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Stock impact report

First Financial Bankshares Announces First Quarter Earnings Results

First Financial Bankshares, Inc. (FFIN) 
Last first financial bankshares, inc. earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
ABILENE, Texas, April 23, 2020 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported earnings for the first quarter of 2020 of $37.23 million when compared with earnings of $38.25 million in the same quarter last year. Basic earnings per share were $0.26 for the first quarter of 2020 compared with $0.28 in the same quarter a year ago. Included in noninterest expense in the first quarter of 2020, were technology contract termination and conversion related costs totaling $3.81 million related to the acquisition of The Bank & Trust of Bryan/College Station (see below).All amounts for the quarter ended March 31, 2020, include the results of the Company's recent acquisition of TB&T Bancshares, Inc. and its wholly owned subsidiary, The Bank & Trust of Bryan/College Station, Texas which was effective January 1, 2020. As of the acquisition date, The Bank & Trust of Bryan/College Station had total assets of approximately $631.41 million, total loans of approximately $4 Show less Read more
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