#United States #Forbes #Abilene #Best Banks #First Financial Bank

First Financial Bank's Remarkable Achievement

In a significant milestone for the banking industry, First Financial Bank has been recognized as the third-best bank in the United States according to Forbes' latest listing of America's Best Banks for the year 2025. This prestigious ranking is the result of careful evaluation of the country's largest publicly traded banks, showcasing institutions that have demonstrated exceptional financial performance and commitment to customer satisfaction.

Commitment to Excellence

David Bailey, the President of First Financial Bankshares, expressed immense pride in this accomplishment, attributing it to the relentless efforts of their dedicated team. "We are incredibly proud to be rated number three in Forbes' America's Best Banks for 2025," stated Bailey, emphasizing that this recognition reflects the unwavering commitment their team has towards upholding their 21 Non-Negotiables—a series of principles focused on delivering outstanding customer service.

The Criteria Behind the Ranking

Forbes utilized a comprehensive approach to determine the rankings, analyzing 200 of the country’s largest banks and thrifts. They employed 11 different metrics to measure growth, credit quality, and profitability. These metrics included:

• - Net interest margin
• - Return on average tangible common equity
• - Return on average assets
• - CET1 ratio
• - Efficiency ratio
• - Nonperforming assets as a percentage of total assets
• - Reserves as a percentage of total assets
• - Risk-based capital ratio
• - Operating revenue growth
• - Net charge-offs as a percentage of total loans

The analysis covered a 12-month period ending on September 30, 2024, alongside the stock performance up to January 10, 2025. The rigorous validation ensures that customers can trust the quality of banking services provided by the ranked institutions.

A Leader in Innovation and Service

First Financial Bank, headquartered in Abilene, Texas, operates 79 locations across the state, delivering a diverse array of financial products and services tailored to meet customer needs. This strategic regional presence allows the bank to cultivate relationships and understand the unique needs of their clientele.

The bank is also known for integrating modern technology into its services. With the establishment of First Technology Services, Inc., they demonstrate a commitment to innovation that supports their banking operations, offering both efficiency and improved service delivery.

Looking Ahead

As the banking landscape continues to evolve, First Financial Bank is poised for future growth and success. Bailey’s statement reveals a vision geared towards continuous improvement and exceptional service. The bank aims to enhance its reputation in the financial sector while maintaining robust results for its shareholders.

This accolade not only boosts the bank's visibility but also serves as a motivating factor for the team to maintain their high standards of excellence. For comprehensive insights into Forbes' 2025 America's Best Banks list, interested individuals can visit Forbes' official website.

In conclusion, First Financial Bank’s recognition as the third-best bank is not merely a badge of honor but a stepping stone towards greater achievements in the future, reinforcing its role as a leader in the banking community.