First Financial Bankshares, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 19, 2023 at 04:05 pm EDT
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First Financial Bankshares, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 94.15 million compared to USD 103.16 million a year ago. Net income was USD 49.56 million compared to USD 59.34 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.41 a year ago.
For the nine months, net interest income was USD 286.3 million compared to USD 297.38 million a year ago. Net income was USD 153 million compared to USD 175.81 million a year ago. Basic earnings per share from continuing operations was USD 1.07 compared to USD 1.23 a year ago. Diluted earnings per share from continuing operations was USD 1.07 compared to USD 1.23 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. 
