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

First Financial Bancorp. (NASDAQ:FFBC - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $214.80 million for the quarter.

First Financial Bancorp. (NASDAQ:FFBC - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The bank reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.06. First Financial Bancorp. had a return on equity of 10.52% and a net margin of 18.67%. 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 3.4 %

FFBC stock traded up $0.77 on Tuesday, reaching $23.40. 413,878 shares of the company traded hands, compared to its average volume of 416,409. The firm has a fifty day simple moving average of $24.80 and a 200-day simple moving average of $26.59. The company has a market cap of $2.23 billion, a P/E ratio of 9.75 and a beta of 0.85. First Financial Bancorp. has a one year low of $20.59 and a one year high of $31.18. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.90 and a quick ratio of 0.90.

First Financial Bancorp. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.10%. First Financial Bancorp.'s dividend payout ratio is currently 40.00%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Stephens reiterated an "overweight" rating and issued a $33.00 price target on shares of First Financial Bancorp. in a research note on Friday, January 24th. Keefe, Bruyette & Woods lifted their target price on shares of First Financial Bancorp. from $31.00 to $32.00 and gave the stock a "market perform" rating in a report on Monday, January 27th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $30.00 price target on shares of First Financial Bancorp. in a report on Monday, January 27th.

Insider Activity

In related news, insider James R. Shank sold 7,600 shares of First Financial Bancorp. stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $24.92, for a total value of $189,392.00. Following the completion of the sale, the insider now owns 11,141 shares of the company's stock, valued at $277,633.72. The trade was a 40.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.04% of the company's stock.

About First Financial Bancorp.

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.