First Financial Bankshares reports Q4 2021 earnings of $55.34M; full-year EPS $1.60

FIRST FINANCIAL BANKSHARES INC

2021-FY EPS reported $1.59

Fourth quarter 2021 net income $55.34M, down from $58.48M a year ago; earnings per share $0.39 vs $0.41
Full-year 2021 net income $227.56M, up 12.64% from $202.03M in 2020; EPS $1.60 vs $1.42
Loans excluding PPP grew $648.81M (13.84%) and deposits increased $1.89B (21.79%) from year-end 2020
Nonperforming assets improved to 0.63% of loans and foreclosed assets from 0.83% a year ago
Marks 35th consecutive year of annual earnings growth; assets reached $13.10B at Dec 31, 2021

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