First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans. In addition, it offers lease financing, trust account, depositor, and insurance services. The company operates 78 branches in west-central Indiana, east-central Illinois, western Kentucky, and middle and western Tennessee. First Financial Corporation was founded in 1834 and is headquartered in Terre Haute, Indiana.
Analysts Set New Price Targets
THFF has been the topic of a number of research analyst reports. Raymond James lowered First Financial from an "outperform" rating to a "market perform" rating and set a $50.00 price target on the stock. in a research report on Thursday, July 7th. StockNews.com lowered First Financial from a "buy" rating to a "hold" rating in a research report on Tuesday, August 9th.
First Financial Trading Up 1.3 %
THFF traded up $0.63 during mid-day trading on Friday, reaching $47.69. The stock had a trading volume of 30,782 shares, compared to its average volume of 37,526. The stock has a market capitalization of $573.71 million, a P/E ratio of 10.02 and a beta of 0.63. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.74 and a current ratio of 0.74. The firm's fifty day simple moving average is $45.05 and its two-hundred day simple moving average is $44.63. First Financial has a 52 week low of $38.51 and a 52 week high of $47.76.
First Financial (NASDAQ:THFF - Get Rating) last announced its quarterly earnings data on Tuesday, July 26th. The bank reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.20. The firm had revenue of $50.74 million for the quarter, compared to analyst estimates of $48.50 million. First Financial had a return on equity of 12.06% and a net margin of 29.19%. On average, equities analysts predict that First Financial will post 5.46 EPS for the current year.
First Financial Increases Dividend
The business also recently declared a Semi-Annual dividend, which was paid on Friday, July 1st. Stockholders of record on Friday, June 17th were given a $0.54 dividend. This is a positive change from First Financial's previous Semi-Annual dividend of $0.53. This represents a dividend yield of 2.5%. The ex-dividend date was Thursday, June 16th. First Financial's dividend payout ratio (DPR) is currently 22.69%.