First Financial Bancorp.

First Financial Bancorp.

FFBCยทNASDAQ

$29.77

-0.034%
Financial ServicesBanks - Regional

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.

At a Glance

Live Snapshot
Market Cap$3.12B
EPS2.6900
P/E Ratio11.07
Earnings Date07/23/2026
First Financial Bancorp.

First Financial Bancorp. Fair Value Envelope

FFBC ยท NASDAQ

Our analysis suggests that FFBC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $29.77, this represents a potential HIDDEN relative to our calculated worth for First Financial Bancorp..

Intrinsic Value
Current Price: $29.77

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$52.3B
+ Cash & Equivalents$178.6M
Firm Value$52.4B
- Debt$1.2B
Equity Value$51.3B
/ Shares Outstanding94,716,277B
DCF Value$541
UNDERVALUED BY 1718%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$444.4M
$584.5M
$768.9M
$1.0B
$1.3B
$1.7B
$2.3B
$3.0B
$4.0B
$5.2B
Maintenance CapEx
-$5.5M
-$7.2M
-$9.4M
-$12.4M
-$16.3M
-$21.5M
-$28.3M
-$37.2M
-$48.9M
-$64.4M
Owner Earnings
$438.9M
$577.4M
$759.4M
$998.9M
$1.3B
$1.7B
$2.3B
$3.0B
$3.9B
$5.2B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$406.4M
$495.0M
$602.9M
$734.2M
$894.2M
$1.1B
$1.3B
$1.6B
$2.0B
$2.4B
Terminal Value represents 77.9% of Enterprise Value