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FFBC

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

21.18USD+0.32 (+1.53%)Delayed as of 18 Apr 2024, 10:53 am ET

Market Summary

FFBC
USD21.18+0.32
Delayedas of 18 Apr 2024, 10:53 am
1.53%

FFBC Stock Price

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FFBC RSI Chart

FFBC Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

7.75

Price/Sales (Trailing)

2.2

EV/EBITDA

2.17

Price/Free Cashflow

4.29

FFBC Price/Sales (Trailing)

FFBC Profitability

EBT Margin

35.28%

Return on Equity

11.28%

Return on Assets

1.46%

Free Cashflow Yield

23.34%

FFBC Fundamentals

FFBC Revenue

Revenue (TTM)

903.0M

Rev. Growth (Yr)

25.55%

Rev. Growth (Qtr)

2.73%

FFBC Earnings

Earnings (TTM)

255.9M

Earnings Growth (Yr)

-17.88%

Earnings Growth (Qtr)

-10.04%

Breaking Down FFBC Revenue

52 Week Range

17.9924.99
(Low)(High)

Last 7 days

-1.4%

Last 30 days

-1.0%

Last 90 days

-6.7%

Trailing 12 Months

1.9%

How does FFBC drawdown profile look like?

FFBC Financial Health

Debt/Equity

0.15

Debt/Cashflow

1.42

FFBC Investor Care

Dividend Yield

4.41%

Dividend/Share (TTM)

0.92

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

2.69

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
GRUFITY'S FAIR VALUE MODEL

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Returns of $10,000 invested in:

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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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of First Financial Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold FFBC recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 49

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
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Mar 21, 2024
8-K
Current Report
Mar 18, 2024
3/A
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading

Peers (Alternatives to First Financial Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
518.6B
171.1B
-6.55% 27.33%
10.47
3.03
60.72% 31.52%
277.4B
130.3B
-2.17% 15.28%
10.46
2.13
79.51% -3.68%
204.6B
85.7B
-1.00% 36.59%
10.69
2.39
41.49% 39.96%
111.2B
133.3B
-0.80% 16.13%
12.05
0.83
79.09% -
15.1B
10.2B
-1.99% 8.44%
9.42
1.48
44.53% -22.43%
13.5B
7.9B
-0.07% 19.35%
13.94
1.7
46.47% -49.56%
MID-CAP
6.6B
4.2B
0.48% 11.63%
7.49
1.58
56.25% -23.46%
5.8B
3.9B
-0.96% 29.19%
8.57
1.48
45.91% -25.03%
3.1B
1.3B
-3.03% 32.01%
11.42
2.4
43.24% -22.35%
3.0B
2.0B
-0.45% 11.20%
16.48
1.54
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
393.2M
164.9M
-3.99% 28.14%
33.62
2.38
42.66% -70.76%
359.4M
162.6M
-8.71% -4.36%
11.95
2.21
25.39% -38.37%
267.1M
96.6M
-9.56% 1.15%
8.43
2.76
11.02% -11.37%
44.1M
60.9M
1.17% -15.64%
-13.17
0.72
24.06% -144.92%

First Financial Bancorp News

Latest updates
Defense World • 9 hours ago

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.7%238232224209190155126114118121122123130126129140148154155152153
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%154155159159158138117106111113114114118112112114119122122122126
Income Taxes-4.2%15.0015.0015.0017.0010.00-8.6013.009.008.007.0011.0010.005.009.008.006.009.0012.0013.0010.0012.00
Earnings Before Taxes-8.9%71.0078.0081.0088.0079.0047.0065.0051.0055.0067.0062.0058.0054.0051.0045.0035.0058.0063.0066.0056.0067.00
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%57.0063.0066.0070.0069.0056.0052.0041.0047.0060.0051.0047.0048.0041.0037.0029.0049.0051.0053.0046.0055.00
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 Cashflow28.6%11086.0099.0016823.00-94.0711814110072.0056.00144---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.8%17,53317,05517,09016,93417,00316,62416,24416,00916,32915,95716,03816,17515,97315,92615,87115,05814,51214,48014,43814,07413,987
    Cash Equivalents-3.3%213220217200208196303230220210207210231---201----
  Net PPE----------193192205207209211213215214211211216
  Goodwill0%1,0061,0061,0061,0061,0029981,0001,0001,001938938938938938938938938938880880880
Liabilities2.3%15,26514,92514,94714,81214,96214,63014,17513,87214,07013,72013,76813,91613,69113,67813,65012,87812,26412,21912,24911,94411,908
  Short Term Borrowings-3.7%9389741,2161,2181,2871,161896185296189473-1672481541,3981,3161,2141,3131,0471,041
  Long Term Debt0.9%3443413403433473553593804103133135847761,3411,286326414499547546571
Shareholder's Equity6.5%2,2682,1302,1432,1212,0411,9942,0692,1372,2592,2362,2702,2592,2822,2482,2212,1792,2482,2612,1882,1302,078
  Retained Earnings3.2%1,1371,1021,0611,017968921887857837812774745720694676661711685658626600
Shares Outstanding-0.1%94.0094.0094.0094.0094.0094.0094.0093.0095.0094.0096.0097.00---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations26.6%11692.0010717227.00-91.5412214410577.0059.0014715222.0060.00-12678.0048.0022.0038.0086.00
  Share Based Compensation-66.1%2.005.004.005.005.003.002.004.002.002.002.003.002.002.002.002.002.002.002.003.001.00
Cashflow From Investing-1057.3%-51354.00-183-57.49-471-318-17683.00-375117114-366-122-90.65-800-190-201248-239-58.91-157
Cashflow From Financing374.0%390-14294.00-122457303126-216281-191-176198-5.87-8.2176237882.00-223219-46.30115
  Dividend Payments-0.6%22.0022.0022.0022.0022.0022.0022.0022.0021.0022.0022.0022.0022.0022.0022.0023.0023.0023.0022.0022.0019.00
  Buy Backs----------57.0033.0018.00---17.0039.0027.00---

FFBC Income Statement

2023-12-31
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 fees743,770458,742385,535
Investment securities   
Taxable125,520102,31479,212
Tax-exempt13,90118,46618,323
Total interest on investment securities139,421120,78097,535
Other earning assets19,8135,484147
Total interest income903,004585,006483,217
Interest expense   
Deposits202,01028,14014,435
Short-term borrowings53,37819,132198
Long-term borrowings19,84618,59116,466
Total interest expense275,23465,86331,099
Net interest income627,770519,143452,118
Provision for loan and lease losses43,0746,731(19,024)
Provision for Other Credit Losses334,982903
Net interest income after provision for credit losses584,663507,430470,239
Noninterest income   
Service charges on deposit accounts27,28928,06231,876
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions26,08123,50623,780
Bankcard income14,03914,38014,300
Client derivative fees5,1555,4417,927
Foreign exchange income54,05154,96544,793
Net gain from sales of loans13,21715,04833,021
Net gain (loss) on sales/transfers of investment securities(1,258)(569)(759)
Equity Securities, FV-NI, Unrealized Gain (Loss)206(639)702
Other22,32017,87315,866
Total noninterest income212,422189,641171,506
Noninterest expenses   
Salaries and employee benefits292,731269,368245,924
Net occupancy22,99022,20822,142
Furniture and equipment13,54313,22413,819
Data processing35,85233,66231,363
Marketing9,6478,7447,983
Communication2,7292,6832,930
Professional services9,9269,73411,676
State intangible tax3,9144,2854,256
FDIC assessments11,9487,1945,630
Other32,30752,69945,250
Total noninterest expenses478,489455,349400,812
Income before income taxes318,596241,722240,933
Income tax expense62,73324,11035,773
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 - basic93,938,77293,528,71295,034,690
Average common shares outstanding - diluted95,096,06794,586,85195,897,385
Operating Lease, Lease Income$ 51,322$ 31,574$ 0
Operating Lease, Expense$ 32,500$ 20,363$ 0

FFBC Balance Sheet

2023-12-31
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 banks792,960388,182
Investment Securities, Available-for-sale3,021,1263,409,648
Investment securities held-to-maturity (fair value $71,688 at December 31, 2023 and $76,485 at December 31, 2022)80,32184,021
Other investments129,945143,160
Loans held for sale, at fair value9,2137,918
Loans and leases  
Total loans and leases10,933,17610,298,971
Loans and Leases Receivable, Allowance(141,433)(132,977)
Net loans and leases10,791,74310,165,994
Property, Plant, and Equipment, Excluding Lessor Asset under Operating Lease, after Accumulated Depreciation194,740189,080
Operating Lease153,21491,738
Goodwill1,005,8681,001,507
Other intangibles83,94993,919
Accrued interest and other assets1,056,7621,220,648
Deposits  
Interest-bearing demand2,993,2193,037,153
Savings4,331,2283,828,139
Time2,718,3901,700,705
Total interest-bearing deposits10,042,8378,565,997
Total assets17,532,90017,003,316
Noninterest-bearing3,317,9604,135,180
Total deposits13,360,79712,701,177
FHLB short-term borrowings800,0001,130,000
Other Short-term Borrowings137,814157,156
Total short-term borrowings937,8141,287,156
Long-term debt344,115346,672
Total borrowed funds1,281,9291,633,828
Accrued interest and other liabilities622,200626,938
Total liabilities15,264,92614,961,943
Shareholders' equity  
Common stock - no par value1,638,9721,634,605
Retained earnings1,136,718968,237
Accumulated other comprehensive income (loss)(309,819)(358,663)
Treasury stock, at cost, 9,140,550 shares in 2023 and 9,390,695 shares in 2022(197,897)(202,806)
Total shareholders' equity2,267,9742,041,373
Total liabilities and shareholders’ equity$ 17,532,900$ 17,003,316
Common Stock, Shares Authorized160,000,000160,000,000
Common Stock, Shares, Issued104,281,794104,281,794
Commercial  
Loans and leases  
Total loans and leases$ 3,501,221$ 3,410,272
Lease financing  
Loans and leases  
Total loans and leases474,817236,124
Construction real estate  
Loans and leases  
Total loans and leases564,832512,050
Commercial real estate  
Loans and leases  
Total loans and leases4,080,9394,052,759
Residential real estate  
Loans and leases  
Total loans and leases1,333,6741,092,265
Home equity  
Loans and leases  
Total loans and leases758,676733,791
Installment  
Loans and leases  
Total loans and leases159,078209,895
Credit card  
Loans and leases  
Total loans and leases$ 59,939$ 51,815
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 Wed Apr 17 2024, market cap of First Financial Bancorp is 1.98 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 Wed Apr 17 2024, FFBC's PE ratio (Price to Earnings) is 7.75 and Price to Sales (PS) ratio is 2.2. 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 0.048 (multiply by 100 for percentage) rate of return.