First Financial Bancorp (DB:FI5) - Stock Price, News & Analysis

FI5 Stock Overview

FI5 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 51% below our estimate of its fair value

Earnings have grown 7.4% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 8.7% per year for the next 3 years

Unstable dividend track record

First Financial Bancorp. Competitors

ProCredit Holding

XTRA:PCZ

€512.4m

Commerzbank

XTRA:CBK

€15.3b

UmweltBank

XTRA:UBK

€224.7m

Hirogin Holdings

TSE:7337

JP¥339.0b

Price History & Performance

Summary of all time highs, changes and price drops for First Financial Bancorp
Historical stock prices
Current Share Price	US$19.70
52 Week High	US$21.80
52 Week Low	US$16.30
Beta	1.04
1 Month Change	0.51%
3 Month Change	-6.19%
1 Year Change	5.35%
3 Year Change	-3.43%
5 Year Change	-8.94%
Change since IPO	43.17%

Recent updates

Shareholder Returns

	FI5	DE Banks	DE Market
7D	-1.0%	-1.9%	-1.2%
1Y	5.3%	23.1%	1.2%

Return vs Industry: FI5 underperformed the German Banks industry which returned 26.4% over the past year.

Return vs Market: FI5 exceeded the German Market which returned 2.1% over the past year.

Price Volatility

Is FI5's price volatile compared to industry and market?
FI5 volatility
FI5 Average Weekly Movement	4.2%
Banks Industry Average Movement	3.2%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	9.8%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: FI5 has not had significant price volatility in the past 3 months.

Volatility Over Time: FI5's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1863	2,165	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, savings, and money-market 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?
FI5 fundamental statistics
Market cap	€1.89b
Earnings (TTM)	€240.49m
Revenue (TTM)	€748.79m

7.9x

P/E Ratio

0.9x

P/B Ratio

Is FI5 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FI5 income statement (TTM)
Revenue	US$796.67m
Cost of Revenue	US$0
Gross Profit	US$796.67m
Other Expenses	US$540.81m
Earnings	US$255.86m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)	2.69
Gross Margin	100.00%
Net Profit Margin	32.12%
Debt/Equity Ratio	60.4%

How did FI5 perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

34%

Payout Ratio

FI5 Stock Overview

Rewards

Risk Analysis

First Financial Bancorp. Competitors

XTRA:PCZ

€512.4m

XTRA:CBK

€15.3b

XTRA:UBK

€224.7m

TSE:7337

JP¥339.0b

Price History & Performance

Recent News & Updates

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

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

Full year 2023 earnings released: EPS: US$2.72 (vs US$2.33 in FY 2022)

Upcoming dividend of US$0.23 per share

Fourth quarter dividend of US$0.23 announced

Full year 2023 earnings released: EPS: US$2.72 (vs US$2.33 in FY 2022)

Recent updates

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

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

Full year 2023 earnings released: EPS: US$2.72 (vs US$2.33 in FY 2022)

Upcoming dividend of US$0.23 per share

Fourth quarter dividend of US$0.23 announced

Full year 2023 earnings released: EPS: US$2.72 (vs US$2.33 in FY 2022)

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

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

Independent Director recently sold €310k worth of stock

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

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

Third quarter 2023 earnings released: EPS: US$0.67 (vs US$0.59 in 3Q 2022)

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

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

Insider recently sold €230k worth of stock

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

Second quarter 2023 earnings released: EPS: US$0.70 (vs US$0.55 in 2Q 2022)

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

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

New minor risk - Share price stability

Investor sentiment improves as stock rises 18%

Upcoming dividend of US$0.23 per share at 4.6% yield

First quarter 2023 earnings released: EPS: US$0.75 (vs US$0.44 in 1Q 2022)

Full year 2022 earnings released: EPS: US$2.33 (vs US$2.16 in FY 2021)

Upcoming dividend of US$0.23 per share at 3.6% yield

Non-Executive Chairman of the Board recently sold €596k worth of stock

Full year 2022 earnings released: EPS: US$2.33 (vs US$2.16 in FY 2021)

First Financial Bancorp. Approves Quarterly Dividend, Payable on March 15, 2023

First Financial Bancorp. Announces Retirement of Corinne Finnerty as Director of the Company

First Financial Bancorp. to Report Fiscal Year 2022 Results on Jan 26, 2023

Upcoming dividend of US$0.23 per share

Insufficient new directors

Insider recently sold €537k worth of stock

First Financial Bancorp Declares Quarterly Cash Dividend, Payable on December 15, 2022

Third quarter 2022 earnings released: EPS: US$0.59 (vs US$0.64 in 3Q 2021)

First Financial Bancorp Announces Net Charge-Offs for the Third Quarter Ended September 30, 2022

First Financial Bancorp. to Report Q3, 2022 Results on Oct 20, 2022

Upcoming dividend of US$0.23 per share

First Financial Bancorp Declares Quarterly Cash Dividend, Payable on September 15, 2022

Second quarter 2022 earnings released: EPS: US$0.55 (vs US$0.53 in 2Q 2021)

First Financial Bancorp. to Report Q2, 2022 Results on Jul 21, 2022

First Financial Bancorp Announces Appointment of Gary Warzala as Member of Board of Director

First Financial Bancorp Announces Appointment of Gary Warzala as Member of Board of Director

Upcoming dividend of US$0.23 per share

Independent Director recently sold €68k worth of stock

President recently bought €97k worth of stock

Insufficient new directors

First Financial Bancorp Declares Quarterly Cash Dividend, Payable on June 15, 2022

First quarter 2022 earnings released: EPS: US$0.44 (vs US$0.49 in 1Q 2021)

First Financial Bancorp. to Report Q1, 2022 Results on Apr 21, 2022

First Financial Bancorp., Annual General Meeting, May 24, 2022

First Financial Bancorp. Announces the Retirement of John Neighbours as Director

Upcoming dividend of US$0.23 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Financial Bancorp. Approves Quarterly Dividend, Payable on March 15, 2022

First Financial Bancorp. (NasdaqGS:FFBC) entered into a Stock Purchase Agreement to acquire Summit Funding Group, Inc. for approximately 120 million.

Upcoming dividend of US$0.23 per share

Third quarter 2021 earnings released: EPS US$1.27 (vs US$0.43 in 3Q 2020)

Upcoming dividend of US$0.23 per share