NASDAQ:FFBCFirst Financial Bancorp Stock Price, Forecast & News

First Financial Bancorp's stock was trading at $14.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FFBC stock has decreased by 13.1% and is now trading at $13.00. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Financial Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for First Financial Bancorp.

First Financial Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for First Financial Bancorp.

First Financial Bancorp (NASDAQ:FFBC) posted its quarterly earnings results on Monday, April, 20th. The bank reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by $0.08. The bank had revenue of $149.67 million for the quarter, compared to analyst estimates of $153.27 million. First Financial Bancorp had a return on equity of 8.82% and a net margin of 24.60%. View First Financial Bancorp's earnings history.

First Financial Bancorp announced a quarterly dividend on Tuesday, April 28th. Investors of record on Monday, June 1st will be given a dividend of $0.23 per share on Monday, June 15th. This represents a $0.92 annualized dividend and a dividend yield of 7.08%. The ex-dividend date of this dividend is Friday, May 29th. View First Financial Bancorp's dividend history.

First Financial Bancorp declared that its board has initiated a share repurchase program on Monday, January 14th 2019, which permits the company to repurchase 0 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy 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.

1 equities research analysts have issued 12 month price objectives for First Financial Bancorp's shares. Their forecasts range from $24.00 to $24.00. On average, they expect First Financial Bancorp's stock price to reach $24.00 in the next year. This suggests a possible upside of 84.6% from the stock's current price. View analysts' price targets for First Financial Bancorp.

News headlines about FFBC stock have trended very negative this week, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Financial Bancorp earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about First Financial Bancorp.

First Financial Bancorp saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 2,720,000 shares, a decrease of 16.6% from the May 31st total of 3,260,000 shares. Based on an average daily trading volume, of 703,400 shares, the days-to-cover ratio is currently 3.9 days. Approximately 2.8% of the shares of the stock are sold short. View First Financial Bancorp's Current Options Chain.

Some companies that are related to First Financial Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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

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

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 $13.00.

First Financial Bancorp has a market capitalization of $1.27 billion and generates $738.95 million in revenue each year. The bank earns $198.07 million in net income (profit) each year or $2.14 on an earnings per share basis. First Financial Bancorp employs 2,123 workers across the globe.

The official website for First Financial Bancorp is 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]