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StocksMedium•6 April 2026•

1 min read

Phocas Financial Corp. Acquires Stake in First Financial Bankshares Following Strong Q4 Earnings

Key Facts

1Phocas Financial Corp. acquired 117,686 shares of First Financial Bankshares valued at approximately $3.515 million.

2Institutional ownership of First Financial Bankshares reached 69.78% following increased holdings by investors like SG Americas Securities.

3The bank reported Q4 EPS of $0.51, beating estimates, and declared a quarterly dividend of $0.19 per share.

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Phocas Financial Corp. has significantly expanded its portfolio by acquiring 117,686 shares of First Financial Bankshares, Inc. (FFIN), a position valued at approximately $3.515 million. This move comes as institutional interest in the regional lender surges, with total institutional ownership now reaching 69.78%. Other major players, including SG Americas Securities LLC, have also bolstered their holdings in the bank recently, reflecting growing confidence in its financial health. The increased investment follows a robust performance where the bank reported a fourth-quarter earnings per share (EPS) of $0.51, surpassing analyst estimates. Furthermore, the company declared a quarterly dividend of $0.19 per share, maintaining an attractive yield for its shareholders. Analysts view this institutional backing as a positive signal for the bank's stability and growth potential within the financial sector.