First Financial Management
Management criteria checks 2/4
First Financial's CEO is Norman Lowery, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.05M, comprised of 35.8% salary and 64.2% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth $2.31M. The average tenure of the management team and the board of directors is 1 years and 15.9 years respectively.
Key information
Norman Lowery
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 35.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.4% |
| Management average tenure | less than a year |
| Board average tenure | 15.9yrs |
Recent management updates
Recent updates
First Financial (NASDAQ:THFF) Is Increasing Its Dividend To $0.51
Dec 24
First Financial: A Middle-Of-The-Pack Prospect
Nov 06First Financial (NASDAQ:THFF) Is Paying Out A Dividend Of $0.54
Jun 03First Financial (NASDAQ:THFF) Will Pay A Dividend Of $0.54
May 20First Financial (NASDAQ:THFF) Is Paying Out A Larger Dividend Than Last Year
Jan 02First Financial (NASDAQ:THFF) Will Pay A Larger Dividend Than Last Year At $0.74
Dec 11First Financial (NASDAQ:THFF) Is Increasing Its Dividend To US$0.54
Jun 05First Financial (NASDAQ:THFF) Will Pay A Larger Dividend Than Last Year At US$0.63
Dec 31First Financial EPS beats by $0.12, misses on revenue
Apr 27Increases to First Financial Corporation's (NASDAQ:THFF) CEO Compensation Might Cool off for now
Apr 15The Attractive Combination That Could Earn First Financial Corporation (NASDAQ:THFF) A Place In Your Dividend Portfolio
Apr 06How Many First Financial Corporation (NASDAQ:THFF) Shares Did Insiders Buy, In The Last Year?
Mar 02Introducing First Financial (NASDAQ:THFF), A Stock That Climbed 19% In The Last Five Years
Feb 02
Why You Might Be Interested In First Financial Corporation (NASDAQ:THFF) For Its Upcoming Dividend
Jan 04What Does First Financial's (NASDAQ:THFF) CEO Pay Reveal?
Dec 23What Makes First Financial Corporation (NASDAQ:THFF) A Great Dividend Stock?
Dec 02First Financial raises dividend by ~2%
Nov 19First Financial EPS beats by $0.29, beats on revenue
Oct 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$43m |
| Jun 30 2024 | n/a | n/a | US$51m |
| Mar 31 2024 | n/a | n/a | US$56m |
| Dec 31 2023 | US$1m | US$376k | US$61m |
| Sep 30 2023 | n/a | n/a | US$65m |
| Jun 30 2023 | n/a | n/a | US$67m |
| Mar 31 2023 | n/a | n/a | US$66m |
| Dec 31 2022 | US$684k | US$361k | US$71m |
| Sep 30 2022 | n/a | n/a | US$62m |
| Jun 30 2022 | n/a | n/a | US$60m |
| Mar 31 2022 | n/a | n/a | US$61m |
| Dec 31 2021 | US$793k | US$351k | US$53m |
| Sep 30 2021 | n/a | n/a | US$61m |
| Jun 30 2021 | n/a | n/a | US$59m |
| Mar 31 2021 | n/a | n/a | US$55m |
| Dec 31 2020 | US$1m | US$341k | US$54m |
| Sep 30 2020 | n/a | n/a | US$52m |
| Jun 30 2020 | n/a | n/a | US$51m |
| Mar 31 2020 | n/a | n/a | US$51m |
| Dec 31 2019 | US$1m | US$330k | US$49m |
| Sep 30 2019 | n/a | n/a | US$46m |
| Jun 30 2019 | n/a | n/a | US$45m |
| Mar 31 2019 | n/a | n/a | US$47m |
| Dec 31 2018 | US$650k | US$297k | US$47m |
| Sep 30 2018 | n/a | n/a | US$38m |
| Jun 30 2018 | n/a | n/a | US$36m |
| Mar 31 2018 | n/a | n/a | US$29m |
| Dec 31 2017 | US$664k | US$270k | US$29m |
Compensation vs Market: Norman's total compensation ($USD1.05M) is below average for companies of similar size in the US market ($USD2.15M).
Compensation vs Earnings: Norman's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Norman Lowery (56 yo)
less than a year
Tenure
US$1,050,992
Compensation
Mr. Norman D. Lowery serves as President and CEO of First Financial Bank, National Association from January 1, 2024 and served as its Chief Operations officer until January 01, 2024. He had been the Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 35.9yrs | US$1.72m | 1.13% $ 6.3m | |
| President | less than a year | US$1.05m | 0.41% $ 2.3m | |
| Senior VP | 14.8yrs | US$1.09m | 0.27% $ 1.5m | |
| Senior VP & Chief Lending Officer | 2.8yrs | US$534.91k | 0.057% $ 319.4k | |
| Chief Marketing Officer | 1.1yrs | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Senior VP & Chief Credit Officer | less than a year | no data | 0.026% $ 143.0k |
1.0yrs
Average Tenure
62yo
Average Age
Experienced Management: THFF's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 35.9yrs | US$1.72m | 1.13% $ 6.3m | |
| President | 4.1yrs | US$1.05m | 0.41% $ 2.3m | |
| Independent Director | 4.1yrs | US$80.50k | 0.0023% $ 12.8k | |
| Independent Director | 30.9yrs | US$76.50k | 0.88% $ 4.9m | |
| Independent Director | 35.9yrs | US$80.50k | 0.15% $ 813.0k | |
| Independent Director | 16.2yrs | US$82.50k | 0.17% $ 965.8k | |
| Independent Director | 20.9yrs | US$80.50k | 0.19% $ 1.0m | |
| Lead Independent Director | 19.5yrs | US$82.50k | 0.034% $ 190.7k | |
| Independent Director | 15.7yrs | US$80.50k | 0.050% $ 280.1k | |
| Independent Director | 5.2yrs | US$80.50k | 0.19% $ 1.1m | |
| Independent Director | 5.2yrs | US$78.50k | 0.076% $ 423.9k | |
| Independent Director | 5.2yrs | US$80.50k | 0.068% $ 376.3k |
15.9yrs
Average Tenure
73yo
Average Age
Experienced Board: THFF's board of directors are seasoned and experienced ( 15.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 02:27 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
First Financial Corporation is covered by 6 analysts. 3 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 |
|---|---|
| Daniel Cardenas | Howe Barnes Hoefer & Arnett, Inc. |
| Brian Martin | Janney Montgomery Scott LLC |
| Damon DelMonte | Keefe, Bruyette, & Woods |