First Financial Bankshares Q3 net income falls to $52.27 million on credit loss
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.
Key points
- 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.
The filing
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 24, 2025.
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.