Robert Clark Nickles Jr., a member of the board of First Financial Bankshares (NASDAQ:FFIN), recorded an acquisition of 629 shares of common stock on February 2, 2026, according to a Form 4 filed with the Securities and Exchange Commission.
The shares were bought at $32.54 apiece, bringing the total cost of the purchase to $20,467. The filing indicates the acquisition was made indirectly through a limited liability company controlled by Nickles.
Following the purchase, Nickles' holdings in First Financial Bankshares stand at 13,709 shares held directly and 96,960 shares held indirectly. The transaction is listed as a purchase in the SEC filing.
Market and valuation snapshot
InvestingPro data cited alongside the filing places FFIN's trading price at $32.95 and reports a price-to-earnings ratio of 18.37. The same data notes that the stock appears undervalued when measured against Fair Value estimates. First Financial's market capitalization is reported at $4.69 billion.
The bank also offers a dividend yield of 2.34% and has maintained its dividend payments for 33 consecutive years, figures included in the InvestingPro insights referenced in the filing.
Management changes
In separate corporate news, First Financial Bank announced promotions within its executive ranks. James Alexander has been promoted to Executive Vice President and Head of Commercial Banking, a role previously occupied by David Bailey. Bailey currently serves as President of both the company and the bank.
Alexander has been with First Financial since 2018 following the acquisition of Commercial State Bank in Kingwood, where he had served as president. Company communications describe these appointments as elements of an ongoing management succession plan, underscoring a structured approach to leadership development.
Note: The information above reflects the contents of the Form 4 filing and company announcements as presented in the referenced filing. No additional valuation conclusions or investment recommendations are provided here.