First Financial director Michael B. Denny buys $99,816 of common stock

Michael B. Denny, a director at First Financial Bankshares Inc., recently acquired 3,245 shares of common stock for a total of $99,816 on October 29, 2026. The shares were bought at $30.76 per share. The purchase occurred while the stock was trading at a P/E ratio of 15.07, and an InvestingPro analysis indicated that the company was undervalued compared to its Fair Value.

The bank offers a dividend yield of 2.88% and has increased its dividend for 15 consecutive years. Following the purchase, Mr. Denny indirectly owns 9,745 shares through an IRA and 107,350 shares via a limited partnership. First Financial Bankshares reported third quarter earnings that met analyst expectations, with adjusted earnings per share of $0.52, while revenue fell short of projections.

Despite this, the company's net income increased by 42% to $74.31 million. Analysts lowered their price targets for the stock but maintained a Buy rating, citing strong quarterly performance and net interest margin expansion.