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FFBC

FFBC - First Financial Bancorp Stock Price, Fair Value and News

23.68USD+0.07 (+0.30%)Market Closed

Market Summary

FFBC
USD23.68+0.07
Market Closed
0.30%

FFBC Alerts

  • Big fall in Revenue (Y/Y)

FFBC Stock Price

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FFBC RSI Chart

FFBC Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

9.57

Price/Sales (Trailing)

3.05

EV/EBITDA

2.56

Price/Free Cashflow

7.07

FFBC Price/Sales (Trailing)

FFBC Profitability

EBT Margin

39.50%

Return on Equity

10.33%

Return on Assets

1.34%

Free Cashflow Yield

14.15%

FFBC Fundamentals

FFBC Revenue

Revenue (TTM)

740.9M

Rev. Growth (Yr)

-77.7%

Rev. Growth (Qtr)

-80.49%

FFBC Earnings

Earnings (TTM)

236.1M

Earnings Growth (Yr)

-28%

Earnings Growth (Qtr)

-10.65%

Breaking Down FFBC Revenue

Last 7 days

-0.2%

Last 30 days

13.5%

Last 90 days

6.3%

Trailing 12 Months

21.6%

How does FFBC drawdown profile look like?

FFBC Financial Health

Debt/Equity

0.15

Debt/Cashflow

1.01

FFBC Investor Care

Dividend Yield

3.89%

Dividend/Share (TTM)

0.92

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

2.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024740.9M000
2023679.8M777.5M854.5M903.0M
2022474.4M478.7M513.0M585.0M
2021508.1M500.6M495.4M483.2M
2020595.3M570.2M542.6M525.0M
2019601.8M608.9M613.4M607.6M
2018344.6M411.2M475.5M540.4M
2017310.0M315.6M323.2M333.1M
2016280.5M291.9M300.5M305.9M
2015252.9M258.0M263.3M269.8M
2014240.7M237.1M241.0M247.9M
2013269.3M259.7M253.0M245.2M
2012303.9M298.0M288.3M280.9M
2011333.0M324.9M316.2M308.8M
2010389.4M374.1M358.8M343.5M
2009000404.7M
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Tracking the Latest Insider Buys and Sells of First Financial Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 03, 2024
brown archie m
gifted
-
-
-15,000
president & ceo
Mar 31, 2024
purkrabek knust susan l
acquired
7,488
22.42
334
-
Mar 31, 2024
booth cynthia o
acquired
7,488
22.42
334
-
Mar 31, 2024
porter andre t
acquired
14,999
22.42
669
-
Mar 31, 2024
rahe maribeth s
acquired
14,999
22.42
669
-
Mar 31, 2024
barron william g
acquired
14,999
22.42
669
-
Mar 07, 2024
brown archie m
acquired
-
-
50,862
president & ceo
Mar 07, 2024
anderson james m
acquired
-
-
18,964
chief financial officer
Mar 07, 2024
crawley scott t
sold (taxes)
-16,088
22.16
-726
controller & prin actg officer
Mar 07, 2024
harris gregory a
acquired
-
-
10,982
president, wealth management

1–10 of 50

Which funds bought or sold FFBC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
COMERICA BANK
added
11.36
69,189
1,419,980
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.18
-249,761
2,130,390
-%
May 16, 2024
Beacon Capital Management, LLC
added
9.62
51,731
255,453
0.05%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-66.62
-1,532,810
705,176
-%
May 16, 2024
HANCOCK WHITNEY CORP
added
17.13
55,600
581,510
0.02%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
87.57
900,593
2,069,160
-%
May 15, 2024
Royal Bank of Canada
reduced
-22.94
-678,000
1,806,000
-%
May 15, 2024
QUADRANT CAPITAL GROUP LLC
unchanged
-
-414
6,973
-%
May 15, 2024
Schonfeld Strategic Advisors LLC
new
-
758,468
758,468
-%
May 15, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
4.64
-469
37,935
-%

1–10 of 48

Are Funds Buying or Selling FFBC?

Are funds buying FFBC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FFBC
No. of Funds

Unveiling First Financial Bancorp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
macquarie group ltd
5.2%
4,953,222
SC 13G/A
Feb 13, 2024
vanguard group inc
11.50%
10,939,804
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.0%
6,625,028
SC 13G/A
Jan 23, 2024
blackrock inc.
14.4%
13,688,249
SC 13G/A
Feb 14, 2023
macquarie group ltd
6.46%
6,128,815
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.7%
6,389,339
SC 13G/A
Feb 09, 2023
vanguard group inc
11.34%
10,759,141
SC 13G/A
Jan 26, 2023
blackrock inc.
14.2%
13,510,483
SC 13G/A
Jan 20, 2023
blackrock inc.
14.2%
13,510,483
SC 13G/A
Feb 14, 2022
macquarie group ltd
6.41%
6,009,284
SC 13G/A

Recent SEC filings of First Financial Bancorp

View All Filings
Date Filed Form Type Document
May 15, 2024
144
Notice of Insider Sale Intent
May 15, 2024
4
Insider Trading
May 14, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report
May 07, 2024
4
Insider Trading
Apr 25, 2024
8-K
Current Report
Apr 18, 2024
ARS
ARS
Apr 18, 2024
DEF 14A
DEF 14A
Apr 18, 2024
DEFA14A
DEFA14A
Apr 02, 2024
4
Insider Trading

Peers (Alternatives to First Financial Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
588.1B
174.7B
13.73% 46.82%
11.68
3.37
53.11% 19.83%
307.4B
137.9B
11.58% 38.08%
12.28
2.23
56.12% -12.56%
213.0B
85.8B
6.86% 51.95%
11.35
2.48
35.02% 26.14%
122.2B
125.0B
10.16% 38.13%
15.29
0.98
37.85% -
16.9B
10.4B
12.51% 41.04%
11.81
1.62
26.22% -33.87%
14.5B
8.1B
6.72% 53.23%
16.61
1.78
32.15% -50.93%
MID-CAP
7.3B
4.2B
10.08% 41.38%
10.46
1.71
34.68% -45.96%
6.6B
4.1B
14.23% 65.05%
10.55
1.63
32.93% -30.73%
3.5B
1.3B
13.35% 57.95%
12.32
2.65
30.60% -12.99%
3.4B
2.0B
11.57% 43.03%
20.88
1.65
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
417.1M
173.1M
15.06% 27.00%
14.3
2.41
26.54% -34.86%
390.4M
152.4M
-0.90% 32.84%
39.27
2.56
16.94% -73.84%
295.5M
98.7M
10.19% 20.01%
10.04
2.99
6.27% -22.90%
48.0M
62.5M
8.95% -1.75%
-16.24
0.77
18.83% -145.18%

First Financial Bancorp News

Latest updates
MarketBeat4 hours ago
Yahoo Finance Australia35 hours ago
Yahoo Finance UK16 May 202406:52 am

First Financial Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-80.5%47.00238232224209190155126114118121122123130126129140148154155152
EBITDA Margin17.3%1.27*1.08*1.16*1.21*1.30*1.35*1.40*1.50*1.50*1.50*1.48*1.43*---------
Interest Expenses-3.3%149154155159159158138117106111113114114118112112114119122122122
Income Taxes-24.6%11.0015.0015.0015.0017.0010.00-8.6013.009.008.007.0011.0010.005.009.008.006.009.0012.0013.0010.00
Earnings Before Taxes-13.5%62.0071.0078.0081.0088.0079.0047.0065.0051.0055.0067.0062.0058.0054.0051.0045.0035.0058.0063.0066.0056.00
EBT Margin11.9%0.39*0.35*0.38*0.38*0.41*0.41*0.42*0.49*0.49*0.50*0.48*0.45*---------
Net Income-10.7%51.0057.0063.0066.0070.0069.0056.0052.0041.0047.0060.0051.0047.0048.0041.0037.0029.0049.0051.0053.0046.00
Net Income Margin12.5%0.32*0.28*0.31*0.34*0.36*0.37*0.38*0.42*0.42*0.42*0.42*0.38*---------
Free Cashflow-77.5%25.0011086.0099.0016823.00-94.0711814110072.0056.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.4%17,59917,53317,05517,09016,93417,00316,62416,24416,00916,32915,95716,03816,17515,97315,92615,87115,05814,51214,48014,43814,074
    Cash Equivalents-6.4%199213220217200208196303230220210207210231---201---
  Net PPE-----------193192205207209211213215214211211
  Goodwill0.2%1,0081,0061,0061,0061,0061,0029981,0001,0001,001938938938938938938938938938880880
Liabilities0.3%15,31215,26514,92514,94714,81214,96214,63014,17513,87214,07013,72013,76813,91613,69113,67813,65012,87812,26412,21912,24911,944
  Short Term Borrowings-8.1%8629389741,2161,2181,2871,161896185296189473-1672481541,3981,3161,2141,3131,047
  Long Term Debt-0.3%3433443413403433473553593804103133135847761,3411,286326414499547546
Shareholder's Equity0.8%2,2872,2682,1302,1432,1212,0411,9942,0692,1372,2592,2362,2702,2592,2822,2482,2212,1792,2482,2612,1882,130
  Retained Earnings2.6%1,1661,1371,1021,0611,017968921887857837812774745720694676661711685658626
Shares Outstanding0.3%94.0094.0094.0094.0094.0094.0094.0094.0093.0095.0094.0096.00---------
Float----1,906---1,794---2,227---1,334---2,341-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-72.5%32.0011692.0010717227.00-91.5412214410577.0059.0014715222.0060.00-12678.0048.0022.0038.00
  Share Based Compensation279.2%6.002.005.004.005.005.003.002.004.002.002.002.003.002.002.002.002.002.002.002.003.00
Cashflow From Investing91.6%-43.33-51354.00-183-57.49-471-318-17683.00-375117114-366-122-90.65-800-190-201248-239-58.91
Cashflow From Financing-100.6%-2.25390-14294.00-122457303126-216281-191-176198-5.87-8.2176237882.00-223219-46.30
  Dividend Payments1.0%22.0022.0022.0022.0022.0022.0022.0022.0022.0021.0022.0022.0022.0022.0022.0022.0023.0023.0023.0022.0022.00
  Buy Backs-----------57.0033.0018.00---17.0039.0027.00--
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FFBC Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income  
Loans, including fees$ 201,840$ 169,706
Investment securities  
Taxable28,29631,867
Tax-exempt3,0923,464
Total interest on investment securities31,38835,331
Other earning assets7,4583,544
Total interest income240,686208,581
Interest expense  
Deposits76,07531,456
Short-term borrowings10,94312,950
Long-term borrowings4,9284,857
Total interest expense91,94649,263
Net interest income148,740159,318
Provision for Credit Losses-loans and leases13,4198,644
Provision for credit losses-unfunded commitments(2,259)1,835
Net interest income after provision for credit losses137,580148,839
Noninterest income  
Service Charges on Deposit Accounts6,9126,514
Wealth management fees6,6766,334
Bankcard income3,1423,592
Client derivative fees1,2501,005
Foreign exchange income10,43516,898
Operating Lease, Lease Income14,58913,664
Net gain from sales of loans3,7842,335
Net gain (loss) on sales of investment securities(5,277)(19)
Net gain (loss) on equity securities90140
Other4,9115,080
Total noninterest income46,51255,543
Noninterest expenses  
Salaries and employee benefits74,03772,254
Net occupancy5,9235,685
Furniture and equipment3,6883,317
Data processing8,3059,020
Marketing1,9622,160
Communication795634
Professional services2,2681,946
State intangible tax877985
FDIC assessments2,7802,826
Intangible assets amortization2,3012,600
Amortization of operating leases9,7547,938
Other9,6657,328
Total noninterest expenses122,355116,693
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total61,73787,689
Income tax expense (benefit)11,04817,286
Net income$ 50,689$ 70,403
Earnings per common share  
Basic$ 0.54$ 0.75
Diluted$ 0.53$ 0.74
Average common shares outstanding - basic94,218,06793,732,532
Average common shares outstanding - diluted95,183,99894,960,158

FFBC Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Gross loans and leases, excluding accrued interest$ 11,205,120$ 10,933,176
Less: Allowance for credit losses(144,274)(141,433)
Net loans and leases11,060,84610,791,743
ASSETS  
Cash and due from banks199,407213,059
Interest-bearing deposits with other banks751,290792,960
Investment securities available-for-sale, at fair value (amortized cost $3,221,380 at March 31, 2024 and $3,382,604 at December 31, 2023)2,850,6673,021,126
Investment securities held-to-maturity (fair value $70,850 at March 31, 2024 and $71,688 at December 31, 2023)79,54280,321
Other investments125,548129,945
Loans held for sale11,5349,213
Premises and equipment198,428194,740
Operating leases161,473153,214
Goodwill1,007,6561,005,868
Other Finite-Lived Intangible Assets, Gross85,60383,949
Other Assets1,067,2441,056,762
Total assets17,599,23817,532,900
Deposits  
Interest-bearing2,916,5182,993,219
Savings4,467,8944,331,228
Time2,896,8602,718,390
Total interest-bearing deposits10,281,27210,042,837
Noninterest-bearing3,175,8763,317,960
Total deposits13,457,14813,360,797
FHLB short-term borrowings700,000800,000
Other Short-term Borrowings162,145137,814
Total short-term borrowings862,145937,814
Long-term debt343,236344,115
Total borrowed funds1,205,3811,281,929
Accrued interest and other liabilities649,706622,200
Total liabilities15,312,23515,264,926
SHAREHOLDERS' EQUITY  
Authorized - 160,000,000 shares; Issued - 104,281,794 shares at both March 31, 2024 and December 31, 20231,632,9711,638,972
Retained earnings1,166,0651,136,718
Accumulated other comprehensive loss(321,109)(309,819)
Treasury stock, at cost, 8,808,199 shares at March 31, 2024 and 9,140,550 shares at December 31, 2023(190,924)(197,897)
Total shareholders' equity2,287,0032,267,974
Total liabilities and shareholders' equity17,599,23817,532,900
Commercial  
Gross loans and leases, excluding accrued interest3,591,4283,501,221
Lease financing  
Gross loans and leases, excluding accrued interest492,862474,817
Construction real estate  
Gross loans and leases, excluding accrued interest641,596564,832
Commercial real estate  
Gross loans and leases, excluding accrued interest4,145,9694,080,939
Residential real estate  
Gross loans and leases, excluding accrued interest1,344,6771,333,674
Home equity  
Gross loans and leases, excluding accrued interest773,811758,676
Installment  
Gross loans and leases, excluding accrued interest153,838159,078
Credit card  
Gross loans and leases, excluding accrued interest$ 60,939$ 59,939
FFBC
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. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. The company was founded in 1863 and is headquartered in Cincinnati, Ohio.
 CEO
 WEBSITEbankatfirst.com
 INDUSTRYBanks Diversified
 EMPLOYEES2193

First Financial Bancorp Frequently Asked Questions


What is the ticker symbol for First Financial Bancorp? What does FFBC stand for in stocks?

FFBC is the stock ticker symbol of First Financial Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Financial Bancorp (FFBC)?

As of Fri May 17 2024, market cap of First Financial Bancorp is 2.26 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FFBC stock?

You can check FFBC's fair value in chart for subscribers.

What is the fair value of FFBC stock?

You can check FFBC's fair value in chart for subscribers. The fair value of First Financial Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Financial Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FFBC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Financial Bancorp a good stock to buy?

The fair value guage provides a quick view whether FFBC is over valued or under valued. Whether First Financial Bancorp is cheap or expensive depends on the assumptions which impact First Financial Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FFBC.

What is First Financial Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FFBC's PE ratio (Price to Earnings) is 9.57 and Price to Sales (PS) ratio is 3.05. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FFBC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Financial Bancorp's stock?

In the past 10 years, First Financial Bancorp has provided 0.072 (multiply by 100 for percentage) rate of return.