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First Financial Bankshares Named As Number Three Bank In Nation In $5 - $50 Billion Category By Bank Director Magazine
ABILENE, Texas, July 20, 2020 /PRNewswire/ -- First Financial Bankshares, Inc.'s (NASDAQ: FFIN) has been named as the #3 top-performing publicly traded bank
About this update from First Financial Bankshares, Inc.
[{"type":"text","content":"ABILENE, Texas, July 20, 2020 /PRNewswire/ -- First Financial Bankshares, Inc.'s (NASDAQ: FFIN) has been named as the #3 top-performing publicly traded bank in the nation in the $5 - $50 billion asset category by Bank Director Magazine. The magazine's annual scorecard ranks all publicly traded banks in four asset size categories on the basis of profitability, capital adequacy and asset quality. \n\"We certainly are pleased to be named as one of the top banks in the nation again this year,\" said F. Scott Dueser, Chairman, President and Chief Executive Officer. \"This accomplishment is due to the direction of our Board, the support of our shareholders, the dedication of our employees and the loyalty of our customers who have kept us Texas Strong for more than 130 years. Even in unprecedented times, we remain steadfast in our commitment to meet the challenges of today while continuing to grow and provide excellence in customer service. We accept this honor with great humility and are extremely gratified to have been the only bank rated between number seven and number one in the nation for the last 12 consecutive years.\"\nFor its list of the top-performing publicly traded banks, Bank Director Magazine looked at profitability measures including return on average assets and return on average equity; strength of capital in the tangible common equity to tangible asset ratio; and asset quality measures including the ratio of nonperforming assets to total loans and other real estate owned, and net charge-offs to average loan ratio.\nThe entire story and full ranking from Bank Director Magazine are available on their website at www.bankdirector.com.\nAbout First Financial Bankshares\nHeadquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 78 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, S...