FFIN Stock Fair Value – Neuberger Berman Group LLC Reduces Stake in First Financial Bankshares as Analysts Offer Mixed Reviews

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First Financial Bankshares ($NASDAQ:FFIN) has been receiving mixed reviews from analysts lately, which has caused Neuberger Berman Group LLC to reduce its stake in the company. It operates through its subsidiaries and provides a range of financial services, including banking, mortgage banking, and wealth management services. The company also offers commercial and consumer loans, credit card services, and trust services. Recently, analysts have expressed varying opinions on First Financial Bankshares’ stock. Some consider the stock a safe bet due to its strong fundamentals and stable earnings growth.

Others have been more bearish, citing the company’s increasing exposure to the volatile energy sector and a potential slowdown in loan growth. Despite the mixed reviews, First Financial Bankshares has experienced a period of growth and remains a viable investment option. With its commitment to long-term growth and strong fundamentals, it is likely that the company will continue to be attractive to investors.

Share Price

This transaction saw FFIN stock open at $27.3 and close at $29.0, a rise of 6.2%. Analysts have generally remained divided on the prospects of the stock, with some praising the company’s strong balance sheet and consistent profitability, while others have raised concerns about the company’s exposure to the downturn in the energy industry. Despite this, shareholders have continued to show their confidence in the company, pushing share prices up almost 2%. It remains to be seen how the stock performs in the months ahead. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for FFIN. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for FFIN. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for FFIN. More…

Key Ratios Snapshot

Some of the financial key ratios for FFIN are shown below. More…

Analysis – FFIN Stock Fair Value

GoodWhale has conducted an in-depth analysis of FIRST FINANCIAL BANKSHARES, and we have determined that the stock is undervalued by 30.2%. According to our proprietary Valuation Line, FIRST FINANCIAL BANKSHARES’ intrinsic value is around $41.5. This means that the current price of the stock, which is $29.0, is significantly lower than what it should be. We believe that this presents a great opportunity for investors to get in while the stock is still undervalued. More…

Peers

There is intense competition among First Financial Bankshares Inc and its competitors Parkway Bank, First Financial Northwest Inc, CCSB Financial Corp. All these companies are trying to get a larger share of the market by offering competitive products and services. They are all fighting for a larger market share, which has led to increased advertising and promotional expenses.

– Parkway Bank ($NASDAQ:FFNW)

First Financial Northwest is a bank holding company based in Washington state. The company operates through its subsidiary, First Financial Northwest Bank. First Financial Northwest Bank is a full-service community bank that offers a variety of deposit and loan products to businesses and individuals in the Seattle-Tacoma metropolitan area. The company’s market cap as of 2022 is $138.83 million.

– First Financial Northwest Inc ($OTCPK:CCFC)

CCSB Financial Corp is a community bank holding company. The Company’s primary business is the ownership and operation of its subsidiary bank, Citizens Community Bank (the Bank). The Bank provides a range of banking services to individual and corporate customers through its offices located in central and southwestern Virginia.

Summary

First Financial Bankshares is a financial holding company whose banking operations provide services such as consumer and commercial banking, trust services, and mortgage services. Recently, Neuberger Berman Group LLC reduced their stake in the company, citing mixed reviews from analysts.

However, despite Neuberger Berman’s decision, the stock price of First Financial Bankshares moved up the same day. This suggests that investors remain optimistic about the company’s prospects. In order to make an informed investment decision, investors should consider the company’s financial performance, including its recent annual reports, industry trends, and analyst opinions.

Additionally, investors should also conduct their own research and evaluation in order to make sure their investments are well-suited to their goals and risk tolerance.