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ABILENE, Texas—Johnny Trotter, a director at First Financial Bankshares Inc. (NASDAQ:FFIN), has acquired a significant amount of the company’s stock, according to a recent SEC filing. On March 12, Trotter purchased 6,000 shares of common stock at a price of $35.12 per share, totaling approximately $210,719. The purchase comes as InvestingPro data shows the $5 billion market cap bank trading at a P/E ratio of 22.65, with three analysts recently revising earnings estimates upward for the upcoming period.
Following this transaction, Trotter now holds 949,371 shares directly. Additionally, there are 68,000 shares held indirectly by his spouse. This purchase reflects Trotter’s continued investment in the Abilene-based financial institution, which is known for its regional banking services across Texas. The bank maintains a solid 2.05% dividend yield and has raised its dividend for 14 consecutive years, according to InvestingPro analysis, which offers 12 additional investment insights for subscribers.
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