Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · First Financial Bankshares (FFIN)

First Financial Bankshares Q3 net income rises 11.61% to $55.31 million

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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%.

The filing

CompanyFirst Financial Bankshares (FFIN)
Form8-K, current report
Filed with the SECOct 17, 2024, 5:19 PM ET
Accession number0000950170-24-115387

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 17, 2024.

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.