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