First Financial Bankshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 28, 2021 at 04:05 pm EST
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First Financial Bankshares, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 90.537 million compared to USD 75.322 million a year ago. Net income was USD 58.475 million compared to USD 41.388 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.3 a year ago. For the full year, net interest income was USD 349.885 million compared to USD 289.090 million a year ago. Net income was USD 202.034 million compared to USD 164.812 million a year ago. Basic earnings per share from continuing operations was USD 1.42 compared to USD 1.22 a year ago. Diluted earnings per share from continuing operations was USD 1.42 compared to USD 1.21 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. 
