First Financial Bancorp. (FFBC) Expected to Announce Quarterly Earnings on Thursday

First Financial Bancorp. (NASDAQ:FFBC) will likely be releasing its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $214.80 million for the quarter.

First Financial Bancorp. (NASDAQ:FFBC) last posted its earnings results on Thursday, January 23rd. The bank reported $0.71 EPS for the quarter, beating the consensus estimate of $0.65 by $0.06. First Financial Bancorp. had a return on equity of 10.52% and a net margin of 18.67%. On average, analysts expect First Financial Bancorp. to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

First Financial Bancorp. Price Performance

Shares of FFBC opened at $22.63 on Tuesday. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 9.43 and a beta of 0.85. The stock’s fifty day moving average is $24.90 and its 200-day moving average is $26.61. First Financial Bancorp. has a one year low of $20.59 and a one year high of $31.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.90 and a current ratio of 0.90.

First Financial Bancorp. Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend was Monday, March 3rd. First Financial Bancorp.’s dividend payout ratio is currently 40.00%.

Insiders Place Their Bets

In related news, insider James R. Shank sold 7,600 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $24.92, for a total transaction of $189,392.00. Following the transaction, the insider now directly owns 11,141 shares of the company’s stock, valued at approximately $277,633.72. The trade was a 40.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.04% of the company’s stock.

Wall Street Analyst Weigh In

FFBC has been the subject of several research analyst reports. Keefe, Bruyette & Woods upped their price objective on First Financial Bancorp. from $31.00 to $32.00 and gave the company a “market perform” rating in a report on Monday, January 27th. Royal Bank of Canada restated a “sector perform” rating and set a $30.00 price objective on shares of First Financial Bancorp. in a report on Monday, January 27th. Finally, Stephens restated an “overweight” rating and issued a $33.00 price target on shares of First Financial Bancorp. in a research report on Friday, January 24th.

About First Financial Bancorp.

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 offers checking, savings, and money-market accounts; and accepts various deposit products, such as interest-bearing and non-interest-bearing accounts, time deposits, and cash management services for commercial customers.