First Financial Bancorp. (FFBC) Expected to Announce Earnings on Thursday

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

First Financial Bancorp. (NASDAQ:FFBC - Get Free Report) last announced its earnings results on Thursday, April 24th. The bank reported $0.63 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 business had revenue of $201.59 million during the quarter, compared to analysts' expectations of $214.80 million. During the same period in the prior year, the company earned $0.59 earnings per share. The business's 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 Performance

Shares of First Financial Bancorp. stock traded down $0.06 on Friday, reaching $24.86. 365,253 shares of the stock were exchanged, compared to its average volume of 414,348. First Financial Bancorp. has a 1-year low of $21.10 and a 1-year high of $31.18. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.43. The business has a fifty day moving average price of $24.47 and a two-hundred day moving average price of $25.19. The firm has a market capitalization of $2.38 billion, a PE ratio of 10.32 and a beta of 0.96.

First Financial Bancorp. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date was Monday, June 2nd. First Financial Bancorp.'s dividend payout ratio is currently 39.83%.

Analyst Upgrades and Downgrades

FFBC has been the topic of several research analyst reports. Wall Street Zen raised shares of First Financial Bancorp. from a "sell" rating to a "hold" rating in a research report on Sunday. Keefe, Bruyette & Woods increased their price objective 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. Royal Bank Of Canada reiterated a "sector perform" rating and set a $27.00 target price on shares of First Financial Bancorp. in a research note on Wednesday, June 25th. Stephens reiterated an "overweight" rating and set a $29.00 target price on shares of First Financial Bancorp. in a research note on Friday, June 27th. Finally, Truist Financial began coverage on First Financial Bancorp. in a research note on Tuesday, May 13th. They set a "hold" rating and a $27.00 target price for the company. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $28.75.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FFBC. Jones Financial Companies Lllp raised its stake in shares of First Financial Bancorp. by 571.4% in the 1st quarter. Jones Financial Companies Lllp now owns 7,412 shares of the bank's stock worth $185,000 after buying an additional 6,308 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of First Financial Bancorp. by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,205 shares of the bank's stock worth $1,404,000 after purchasing an additional 2,458 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of 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 during the last quarter. Jane Street Group LLC acquired a new position in shares of First Financial Bancorp. in the 1st quarter worth $5,714,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of First Financial Bancorp. by 6.0% in the 1st 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 acquiring an additional 17,911 shares during the last quarter. Institutional investors and hedge funds 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.