First Financial Bankshares
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Financial Bankshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $478,049,000. Profit margin reached 42%. Total operating expenses were $243,299,000.
Profit Margin
| 2014 | 253.22M | 89.55M | 35.37% |
|---|---|---|---|
| 2015 | 283.65M | 100.38M | 35.39% |
| 2016 | 303.77M | 104.77M | 34.49% |
| 2017 | 320.25M | 120.37M | 37.59% |
| 2018 | 365.24M | 150.63M | 41.24% |
| 2019 | 387.66M | 164.81M | 42.51% |
| 2020 | 478.58M | 202.03M | 42.21% |
| 2021 | 500.56M | 227.56M | 45.46% |
| 2022 | 520.84M | 234.47M | 45.02% |
| 2023 | 478.04M | 198.97M | 41.62% |
FFIN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 478.04M | 520.84M | 500.56M | 478.58M | 387.66M | 365.24M | 320.25M | 303.77M | 283.65M | 253.22M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 478.04M | 520.84M | 500.56M | 478.58M | 387.66M | 365.24M | 320.25M | 303.77M | 283.65M | 253.22M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 6.03M | 6.38M | 6.36M | 4.60M | 6.81M | 6.66M | 6.33M | 6.28M | 5.88M | 5.94M |
Total operating expenses | 243.29M | -206.97M | -228.59M | -236.22M | -189.63M | -159.15M | -154.76M | -151.56M | -137.16M | -121.46M |
Operating income | 0 | 313.86M | 271.97M | 242.36M | 198.03M | 206.08M | 165.48M | 152.21M | 146.49M | 131.76M |
Other income (expenses), net | 243.29M | -32.99M | 271.97M | -12.61M | 198.03M | -27.91M | -9.77M | -16.28M | -3.71M | -5.90M |
Income before tax | 243.29M | 280.87M | 271.97M | 242.36M | 198.03M | 178.17M | 147.18M | 135.92M | 131.81M | 118.59M |
Income tax expense | 44.32M | 46.39M | 44.40M | 40.33M | 33.22M | 27.53M | 34.46M | 31.15M | 31.43M | 29.03M |
Net income | 198.97M | 234.47M | 227.56M | 202.03M | 164.81M | 150.63M | 120.37M | 104.77M | 100.38M | 89.55M |
Earnings per share | ||||||||||
Basic EPS | 1.39 | 1.64 | 1.6 | 1.42 | 1.22 | 1.11 | 0.91 | 0.8 | 0.78 | 0.7 |
Diluted EPS | 1.39 | 1.64 | 1.59 | 1.42 | 1.21 | 1.11 | 0.91 | 0.8 | 0.77 | 0.7 |
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