First Financial Bankshares (FFIN) Q2 2026: Net Income Up 7.86% Despite Narrow Misses

First Financial Bankshares reported Q2 2026 earnings per share of $0.50, just a fraction below the $0.502 consensus estimate, while revenue came in at $172.76 million against an expected $173.03 million. Both shortfalls were razor-thin, and the headline numbers tell only part of the story: net income grew 7.86% year-over-year, signaling that the underlying business is generating meaningfully more profit than it was a year ago.

Two drivers stand out in the quarter. Net interest margin expanded to 3.90%, a key measure of how profitably a bank lends relative to what it pays depositors, and wealth management assets under management grew to $12.23 billion — both pointing to progress on the higher-margin parts of the franchise. Looking back at recent quarters, FFIN has generally tracked close to or above estimates, with the notable exception of Q2 2025 when reported EPS of $0.36 fell well short of the $0.47 estimate, making this quarter's near-miss look considerably more stable by comparison.

The EPS history shows a clear upward trend from $0.39 in Q2 2024 to $0.50 in Q2 2026, suggesting the bank has been steadily growing its earnings power over the past two years despite the occasional stumble.