First Financial Bank Achieves Top Three Ranking by Forbes
First Financial Bank's Remarkable Achievement
First Financial Bank proudly announces its remarkable distinction as the third-best bank in the nation as recognized by Forbes' prestigious list, America's Best Banks 2025. This esteemed accolade underscores the Bank's ongoing commitment to delivering exceptional financial services while focusing on customer satisfaction and innovation.
Commitment to Excellence
David Bailey, President of First Financial Bankshares, expressed profound pride in this accomplishment. He remarked, "We are incredibly proud to be rated number three in Forbes' America's Best Banks for 2025. This achievement is a testament to the hard work and commitment of our team as well as our unwavering dedication to our 21 Non-Negotiables that prioritize exceptional customer service. Together, we strive to create an outstanding banking experience for our customers and deliver strong results for our shareholders." This dedication is evident in the bank’s overall approach to serving its clients and maintaining robust practices.
Understanding the Ranking Process
In determining the top banks, Forbes evaluated the largest 200 publicly traded banks and thrifts in the United States, utilizing a comprehensive ranking method. They applied 11 carefully selected financial metrics to measure vital aspects such as growth, credit quality, and profitability over the year ending September 30, 2024. Additionally, the analysis took into account stock performance for the 12 months ending January 10, 2025. This rigorous selection process involves examining ten key metrics including net interest margin, return on average tangible common equity, and efficiency ratio, ensuring a detailed and equitable ranking of the banks.
About First Financial Bank
First Financial Bank is a wholly owned subsidiary of First Financial Bankshares, Inc. (NASDAQ: FFIN). As a notable player in the financial services sector, First Financial Bank operates a network of banking facilities across various regions with 79 locations statewide. This extensive network ensures they can better cater to the diverse financial needs of their clients.
Company Operations and Services
Under First Financial Bankshares, the bank operates not only through traditional banking but also through various divisions including First Financial Trust & Asset Management Company, enhancing its comprehensive service offering. This includes asset management, consulting services, and comprehensive financial planning tailored for individual and corporate clients alike. Such diverse services ensure the bank can serve a broad spectrum of the public while adapting to changing market conditions.
Looking Ahead
Looking forward, First Financial Bank remains devoted to further enhancing its customer experience and operational excellence. The bank is focused on leveraging its resources to continue innovating in the banking sector, ensuring it retains its competitive edge and further solidifying its market position. With a strong emphasis on community engagement and tailored solutions, First Financial Bank aspires to not only maintain but improve its rank in future evaluations.
Frequently Asked Questions
What is First Financial Bank's recent recognition?
First Financial Bank has been recognized as the third-best bank in the USA by Forbes in its America's Best Banks 2025 list.
How did Forbes determine the ranking?
The ranking was based on an assessment of the 200 largest publicly traded banks and thrifts in the country, evaluated across various financial metrics.
Who is the President of First Financial Bankshares?
David Bailey serves as the President of First Financial Bankshares and has expressed pride in the bank's achievements.
What services does First Financial Bank offer?
First Financial Bank offers a wide range of services including traditional banking, asset management, and financial consulting.
What is the stock ticker for First Financial Bankshares?
The stock ticker for First Financial Bankshares is NASDAQ: FFIN.
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