FFBC RSI Chart
Last 7 days
-1.4%
Last 30 days
-1.0%
Last 90 days
-6.7%
Trailing 12 Months
1.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 679.8M | 777.5M | 854.5M | 903.0M |
2022 | 474.4M | 478.7M | 513.0M | 585.0M |
2021 | 508.1M | 500.6M | 495.4M | 483.2M |
2020 | 595.3M | 570.2M | 542.6M | 525.0M |
2019 | 601.8M | 608.9M | 613.4M | 607.6M |
2018 | 344.6M | 411.2M | 475.5M | 540.4M |
2017 | 310.0M | 315.6M | 323.2M | 333.1M |
2016 | 280.5M | 291.9M | 300.5M | 305.9M |
2015 | 252.9M | 258.0M | 263.3M | 269.8M |
2014 | 240.7M | 237.1M | 241.0M | 247.9M |
2013 | 269.3M | 259.7M | 253.0M | 245.2M |
2012 | 303.9M | 298.0M | 288.3M | 280.9M |
2011 | 333.0M | 324.9M | 316.2M | 308.8M |
2010 | 389.4M | 374.1M | 358.8M | 343.5M |
2009 | 0 | 0 | 0 | 404.7M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | dennen richard s | acquired | - | - | 17,078 | chief corp. banking officer |
Mar 07, 2024 | harrod william r | sold (taxes) | -65,549 | 22.16 | -2,958 | chief credit officer |
Mar 07, 2024 | brown archie m | acquired | - | - | 50,862 | president & ceo |
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 |
Which funds bought or sold FFBC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 16, 2024 | MCF Advisors LLC | unchanged | - | -4,655 | 78,470 | 0.01% |
Apr 16, 2024 | Independence Bank of Kentucky | unchanged | - | -922 | 15,537 | -% |
Apr 08, 2024 | TOMPKINS FINANCIAL CORP | unchanged | - | -1,477 | 24,909 | -% |
Apr 05, 2024 | FIRST HAWAIIAN BANK | sold off | -100 | -429,163 | - | -% |
Apr 05, 2024 | CWM, LLC | added | 16.15 | - | 5,000 | -% |
Apr 05, 2024 | GAMMA Investing LLC | added | 68.99 | 4,439 | 10,874 | -% |
Apr 03, 2024 | Versant Capital Management, Inc | unchanged | - | -1,761 | 29,684 | 0.01% |
Apr 02, 2024 | Cravens & Co Advisors, LLC | unchanged | - | -12,860 | 216,779 | 0.18% |
Apr 01, 2024 | FIRST FINANCIAL BANK - TRUST DIVISION | added | 17.83 | 2,351,710 | 23,289,000 | 2.24% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -10.58 | 21,025 | 272,650 | -% |
Unveiling First Financial Bancorp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to First Financial Bancorp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 518.6B | 171.1B | 10.47 | 3.03 | ||||
BAC | 277.4B | 130.3B | 10.46 | 2.13 | ||||
WFC | 204.6B | 85.7B | 10.69 | 2.39 | ||||
C | 111.2B | 133.3B | 12.05 | 0.83 | ||||
CFG | 15.1B | 10.2B | 9.42 | 1.48 | ||||
KEY | 13.5B | 7.9B | 13.94 | 1.7 | ||||
MID-CAP | ||||||||
CMA | 6.6B | 4.2B | 7.49 | 1.58 | ||||
ZION | 5.8B | 3.9B | 8.57 | 1.48 | ||||
ABCB | 3.1B | 1.3B | 11.42 | 2.4 | ||||
ASB | 3.0B | 2.0B | 16.48 | 1.54 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 393.2M | 164.9M | 33.62 | 2.38 | ||||
AROW | 359.4M | 162.6M | 11.95 | 2.21 | ||||
ACNB | 267.1M | 96.6M | 8.43 | 2.76 | ||||
ASRV | 44.1M | 60.9M | -13.17 | 0.72 |
First Financial Bancorp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.7% | 238 | 232 | 224 | 209 | 190 | 155 | 126 | 114 | 118 | 121 | 122 | 123 | 130 | 126 | 129 | 140 | 148 | 154 | 155 | 152 | 153 |
EBITDA Margin | -6.5% | 1.08* | 1.16* | 1.21* | 1.30* | 1.35* | 1.40* | 1.50* | 1.50* | 1.50* | 1.48* | 1.43* | 1.37* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -1.1% | 154 | 155 | 159 | 159 | 158 | 138 | 117 | 106 | 111 | 113 | 114 | 114 | 118 | 112 | 112 | 114 | 119 | 122 | 122 | 122 | 126 |
Income Taxes | -4.2% | 15.00 | 15.00 | 15.00 | 17.00 | 10.00 | -8.60 | 13.00 | 9.00 | 8.00 | 7.00 | 11.00 | 10.00 | 5.00 | 9.00 | 8.00 | 6.00 | 9.00 | 12.00 | 13.00 | 10.00 | 12.00 |
Earnings Before Taxes | -8.9% | 71.00 | 78.00 | 81.00 | 88.00 | 79.00 | 47.00 | 65.00 | 51.00 | 55.00 | 67.00 | 62.00 | 58.00 | 54.00 | 51.00 | 45.00 | 35.00 | 58.00 | 63.00 | 66.00 | 56.00 | 67.00 |
EBT Margin | -7.7% | 0.35* | 0.38* | 0.38* | 0.41* | 0.41* | 0.42* | 0.49* | 0.49* | 0.50* | 0.48* | 0.45* | 0.41* | - | - | - | - | - | - | - | - | - |
Net Income | -10.0% | 57.00 | 63.00 | 66.00 | 70.00 | 69.00 | 56.00 | 52.00 | 41.00 | 47.00 | 60.00 | 51.00 | 47.00 | 48.00 | 41.00 | 37.00 | 29.00 | 49.00 | 51.00 | 53.00 | 46.00 | 55.00 |
Net Income Margin | -9.7% | 0.28* | 0.31* | 0.34* | 0.36* | 0.37* | 0.38* | 0.42* | 0.42* | 0.42* | 0.42* | 0.38* | 0.34* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 28.6% | 110 | 86.00 | 99.00 | 168 | 23.00 | -94.07 | 118 | 141 | 100 | 72.00 | 56.00 | 144 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.8% | 17,533 | 17,055 | 17,090 | 16,934 | 17,003 | 16,624 | 16,244 | 16,009 | 16,329 | 15,957 | 16,038 | 16,175 | 15,973 | 15,926 | 15,871 | 15,058 | 14,512 | 14,480 | 14,438 | 14,074 | 13,987 |
Cash Equivalents | -3.3% | 213 | 220 | 217 | 200 | 208 | 196 | 303 | 230 | 220 | 210 | 207 | 210 | 231 | - | - | - | 201 | - | - | - | - |
Net PPE | - | - | - | - | - | - | - | - | - | - | 193 | 192 | 205 | 207 | 209 | 211 | 213 | 215 | 214 | 211 | 211 | 216 |
Goodwill | 0% | 1,006 | 1,006 | 1,006 | 1,006 | 1,002 | 998 | 1,000 | 1,000 | 1,001 | 938 | 938 | 938 | 938 | 938 | 938 | 938 | 938 | 938 | 880 | 880 | 880 |
Liabilities | 2.3% | 15,265 | 14,925 | 14,947 | 14,812 | 14,962 | 14,630 | 14,175 | 13,872 | 14,070 | 13,720 | 13,768 | 13,916 | 13,691 | 13,678 | 13,650 | 12,878 | 12,264 | 12,219 | 12,249 | 11,944 | 11,908 |
Short Term Borrowings | -3.7% | 938 | 974 | 1,216 | 1,218 | 1,287 | 1,161 | 896 | 185 | 296 | 189 | 473 | - | 167 | 248 | 154 | 1,398 | 1,316 | 1,214 | 1,313 | 1,047 | 1,041 |
Long Term Debt | 0.9% | 344 | 341 | 340 | 343 | 347 | 355 | 359 | 380 | 410 | 313 | 313 | 584 | 776 | 1,341 | 1,286 | 326 | 414 | 499 | 547 | 546 | 571 |
Shareholder's Equity | 6.5% | 2,268 | 2,130 | 2,143 | 2,121 | 2,041 | 1,994 | 2,069 | 2,137 | 2,259 | 2,236 | 2,270 | 2,259 | 2,282 | 2,248 | 2,221 | 2,179 | 2,248 | 2,261 | 2,188 | 2,130 | 2,078 |
Retained Earnings | 3.2% | 1,137 | 1,102 | 1,061 | 1,017 | 968 | 921 | 887 | 857 | 837 | 812 | 774 | 745 | 720 | 694 | 676 | 661 | 711 | 685 | 658 | 626 | 600 |
Shares Outstanding | -0.1% | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 93.00 | 95.00 | 94.00 | 96.00 | 97.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 1,906 | - | - | - | 1,794 | - | - | - | 2,227 | - | - | - | 1,334 | - | - | - | 2,341 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 26.6% | 116 | 92.00 | 107 | 172 | 27.00 | -91.54 | 122 | 144 | 105 | 77.00 | 59.00 | 147 | 152 | 22.00 | 60.00 | -126 | 78.00 | 48.00 | 22.00 | 38.00 | 86.00 |
Share Based Compensation | -66.1% | 2.00 | 5.00 | 4.00 | 5.00 | 5.00 | 3.00 | 2.00 | 4.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 | 1.00 |
Cashflow From Investing | -1057.3% | -513 | 54.00 | -183 | -57.49 | -471 | -318 | -176 | 83.00 | -375 | 117 | 114 | -366 | -122 | -90.65 | -800 | -190 | -201 | 248 | -239 | -58.91 | -157 |
Cashflow From Financing | 374.0% | 390 | -142 | 94.00 | -122 | 457 | 303 | 126 | -216 | 281 | -191 | -176 | 198 | -5.87 | -8.21 | 762 | 378 | 82.00 | -223 | 219 | -46.30 | 115 |
Dividend Payments | -0.6% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 21.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 23.00 | 23.00 | 23.00 | 22.00 | 22.00 | 19.00 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | 57.00 | 33.00 | 18.00 | - | - | - | 17.00 | 39.00 | 27.00 | - | - | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Intangible assets amortization | $ 10,402 | $ 11,185 | $ 9,839 |
Interest income | |||
Loans and leases, including fees | 743,770 | 458,742 | 385,535 |
Investment securities | |||
Taxable | 125,520 | 102,314 | 79,212 |
Tax-exempt | 13,901 | 18,466 | 18,323 |
Total interest on investment securities | 139,421 | 120,780 | 97,535 |
Other earning assets | 19,813 | 5,484 | 147 |
Total interest income | 903,004 | 585,006 | 483,217 |
Interest expense | |||
Deposits | 202,010 | 28,140 | 14,435 |
Short-term borrowings | 53,378 | 19,132 | 198 |
Long-term borrowings | 19,846 | 18,591 | 16,466 |
Total interest expense | 275,234 | 65,863 | 31,099 |
Net interest income | 627,770 | 519,143 | 452,118 |
Provision for loan and lease losses | 43,074 | 6,731 | (19,024) |
Provision for Other Credit Losses | 33 | 4,982 | 903 |
Net interest income after provision for credit losses | 584,663 | 507,430 | 470,239 |
Noninterest income | |||
Service charges on deposit accounts | 27,289 | 28,062 | 31,876 |
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions | 26,081 | 23,506 | 23,780 |
Bankcard income | 14,039 | 14,380 | 14,300 |
Client derivative fees | 5,155 | 5,441 | 7,927 |
Foreign exchange income | 54,051 | 54,965 | 44,793 |
Net gain from sales of loans | 13,217 | 15,048 | 33,021 |
Net gain (loss) on sales/transfers of investment securities | (1,258) | (569) | (759) |
Equity Securities, FV-NI, Unrealized Gain (Loss) | 206 | (639) | 702 |
Other | 22,320 | 17,873 | 15,866 |
Total noninterest income | 212,422 | 189,641 | 171,506 |
Noninterest expenses | |||
Salaries and employee benefits | 292,731 | 269,368 | 245,924 |
Net occupancy | 22,990 | 22,208 | 22,142 |
Furniture and equipment | 13,543 | 13,224 | 13,819 |
Data processing | 35,852 | 33,662 | 31,363 |
Marketing | 9,647 | 8,744 | 7,983 |
Communication | 2,729 | 2,683 | 2,930 |
Professional services | 9,926 | 9,734 | 11,676 |
State intangible tax | 3,914 | 4,285 | 4,256 |
FDIC assessments | 11,948 | 7,194 | 5,630 |
Other | 32,307 | 52,699 | 45,250 |
Total noninterest expenses | 478,489 | 455,349 | 400,812 |
Income before income taxes | 318,596 | 241,722 | 240,933 |
Income tax expense | 62,733 | 24,110 | 35,773 |
Net income | $ 255,863 | $ 217,612 | $ 205,160 |
Earnings per common share | |||
Basic | $ 2.72 | $ 2.33 | $ 2.16 |
Diluted | $ 2.69 | $ 2.30 | $ 2.14 |
Average common shares outstanding - basic | 93,938,772 | 93,528,712 | 95,034,690 |
Average common shares outstanding - diluted | 95,096,067 | 94,586,851 | 95,897,385 |
Operating Lease, Lease Income | $ 51,322 | $ 31,574 | $ 0 |
Operating Lease, Expense | $ 32,500 | $ 20,363 | $ 0 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and due from banks | $ 213,059 | $ 207,501 |
Interest-bearing deposits with other banks | 792,960 | 388,182 |
Investment Securities, Available-for-sale | 3,021,126 | 3,409,648 |
Investment securities held-to-maturity (fair value $71,688 at December 31, 2023 and $76,485 at December 31, 2022) | 80,321 | 84,021 |
Other investments | 129,945 | 143,160 |
Loans held for sale, at fair value | 9,213 | 7,918 |
Loans and leases | ||
Total loans and leases | 10,933,176 | 10,298,971 |
Loans and Leases Receivable, Allowance | (141,433) | (132,977) |
Net loans and leases | 10,791,743 | 10,165,994 |
Property, Plant, and Equipment, Excluding Lessor Asset under Operating Lease, after Accumulated Depreciation | 194,740 | 189,080 |
Operating Lease | 153,214 | 91,738 |
Goodwill | 1,005,868 | 1,001,507 |
Other intangibles | 83,949 | 93,919 |
Accrued interest and other assets | 1,056,762 | 1,220,648 |
Deposits | ||
Interest-bearing demand | 2,993,219 | 3,037,153 |
Savings | 4,331,228 | 3,828,139 |
Time | 2,718,390 | 1,700,705 |
Total interest-bearing deposits | 10,042,837 | 8,565,997 |
Total assets | 17,532,900 | 17,003,316 |
Noninterest-bearing | 3,317,960 | 4,135,180 |
Total deposits | 13,360,797 | 12,701,177 |
FHLB short-term borrowings | 800,000 | 1,130,000 |
Other Short-term Borrowings | 137,814 | 157,156 |
Total short-term borrowings | 937,814 | 1,287,156 |
Long-term debt | 344,115 | 346,672 |
Total borrowed funds | 1,281,929 | 1,633,828 |
Accrued interest and other liabilities | 622,200 | 626,938 |
Total liabilities | 15,264,926 | 14,961,943 |
Shareholders' equity | ||
Common stock - no par value | 1,638,972 | 1,634,605 |
Retained earnings | 1,136,718 | 968,237 |
Accumulated other comprehensive income (loss) | (309,819) | (358,663) |
Treasury stock, at cost, 9,140,550 shares in 2023 and 9,390,695 shares in 2022 | (197,897) | (202,806) |
Total shareholders' equity | 2,267,974 | 2,041,373 |
Total liabilities and shareholders’ equity | $ 17,532,900 | $ 17,003,316 |
Common Stock, Shares Authorized | 160,000,000 | 160,000,000 |
Common Stock, Shares, Issued | 104,281,794 | 104,281,794 |
Commercial | ||
Loans and leases | ||
Total loans and leases | $ 3,501,221 | $ 3,410,272 |
Lease financing | ||
Loans and leases | ||
Total loans and leases | 474,817 | 236,124 |
Construction real estate | ||
Loans and leases | ||
Total loans and leases | 564,832 | 512,050 |
Commercial real estate | ||
Loans and leases | ||
Total loans and leases | 4,080,939 | 4,052,759 |
Residential real estate | ||
Loans and leases | ||
Total loans and leases | 1,333,674 | 1,092,265 |
Home equity | ||
Loans and leases | ||
Total loans and leases | 758,676 | 733,791 |
Installment | ||
Loans and leases | ||
Total loans and leases | 159,078 | 209,895 |
Credit card | ||
Loans and leases | ||
Total loans and leases | $ 59,939 | $ 51,815 |