AP NEWS

First Financial: 4Q Earnings Snapshot

January 23, 2020 GMT

ABILENE, Texas (AP) _ First Financial Bankshares Inc. (FFIN) on Thursday reported fourth-quarter net income of $41.4 million.

The bank, based in Abilene, Texas, said it had earnings of 30 cents per share.

The commercial banker operating mostly in Texas posted revenue of $109.5 million in the period. Its revenue net of interest expense was $102.7 million, beating Street forecasts.

For the year, the company reported profit of $164.8 million, or $1.21 per share. Revenue was reported as $404.3 million.

First Financial shares have declined roughly 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $34.14, a rise of nearly 9% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FFIN at https://www.zacks.com/ap/FFIN