NASDAQ:FFBC - First Financial Bancorp Stock Price, Forecast & News

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

First Financial Bancorp announced a quarterly dividend on Tuesday, October 22nd. Stockholders of record on Monday, December 2nd will be given a dividend of $0.23 per share on Monday, December 16th. This represents a $0.92 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Friday, November 29th. View First Financial Bancorp's Dividend History.

First Financial Bancorp announced that its board has initiated a stock repurchase program on Monday, January 14th 2019, which authorizes the company to repurchase 0 shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its shares are undervalued.

First Financial Bancorp (NASDAQ:FFBC) announced its quarterly earnings results on Thursday, January, 23rd. The bank reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.54 by $0.02. The bank earned $155.67 million during the quarter, compared to analysts' expectations of $155.33 million. First Financial Bancorp had a net margin of 27.72% and a return on equity of 10.13%. The firm's revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the company posted $0.61 earnings per share. View First Financial Bancorp's Earnings History.

4 Wall Street analysts have issued twelve-month price targets for First Financial Bancorp's shares. Their forecasts range from $24.00 to $30.00. On average, they expect First Financial Bancorp's stock price to reach $28.25 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for First Financial Bancorp.

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, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Financial Bancorp.

Media stories about FFBC stock have been trending very positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Financial Bancorp earned a daily sentiment score of 3.9 on InfoTrie's scale. They also gave headlines about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for First Financial Bancorp.

First Financial Bancorp saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,350,000 shares, an increase of 11.5% from the December 15th total of 3,900,000 shares. Based on an average daily volume of 374,900 shares, the days-to-cover ratio is presently 11.6 days. Approximately 4.5% of the company's stock are short sold. View First Financial Bancorp's Current Options Chain.

Some companies that are related to First Financial Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), TCF Financial (TCF) and East West Bancorp (EWBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Financial Bancorp investors own include American Airlines Group (AAL), Pattern Energy Group (PEGI), Bank of America (BAC), General Motors (GM), Dunkin Brands Group (DNKN), eBay (EBAY), AbbVie (ABBV), Enbridge (ENB), Energy Transfer LP Unit (ET) and Freeport-McMoRan (FCX).

First Financial Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include First Financial Bank Trust Division (0.66%), State of Alaska Department of Revenue (0.08%), Assenagon Asset Management S.A. (0.04%), Cadinha & Co. LLC (0.04%), Louisiana State Employees Retirement System (0.03%) and Janney Montgomery Scott LLC (0.01%). Company insiders that own First Financial Bancorp stock include Anthony M Stollings, Bradley J Ringwald, Claude E Davis, J Wickliffe Ach, John T Neighbours, Knust Susan L Purkrabek, Maribeth S Rahe, Richard E Olszewski, Richard S Dennen and Vince Berta. View Institutional Ownership Trends for First Financial Bancorp.

FFBC stock was sold by a variety of institutional investors in the last quarter, including Town & Country Bank & Trust CO dba First Bankers Trust CO, Louisiana State Employees Retirement System, Cadinha & Co. LLC, State of Alaska Department of Revenue and Janney Montgomery Scott LLC. Company insiders that have sold First Financial Bancorp company stock in the last year include Claude E Davis and Richard S Dennen. View Insider Buying and Selling for First Financial Bancorp.

FFBC stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., First Financial Bank Trust Division and Stock Yards Bank & Trust Co.. Company insiders that have bought First Financial Bancorp stock in the last two years include J Wickliffe Ach, Knust Susan L Purkrabek, Maribeth S Rahe, Richard E Olszewski and Vince Berta. View Insider Buying and Selling for First Financial Bancorp.

Shares of FFBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FFBC stock can currently be purchased for approximately $24.85.

First Financial Bancorp has a market capitalization of $2.47 billion and generates $643.76 million in revenue each year. The bank earns $172.60 million in net income (profit) each year or $2.28 on an earnings per share basis. First Financial Bancorp employs 2,131 workers across the globe.View Additional Information About First Financial Bancorp.

The official website for First Financial Bancorp is http://www.bankatfirst.com/.

First Financial Bancorp's mailing address is 255 EAST FIFTH STREET SUITE 800, CINCINNATI OH, 45202. The bank can be reached via phone at 877-322-9530 or via email at [email protected]