Market Intelligence

If you rank all the banks on the KBW Nasdaq Regional Banking Index by valuation, there is an obvious outlier: First Financial Bankshares. Its stock trades for 4.29 times its tangible book value per share. That’s more than twice the average on the index, which is 1.75 times tangible book value. There isn’t even a close second. Shares of the runner-up, DeWitt, New York-based Community Bank System, trade for 3.16 times tangible book value – a hefty multiple in its own right. Logic seems to suggest that this is a reflection of First Financial’s superior profitability. But while the $8…

You have accessed a resource that is only available to our Bank Services members and Subscribers.

From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].

Read The Article

Please enter your username and password below. If you have established a password please click ‘forgot your password’


John Maxfield


John Maxfield is a freelance writer for Bank Director magazine. He was previously the senior banking specialist at The Motley Fool. He regularly writes for Bank Director magazine and BankDirector.com. His work has been syndicated widely to national publications including USA Today, Time and Business Insider, and he’s been a regular guest on CNBC. John has a bachelor’s degree in economics from Lewis & Clark College and a juris doctorate from Southern Methodist University. He’s a licensed attorney in the State of Oregon.

Join OUr Community

Bank Director’s annual Bank Services Membership Program combines Bank Director’s extensive online library of director training materials, conferences, our quarterly publication, and access to FinXTech Connect.

Become a Member

Our commitment to those leaders who believe a strong board makes a strong bank never wavers.