First Financial Bankshares has extended and increased its share repurchase plan through July 31, 2027, authorizing potential buybacks of up to 7,200,000 shares. The stock trades at US$35.14, with a 7.92% 90-day return and a 17.06% year-to-date return, though the five-year total shareholder return is down 21.59%. Its price-to-earnings ratio of 18.6x sits above the US Banks industry average of 11.9x, the peer group average of 12.6x, and an estimated fair P/E of 13.3x, suggesting a premium valuation. However, a discounted cash flow model estimates fair value at US$46.52, implying the stock trades 24.5% below that level.
First Financial Bankshares IncCompany extends and increases share repurchase plan through 2027, authorizing up to 7.2 million shares.