NEW YORK ( TheStreet) -- First Financial Bankshares (Nasdaq: FFIN) hit a new 52-week high Thursday as it is currently trading at $55.14, above its previous 52-week high of $55.10 with 50,453 shares traded as of 1:22 p.m. ET. Average volume has been 53,500 shares over the past 30 days.

First Financial has a market cap of $1.1 billion and is part of the financial sector and banking industry. Shares are up 7.1% year to date as of the close of trading on Wednesday.

First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services primarily in Texas. The company has a P/E ratio of 18.5, below the average banking industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 16.9.
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TheStreet Ratings rates First Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, expanding profit margins, notable return on equity and compelling growth in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full First Financial Ratings Report.

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