First Financial Bankshares Q4 revenue rises 12.5% to $168.4 million

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

First Financial Bankshares reported fourth-quarter revenues of $168.4 million, a 12.5% increase from a year earlier, exceeding analyst expectations by 0.9%. The Texas-focused regional bank delivered a satisfactory quarter overall, with a notable beat on tangible book value per share estimates but a slight miss on net interest income. Among the 96 regional bank stocks tracked, UMB Financial was the best performer with revenues of $744.8 million, up 29.3% year on year and beating estimates by 5.4%, while BankUnited was the weakest, posting revenues of $273.8 million, up 6.1% but falling short of expectations by 5.1%. Trustmark and First Financial Bancorp also reported results, with revenues of $202.9 million and $265.8 million respectively, both meeting or exceeding analyst forecasts.

Impact on stocks 5

Financials± Mixed · 5 stocks
First Financial Bankshares Inc
FFIN
▲ PositiveCapitalrelevance

Revenue rose 12.5% to $168.4 million, beating expectations by 0.9%, with a notable beat on tangible book value per share.

BankUnited Inc
BKU
▼ NegativeCapitalrelevance

Revenue miss of 5.1% vs expectations, making it the weakest performer among tracked regional banks.

UMB Financial Corporation
UMBF
▲ PositiveCapitalrelevance

Revenue of $744.8 million, up 29.3% year on year, beating estimates by 5.4%, making it the best performer.