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First Financial Bankshares (First Financial Bankshares) Dividend Payout Ratio : 0.56 (As of Dec. 2023)


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What is First Financial Bankshares Dividend Payout Ratio?

First Financial Bankshares's dividend payout ratio for the months ended in Dec. 2023 was 0.56.

The historical rank and industry rank for First Financial Bankshares's Dividend Payout Ratio or its related term are showing as below:

FFIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.4   Max: 0.52
Current: 0.52


During the past 13 years, the highest Dividend Payout Ratio of First Financial Bankshares was 0.52. The lowest was 0.36. And the median was 0.40.

FFIN's Dividend Payout Ratio is ranked worse than
75.85% of 1089 companies
in the Banks industry
Industry Median: 0.34 vs FFIN: 0.52

As of today (2024-04-26), the Dividend Yield % of First Financial Bankshares is 2.34%.

During the past 13 years, the highest Trailing Annual Dividend Yield of First Financial Bankshares was 3.03%. The lowest was 1.00%. And the median was 1.67%.

First Financial Bankshares's Dividends per Share for the months ended in Dec. 2023 was $0.18.

During the past 12 months, First Financial Bankshares's average Dividends Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of First Financial Bankshares was 21.30% per year. The lowest was 2.10% per year. And the median was 10.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


First Financial Bankshares Dividend Payout Ratio Historical Data

The historical data trend for First Financial Bankshares's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Financial Bankshares Dividend Payout Ratio Chart

First Financial Bankshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.36 0.37 0.41 0.51

First Financial Bankshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.50 0.52 0.56 0.49

Competitive Comparison of First Financial Bankshares's Dividend Payout Ratio

For the Banks - Regional subindustry, First Financial Bankshares's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Financial Bankshares's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bankshares's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Financial Bankshares's Dividend Payout Ratio falls into.



First Financial Bankshares Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

First Financial Bankshares's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.71/ 1.381
=0.51

First Financial Bankshares's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.18/ 0.32
=0.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Financial Bankshares (NAS:FFIN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


First Financial Bankshares Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of First Financial Bankshares's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


First Financial Bankshares (First Financial Bankshares) Business Description

Traded in Other Exchanges
Address
400 Pine Street, Abilene, TX, USA, 79601
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.
Executives
Michelle S Hickox officer: EVP/CFO 1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Nickles Robert Clark Jr director 24503 OLD WINDMILL TRAIL, HOCKLEY TX 77447
Johnny Trotter director 400 PINE STREET, C/O FIRST FINANCIAL BANKSHARES, ABILENE TX 79601
Murray Hamilton Edwards director 5423 FM 3217, CLYDE TX 79510
Michael B. Denny director 1202 ELMWOOD DRIVE, ABILENE TX 79605
Anthony April Kaye Bullock director 3606 PRINCETON AVENUE, DALLAS TX 75205
F Scott Dueser director 400 PINE ST, ABILENE TX 79601
Kade Matthews director 400 PINE STREET, C/O FIRST FINANCIAL BANKSHARES, ABILENE TX 79601
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
David William Bailey officer: EVP, Commercial Banking P.O. BOX 1581, EASTLAND TX 76448
David L Copeland director PO BOX 2791, ABILENE TX 79604
Tucker S Bridwell director 400 PINE STE 1000, ABILENE TX 79601
James R Gordon officer: EVP-CFO 104 SOUTH MAIN STREET, GREENVILLE SC 29601
Vianei Lopez Braun director 801 CHERRY STREET, SUITE 2000, FT WORTH TX 76102
Ronald N Giddiens director 5808 PECAN VALLEY, SAN ANGELO TX 76904-9531