First Financial BancorpFFBC
Market Cap: $2.43B
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
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,583% more call options, than puts
Call options by funds: $1.31M | Put options by funds: $78K
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
48% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 21
4% more funds holding
Funds holding: 229 [Q1] → 239 (+10) [Q2]
0.26% less ownership
Funds ownership: 77.96% [Q1] → 77.7% (-0.26%) [Q2]
1% less capital invested
Capital invested by funds: $1.66B [Q1] → $1.65B (-$13.4M) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 82
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
RBC Capital Jon Arfstrom 79% 1-year accuracy 41 / 52 met price target | 14%upside $29 | Sector Perform Maintained | 29 Jul 2024 |
Keefe, Bruyette & Woods Christopher Mcgratty 73% 1-year accuracy 11 / 15 met price target | 6%upside $27 | Market Perform Maintained | 29 Jul 2024 |