First Financial Bankshares (FFIN) Q3 2026 earnings summary

Executive summary

• Q3 2026 net income was $74.31 million, up 42.2% YoY; diluted EPS was $0.52 versus $0.36. 9M net income rose 20.8% to $217.75 million, with EPS of $1.51.

• Q3 tax-equivalent NIM increased 11 bps YoY to 3.91%; total assets were $15.163 billion, deposits $13.148 billion and loans $8.564 billion at September 30, 2026.

• Texas-focused banking franchise organized across 8 regions, with consolidated support functions intended to support local decision-making and a lower efficiency ratio.

Financial highlights

• Q3 net interest income was $138.51 million, versus $127.00 million YoY; provision for credit losses was $2.03 million, versus $24.44 million, including a year-ago fraud-related charge-off.

• Q3 noninterest income was $35.64 million, versus $34.26 million YoY; noninterest expense was $81.05 million, versus $73.67 million.

• 9M net interest income was $410.2 million, versus $369.5 million; noninterest income was $103.6 million, versus $97.4 million.

• Deposits were $13.148 billion: 46.2% NOW and savings, 27.0% noninterest-bearing checking, 20.0% money market and 6.8% time deposits.

• 9M trust fees were $41.815 million and trust net income was $22.983 million.

Outlook and guidance

• Entering Q4, management emphasized disciplined balance sheet growth and prudent risk management.

• Bee Cave was scheduled to open later in October, establishing a first full-service location in the Austin market.