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First Financial Bankshares: Focused And Reaping The Benefits Of Banking In Texas

After rising 67% in the past 52-weeks, it is understandable that the price targets for First Financial Bankshares (NASDAQ:FFIN) are slightly under the bank's current market price of $57.69 per share. But, the premium paid for these shares appear to be warranted.

First Financial is one of the fastest growing regional banks in Texas (though all appear to be very fast growing) but it is one that has a very unique strategy that I believe gives the bank a competitive advantage that isn't found in most of the its regional peers.

I'm timid of the current market valuation of FFIN because it is getting a premium well above the industry average but, the bank is setting up for...

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