Revenue Update on First Financial Bankshares Inc(NASDAQ:FFIN)

First Financial Bankshares Inc(NASDAQ:FFIN) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 21, 2016. Company reported revenue of $77.99M. Analysts estimated a revenue of $83.03M. Earnings per share were $0.41. Analysts had estimated an EPS of $0.39.

First Financial Bankshares Inc (FFIN) remained unchanged at the close of Wednesday session. Even as the volume increased to 1,19,301 ,the shares failed to make any impression and ended at 0 points or 0.00% at $34.73. The trading session commenced at $34.86 and the stock hit a high of $34.98 and touched $34.38 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $36.51 and the 52-week low is $24.12. The company has a market cap of $2,294 M and has approximately 6,60,57,277 outstanding shares.

Several Insider Transactions has been reported to the SEC. On Apr 29, 2016, Ross Henry Jr Smith (director) purchased 1,000 shares at $32.45 per share price.Also, On Mar 14, 2016, Randall Allen Roewe (Chief Risk Officer) purchased 200 shares at $28.59 per share price.On Feb 19, 2016, Murray Hamilton Edwards (director) purchased 475 shares at $27.14 per share price, according to the Form-4 filing with the securities and exchange commission.

First Financial Bankshares Inc. is a financial holding company. Through its subsidiaries the Company conducts commercial banking business. It provides commercial banking services which include accepting and holding checking savings and time deposits making loans automated teller machines drive-in and night deposit services safe deposit facilities remote deposit capture Internet banking mobile banking payroll cards transmitting funds and other customary commercial banking services. It also conducts trust activities through First Financial Trust & Asset Management Company National Association its trust company. Through its trust company it offers personal trust services which include the administration of estates testamentary trusts revocable and irrevocable trusts and agency accounts. In addition it provides securities brokerage services through a third-party in its Abilene San Angelo Cleburne Stephenville Eastland and Weatherford banking regions.

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