FFBC Stock Overview
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.
First Financial Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$22.60|
|52 Week High||US$26.83|
|52 Week Low||US$18.75|
|1 Month Change||14.78%|
|3 Month Change||11.44%|
|1 Year Change||-4.52%|
|3 Year Change||-3.21%|
|5 Year Change||-9.42%|
|Change since IPO||191.94%|
Recent News & Updates
First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.23
First Financial Bancorp.'s ( NASDAQ:FFBC ) investors are due to receive a payment of $0.23 per share on 15th of...
First Financial Non-GAAP EPS of $0.56 beats by $0.05, revenue of $166.99M beats by $6.42M
First Financial press release (NASDAQ:FFBC): Q2 Non-GAAP EPS of $0.56 beats by $0.05. Revenue of $166.99M (+6.3% Y/Y) beats by $6.42M.
First Financial Bancorp's (NASDAQ:FFBC) Dividend Will Be US$0.23
First Financial Bancorp. ( NASDAQ:FFBC ) will pay a dividend of US$0.23 on the 15th of June. This makes the dividend...
|FFBC||US Banks||US Market|
Return vs Industry: FFBC exceeded the US Banks industry which returned -15.3% over the past year.
Return vs Market: FFBC exceeded the US Market which returned -13.5% over the past year.
|FFBC Average Weekly Movement||3.4%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.0%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: FFBC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: FFBC's weekly volatility (3%) has been stable over the past year.
About the Company
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 accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers.
First Financial Bancorp Fundamentals Summary
|FFBC fundamental statistics|
Is FFBC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FFBC income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||2.11|
|Net Profit Margin||31.28%|
How did FFBC perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Does FFBC pay a reliable dividends?See FFBC dividend history and benchmarks
|First Financial Bancorp dividend dates|
|Ex Dividend Date||Aug 31 2022|
|Dividend Pay Date||Sep 15 2022|
|Days until Ex dividend||19 days|
|Days until Dividend pay date||34 days|
Does FFBC pay a reliable dividends?See FFBC dividend history and benchmarks
Is FFBC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FFBC?
Other financial metrics that can be useful for relative valuation.
|What is FFBC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does FFBC's PE Ratio compare to its peers?
|FFBC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WAFD Washington Federal
FFBC First Financial Bancorp
Price-To-Earnings vs Peers: FFBC is good value based on its Price-To-Earnings Ratio (10.7x) compared to the peer average (13.3x).
Price to Earnings Ratio vs Industry
How does FFBC's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: FFBC is expensive based on its Price-To-Earnings Ratio (10.7x) compared to the US Banks industry average (9.9x)
Price to Earnings Ratio vs Fair Ratio
What is FFBC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.7x|
|Fair PE Ratio||13.2x|
Price-To-Earnings vs Fair Ratio: FFBC is good value based on its Price-To-Earnings Ratio (10.7x) compared to the estimated Fair Price-To-Earnings Ratio (13.2x).
Share Price vs Fair Value
What is the Fair Price of FFBC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FFBC ($22.6) is trading below our estimate of fair value ($49.65)
Significantly Below Fair Value: FFBC is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
How is First Financial Bancorp forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FFBC's forecast earnings growth (7.8% per year) is above the savings rate (1.9%).
Earnings vs Market: FFBC's earnings (7.8% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FFBC's earnings are forecast to grow, but not significantly.
Revenue vs Market: FFBC's revenue (9.8% per year) is forecast to grow faster than the US market (7.9% per year).
High Growth Revenue: FFBC's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FFBC's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has First Financial Bancorp performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FFBC has high quality earnings.
Growing Profit Margin: FFBC's current net profit margins (31.3%) are higher than last year (30.2%).
Past Earnings Growth Analysis
Earnings Trend: FFBC's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: FFBC's earnings growth over the past year (6.3%) is below its 5-year average (12.4% per year).
Earnings vs Industry: FFBC earnings growth over the past year (6.3%) underperformed the Banks industry 9.2%.
Return on Equity
High ROE: FFBC's Return on Equity (9.7%) is considered low.
Discover strong past performing companies
How is First Financial Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: FFBC's Assets to Equity ratio (7.9x) is low.
Allowance for Bad Loans: FFBC has a sufficient allowance for bad loans (235%).
Low Risk Liabilities: 87% of FFBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: FFBC has an appropriate level of Loans to Assets ratio (57%).
Low Risk Deposits: FFBC's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: FFBC has an appropriate level of bad loans (0.5%).
Discover healthy companies
What is First Financial Bancorp current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FFBC's dividend (4.07%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: FFBC's dividend (4.07%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: FFBC's dividend payments have been volatile in the past 10 years.
Growing Dividend: FFBC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.1%), FFBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Archie Brown (61 yo)
Mr. Archie M. Brown, Jr., serves as Director of Cincinnati Branch at Federal Reserve Bank of Cleveland since January 1, 2022. He has been President, Chief Executive Officer and Director of First Financial...
CEO Compensation Analysis
Compensation vs Market: Archie's total compensation ($USD3.05M) is below average for companies of similar size in the US market ($USD5.40M).
Compensation vs Earnings: Archie's compensation has increased by more than 20% in the past year.
Experienced Management: FFBC's management team is considered experienced (3.9 years average tenure).
Experienced Board: FFBC's board of directors are seasoned and experienced ( 11.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FFBC insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
First Financial Bancorp.'s employee growth, exchange listings and data sources
- Name: First Financial Bancorp.
- Ticker: FFBC
- Exchange: NasdaqGS
- Founded: 1863
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: US$2.144b
- Shares outstanding: 94.87m
- Website: https://www.bankatfirst.com
Number of Employees
- First Financial Bancorp.
- 255 East Fifth Street
- Suite 800
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/10 00:00|
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 here.