First Financial Bankshares, Inc.
FFINFinancial Services · Stock · quarterly payer
Forward Yield
2.54%
Annual Dividend
$0.88
Payout Ratio
42%
5-Yr Growth
8.0%
Ex-Date
Jun 12, 2026
Frequency
Quarterly
Summary
As of July 2026, First Financial Bankshares, Inc. (FFIN) yields 2.54% ($0.88 per share annually), with a blended fair-value estimate of $52.18 — +50% upside, so it screens as undervalued. Dividend safety grade: A (94/100). 14 years of dividend growth.
Is FFIN a good dividend stock?
YesFirst Financial Bankshares, Inc. (FFIN) pays a quarterly dividend yielding 2.54% ($0.88/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (42%)
- Strong 8.0% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.54%
- Payout Ratio
- 42%
- Annual Dividend
- $0.88
- 5-Yr Avg Growth
- 8.0%
- Ex-Dividend Date
- Jun 12, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.83
- Market Cap
- $5.0B
- P/E Ratio
- 18.5
- 5-Yr Total Return
- -27%
- 52-Week Range
- $28.12 – $38.12
- Dividend Safety
- A · 94/100
- Ever Cut?
- No
Frequently Asked Questions
FFIN Price — Last 12 Months
Daily close
Price Return
1 Year
-7%
3 Years
+21%
5 Years
-27%
52-Week Range
$28.12 – $38.12
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FFIN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for First Financial Bankshares, Inc. is $52.18 per share, versus a market price of $34.68. That implies 50% of upside — a margin of safety of about 34%.
Fair Value
$52.18
Current Price
$34.68
Upside
+50%
Margin of Safety
34%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -0.0% annual free-cash-flow growth. We model 15.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.4% discount rate (CAPM), 15.7% stage-1 growth, 2.5% terminal growth, $1.87 EPS, $0.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FFIN Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 12, 2026 | — | $0.2200 | regular |
| Mar 13, 2026 | — | $0.1900 | regular |
| Dec 15, 2025 | — | $0.1900 | regular |
| Sep 15, 2025 | — | $0.1900 | regular |
| Jun 16, 2025 | — | $0.1900 | regular |
| Mar 14, 2025 | — | $0.1800 | regular |
| Dec 13, 2024 | — | $0.1800 | regular |
| Sep 12, 2024 | — | $0.1800 | regular |
| Jun 14, 2024 | — | $0.1800 | regular |
| Mar 14, 2024 | — | $0.1800 | regular |
| Dec 14, 2023 | — | $0.1800 | regular |
| Sep 13, 2023 | — | $0.1800 | regular |
| Jun 14, 2023 | — | $0.1800 | regular |
| Mar 10, 2023 | — | $0.1700 | regular |
Income Calculator
At $0.88 / yr per share
