First Financial Bankshares Q2 Profit Rises - Quick Facts

(RTTNews) - First Financial Bankshares Inc. (FFIN) Thursday reported second-quarter profit of $19.49 million or $0.62 per share, up from $18.35 million or $0.58 per share in the same period last year.

On average, eight analysts polled by Thomson Reuters expected the company to earn $0.61 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income increased 7.64 percent to $41.50 million from $38.56 million last year. Net-interest margin was 4.18 percent, compared to 4.33 percent last year.

Non-interest income totaled $15.15 million, up 12.54 percent from $13.46 million last year. The provision for loan losses was $832 thousand, compared to $759 thousand last year.