First Financial Bankshares (Inc.) – NYSE: FFIN Q2 Financial Results Summary

# First Financial Bankshares, Inc. (FFIN) – NASDAQ – Q2 2025 Earnings Report

**Release Date: July 17, 2025**

First Financial Bankshares, Inc. (FFIN) reported its earnings for the second quarter of 2025, showcasing significant growth in various financial metrics. The report indicates a contrast in performance compared to the same quarter last year.

### Key Highlights

– **Earnings Report Summary**
– Net income: **$66.66 million** for Q2 2025, up **27%** from **$52.49 million** in Q2 2024.
– Earnings per share (EPS): **$0.47** in Q2 2025, compared to **$0.37** in Q2 2024.
– The linked quarter (Q1 2025) had an EPS of **$0.43**.

– **Net Interest Income**
– Q2 2025: **$123.73 million**, an increase from **$103.27 million** in Q2 2024 (+**19.9%**).
– Net interest margin: **3.81%** for Q2 2025, up from **3.48%** in Q2 2024 (+**9.5%**).
– Average interest-earning assets: **$13.34 billion**, compared to **$12.23 billion** a year ago (+**9.1%**).

– **Credit Losses**
– Provision for credit losses: **$3.13 million**, decreased from **$5.89 million** in Q2 2024 (-**46.5%**).
– Allowance for credit losses: **$102.79 million**, or **1.27%** of loans, unchanged from Q2 2024.
– Net charge-offs: **$720 thousand**, an increase from **$302 thousand** in Q2 2024 (+**138.4%**).
– Nonperforming assets as a percentage of loans and foreclosed assets: **0.79%**, compared to **0.81%** a year ago (-**2.5%**).

– **Noninterest Income**
– Total noninterest income: **$32.87 million**, up from **$31.27 million** in Q2 2024 (+**4.8%**).
– Trust fee income: **$12.75 million** in Q2 2025, compared to **$11.71 million** in Q2 2024 (+**9.0%**).
– Mortgage income increased to **$4.13 million**, compared to **$3.69 million** a year ago (+**11.9%**).

– **Noninterest Expense**
– Total noninterest expense: **$71.74 million**, increased from **$65.01 million** in Q2 2024 (+**10.5%**).
– Salaries, commissions, and employee benefit costs: **$42.58 million**, up from **$37.47 million** last year (+**13.9%**).

– **Efficiency Ratio**
– The efficiency ratio was **44.97%** in Q2 2025, improved from **47.41%** in Q2 2024.

– **Balance Sheet Highlights**
– Total assets: **$14.38 billion** as of June 30, 2025, up from **$13.16 billion** a year ago (+**9.3%**).
– Total loans held-for-investment: **$8.07 billion**, compared to **$7.52 billion** in Q2 2024 (+**7.3%**).
– Deposits and repurchase agreements: **$12.50 billion**, increased from **$11.55 billion** a year ago (+**8.2%**).

– **Shareholder Equity**
– Shareholders’ equity: **$1.74 billion**, compared to **$1.52 billion** in Q2 2024 (+**14.5%**).

### Dividends and Share Repurchase

– The company declared a cash dividend of **$0.19** for the quarter, reflecting a slight increase from **$0.18** in Q2 2024.
– No share repurchase program was mentioned in the release.

### Conclusion

The second quarter of 2025 has showcased substantial growth for First Financial Bankshares, Inc., particularly in earnings and shareholder equity. The positive trajectory in net interest income alongside a decrease in credit loss provisions has strengthened the company’s financial position while also providing consistent dividends to shareholders.

Here are the extracted tables from the provided press release:

### CONDENSED CONSOLIDATED STATEMENTS OF INCOME (in thousands)

### CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands)