First Financial Bankshares, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 20, 2023 at 04:05 pm EDT
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First Financial Bankshares, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was USD 95.87 million compared to USD 98.78 million a year ago. Net income was USD 50.87 million compared to USD 60.49 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.36 compared to USD 0.42 a year ago.
For the six months, net interest income was USD 192.15 million compared to USD 194.22 million a year ago. Net income was USD 103.44 million compared to USD 116.47 million a year ago. Basic earnings per share from continuing operations was USD 0.72 compared to USD 0.82 a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 0.81 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. 
