FIRST FINANCIAL BANKSHARES INC (FFIN) FY2025 10-K Annual Report

Filed: Feb 25, 2026
Financials
State Commercial BanksSEC EDGAR

FIRST FINANCIAL BANKSHARES INC (FFIN) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 25, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

FIRST FINANCIAL BANKSHARES INC FY2025 10-K Analysis

Management Discussion & Analysis

  • Revenue interest income $702.5M in 2025 vs $628.9M in 2024, up $73.6M YoY
  • Net earnings $253.6M in 2025 vs $223.5M in 2024, net margin improved with EPS diluted $1.81 vs $1.56
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Risk Factors

  • Regulatory risk from ASU 2025-08 on Purchased Loans effective 2027, changing accounting for acquired seasoned loans under CECL model
  • Macroeconomic exposure to Federal Reserve interest rate cuts totaling 125 basis points in 2024-2025, affecting loan and deposit yields
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FIRST FINANCIAL BANKSHARES INC FY2025 Key Financial Metrics
XBRL

Revenue

$702M

+11.7% YoY

Net Income

$254M

+13.5% YoY

Net Margin

36.1%

+56bp YoY

ROE

13.2%

-69bp YoY

Total Assets

$15.4B

+10.5% YoY

EPS (Diluted)

$1.77

+13.5% YoY

Operating Cash Flow

$299M

-3.3% YoY

Source: XBRL data from FIRST FINANCIAL BANKSHARES INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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