First Financial Bankshares (FFIN) investor relations material

Executive summary

• Reported unaudited results for Q2 2026 as a $15.4 billion financial holding company with a 136-year history and a diverse Texas footprint.

• Net income for Q2 2026 rose to $71.89 million, up from $66.66 million year-over-year and $71.54 million sequentially.

• EPS was $0.50, compared to $0.47 a year ago and unchanged from the prior quarter.

• Operates eight regional banks and a trust and asset management company managing $11.9 billion in assets.

• Results driven by net interest margin expansion and higher fee income from wealth management and mortgage banking.

Financial highlights

• Total assets grew to $15.4 billion as of March 31, 2026, up from $14.3 billion in 2025.

• Net interest income increased to $136.91 million, up from $123.73 million year-over-year and $134.79 million sequentially.

• Net interest margin (tax-equivalent) improved to 3.90% from 3.81% year-over-year and 3.86% sequentially.

• Deposits reached $13.2 billion, with a balanced mix of noninterest and interest-bearing accounts.

• Loans increased to $8.3 billion, with a diversified portfolio and strong credit quality.

Outlook and guidance

• Management remains focused on disciplined growth, prudent risk management, and long-term shareholder value.

• Forward-looking statements highlight risks from competition, interest rate changes, loan demand, and economic conditions.