#Board of Directors #Abilene #First Financial

First Financial Bankshares Declares Increased Dividends

On April 28, 2026, during its Annual Shareholders' Meeting held in Abilene, Texas, First Financial Bankshares, Inc. (NASDAQ: FFIN) announced an increase in its quarterly cash dividend to $0.22 per share – a remarkable rise of 15.8 percent. This dividend will be distributed to shareholders registered by June 12, 2026, with the payment scheduled for July 1, 2026. The announcement marks a pivotal moment for the financial institution, reflecting its commitment to enhancing shareholder value.

Board Elections

At the same meeting, shareholders also played a crucial role in the governance of the company by electing thirteen members to the Board of Directors. Among the newly elected are notable figures such as Vianei Lopez Braun, an attorney from Fort Worth; David Copeland, President of SIPCO, Inc. and Shelton Family Foundation; and Sally Pope Davis, a retired managing director from Goldman Sachs. This diverse group brings a wealth of experience from various fields, promising to guide the bank towards continued success.

The elections also highlighted the retirement of Johnny E. Trotter, who concluded a remarkable 32-year tenure on the board. His leadership was acknowledged by the shareholders as instrumental to the bank's achievements over the decades.

Other Significant Resolutions

In addition to the dividend declaration and board elections, shareholders ratified the selection of Ernst & Young LLP as independent auditors for the company, ensuring a high level of financial integrity and oversight. An advisory vote concerning the compensation of named executive officers was also held and approved, demonstrating a commitment to transparency in corporate governance.

During the shareholder luncheon, insightful discussions were led by Tom Michaud, President and CEO of Keefe, Bruyette & Woods, who provided valuable perspectives on the regional banking sector, emphasizing the company's strong performance amidst challenging market conditions. Furthermore, Horst Schulze, esteemed founder of The Ritz-Carlton Hotel Company, was honored for his seven-year partnership aimed at enhancing the bank's customer service initiatives, underlining the bank's dedication to exceptional service.

Future Outlook

David Bailey, President and CEO, expressed gratitude to shareholders for their continued support. He stated, “We are pleased to announce this increase in our quarterly cash dividend and appreciate our shareholders for electing the Board of Directors.