First Financial Bankshares (STU:FI6) Mortgage Backed Securities (USD Mil) : 0.00 (As of . 20)

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What is First Financial Bankshares Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

The historical rank and industry rank for First Financial Bankshares's Mortgage Backed Securities (USD Mil) or its related term are showing as below:

First Financial Bankshares Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for First Financial Bankshares's Mortgage Backed Securities (USD Mil) can be seen below:

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First Financial Bankshares Mortgage Backed Securities (USD Mil) Chart

First Financial Bankshares (STU:FI6) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.

First Financial Bankshares Mortgage Backed Securities (USD Mil) Related Terms

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First Financial Bankshares (STU:FI6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Financial Bankshares Inc (STU:FI6) » Definitions » Mortgage Backed Securities (USD Mil)

Comparable Companies

Traded in Other Exchanges

FFIN:USA FI6:Germany

Address

400 Pine Street, Abilene, TX, USA, 79601

Website

https://www.ffin.com

First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas). The company conducts a full-service commercial banking business through its subsidiaries. The loan portfolio segments of the company include Commercial and Industrial, Municipal, Agricultural, Construction and Development, Farm, Non-Owner Occupied and Owner Occupied Commercial Real Estate, Residential, Consumer Auto and Consumer Non-Auto.

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