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 (WHO). Since then, FFBC shares have decreased by 6.1% and is now trading at $14.04. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Financial Bancorp in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." 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) released its quarterly earnings results on Monday, April, 20th. The bank reported $0.31 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.08. The bank had revenue of $149.67 million for the quarter, compared to analysts' expectations 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 paid a dividend of $0.23 per share on Monday, June 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.55%. 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 stock buyback program on Monday, January 14th 2019, which allows the company to repurchase 0 outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

2 brokers have issued 1-year price objectives for First Financial Bancorp's stock. Their forecasts range from $24.00 to $29.00. On average, they anticipate First Financial Bancorp's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 88.7% from the stock's current price. View analysts' price targets for First Financial Bancorp.

Media headlines about FFBC stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. 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 daily sentiment score of -4.6 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFirst Financial Bancorp.

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

First Financial Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.70%), JPMorgan Chase & Co. (4.14%), State Street Corp (3.89%), Vaughan Nelson Investment Management L.P. (1.69%), Bank of New York Mellon Corp (1.52%) and Geode Capital Management LLC (1.49%). Company insiders that own First Financial Bancorp stock include Anthony M Stollings, 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 Vaughan Nelson Investment Management L.P., Victory Capital Management Inc., Victory Capital Management Inc., Neumeier Poma Investment Counsel LLC, BlackRock Inc., The Manufacturers Life Insurance Company , Natixis Advisors L.P., and Morgan Stanley. 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 activity for First Financial Bancorp.

FFBC stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, JPMorgan Chase & Co., Zurich Insurance Group Ltd FI, Geode Capital Management LLC, State of Tennessee Treasury Department, Chartwell Investment Partners LLC, Capital One Financial Corp, and Fifth Third Bancorp. 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 activity 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 $14.04.

First Financial Bancorp has a market capitalization of $1.38 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]