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

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Financial Bancorp. in the last year. There are currently 3 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.

4 analysts have issued 12 month price objectives for First Financial Bancorp.'s stock. Their FFBC share price forecasts range from $23.00 to $24.00. On average, they anticipate the company's share price to reach $23.75 in the next year. This suggests a possible upside of 23.0% from the stock's current price.
View analysts price targets for FFBC or view top-rated stocks among Wall Street analysts.

First Financial Bancorp.'s stock was trading at $24.23 at the beginning of 2023. Since then, FFBC shares have decreased by 20.3% and is now trading at $19.31.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our FFBC earnings forecast.

First Financial Bancorp. (NASDAQ:FFBC) posted its quarterly earnings results on Friday, July, 21st. The bank reported $0.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by $0.01. The bank had revenue of $212.49 million for the quarter, compared to the consensus estimate of $212.34 million. First Financial Bancorp. had a net margin of 26.49% and a trailing twelve-month return on equity of 12.89%. The company's revenue was up 20.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 earnings per share.

First Financial Bancorp. announced a quarterly dividend on Tuesday, July 25th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.23 per share on Friday, September 15th. This represents a $0.92 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date is Thursday, August 31st.
Read our dividend analysis for FFBC.

ETFs with the largest weight of First Financial Bancorp. (NASDAQ:FFBC) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust NASDAQ ABA Community Bank Index Fund (QABA), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF) and First Trust RBA American Industrial Renaissance ETF (AIRR).

First Financial Bancorp. (NASDAQ:FFBC) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.69%. FFBC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 33.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FFBC will have a dividend payout ratio of 39.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FFBC.

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.

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).

First Financial Bancorp. trades on the NASDAQ under the ticker symbol "FFBC."

First Financial Bancorp.'s stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.62%), Dimensional Fund Advisors LP (6.77%), JPMorgan Chase & Co. (3.98%), Geode Capital Management LLC (2.05%), Bank of New York Mellon Corp (1.37%) and Northern Trust Corp (1.30%). Insiders that own company stock include Archie M Brown Jr, Claude E Davis, Claude E Davis, Gary W Warzala, J Wickliffe Ach, Knust Susan L Purkrabek, Richard S Dennen, Thomas Murray Obrien, Vince Berta and William G Barron.
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Shares of FFBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FFBC stock can currently be purchased for approximately $19.31.

First Financial Bancorp. (NASDAQ:FFBC) has a market capitalization of $1.84 billion and generates $774.65 million in revenue each year. The bank earns $217.61 million in net income (profit) each year or $2.75 on an earnings per share basis.

The company employs 2,108 workers across the globe.

First Financial Bancorp.'s mailing address is 255 EAST FIFTH STREET SUITE 800, CINCINNATI OH, 45202. The official website for the company is www.bankatfirst.com. The bank can be reached via phone at (877) 322-9530, via email at investorrelations@bankatfirst.com, or via fax at 513-867-3111.