First Financial Bankshares, Inc. reported net earnings of $61.35 million for the first quarter of 2025, an increase from $53.40 million in the same quarter a year ago. Basic and diluted earnings per share were $0.43 for the quarter, up from $0.37 in the first quarter of 2024.
Net interest income for the first quarter of 2025 was $118.79 million, compared to $100.24 million for the first quarter of 2024. The tax-equivalent net interest margin expanded to 3.74% from 3.34% in the prior year, driven by balance sheet growth and bond investments.
Total assets reached $14.31 billion at March 31, 2025, with loans totaling $7.95 billion and deposits and repurchase agreements at $12.52 billion. The company's efficiency ratio improved to 46.36% from 48.37% in the first quarter of 2024, indicating enhanced operational effectiveness.
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