First Financial Bankshares (STU:FI6) Tax Rate % : 17.70% (As of Mar. 2024)

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What is First Financial Bankshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Financial Bankshares's Tax Expense for the three months ended in Mar. 2024 was €10.6 Mil. First Financial Bankshares's Pre-Tax Income for the three months ended in Mar. 2024 was €59.7 Mil. Therefore, First Financial Bankshares's Tax Rate % for the quarter that ended in Mar. 2024 was 17.70%.

First Financial Bankshares Tax Rate % Historical Data

The historical data trend for First Financial Bankshares's Tax Rate % 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.

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First Financial Bankshares Tax Rate % Chart

First Financial Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.78

16.64

16.33

16.52

18.22

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
Tax Rate %	Get a 7-Day Free Trial															18.19	18.77	17.96	17.91	17.70

First Financial Bankshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

First Financial Bankshares's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	40.643	/	223.105
	=	18.22 %

First Financial Bankshares's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	10.562	/	59.687
	=	17.70 %

First Financial Bankshares Tax Rate % 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 » Tax Rate %

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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