FFBC icon

First Financial Bancorp

27.31 USD
+0.49
1.83%
At close Dec 20, 4:00 PM EST
After hours
27.31
+0.00
0.00%
1 day
1.83%
5 days
-5.76%
1 month
-4.74%
3 months
7.31%
6 months
28.82%
Year to date
15.43%
1 year
15.92%
5 years
5.20%
10 years
46.36%
 

About: First Financial Bancorp is a mid-sized, regional bank holding company. It operates through its wholly-owned subsidiary, First Financial Bank, and provides banking and financial services products through its six lines of business Commercial, Retail Banking, Mortgage Banking, Wealth Management, Investment Commercial Real Estate, and Commercial Finance. First Financial utilizes a community banking business model and serves a combination of metropolitan and non-metropolitan markets through full-service banking centers around Indiana, Ohio, and Kentucky. The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial's net revenue is net interest income.

Employees: 2,165

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

14,367% more call options, than puts

Call options by funds: $2.6M | Put options by funds: $18K

133% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 21

13% more capital invested

Capital invested by funds: $1.67B [Q2] → $1.89B (+$222M) [Q3]

12% more funds holding

Funds holding: 240 [Q2] → 268 (+28) [Q3]

4% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 80

0.17% less ownership

Funds ownership: 78.74% [Q2] → 78.57% (-0.17%) [Q3]

100% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 0 (-2) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$31
14%
upside
Avg. target
$31
14%
upside
High target
$31
14%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Christopher Mcgratty
72% 1-year accuracy
13 / 18 met price target
14%upside
$31
Market Perform
Maintained
4 Dec 2024

Financial journalist opinion

Neutral
Seeking Alpha
1 month ago
First Financial Bancorp: Weakening Key Metrics, But Stabilizing
First Financial Bancorp reported a 5% drop in top-line revenues to $201 million, missing consensus estimates by $13 million, with net income at $52.5 million. Loan growth was modest at 1% annualized, driven by leasing and mortgage origination, while the cost of deposits increased, impacting net interest margin. Return metrics showed declines, with return on average assets at 1.17% and return on average equity at 8.8%, the lowest this year.
First Financial Bancorp: Weakening Key Metrics, But Stabilizing
Neutral
Seeking Alpha
1 month ago
First Financial Bancorp. (FFBC) Q3 2024 Earnings Call Transcript
First Financial Bancorp. (NASDAQ:FFBC ) Q3 2024 Earnings Conference Call October 25, 2024 8:30 AM ET Company Participants Scott Crawley - Corporate Controller Archie Brown - President and Chief Executive Officer Jamie Anderson - Chief Financial Officer Bill Harrod - Chief Credit Officer Conference Call Participants Daniel Tamayo - Raymond James Terry McEvoy - Stephens Andrew Leischner - KBW Operator Thank you for standing by.
First Financial Bancorp. (FFBC) Q3 2024 Earnings Call Transcript
Neutral
Zacks Investment Research
1 month ago
First Financial (FFBC) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for First Financial (FFBC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
First Financial (FFBC) Reports Q3 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
1 month ago
First Financial Bancorp (FFBC) Matches Q3 Earnings Estimates
First Financial Bancorp (FFBC) came out with quarterly earnings of $0.67 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.67 per share a year ago.
First Financial Bancorp (FFBC) Matches Q3 Earnings Estimates
Neutral
PRNewsWire
1 month ago
First Financial Bancorp Announces Third Quarter 2024 Financial Results and Quarterly Dividend
Earnings per diluted share of $0.55; $0.67 on an adjusted(1) basis Return on average assets of 1.17%; 1.42% on an adjusted(1) basis Net interest margin on FTE basis(1) of 4.08% Noninterest income of $45.7 million; $58.8 million on an adjusted(1) basis Average deposit growth of $166.2 million; 4.9% on an annualized basis 1.37% ACL ratio to total loans; Net charge-offs 0.25% of total loans Tangible book value increased 10.2% from linked quarter to $14.26 Board of Directors approved quarterly dividend of $0.24 CINCINNATI , Oct. 24, 2024 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the three and nine months ended September 30, 2024.
First Financial Bancorp Announces Third Quarter 2024 Financial Results and Quarterly Dividend
Neutral
PRNewsWire
2 months ago
First Financial Bancorp to Announce Third Quarter 2024 Financial Results on Thursday, October 24, 2024
CINCINNATI , Oct. 4, 2024 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) announced today that it expects to release third quarter 2024 financial results after the market close on Thursday, October 24, 2024.
First Financial Bancorp to Announce Third Quarter 2024 Financial Results on Thursday, October 24, 2024
Positive
Zacks Investment Research
3 months ago
Best Income Stocks to Buy for August 30th
MPW, OPRA and FFBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 30, 2024.
Best Income Stocks to Buy for August 30th
Positive
Zacks Investment Research
4 months ago
All You Need to Know About First Financial (FFBC) Rating Upgrade to Strong Buy
First Financial (FFBC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
All You Need to Know About First Financial (FFBC) Rating Upgrade to Strong Buy
Positive
Zacks Investment Research
4 months ago
New Strong Buy Stocks for August 16th
FLIC, FFBC, SN, EAT and SBSI have been added to the Zacks Rank #1 (Strong Buy) List on August 16, 2024.
New Strong Buy Stocks for August 16th
Positive
Zacks Investment Research
4 months ago
Best Income Stocks to Buy for August 16th
FLIC, SBSI and FFBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 16, 2024.
Best Income Stocks to Buy for August 16th
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