FFBC Stock Overview

Operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. More details

FFBC fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 53.2% below our estimate of its fair value

Earnings are forecast to grow 6.4% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 26.1%

Risk Analysis

Unstable dividend track record

First Financial Bancorp. Competitors

First Merchants

NasdaqGS:FRME

US$2.4b

WaFd

NasdaqGS:WAFD

US$2.3b

Independent Bank

NasdaqGS:INDB

US$2.7b

Provident Financial Services

NYSE:PFS

US$2.2b

Price History & Performance

Summary of share price highs, lows and changes for First Financial Bancorp
Historical stock prices
Current Share Price	US$24.98
52 Week High	US$31.18
52 Week Low	US$20.59
Beta	0.98
1 Month Change	-8.87%
3 Month Change	-7.07%
1 Year Change	14.06%
3 Year Change	9.90%
5 Year Change	80.75%
Change since IPO	941.16%

First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.24

Feb 24

Recent updates

Diversified Revenue And Decisive Cost Management Propel Financial Stability And Profit Growth

Sep 24 Diversified revenue streams from foreign exchange, leasing, mortgage banking, bankcard, and wealth management indicate potential for enhanced overall profitability.

First Financial Bancorp (NASDAQ:FFBC) Is Increasing Its Dividend To $0.24

Aug 20

First Financial Bancorp's (NASDAQ:FFBC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 30

First Financial Bancorp (NASDAQ:FFBC) Is Due To Pay A Dividend Of $0.23

May 29

First Financial Bancorp (NASDAQ:FFBC) Is Paying Out A Dividend Of $0.23

Jan 30

First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.23

Oct 29

Is Now The Time To Put First Financial Bancorp (NASDAQ:FFBC) On Your Watchlist?

Oct 23

First Financial Bancorp (NASDAQ:FFBC) Has Announced A Dividend Of $0.23

Aug 28

Is Now The Time To Put First Financial Bancorp (NASDAQ:FFBC) On Your Watchlist?

Jun 23

First Financial Bancorp (NASDAQ:FFBC) Is Due To Pay A Dividend Of $0.23

Apr 29

Here's Why We Think First Financial Bancorp (NASDAQ:FFBC) Is Well Worth Watching

Mar 14

First Financial Bancorp (NASDAQ:FFBC) Is Due To Pay A Dividend Of $0.23

Nov 17

First Financial Bancorp.: High Interest-Rates, Moderate Loan Growth To Lift Earnings

Oct 16

First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.23

Jul 30

First Financial Non-GAAP EPS of $0.56 beats by $0.05, revenue of $166.99M beats by $6.42M

Jul 21

First Financial Bancorp's (NASDAQ:FFBC) Dividend Will Be US$0.23

May 28

First Financial Bancorp (NASDAQ:FFBC) Has Announced A Dividend Of US$0.23

May 14

First Financial Bancorp's (NASDAQ:FFBC) Dividend Will Be US$0.23

Apr 30

Shareholder Returns

	FFBC	US Banks	US Market
7D	-1.5%	-3.0%	-3.5%
1Y	14.1%	13.9%	5.8%

Return vs Industry: FFBC matched the US Banks industry which returned 13.9% over the past year.

Return vs Market: FFBC exceeded the US Market which returned 5.8% over the past year.

Price Volatility

Is FFBC's price volatile compared to industry and market?
FFBC volatility
FFBC Average Weekly Movement	3.5%
Banks Industry Average Movement	3.8%
Market Average Movement	6.5%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.3%

Stable Share Price: FFBC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: FFBC's weekly volatility (3%) has been stable over the past year.

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

First Financial Bancorp

Analyst Price Target

Consensus Narrative from 4 Analysts

Expansion Into Grand Rapids And Operational Efficiencies Signal Stronger Prospects Ahead

Key Takeaways Diverse loan growth and efficient initiatives will enhance revenue, boost net interest income, and improve operational efficiency. New market expansion and asset quality improvements will drive revenue growth and bolster net margins with reduced credit costs.

View narrative

US$31.50

20.7% undervalued

10.02%

Revenue growth p.a.

5 days ago

View First Financial Bancorp Community

About the Company

Founded	Employees	CEO	Website
1863	2,090	Archie Brown	www.bankatfirst.com

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company offers checking and savings accounts; and accepts various deposit products, such as interest-bearing and non-interest-bearing accounts, time deposits, and cash management services for commercial customers.

First Financial Bancorp. Fundamentals Summary

How do First Financial Bancorp's earnings and revenue compare to its market cap?
FFBC fundamental statistics
Market cap	US$2.37b
Earnings (TTM)	US$228.83m
Revenue (TTM)	US$756.07m

10.4x

P/E Ratio

1.0x

P/B Ratio

Is FFBC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FFBC income statement (TTM)
Revenue	US$756.07m
Cost of Revenue	US$0
Gross Profit	US$756.07m
Other Expenses	US$527.24m
Earnings	US$228.83m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.40
Gross Margin	100.00%
Net Profit Margin	30.27%
Debt/Equity Ratio	57.1%

How did FFBC perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

39%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/31 22:51
End of Day Share Price	2025/03/31 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Financial Bancorp. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Bryce Rowe	Baird
Jason Goldberg	Barclays
Kevin Reevey	D.A. Davidson & Co.

FFBC Stock Overview

Rewards

Risk Analysis

First Financial Bancorp. Competitors

NasdaqGS:FRME

US$2.4b

NasdaqGS:WAFD

US$2.3b

NasdaqGS:INDB

US$2.7b

NYSE:PFS

US$2.2b

Price History & Performance

Recent News & Updates

Full year 2024 earnings: EPS exceeds analyst expectations

First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.24

First Financial Bancorp., Annual General Meeting, May 27, 2025

Upcoming dividend of US$0.24 per share

Fourth quarter dividend of US$0.24 announced

Full year 2024 earnings: EPS exceeds analyst expectations

Recent updates

Full year 2024 earnings: EPS exceeds analyst expectations

First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.24

First Financial Bancorp., Annual General Meeting, May 27, 2025

Upcoming dividend of US$0.24 per share

Fourth quarter dividend of US$0.24 announced

Full year 2024 earnings: EPS exceeds analyst expectations

First Financial Bancorp. to Report Q4, 2024 Results on Jan 23, 2025

Upcoming dividend of US$0.24 per share

Independent Director recently sold US$322k worth of stock

First Financial Bancorp (NASDAQ:FFBC) Will Pay A Dividend Of $0.24

Third quarter dividend of US$0.24 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

First Financial Bancorp: Weakening Key Metrics, But Stabilizing

First Financial Bancorp. Reports Net Charge Off for the Third Quarter Ended September 30, 2024

First Financial Bancorp. to Report Q3, 2024 Results on Oct 24, 2024

Diversified Revenue And Decisive Cost Management Propel Financial Stability And Profit Growth

Key Executive recently sold US$771k worth of stock

Upcoming dividend of US$0.24 per share

First Financial Bancorp (NASDAQ:FFBC) Is Increasing Its Dividend To $0.24

Insider recently sold US$343k worth of stock

First Financial Bancorp's (NASDAQ:FFBC) Upcoming Dividend Will Be Larger Than Last Year's

Second quarter dividend increased to US$0.24

Price target increased by 11% to US$28.00

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First Financial Bancorp Announces Quarterly Dividend Increase, Payable on September 16, 2024

Investor sentiment improves as stock rises 16%

First Financial Bancorp. to Report Q2, 2024 Results on Jul 25, 2024

First Financial Bancorp Announces Board Changes

First Financial Bancorp (NASDAQ:FFBC) Is Due To Pay A Dividend Of $0.23

Upcoming dividend of US$0.23 per share

Insider recently sold US$248k worth of stock

First quarter dividend of US$0.23 announced

First Financial Bancorp. Declares Quarterly Dividend, Payable on June 17, 2024

First quarter 2024 earnings: EPS and revenues miss analyst expectations

First Financial Bancorp. to Report Q1, 2024 Results on Apr 25, 2024

Price target increased by 7.1% to US$25.30

First Financial Bancorp., Annual General Meeting, May 28, 2024

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.23 per share

First Financial Bancorp (NASDAQ:FFBC) Is Paying Out A Dividend Of $0.23

Fourth quarter dividend of US$0.23 announced

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

First Financial Bancorp. Approves Quarterly Dividend, Payable on March 15, 2024

First Financial Bancorp. to Report Q4, 2023 Results on Jan 25, 2024

Price target increased by 8.0% to US$23.63

Independent Director recently sold US$340k worth of stock

Upcoming dividend of US$0.23 per share at 4.5% yield

First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.23

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

First Financial Bancorp. Reports Unaudited Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

Is Now The Time To Put First Financial Bancorp (NASDAQ:FFBC) On Your Watchlist?

First Financial Bancorp. to Report Q3, 2023 Results on Oct 24, 2023

First Financial Bancorp (NASDAQ:FFBC) Has Announced A Dividend Of $0.23

Upcoming dividend of US$0.23 per share at 4.4% yield

Insider recently sold US$251k worth of stock

Insider notifies of intention to sell stock

First Financial Bancorp. Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings: EPS misses analyst expectations

First Financial Bancorp. to Report Q2, 2023 Results on Jul 20, 2023