NASDAQ:FFBC

First Financial Bancorp. (FFBC) Stock Price, News & Analysis

$22.57
+0.21 (+0.94%)
(As of 04/26/2024 ET)
Today's Range
$22.07
$22.80
50-Day Range
$20.79
$22.60
52-Week Range
$17.23
$24.99
Volume
465,888 shs
Average Volume
282,185 shs
Market Capitalization
$2.15 billion
P/E Ratio
9.10
Dividend Yield
4.08%
Price Target
$24.67

First Financial Bancorp. MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
9.3% Upside
$24.67 Price Target
Short Interest
Healthy
1.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.69
Upright™ Environmental Score
News Sentiment
0.76mentions of First Financial Bancorp. in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.74%
From $2.30 to $2.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.84 out of 5 stars

Finance Sector

353rd out of 868 stocks

National Commercial Banks Industry

47th out of 87 stocks

FFBC stock logo

About First Financial Bancorp. Stock (NASDAQ:FFBC)

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 offers checking, savings, and money-market accounts; and accepts various deposit products, such as interest-bearing and non-interest-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, and office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment, as well as equipment and leasehold improvement financing for franchisees; 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; lease and equipment financing services; and currency payments, foreign exchange hedging, and other advisory products. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.

FFBC Stock Price History

FFBC Stock News Headlines

Q1 2024 First Financial Bancorp Earnings Call
Fomento Economico: Q1 Earnings Snapshot
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FFBC: Raising target price to $23.00
First Financial Bancorp (FFBC) Tops Q4 Earnings Estimates
First Financial Bancorp (Ohio)
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
4/26/2024
Today
4/27/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:FFBC
CUSIP
32020910
Employees
2,165
Year Founded
1863

Price Target and Rating

Average Stock Price Target
$24.67
High Stock Price Target
$26.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+9.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$255.86 million
Pretax Margin
28.56%

Debt

Sales & Book Value

Annual Sales
$1.12 billion
Cash Flow
$3.17 per share
Book Value
$23.84 per share

Miscellaneous

Free Float
93,507,000
Market Cap
$2.15 billion
Optionable
Optionable
Beta
1.05

Social Links

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Key Executives

  • Mr. Archie M. Brown Jr. (Age 63)
    President, CEO & Director
    Comp: $1.8M
  • Mr. James Michael Anderson (Age 52)
    Executive VP, CFO & COO
    Comp: $780.75k
  • Ms. Karen Ball Woods J.D. (Age 56)
    Executive VP, General Counsel, Chief Administrative Officer & Corporate Secretary
    Comp: $722.25k
  • Mr. Richard S. Dennen CPA (Age 57)
    Executive VP & Chief Corporate Banking Officer
    Comp: $924.62k
  • Mr. Scott T. Crawley CPA (Age 43)
    Senior VP, Controller & Principal Accounting Officer
  • Mr. Gregory A. Harris (Age 54)
    President of Affluent Banking & Yellow Cardinal Advisory Group - First Financial Bank
  • Mr. Roddell McCullough
    Chief Responsibility Officer
  • Mr. William R. Harrod (Age 56)
    Executive VP & Chief Credit Officer
    Comp: $471.68k
  • Ms. Amanda N. Neeley (Age 43)
    Executive VP and Chief Consumer Banking & Strategy Officer
  • Mr. James R. Shank
    Chief Internal Auditor

FFBC Stock Analysis - Frequently Asked Questions

Should I buy or sell First Financial Bancorp. stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Financial Bancorp. in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" FFBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FFBC, but not buy additional shares or sell existing shares.
View FFBC analyst ratings
or view top-rated stocks.

What is First Financial Bancorp.'s stock price target for 2024?

3 Wall Street analysts have issued 12-month price objectives for First Financial Bancorp.'s stock. Their FFBC share price targets range from $24.00 to $26.00. On average, they predict the company's share price to reach $24.67 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for FFBC
or view top-rated stocks among Wall Street analysts.

How have FFBC shares performed in 2024?

First Financial Bancorp.'s stock was trading at $23.75 at the beginning of 2024. Since then, FFBC stock has decreased by 5.0% and is now trading at $22.57.
View the best growth stocks for 2024 here
.

When is First Financial Bancorp.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our FFBC earnings forecast
.

How were First Financial Bancorp.'s earnings last quarter?

First Financial Bancorp. (NASDAQ:FFBC) issued its quarterly earnings results on Friday, April, 26th. The bank reported $0.59 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.59. The bank earned $287.20 million during the quarter, compared to analyst estimates of $201.79 million. First Financial Bancorp. had a net margin of 20.74% and a trailing twelve-month return on equity of 11.35%. During the same period in the previous year, the firm posted $0.76 EPS.

How often does First Financial Bancorp. pay dividends? What is the dividend yield for First Financial Bancorp.?

First Financial Bancorp. announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.23 per share on Monday, June 17th. This represents a $0.92 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Monday, June 3rd.
Read our dividend analysis for FFBC
.

Is First Financial Bancorp. a good dividend stock?

First Financial Bancorp. (NASDAQ:FFBC) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.11%. FFBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FFBC will have a dividend payout ratio of 40.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FFBC.

What is Archie Brown's approval rating as First Financial Bancorp.'s CEO?

39 employees have rated First Financial Bancorp. Chief Executive Officer Archie Brown on Glassdoor.com. Archie Brown has an approval rating of 100% among the company's employees. This puts Archie Brown in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 83.0% of employees surveyed would recommend working at First Financial Bancorp. to a friend.

What other stocks do shareholders of First Financial Bancorp. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Financial Bancorp. investors own include AT&T (T), Carnival Co. & (CCL), Enterprise Products Partners (EPD), Energy Transfer (ET), Altria Group (MO), Verizon Communications (VZ), Gilead Sciences (GILD), Simon Property Group (SPG), Exxon Mobil (XOM) and American Airlines Group (AAL).

Who are First Financial Bancorp.'s major shareholders?

First Financial Bancorp.'s stock is owned by many different institutional and retail investors. Top institutional shareholders include First Financial Bank Trust Division (1.09%), Denali Advisors LLC (0.23%), New York State Teachers Retirement System (0.17%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%) and Yousif Capital Management LLC (0.04%). Insiders that own company stock include Archie M Brown Jr, Claude E Davis, Claude E Davis, Gary W Warzala, Richard S Dennen, Thomas Murray Obrien, Vince Berta and William G Barron.
View institutional ownership trends
.

How do I buy shares of First Financial Bancorp.?

Shares of FFBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FFBC) was last updated on 4/27/2024 by MarketBeat.com Staff

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