Key Developments For First Financial Bankshares Inc
First Financial Bankshares Inc (FFIN.O) (Nasdaq)
First Financial Bankshares Renews Loan Pact With Frost Natl Bank-DJ
Dow Jones reported that First Financial Bankshares said that it has renewed its loan agreement with Frost National Bank, that allows the Company to draw up to $50 million on a revolving line of credit. Prior to December 31, 2009, interest is paid quarterly at Wall Street Journal Prime and the credit line matures December 31, 2009.
First Financial Bankshares's First Financial Bank Sweetwater To Open New Bank Office In Merkel, Texas
First Financial Bank, N.A., Sweetwater, announced that it plans to open a new branch bank in Merkel, Texas. First Financial Bank Sweetwater is a subsidiary of First Financial Bankshares. The new Merkel branch will be First Financial Bank's fourth location. It operates banks in Sweetwater, Roby and Trent. Merkel is located along Interstate 20, between Sweetwater and Abilene in western Taylor County.
First Financial Bankshares Announces Increase In Cash Dividend
First Financial Bankshares announced that the Board of Directors declared a 6.3% increase in the quarterly cash dividend. The quarterly dividend will be raised from 32 cents to 34 cents per share and will be paid to shareholders of record on June 16, 2008, with payment set for July 1, 2008.
First Financial Bankshares Announces Increase In Cash Dividend
First Financial Bankshares announced that it has declared a 6.7% increase in the quarterly cash dividend. The quarterly dividend will be raised from $0.30 to $0.32 per share and will be paid to shareholders of record on June 15, 2007, with payment set for July 2, 2007.
First Financial Bankshares Announces Dividend Increase, Announces Stock Buyback Plan
First Financial Bankshares announced that it has declared a 7.1% increase in the quarterly cash dividend, raising the dividend to 30 cents per share, which will be paid to shareholders of record on June 16, 2006, with payment set for July 3, 2006. The Company has also announced the extension of its Stock Repurchase Plan, first adopted in 2000. The Board of Directors has authorized the repurchase of up to 500,000 shares of common stock for an additional three years. This represents 2.4% of the total shares outstanding.
