Royce & Associates Reduces Stake in First Financial Bankshares

Investment firm sells over 100,000 shares of regional bank stock

Published on Mar. 5, 2026

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Royce & Associates LP, an investment management firm, reduced its stake in First Financial Bankshares, Inc. (NASDAQ:FFIN) by 39% in the third quarter, according to a recent SEC filing. The firm sold 100,620 shares of the regional bank's stock during the period.

Why it matters

This transaction represents a significant reduction in Royce & Associates' position in First Financial Bankshares, a regional bank with a strong presence in Texas. The sale could signal a shift in the investment firm's outlook on the bank's prospects or a rebalancing of its overall portfolio.

The details

According to the filing, Royce & Associates now owns 157,561 shares of First Financial Bankshares, worth approximately $5.3 million. The firm previously held 258,181 shares. The sale represents a 39% reduction in Royce & Associates' stake in the bank.

  • The transaction took place in the 3rd quarter of the reporting period.

The players

Royce & Associates LP

An investment management firm that previously held a significant stake in First Financial Bankshares.

First Financial Bankshares, Inc.

A regional bank holding company headquartered in Cincinnati, Ohio, with a strong presence in Texas.

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The takeaway

This transaction highlights the dynamic nature of institutional investor portfolios and the ongoing evaluation of investment theses in the banking sector. The reduction in Royce & Associates' position in First Financial Bankshares may prompt further analysis of the bank's performance and outlook by investors and analysts.