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, January 28th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.23 per share on Monday, March 16th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date of this dividend is Friday, February 28th. View First Financial Bancorp's Dividend History.

First Financial Bancorp announced that its Board of Directors has authorized a share repurchase program on Monday, January 14th 2019, which permits the company to repurchase 0 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its shares are undervalued.

First Financial Bancorp (NASDAQ:FFBC) announced its quarterly earnings results on Thursday, January, 23rd. The bank reported $0.52 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.02. The bank had revenue of $155.67 million for the quarter, compared to analyst estimates of $155.33 million. First Financial Bancorp had a net margin of 26.81% and a return on equity of 9.56%. The company's quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the company posted $0.61 earnings per share. View First Financial Bancorp's Earnings History.

First Financial Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for First Financial Bancorp.

3 brokerages have issued twelve-month price targets for First Financial Bancorp's stock. Their forecasts range from $24.00 to $30.00. On average, they expect First Financial Bancorp's stock price to reach $27.67 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price. View Analyst Price Targets for First Financial Bancorp.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Financial Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for First Financial Bancorp.

Press coverage about FFBC stock has been trending neutral recently, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of 0.4 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for First Financial Bancorp.

First Financial Bancorp saw a increase in short interest in January. As of January 15th, there was short interest totalling 4,350,000 shares, an increase of 11.5% from the December 31st total of 3,900,000 shares. Based on an average daily trading volume, of 364,900 shares, the short-interest ratio is presently 11.9 days. Currently, 4.5% of the company's shares are sold short. 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), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

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 a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.58%), Vaughan Nelson Investment Management L.P. (2.39%), Neumeier Poma Investment Counsel LLC (1.70%), Bank of New York Mellon Corp (1.55%), Geode Capital Management LLC (1.36%) and Victory Capital Management Inc. (1.03%). 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 Man Group plc, Walthausen & Co. LLC, Arizona State Retirement System, Russell Investments Group Ltd., Hotchkis & Wiley Capital Management LLC, State of New Jersey Common Pension Fund D, Bank of America Corp DE and Advisor Group Inc.. 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 bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Vaughan Nelson Investment Management L.P., State Street Corp, First Trust Advisors LP, Bank of New York Mellon Corp, Great West Life Assurance Co. Can, Victory Capital Management Inc. and Nicholas Company Inc.. 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 $23.65.

First Financial Bancorp has a market capitalization of $2.35 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 2,131 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]