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Financial Services - Banks - Regional - NASDAQ - US
$ 29.1
0.0688 %
$ 2.78 B
Market Cap
12.6
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one FFBC stock under the base case scenario is HIDDEN Compared to the current market price of 29.1 USD, First Financial Bancorp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FFBC

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FINANCIALS
797 M REVENUE
12.40%
0 OPERATING INCOME
0.00%
256 M NET INCOME
17.58%
487 M OPERATING CASH FLOW
142.46%
-701 M INVESTING CASH FLOW
20.59%
220 M FINANCING CASH FLOW
-67.17%
201 M REVENUE
-35.96%
64.9 M OPERATING INCOME
-18.75%
52.5 M NET INCOME
-13.74%
86.6 M OPERATING CASH FLOW
24.64%
9.18 M INVESTING CASH FLOW
101.61%
-99 M FINANCING CASH FLOW
-20.02%
Balance Sheet Decomposition First Financial Bancorp.
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Current Assets 191 M
Cash & Short-Term Investments 191 M
Receivables 0
Other Current Assets 0
Non-Current Assets 18.7 B
Long-Term Investments 1.38 B
PP&E 348 M
Other Non-Current Assets 16.9 B
Current Liabilities 9.74 B
Accounts Payable 0
Short-Term Debt 938 M
Other Current Liabilities 8.8 B
Non-Current Liabilities 5.44 B
Long-Term Debt 344 M
Other Non-Current Liabilities 5.1 B
EFFICIENCY
Earnings Waterfall First Financial Bancorp.
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Revenue 797 M
Cost Of Revenue -319 M
Gross Profit 1.12 B
Operating Expenses 387 M
Operating Income 0
Other Expenses -256 M
Net Income 256 M
RATIOS
140.01% GROSS MARGIN
140.01%
0.00% OPERATING MARGIN
0.00%
32.12% NET MARGIN
32.12%
11.28% ROE
11.28%
1.46% ROA
1.46%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis First Financial Bancorp.
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Net Income 256 M
Depreciation & Amortization 37.8 M
Capital Expenditures -24.1 M
Stock-Based Compensation 14.9 M
Change in Working Capital 128 M
Others 126 M
Free Cash Flow 454 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets First Financial Bancorp.
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Wall Street analysts predict an average 1-year price target for FFBC of $25 , with forecasts ranging from a low of $25 to a high of $25 .
FFBC Lowest Price Target Wall Street Target
25 USD -14.09%
FFBC Average Price Target Wall Street Target
25 USD -14.09%
FFBC Highest Price Target Wall Street Target
25 USD -14.09%
4. DIVIDEND ANALYSIS
0.95% DIVIDEND YIELD
0.24 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership First Financial Bancorp.
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Sold
0-3 MONTHS
1.95 M USD 7
3-6 MONTHS
343 K USD 1
6-9 MONTHS
248 K USD 1
9-12 MONTHS
340 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
4 days ago
Nov 13, 2024
Sell 28 K USD
Dennen Richard S
Chief Corp. Banking Officer
- 932
30 USD
6 days ago
Nov 11, 2024
Sell 149 K USD
Dennen Richard S
Chief Corp. Banking Officer
- 5000
29.7577 USD
1 week ago
Nov 07, 2024
Sell 322 K USD
OBRIEN THOMAS MURRAY
Director
- 11245
28.627 USD
1 week ago
Nov 06, 2024
Sell 296 K USD
Berta Vince
Director
- 10000
29.59 USD
1 week ago
Nov 06, 2024
Sell 87.9 K USD
Crawley Scott T
Controller & Prin Actg Officer
- 3000
29.31 USD
2 weeks ago
Oct 30, 2024
Sell 97.5 K USD
Shank James R
Chief Internal Auditor
- 3700
26.34 USD
2 weeks ago
Oct 29, 2024
Sell 201 K USD
Booth Cynthia O
Director
- 7700
26.04 USD
2 months ago
Aug 29, 2024
Sell 771 K USD
DAVIS CLAUDE E
director, other: Chair of the Board
- 29000
26.6 USD
3 months ago
Jul 30, 2024
Sell 343 K USD
Dennen Richard S
Chief Corp. Banking Officer
- 12500
27.43 USD
6 months ago
May 15, 2024
Sell 248 K USD
Dennen Richard S
Chief Corp. Banking Officer
- 10500
23.64 USD
10 months ago
Dec 19, 2023
Sell 340 K USD
BARRON WILLIAM G
Director
- 14214
23.94 USD
1 year ago
Aug 18, 2023
Sell 251 K USD
Dennen Richard S
Chief Corp. Banking Officer
- 11640
21.5298 USD
1 year ago
Mar 15, 2023
Bought 126 K USD
BARRON WILLIAM G
Director
+ 5727
22.01 USD
1 year ago
Mar 15, 2023
Bought 24.9 K USD
BARRON WILLIAM G
Director
+ 1132
22.01 USD
1 year ago
Mar 15, 2023
Bought 9.13 K USD
BARRON WILLIAM G
Director
+ 415
22.01 USD
1 year ago
Mar 15, 2023
Bought 17.1 K USD
BARRON WILLIAM G
Director
+ 775
22.01 USD
1 year ago
Feb 13, 2023
Sell 639 K USD
DAVIS CLAUDE E
Director
- 25000
25.547 USD
2 years ago
Nov 02, 2022
Sell 641 K USD
DAVIS CLAUDE E
Director
- 25000
25.652 USD
2 years ago
Nov 01, 2022
Sell 530 K USD
Dennen Richard S
Chief Corporate Banking Office
- 20246
26.2026 USD
2 years ago
Jul 28, 2022
Bought 1 K USD
Warzala Gary W
director:
+ 45.33
22.06 USD
2 years ago
May 16, 2022
Sell 70.5 K USD
BARRON WILLIAM G
director:
- 3500
20.13 USD
2 years ago
Apr 29, 2022
Bought 103 K USD
BROWN ARCHIE M JR
President & CEO
+ 5000
20.55 USD
2 years ago
Apr 26, 2022
Bought 42 K USD
Berta Vince
director:
+ 2000
20.99 USD
2 years ago
Feb 10, 2022
Sell 18.1 K USD
DAVIS CLAUDE E
Director
- 705
25.7 USD
2 years ago
Feb 10, 2022
Sell 293 K USD
DAVIS CLAUDE E
Director
- 11462
25.56 USD
2 years ago
Feb 11, 2022
Sell 985 K USD
DAVIS CLAUDE E
Director
- 38538
25.56 USD
17 years ago
Apr 11, 2007
Sell 30 K USD
PURKRABEK KNUST SUSAN L
Director
- 2000
14.98 USD
17 years ago
Apr 11, 2007
Sell 7.86 K USD
PURKRABEK KNUST SUSAN L
Director
- 525
14.98 USD
3 years ago
May 28, 2021
Sell 408 USD
DAVIS CLAUDE E
Director
- 16
25.5 USD
3 years ago
Jun 01, 2021
Sell 846 K USD
DAVIS CLAUDE E
Director
- 33067
25.5958 USD
3 years ago
May 20, 2021
Sell 1.01 M USD
OBRIEN THOMAS MURRAY
Director
- 39908
25.42 USD
3 years ago
May 27, 2021
Sell 432 K USD
DAVIS CLAUDE E
Director
- 16917
25.5493 USD
3 years ago
Feb 16, 2021
Sell 894 K USD
DAVIS CLAUDE E
Director
- 41185
21.7 USD
3 years ago
Feb 12, 2021
Sell 345 K USD
DAVIS CLAUDE E
Director
- 16037
21.54 USD
3 years ago
Feb 10, 2021
Sell 262 K USD
DAVIS CLAUDE E
Director
- 11930
22 USD
3 years ago
Feb 11, 2021
Sell 18.5 K USD
DAVIS CLAUDE E
Director
- 848
21.76 USD
3 years ago
Dec 31, 2020
Bought 12.5 K USD
Rahe Maribeth S
Director
+ 713
17.53 USD
3 years ago
Dec 31, 2020
Bought 12.5 K USD
OBRIEN THOMAS MURRAY
Director
+ 713
17.53 USD
3 years ago
Dec 31, 2020
Bought 6.24 K USD
Neighbours John T
Director
+ 356
17.53 USD
3 years ago
Dec 31, 2020
Bought 3.12 K USD
PURKRABEK KNUST SUSAN L
Director
+ 178
17.53 USD
3 years ago
Dec 31, 2020
Bought 9.36 K USD
Booth Cynthia O
Director
+ 534
17.53 USD
3 years ago
Dec 31, 2020
Bought 12.5 K USD
BARRON WILLIAM G
Director
+ 713
17.53 USD
3 years ago
Dec 31, 2020
Bought 3.12 K USD
Ach J Wickliffe
Director
+ 178
17.53 USD
4 years ago
Nov 16, 2020
Sell 86.8 K USD
Dennen Richard S
President, Commercial Finance
- 5000
17.3548 USD
4 years ago
Sep 30, 2020
Bought 3.12 K USD
Ach J Wickliffe
Director
+ 260
12.01 USD
4 years ago
Sep 30, 2020
Bought 9.37 K USD
Booth Cynthia O
Director
+ 780
12.01 USD
4 years ago
Sep 30, 2020
Bought 6.25 K USD
Neighbours John T
Director
+ 520
12.01 USD
4 years ago
Sep 30, 2020
Bought 12.5 K USD
Rahe Maribeth S
Director
+ 1040
12.01 USD
4 years ago
Sep 30, 2020
Bought 12.5 K USD
BARRON WILLIAM G
Director
+ 1040
12.01 USD
4 years ago
Sep 30, 2020
Bought 12.5 K USD
OBRIEN THOMAS MURRAY
Director
+ 1040
12.01 USD
4 years ago
Sep 30, 2020
Bought 3.12 K USD
PURKRABEK KNUST SUSAN L
Director
+ 260
12.01 USD
4 years ago
Aug 21, 2020
Bought 42.2 K USD
Berta Vince
Director
+ 3000
14.05 USD
4 years ago
Jun 30, 2020
Bought 12.5 K USD
OBRIEN THOMAS MURRAY
Director
+ 899
13.89 USD
4 years ago
Jun 30, 2020
Bought 12.5 K USD
BARRON WILLIAM G
Director
+ 899
13.89 USD
4 years ago
Jun 30, 2020
Bought 6.24 K USD
Neighbours John T
Director
+ 449
13.89 USD
4 years ago
Jun 30, 2020
Bought 12.5 K USD
Rahe Maribeth S
Director
+ 899
13.89 USD
4 years ago
Jun 30, 2020
Bought 9.36 K USD
Booth Cynthia O
Director
+ 674
13.89 USD
4 years ago
Jun 30, 2020
Bought 3.11 K USD
Ach J Wickliffe
Director
+ 224
13.89 USD
4 years ago
Jun 30, 2020
Bought 3.11 K USD
PURKRABEK KNUST SUSAN L
Director
+ 224
13.89 USD
4 years ago
Mar 31, 2020
Bought 12.5 K USD
Rahe Maribeth S
Director
+ 838
14.91 USD
4 years ago
Mar 31, 2020
Bought 8.74 K USD
olszewski richard e
Director
+ 586
14.91 USD
4 years ago
Mar 31, 2020
Bought 6.25 K USD
PURKRABEK KNUST SUSAN L
Director
+ 419
14.91 USD
4 years ago
Mar 31, 2020
Bought 6.25 K USD
Booth Cynthia O
Director
+ 419
14.91 USD
4 years ago
Mar 31, 2020
Bought 6.25 K USD
Berta Vince
Director
+ 419
14.91 USD
4 years ago
Mar 31, 2020
Bought 3.12 K USD
Ach J Wickliffe
Director
+ 209
14.91 USD
4 years ago
Jan 02, 2020
Bought 12.5 K USD
Rahe Maribeth S
Director
+ 491
25.44 USD
4 years ago
Jan 02, 2020
Bought 6.23 K USD
PURKRABEK KNUST SUSAN L
Director
+ 245
25.44 USD
4 years ago
Jan 02, 2020
Bought 8.73 K USD
olszewski richard e
Director
+ 343
25.44 USD
4 years ago
Jan 02, 2020
Bought 6.23 K USD
Booth Cynthia O
Director
+ 245
25.44 USD
4 years ago
Jan 02, 2020
Bought 6.23 K USD
Berta Vince
Director
+ 245
25.44 USD
4 years ago
Jan 02, 2020
Bought 3.1 K USD
Ach J Wickliffe
Director
+ 122
25.44 USD
4 years ago
Dec 09, 2019
Sell 613 K USD
DAVIS CLAUDE E
Executive Chairman
- 25000
24.5238 USD
5 years ago
Oct 01, 2019
Bought 12.5 K USD
Rahe Maribeth S
Director
+ 510
24.475 USD
5 years ago
Oct 01, 2019
Bought 8.74 K USD
olszewski richard e
Director
+ 357
24.475 USD
5 years ago
Oct 01, 2019
Bought 6.24 K USD
PURKRABEK KNUST SUSAN L
Director
+ 255
24.475 USD
5 years ago
Oct 01, 2019
Bought 6.24 K USD
Booth Cynthia O
Director
+ 255
24.475 USD
5 years ago
Oct 01, 2019
Bought 6.24 K USD
Berta Vince
Director
+ 255
24.475 USD
5 years ago
Oct 01, 2019
Bought 3.11 K USD
Ach J Wickliffe
Director
+ 127
24.475 USD
5 years ago
Sep 16, 2019
Sell 675 K USD
DAVIS CLAUDE E
Executive Chairman
- 26657
25.3222 USD
5 years ago
Sep 13, 2019
Sell 569 K USD
DAVIS CLAUDE E
Executive Chairman
- 22420
25.3996 USD
5 years ago
Aug 27, 2019
Bought 33.7 K USD
Berta Vince
Director
+ 1500
22.45 USD
5 years ago
Jul 31, 2019
Sell 128 K USD
Dennen Richard S
President, Commercial Finance
- 5000
25.61 USD
5 years ago
Jul 01, 2019
Bought 6.25 K USD
PURKRABEK KNUST SUSAN L
Director
+ 258
24.22 USD
5 years ago
Jul 01, 2019
Bought 12.5 K USD
Rahe Maribeth S
Director
+ 516
24.22 USD
5 years ago
Jul 01, 2019
Bought 8.74 K USD
olszewski richard e
Director
+ 361
24.22 USD
5 years ago
Jul 01, 2019
Bought 6.25 K USD
Booth Cynthia O
Director
+ 258
24.22 USD
5 years ago
Jul 01, 2019
Bought 6.25 K USD
Berta Vince
Director
+ 258
24.22 USD
5 years ago
Jul 01, 2019
Bought 3.12 K USD
Ach J Wickliffe
Director
+ 129
24.22 USD
5 years ago
Apr 10, 2019
Bought 11.9 K USD
olszewski richard e
Director
+ 493
24.12 USD
5 years ago
Apr 10, 2019
Bought 6.2 K USD
FINNERTY CORINNE R
Director
+ 257
24.12 USD
5 years ago
Apr 10, 2019
Bought 8.92 K USD
Booth Cynthia O
Director
+ 370
24.12 USD
5 years ago
Apr 10, 2019
Bought 6.34 K USD
Berta Vince
Director
+ 263
24.12 USD
5 years ago
Apr 10, 2019
Bought 4.25 K USD
kramer william j
Director
+ 176
24.12 USD
5 years ago
Apr 10, 2019
Bought 4.27 K USD
Ach J Wickliffe
Director
+ 177
24.12 USD
5 years ago
Apr 10, 2019
Bought 15.4 K USD
Rahe Maribeth S
Director
+ 639
24.12 USD
5 years ago
Mar 18, 2019
Bought 7.8 K USD
olszewski richard e
Director
+ 300
25.99 USD
7. News
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. seekingalpha.com - 3 weeks 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. seekingalpha.com - 3 weeks 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. zacks.com - 3 weeks 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. zacks.com - 3 weeks 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. prnewswire.com - 3 weeks 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. prnewswire.com - 1 month 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. zacks.com - 2 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. zacks.com - 3 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. zacks.com - 3 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. zacks.com - 3 months ago
First Financial (FFBC) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now First Financial (FFBC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term. zacks.com - 3 months ago
First Financial (FFBC) Reports Q2 Earnings: What Key Metrics Have to Say The headline numbers for First Financial (FFBC) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 3 months ago
8. Profile Summary

First Financial Bancorp. FFBC

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 2.78 B
Dividend Yield 0.95%
Description 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.
Contact 255 East Fifth Street, Cincinnati, OH, 45202 https://www.bankatfirst.com
IPO Date Dec. 21, 1983
Employees 2084
Officers Mr. William R. Harrod Executive Vice President & Chief Credit Officer Ms. Ann Davis Mortgage Lending President Mr. Richard S. Dennen CPA Executive Vice President & Chief Corporate Banking Officer Mr. Archie M. Brown Jr. President, Chief Executive Officer & Director Mr. Gregory A. Harris President of Affluent Banking & Yellow Cardinal Advisory Group - First Financial Bank Mr. Roddell McCullough Chief Responsibility Officer Mr. James R. Shank Chief Internal Auditor Ms. Karen Ball Woods J.D. Executive Vice President, General Counsel, Chief Administrative Officer & Corporate Secretary Ms. Amanda N. Neeley Executive Vice President and Chief Consumer Banking & Strategy Officer Mr. James Michael Anderson Executive Vice President, Chief Financial Officer & Chief Operating Officer