First Financial Bankshares

First Financial Bankshares has renamed its wealth management company from First Financial Trust to First Financial Wealth Management; the change is effective immediately and affects communications, locations and paperwork. Team, services, locations and leadership remain unchanged — this is a clarification, not a restructuring. First Financial Wealth Management operates in nine Texas markets and offers asset management, retirement planning, trust and estate administration, and management of mineral rights and real estate. The Abilene-based bank holding company has total assets of $4.9 billion, has paid dividends for 34 consecutive years and continues to expand in the Texas market. » Więcej na de.investing.com

Shares of First Financial Bankshares fell to a new 52‑week low of $28.53 and are down about 20.11% year to date. InvestingPro’s fair‑value analysis sees the stock as undervalued with a P/E ratio of 16.22, while the bank has raised its dividend for 15 consecutive years and offers a yield of 2.59%. Brean Capital rates the stock as "Neutral" and sets a price target of $36.00; analyst estimates for EPS in 2026/2027 are slightly below consensus. The company also announced several leadership promotions, including James Alexander as executive vice president and head of commercial banking. » Więcej na de.investing.com

First Financial has completed the acquisition of CedarStone Financial and its subsidiary CedarStone Bank for a total consideration of about $25 million, paying $19.12 per common share. CedarStone was merged into First Financial and CedarStone Bank was integrated into First Financial Bank, expanding First Financial’s presence in Tennessee. The company also reported strong operating results for 2025, announced a quarterly dividend of $0.56, and received a price-target increase from Keefe, Bruyette & Woods. » Więcej na de.investing.com

First Financial Bank announced four internal promotions: James Alexander was named executive vice president and head of commercial banking, Chris Evatt was appointed senior banking executive for the southern regions, Rick Vaughan is the new chairman and CEO of the West Texas region, and Luke Uherik became market president of San Angelo and senior relationship manager for West Texas. The moves are part of the ongoing succession plan and are intended to strengthen the bank’s leadership. First Financial Bank operates 79 branches in Texas. » Więcej na de.investing.com

The board of directors of First Financial Corporation approved a quarterly dividend of $0.56 per share, payable on January 15, 2026, to shareholders of record on January 2, 2026. The payment continues a 43-year uninterrupted dividend streak; the dividend yield is 3.17% and the P/E ratio is 10.33. First Financial also agreed to acquire CedarStone Financial for $25 million, which is expected to raise total assets to about $6.1 billion. Keefe, Bruyette & Woods raised its price target to $62 with a "Market Perform" rating, while the stock has gained roughly 45% year-to-date. » Więcej na de.investing.com