First Financial Hikes Dividend by 15.8% and Elects New Board of Directors

Key Facts

The Board of Directors of First Financial Bankshares has announced a robust 15.8% increase in its second-quarter cash dividend to $0.22 per share, confirmed during the 2026 Annual Shareholders' Meeting where thirteen board members were elected. In a related sector development, First Horizon Corporation declared a quarterly cash dividend of $0.17 per common share, payable on July 1, 2026. Additionally, First Horizon approved cash dividends for its Series E, F, and H Preferred Stock, as well as First Horizon Bank's Class A Preferred Stock. These strategic moves reflect management's confidence in the capital position and ongoing profitability of both institutions. Such developments serve as bullish signals for regional banking investors, highlighting a commitment to returning value to shareholders. The institutions continue to balance growth objectives with disciplined capital management policies.

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