First Financial (THFF) to Release Quarterly Earnings on Wednesday

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First Financial (NASDAQ:THFF - Get Free Report) will be releasing its earnings data on Wednesday, April 17th.

First Financial (NASDAQ:THFF - Get Free Report) last released its quarterly earnings data on Tuesday, January 30th. The bank reported $1.06 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.07). First Financial had a net margin of 22.38% and a return on equity of 12.13%. The company had revenue of $50.84 million for the quarter, compared to analysts' expectations of $51.10 million. On average, analysts expect First Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

First Financial Stock Performance

THFF stock traded down $0.47 during midday trading on Tuesday, reaching $35.20. 31,224 shares of the company's stock traded hands, compared to its average volume of 48,547. First Financial has a 52-week low of $31.00 and a 52-week high of $44.91. The stock has a market cap of $415.71 million, a P/E ratio of 7.01 and a beta of 0.51. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.21. The stock's 50-day moving average is $37.25 and its 200 day moving average is $37.96.


First Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 28th. This represents a $1.80 dividend on an annualized basis and a yield of 5.11%. First Financial's dividend payout ratio is currently 35.36%.

Institutional Trading of First Financial

A number of hedge funds and other institutional investors have recently modified their holdings of THFF. US Bancorp DE increased its stake in shares of First Financial by 254.4% in the second quarter. US Bancorp DE now owns 1,042 shares of the bank's stock worth $34,000 after purchasing an additional 748 shares in the last quarter. Point72 Middle East FZE bought a new position in shares of First Financial during the second quarter worth $74,000. Ensign Peak Advisors Inc bought a new position in shares of First Financial during the first quarter worth $96,000. Tower Research Capital LLC TRC boosted its position in shares of First Financial by 135.2% during the third quarter. Tower Research Capital LLC TRC now owns 2,359 shares of the bank's stock worth $107,000 after acquiring an additional 1,356 shares during the last quarter. Finally, Citigroup Inc. boosted its position in shares of First Financial by 42.9% during the first quarter. Citigroup Inc. now owns 3,179 shares of the bank's stock worth $119,000 after acquiring an additional 954 shares during the last quarter. 72.74% of the stock is owned by hedge funds and other institutional investors.

About First Financial

(Get Free Report)

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.

Further Reading

Earnings History for First Financial (NASDAQ:THFF)

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