Benchmark Reiterates Buy Rating on First Financial Bankshares
Benchmark reaffirmed its buy rating for First Financial Bankshares with a $39 price target, a 10.67% upside from the current price.
Key Points
- Benchmark reiterated its buy rating on First Financial Bankshares, FFIN, with a $39 price target on June 25, 2026.
- Benchmark's $39 price target implies 10.67% upside from First Financial Bankshares, Inc.'s ($FFIN) current $35.24 share price.
- Shares of NasdaqGS:FFIN traded near $34.04 on Thursday, with a market cap of about $4.74 billion and a P/E ratio of 18.
- Insiders have been active, with recent purchases including 1,000 shares by Edwards Murray Hamilton at $33.18 each.
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Benchmark reaffirmed its buy rating on First Financial Bankshares, Inc. (NasdaqGS:FFIN) on June 25, 2026. Analyst Brett Rabatin set a price target of $39 for the regional bank. Shares of First Financial Bankshares were trading around $34.04 on Thursday.
Benchmark vs. the S&P 500
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Other Institutional Activity in First Financial Bankshares
BlackRock, Inc. trimmed its position by 103,517 shares, bringing its total to 17,105,856 shares valued at approximately $503.8 million. Vanguard Portfolio Management LLC opened a new position with 7,202,183 shares worth about $212.1 million. State Street Corp increased its stake by 380,466 shares to 6,521,225 shares, valued at roughly $193.2 million. Neuberger Berman Group LLC added 781,207 shares, ending with 3,845,049 shares valued at $113.2 million.
First Financial Bankshares, Inc. Stock Up 5.5%
Shares of First Financial Bankshares traded near $34.04 on Thursday. The company has a market cap of about $4.74 billion and a P/E ratio of 18. Its stock has a 52-week range between $28.12 and $38.74, with a 50-day moving average of $32.23 and a 200-day moving average of $32.05. The stock's beta is 0.841, indicating lower volatility compared to the market.
$FFIN price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
First Financial Bankshares reported revenue of $622.1 million, with a growth rate of 13.1%. The company achieved a net margin of 42.4% and a return on equity of 14.6%. Earnings per share stood at $1.84. The next earnings report is expected on July 16, 2026.
Dividend
First Financial Bankshares offers an annual dividend rate of $0.88, yielding 2.68%. The dividend payout ratio is 41.3%.
Insider Buying and Selling at First Financial Bankshares, Inc.
Recent insider activity includes Edwards Murray Hamilton purchasing 1,000 shares at $33.18 on June 11, 2026. On May 6, 2026, President and CEO David William Bailey bought 2,500 shares at $21.18 and sold an equal amount on the same day. Trust Company President Lon Biebighauser also bought 490 shares at $21.18 on May 6, 2026.
Analysts Set New Price Targets
On June 25, 2026, Benchmark initiated coverage with a buy rating and a $39 price target. Keefe, Bruyette & Woods maintained a hold rating with a $34 price target on April 9, 2026. The consensus among four analysts is a hold rating with a mean price target of $33.75.
About First Financial Bankshares
First Financial Bankshares, Inc., headquartered in Abilene, Texas, provides a range of commercial banking services across the United States. The company offers deposit accounts, loans, and trust services, along with securities brokerage and wealth management. Founded in 1890, it operates with about 1,500 employees under the leadership of CEO F. Scott Dueser.
Bottom Line
Benchmark's reiteration of a buy rating with a $39 target underscores confidence in First Financial Bankshares. Investors watch these ratings for insights, though 13F filings and analyst reports are backward-looking and may not reflect current conditions.
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