First Financial Management
Management criteria checks 3/4
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 $1.82M. The average tenure of the management team and the board of directors is 2.2 years and 15.3 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 | 2.2yrs |
| Board average tenure | 15.3yrs |
Recent management updates
Recent updates
First Financial (NASDAQ:THFF) Is Paying Out A Dividend Of $0.54
Jun 03
First 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 |
|---|---|---|---|
| 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 ($USD2.37M).
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 (55 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 | 35.3yrs | US$1.72m | 1.13% $ 5.0m | |
| President | less than a year | US$1.05m | 0.41% $ 1.8m | |
| Senior VP | 14.1yrs | US$1.09m | 0.27% $ 1.2m | |
| Senior VP & Chief Credit Officer | 12.3yrs | US$553.06k | 0.20% $ 863.2k | |
| Senior VP & Chief Lending Officer | 2.2yrs | US$534.91k | 0.050% $ 221.5k | |
| Vice President of Marketing | no data | no data | no data |
2.2yrs
Average Tenure
61.5yo
Average Age
Experienced Management: THFF's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 35.3yrs | US$1.72m | 1.13% $ 5.0m | |
| President | 3.4yrs | US$1.05m | 0.41% $ 1.8m | |
| Independent Director | 3.4yrs | US$80.50k | 0.0023% $ 10.2k | |
| Independent Director | 30.3yrs | US$76.50k | 0.88% $ 3.9m | |
| Independent Director | 35.3yrs | US$80.50k | 0.15% $ 642.8k | |
| Independent Director | 15.5yrs | US$82.50k | 0.17% $ 763.7k | |
| Independent Director | 20.3yrs | US$80.50k | 0.19% $ 819.3k | |
| Lead Independent Director | 18.8yrs | US$82.50k | 0.034% $ 150.8k | |
| Independent Director | 15yrs | US$80.50k | 0.050% $ 221.5k | |
| Independent Director | 4.5yrs | US$80.50k | 0.19% $ 856.5k | |
| Independent Director | 4.5yrs | US$78.50k | 0.076% $ 335.2k | |
| Independent Director | 4.5yrs | US$80.50k | 0.068% $ 297.5k |
15.3yrs
Average Tenure
72yo
Average Age
Experienced Board: THFF's board of directors are seasoned and experienced ( 15.3 years average tenure).