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

First Financial Bancorp. (NASDAQ:FFBC) is scheduled to be announcing its earnings results after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.59 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

First Financial Bancorp. (NASDAQ:FFBC) last announced its earnings results on Thursday, January 25th. The bank reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. First Financial Bancorp. had a net margin of 22.94% and a return on equity of 12.16%. The firm had revenue of $202.43 million for the quarter, compared to analyst estimates of $207.95 million. On average, analysts expect First Financial Bancorp. to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Financial Bancorp. Stock Performance

Shares of NASDAQ:FFBC opened at $22.60 on Wednesday. The company’s 50 day moving average price is $21.74 and its two-hundred day moving average price is $21.61. First Financial Bancorp. has a 12-month low of $17.23 and a 12-month high of $24.99. The firm has a market cap of $2.16 billion, a PE ratio of 8.40 and a beta of 1.05. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.50.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on FFBC shares. Piper Sandler started coverage on shares of First Financial Bancorp. in a research report on Friday, February 23rd. They set an “overweight” rating and a $26.00 target price on the stock. Royal Bank of Canada reiterated a “sector perform” rating and set a $24.00 price target on shares of First Financial Bancorp. in a research report on Tuesday, April 9th.

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.