First Financial Bankshares Names James Hinton President of First Financial Mortgage
1. James Hinton appointed as President of First Financial Mortgage.
2. Hinton has over 40 years in mortgage finance leadership.
3. His leadership could drive growth for First Financial Mortgage.
4. Hinton's background includes successful sale of his family-owned mortgage company.
5. James is also a community mentor aiding small business startups.
Hinton's extensive experience may enhance the bank's mortgage capabilities, positively influencing FFIN's performance. Historical successes like Wells Fargo after leadership changes provide context for potential growth.
How important is it?
The appointment of a seasoned leader in mortgage finance can directly affect First Financial's competitive stance and growth trajectory, impacting investor sentiment.
Why Short Term?
Leadership changes usually yield immediate effects on company morale and strategic direction, influencing quarterly performance early.
First Financial Bankshares, Inc. Announces New President for First Financial Mortgage
ABILENE, Texas, May 1, 2025 /PRNewswire/ -- The Board of Directors of First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company") has named James Hinton as President of First Financial Mortgage.
"We are excited to welcome James into this important leadership position for First Financial Mortgage," said David Bailey, President of First Financial Bankshares. "James has over four decades of leadership in the mortgage finance industry and he brings a level of energy that will help drive our Mortgage team forward as we continue to grow."
Hinton is a lifelong Texan and has deep roots in the Dallas business community. Right out of college, James took the reins of his family's mortgage company that was founded in 1950. Under his leadership, the company flourished until its successful sale in 1992. Following the sale of his business, Hinton has maintained several roles in mortgage finance, most recently serving as Executive Vice President of Residential Mortgage Warehouse Lending at Independent Financial.
James is a graduate of Southwestern Methodist University in Dallas, Texas. In addition to his professional achievements, Hinton is dedicated to giving back to the community. He has served as a certified SCORE mentor, where he provides guidance and support to small business startups.
About First Financial Bankshares, Inc.
Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that through its wholly-owned subsidiary, First Financial Bank, operates multiple banking regions with 79 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Franklin, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Lumberton, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, with nine locations and First Technology Services, Inc., a technology operating company.
The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial, please visit our website at http://www.ffin.com.