First Financial Bankshares renews stock repurchase plan

ABILENE, Texas - First Financial Bankshares, Inc. (NASDAQ:FFIN), a $5.2 billion market cap regional bank with a strong dividend track record, announced Wednesday the renewal of its stock repurchase plan, authorizing the company to buy back up to 5 million shares of its common stock through July 31, 2026. According to InvestingPro, the company has maintained dividend payments for 33 consecutive years.

The repurchase allowance represents approximately 3.5 percent of the company’s outstanding shares as of July 22, 2025, and extends the previous authorization that was set to expire on July 31, 2025.

Under the renewed plan, management has flexibility to repurchase shares when considered beneficial to the company and its stockholders, with no minimum number of shares required to be repurchased. The buybacks may be executed through open market purchases, block trades, or privately negotiated transactions in accordance with applicable regulations.

"First Financial continues to have one of the strongest capital positions in the banking industry and we believe it is in the best interest of our shareholders to have a stock repurchase plan in place to be able to execute when the price of our shares is attractive," said F. Scott Dueser, Chairman and CEO of First Financial Bankshares, in the press release.

First Financial Bankshares is a financial holding company headquartered in Abilene, Texas. Through its subsidiary, First Financial Bank, the company operates 79 banking locations across Texas. The bank has demonstrated consistent growth with a 16.4% revenue increase in the last twelve months and maintains a healthy dividend yield of 2.05%. Discover more financial insights and analysis with InvestingPro, which offers additional ProTips and detailed metrics about FFIN’s performance.

In other recent news, First Financial Bankshares, Inc. reported second-quarter earnings that surpassed analyst expectations. The company saw a 27% increase in net income year-over-year, driven by loan growth and improved margins. Earnings for the quarter amounted to $66.66 million, or $0.47 per share, exceeding the consensus estimate of $0.44 per share. Revenue for the quarter was $156.6 million, slightly above the anticipated $156.41 million. These developments reflect the company’s strong financial performance in the second quarter of 2025.

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