Every material Form 8-K First Financial Bankshares has filed with the SEC since April 18, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
First Financial Bankshares reported third-quarter 2026 net income of $74.31 million, up from $52.27 million a year earlier and $71.89 million in the second quarter, with diluted EPS of $0.52 versus $0.36 a year earlier. Shareholders' equity fell to $1.83 billion at September 30, 2026, from $2.00 billion at June 30, 2026, due to a larger unrealized securities loss, so the earnings gain came with a lower equity base for shareholders.
Net income of $74.31 million for Q3 2026, versus $52.27 million in Q3 2025 and $71.89 million in Q2 2026
Diluted EPS of $0.52, versus $0.36 in Q3 2025 and $0.50 in Q2 2026
Net interest margin (tax equivalent) of 3.91%, versus 3.80% in Q3 2025 and 3.90% in Q2 2026
Shareholders' equity of $1.83 billion at September 30, 2026, down from $2.00 billion at June 30, 2026, mainly due to a $209.89 million increase in the unrealized securities loss, net of tax
First Financial Bankshares reported second quarter 2026 net income of $71.89 million, or $0.50 per diluted share, up from $66.66 million, or $0.47 per share, a year earlier and roughly flat with $71.54 million in the first quarter. Net interest margin rose to 3.90 percent from 3.81 percent a year earlier, while noninterest expense rose to $81.11 million from $71.74 million and the efficiency ratio worsened to 45.94 percent from 44.97 percent.
Net income of $71.89 million and diluted EPS of $0.50 for Q2 2026, versus $66.66 million and $0.47 for Q2 2025.
Net interest income of $136.91 million, with net interest margin of 3.90 percent versus 3.81 percent a year earlier.
Noninterest expense of $81.11 million, up from $71.74 million a year earlier; efficiency ratio of 45.94 percent versus 44.97 percent.
Total assets of $15.31 billion at June 30, 2026, and shareholders' equity of $2.00 billion, with the allowance for credit losses at 1.35 percent of loans.
In an 8-K furnishing its April 16, 2026 earnings release under Item 2.02, First Financial Bankshares reported first-quarter 2026 net income of $71.54 million, up from $61.35 million a year earlier but down slightly from $73.31 million in the fourth quarter of 2025. Basic and diluted earnings per share were $0.50, compared with $0.43 a year earlier and $0.51 in the prior quarter, so shareholders saw higher year-over-year profit but a small sequential decline.
Net income was $71.54 million for Q1 2026, versus $61.35 million for Q1 2025 and $73.31 million for Q4 2025.
Diluted EPS was $0.50, versus $0.43 for Q1 2025 and $0.51 for Q4 2025.
Net interest margin (tax equivalent) rose to 3.86 percent from 3.74 percent a year earlier; noninterest expense was $76.77 million, up from $70.34 million.
Total assets were $15.39 billion at March 31, 2026; CEO David Bailey cited an uncertain macro environment, including the ongoing Iran conflict.
First Financial Bankshares and First Financial Bank said David Bailey will become President and Chief Executive Officer of both entities effective February 1, 2026, succeeding F. Scott Dueser, who will step down as CEO and remain Executive Chairman through the 2028 annual meeting. The change is a planned CEO succession, and the filing does not discuss financial results or the expected effect on the company's performance.
Bailey, age 42, has been President since January 2025 and became CEO effective February 1, 2026.
Dueser steps down as CEO on February 1, 2026, and remains employed as Executive Chairman in an advisory role reporting to the board through the 2028 annual meeting.
Dueser's transition agreement sets annualized base salary of $1,105,000 for 2026, $772,500 for 2027 and $400,000 for 2028, with a 2026 equity award targeted at $900,000.
The company terminated Dueser's August 1, 2022 Executive Recognition Agreement effective January 27, 2026.
First Financial Bankshares reported fourth-quarter 2025 net income of $73.31 million, or $0.51 per diluted share, up from $62.32 million, or $0.43 per diluted share, a year earlier. For full-year 2025, net income rose 13.45% to $253.58 million, or $1.77 per diluted share, and the company said deposits grew strongly during the quarter.
Q4 2025 net income was $73.31 million, up from $62.32 million in Q4 2024 and $52.27 million in Q3 2025.
Q4 2025 diluted EPS was $0.51, compared with $0.43 in Q4 2024 and $0.36 in Q3 2025.
Full-year 2025 net income was $253.58 million, or $1.77 per diluted share, versus $223.51 million, or $1.56, in 2024.
Net interest margin (tax equivalent) was 3.81% in Q4 2025, compared with 3.67% in Q4 2024.
First Financial Bankshares reported third-quarter 2025 net income of $52.27 million, down from $55.31 million a year earlier, after a $21.55 million credit loss it believes stems from fraudulent activity at a commercial borrower. Net interest income rose to $127.00 million from $107.11 million, and nine-month net income reached $180.27 million, up from $161.19 million. For shareholders, quarterly profit and diluted EPS declined while net interest income grew, and the company says the amount and timing of any recovery cannot currently be determined.
Net income was $52.27 million for Q3 2025, versus $55.31 million in Q3 2024 and $66.66 million in Q2 2025.
Diluted EPS was $0.36, versus $0.39 a year earlier and $0.47 in Q2 2025.
A $21.55 million credit loss tied to a commercial borrower was believed to be due to fraud; the company has initiated legal action.
Net interest income rose to $127.00 million from $107.11 million a year earlier; nine-month net income was $180.27 million versus $161.19 million.
First Financial Bankshares reported second-quarter 2025 net income of $66.66 million, or $0.47 per basic and diluted share, up from $52.49 million, or $0.37 per share, a year earlier. The company said higher net interest income, a wider net interest margin and increased trust revenue drove the gain, and that a $698 thousand prepayment penalty also helped the margin in the quarter. For shareholders, the filing shows higher earnings per share and a lower efficiency ratio, while noninterest expense rose from $65.01 million to $71.74 million.
Q2 2025 net income was $66.66 million ($0.47 per share), versus $52.49 million ($0.37 per share) in Q2 2024 and $61.35 million in Q1 2025.
Net interest margin (tax equivalent) was 3.81%, up from 3.48% a year earlier and 3.74% in Q1 2025.
Efficiency ratio improved to 44.97% from 47.41% a year earlier; noninterest expense rose to $71.74 million from $65.01 million.
Total assets were $14.38 billion at June 30, 2025, versus $13.16 billion a year earlier; loans were $8.07 billion.
On June 30, 2025, First Financial Bankshares renewed its unsecured revolving line of credit with Frost Bank, allowing borrowing of up to $50.0 million. The line matures June 30, 2027, and the filing states there have been no borrowings under the loan agreement during 2025, 2024 or 2023, so the renewal is a routine financing arrangement rather than a new source of funds in use.
Revolving line of credit of up to $50.0 million with Frost Bank, renewed June 30, 2025
Line matures June 30, 2027; interest paid quarterly at the U.S. prime rate before that date
Loan agreement includes covenants that cap dividends at 55% of consolidated net income; dividends were 42.02% of net income through the first quarter of 2025
No borrowings under the loan agreement during 2025, 2024 or 2023
First Financial Bankshares reported first-quarter 2025 net income of $61.35 million, up from $53.40 million a year earlier, with diluted earnings of $0.43 per share versus $0.37. The increase was driven mainly by higher net interest income, which rose to $118.79 million from $100.24 million, as balance sheet growth and bond investments lifted the net interest margin to 3.74% from 3.34%. Shareholders also see higher noninterest expense of $70.34 million, up from $63.94 million.
Net income of $61.35 million for Q1 2025, compared with $53.40 million in Q1 2024
Diluted EPS of $0.43 versus $0.37 a year earlier; book value per share $11.75 at March 31, 2025
Net interest margin of 3.74% versus 3.34%; net interest income of $118.79 million versus $100.24 million
Provision for credit losses of $3.53 million, up from $808 thousand; noninterest expense $70.34 million, up from $63.94 million
First Financial Bankshares reported fourth-quarter 2024 net income of $62.32 million, or $0.43 per diluted share, up from $55.31 million ($0.39) in the third quarter and $45.98 million ($0.32) a year earlier. For full-year 2024, net income was $223.51 million, or $1.56 per diluted share, up 12.33 percent from $198.98 million in 2023, and the net interest margin widened to 3.67 percent in the quarter from 3.50 percent in the third quarter.
Q4 2024 net interest income was $116.12 million, up from $107.11 million in Q3 2024 and $97.51 million in Q4 2023.
Q4 2024 noninterest expense was $70.10 million, compared with $66.01 million in Q3 2024.
Provision for credit losses was $1.00 million in Q4 2024, down from $6.12 million in Q3 2024.
Total loans reached $7.91 billion at December 31, 2024, up $764.31 million from December 31, 2023.
First Financial Bankshares said its board appointed David Bailey, currently Executive Vice President and Chief Banking Officer, as President of the company and First Financial Bank, a role previously held by CEO F. Scott Dueser. Dueser will remain Chief Executive Officer and Chairman of both entities, so the change adds a senior executive role rather than replacing the top leader.
Board appointed David Bailey as President on November 19, 2024; changes take effect January 1, 2025
Bailey, age 41, has been Executive Vice President and Chief Banking Officer since March 2024
F. Scott Dueser continues as Chief Executive Officer and Chairman of the Board of both the company and the bank
The filing reports no family relationships or related-party transactions involving Bailey
First Financial Bankshares reported third quarter 2024 net income of $55.31 million, or $0.39 per diluted share, up from $49.56 million a year earlier. Net interest income rose to $107.11 million and the net interest margin widened to 3.50% from 3.22%, while credit provisions and nonperforming assets also increased.
Net income was $55.31 million for Q3 2024, up 11.61% from $49.56 million in Q3 2023 and from $52.49 million in Q2 2024.
Net interest income was $107.11 million, compared with $94.15 million in Q3 2023; the tax-equivalent net interest margin was 3.50%, compared with 3.22%.
Provision for credit losses was $6.12 million, compared with $2.28 million in Q3 2023; nonperforming assets were 0.83% of loans and foreclosed assets, compared with 0.57%.
Noninterest expense was $66.01 million, compared with $59.54 million in Q3 2023; the efficiency ratio improved to 46.45% from 47.62%.
First Financial Bankshares, Inc. (FFIN) reported second quarter 2024 net income of $52.49 million, or $0.37 per diluted share, up from $50.87 million, or $0.36 per share, a year earlier, but down from $53.4 million in the first quarter. Net interest income rose to $103.27 million as the net interest margin widened to 3.48%, while noninterest expense rose to $65.01 million and nonperforming assets increased to 0.81% of loans and foreclosed assets from 0.43% a year earlier.
Net income was $52.49 million for Q2 2024, compared with $50.87 million in Q2 2023 and $53.4 million in Q1 2024.
Basic and diluted earnings per share were $0.37, compared with $0.36 a year earlier and $0.37 in the linked quarter.
Net interest margin (tax equivalent) was 3.48%, up from 3.29% a year earlier; noninterest expense was $65.01 million, up from $57.61 million.
Nonperforming assets were 0.81% of loans and foreclosed assets at June 30, 2024, versus 0.43% a year earlier, mainly due to one owner occupied commercial real estate loan in the DFW area placed on nonaccrual.
First Financial Bankshares named Sally Pope Davis to its Board of Directors and the board of First Financial Bank, N.A., effective with the May 20, 2024 board action. Davis retired from Goldman Sachs in April 2024 after a 34-year career, including co-leading a U.S. small cap value fund at Goldman Sachs Asset Management. The filing describes a board addition with no financial results or operating changes reported.
Board appointment made May 20, 2024, with a press release issued the same day
Davis retired from Goldman Sachs in April 2024 after a 34-year career at the firm
Davis will be compensated under the existing non-employee director compensation programs described in the March 14, 2024 proxy statement
The filing states no arrangements or understandings with other persons for her appointment and no related-party transactions requiring disclosure
First Financial Bankshares reported first-quarter 2024 net income of $53.40 million, up from $52.57 million a year earlier, with earnings per share flat at $0.37. Net interest income rose to $100.24 million, while noninterest expense increased to $63.94 million from $57.26 million, which the release attributes mainly to salary and employee benefit costs.
Net income was $53.40 million for Q1 2024 versus $52.57 million for Q1 2023; basic and diluted EPS were $0.37 in both periods.
Net interest income rose to $100.24 million from $96.29 million a year earlier; net interest margin was 3.34 percent in both periods.
Provision for credit losses was $808 thousand, down from $2.78 million in Q1 2023.
Noninterest expense rose to $63.94 million from $57.26 million, with salary, commissions and employee benefit costs up to $36.68 million from $31.46 million.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every First Financial Bankshares filing is on SEC EDGAR ↗. 8-K briefs of other companies →