23 as of May 6th. FFIN's trailing and forward P/E were 21.13 and 24.57 respectively according to Yahoo Finance. An aerial shot of a regional bank with its numerous branches situated in a city. First Financial Bankshares (FFIN), a Texas-based regional bank, continues to deliver strong shareholder returns and financial performance, underscored by a 5.6% dividend increase to $0.19 per share, boosting its forward yield to 2.26%. In Q1 2025, the bank posted net income of $61.35 million, a 14.9% year-over-year gain, with EPS rising to $0.43 from $0.37. Net interest income surged 18.5% to $118.79 million, benefiting from a healthy net interest margin of 3.74%. The bank reported $14.31 billion in total assets, $7.95 billion in loans, and $12.52 billion in deposits, while maintaining a lean efficiency ratio of 46.36%. Despite these strengths, emerging credit concerns warrant attention. Nonperforming assets increased to 0.78% of loans from 0.51% a year ago, and classified loans rose 21.8% to $245.61 million. In response, the bank bolstered its provision for credit losses to $3.53 million and raised its allowance to 1.27% of loans, reflecting a proactive stance on risk. Trading at $33.78 with a forward P/E of ~11x, FFIN remains a compelling investment, combining disciplined growth, operational efficiency, and rising shareholder payouts, while taking prudent steps to manage asset quality. The stock offers attractive value with a balanced outlook despite credit normalization. First Financial Bankshares, Inc. (FFIN) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge fund portfolios held FFIN at the end of the fourth quarter which was 16 in the previous quarter. While we acknowledge the risk and potential of FFIN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than FFIN but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
