First Financial Bancorp. (FFBC) to Release Earnings on Thursday

First Financial Bancorp. (NASDAQ:FFBC - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect First Financial Bancorp. to post earnings of $0.69 per share and revenue of $219.95 million for the quarter.

First Financial Bancorp. (NASDAQ:FFBC - Get Free Report) last released its earnings results on Thursday, April 24th. The bank reported $0.63 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.63. First Financial Bancorp. had a net margin of 18.65% and a return on equity of 10.44%. The company had revenue of $201.59 million for the quarter, compared to the consensus estimate of $214.80 million. During the same quarter in the previous year, the company earned $0.59 EPS. First Financial Bancorp.'s quarterly revenue was up 2.6% compared to the same quarter last year. On average, analysts expect First Financial Bancorp. to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Financial Bancorp. Stock Up 0.5%

Shares of NASDAQ FFBC traded up $0.12 during trading on Thursday, hitting $24.92. 643,550 shares of the company traded hands, compared to its average volume of 416,549. The business's fifty day moving average is $24.45 and its 200 day moving average is $25.23. First Financial Bancorp. has a fifty-two week low of $21.10 and a fifty-two week high of $31.18. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 10.34 and a beta of 0.96. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 0.91.

First Financial Bancorp. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $0.96 annualized dividend and a yield of 3.85%. First Financial Bancorp.'s payout ratio is 39.83%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on FFBC shares. Truist Financial initiated coverage on shares of First Financial Bancorp. in a research note on Tuesday, May 13th. They issued a "hold" rating and a $27.00 price objective for the company. Wall Street Zen cut First Financial Bancorp. from a "hold" rating to a "sell" rating in a research report on Saturday, July 12th. Stephens reissued an "overweight" rating and issued a $29.00 price target on shares of First Financial Bancorp. in a research note on Friday, June 27th. Keefe, Bruyette & Woods increased their price target on shares of First Financial Bancorp. from $30.00 to $32.00 and gave the company a "market perform" rating in a research report on Wednesday, June 25th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $27.00 target price on shares of First Financial Bancorp. in a research report on Wednesday, June 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $28.75.

Institutional Trading of First Financial Bancorp.

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in shares of First Financial Bancorp. in the 1st quarter worth $5,714,000. AQR Capital Management LLC increased its holdings in First Financial Bancorp. by 55.0% in the 1st quarter. AQR Capital Management LLC now owns 97,727 shares of the bank's stock worth $2,441,000 after acquiring an additional 34,676 shares in the last quarter. Millennium Management LLC increased its stake in shares of First Financial Bancorp. by 3.9% in the first quarter. Millennium Management LLC now owns 589,799 shares of the bank's stock worth $14,733,000 after purchasing an additional 22,227 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of First Financial Bancorp. by 6.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 318,298 shares of the bank's stock worth $7,951,000 after purchasing an additional 17,911 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its stake in shares of First Financial Bancorp. by 571.4% in the first quarter. Jones Financial Companies Lllp now owns 7,412 shares of the bank's stock worth $185,000 after purchasing an additional 6,308 shares in the last quarter. Hedge funds and other institutional investors own 77.23% of the company's stock.

First Financial Bancorp. Company Profile

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.