First Financial Bankshares Inc.
First Financial Bankshares, Inc. is a leading Texas-based financial holding company, founded in 1983 and headquartered in Abilene, TX. With a legacy spanning over 125 years through its predecessor banks, it operates more than 70 locations across Texas, offering community banking, mortgage, trust, and wealth management services. With a reputation for stability and excellent service, it serves individuals, businesses, and high-net-worth clients. The firm employs a significant but undisclosed number of employees and is noted for its community-first philosophy and regional banking expertise.
Investment Strategy
First Financial Bankshares, Inc. focuses on a community banking model, prioritizing local relationships and personalized service. The company uses a diversified lending portfolio, including commercial, personal, and mortgage loans, alongside deposit and trust products. Its philosophy centers on conservative risk management, maintaining asset quality, operational efficiency, and leveraging technology to enhance customer experience. Growth is achieved through both organic expansion and strategic acquisitions of other community banks in Texas, always with a focus on building long-term value and strong community ties.
Top Holdings
Equity Positions (205)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 7.02% | $313.4M | 629,999 | $379.89 | $497.41 | +$78.1M |
J JPM | JPMORGAN CHASE & CO. | 5.14% | $229.6M | 791,817 | $171.15 | $289.91 | +$36.6M |
A AVGO | BROADCOM INC | 4.91% | $219.2M | 795,369 | $117.57 | $275.65 | +$85.2M |
B BND | VANGUARD BD INDEX FDS | 4.17% | $186.4M | 2,531,249 | $73.48 | $73.63 | +$5.8M |
I IJH | ISHARES TR | 3.81% | $170.0M | 2,740,978 | $55.71 | $62.02 | +$13.8M |