First Financial Financials

FFBC Stock  USD 29.71  0.11  0.37%   
Based on the analysis of First Financial's profitability, liquidity, and operating efficiency, First Financial Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, First Financial's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 9.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 56.2 M. Key indicators impacting First Financial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.210.3212
Way Down
Slightly volatile
Return On Assets0.01360.0146
Significantly Down
Slightly volatile
Return On Equity0.130.1128
Fairly Up
Pretty Stable
Debt Equity Ratio0.460.5645
Significantly Down
Very volatile
Operating Income429.7 M409.3 M
Sufficiently Up
Slightly volatile
Current Ratio0.01870.0197
Notably Down
Slightly volatile
The financial analysis of First Financial is a critical element in measuring its lifeblood. Investors should not minimize First Financial's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

268.66 Million

  
Understanding current and past First Financial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Financial's financial statements are interrelated, with each one affecting the others. For example, an increase in First Financial's assets may result in an increase in income on the income statement.
Please note, the presentation of First Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Financial's management manipulating its earnings.

First Financial Stock Summary

First Financial competes with Home Bancorp, Heritage Financial, First Northwest, HomeTrust Bancshares, and Lake Shore. 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. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio. First Finl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2072 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3202091092
CUSIP320209109
LocationOhio; U.S.A
Business Address255 East Fifth
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.bankatfirst.com
Phone877 322 9530
CurrencyUSD - US Dollar

First Financial Key Financial Ratios

First Financial Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets14.5B16.0B16.3B17.0B17.5B18.4B
Other Current Liab(1.5B)(516.3M)(737.2M)(1.9B)8.8B9.2B
Net Debt1.3B524.8M220.0M1.0B275.9M284.0M
Retained Earnings711.2M720.4M837.5M968.2M1.1B1.2B
Cash257.6M251.4M434.8M595.7M1.0B1.1B
Other Assets6.2B6.3B4.9B6.5B(3.2B)(3.0B)
Total Liab12.3B13.7B14.1B15.0B15.3B16.0B
Total Current Assets3.9B4.8B5.7B5.5B191.5M181.9M
Short Term Debt1.2B193.5M245M1.3B937.8M984.7M
Accounts Payable323.1M516.3M492.2M626.9M721.0M710.2M
Net Receivables836.2M1.1B1.1B1.5B462.5M341.3M
Other Current Assets299.3M303.5M479.6M659.6M1.1B1.0B
Common Stock1.6B1.6B1.6B1.6B1.6B828.5M
Other Liab245.0M438.0M398.0M448.4M515.6M541.4M
Long Term Debt413.2M776.2M409.8M346.7M342.5M275.5M
Inventory(299.3M)(303.5M)(479.6M)(659.6M)(249.4M)(236.9M)
Treasury Stock(117.6M)(126.0M)(218.5M)(202.8M)(182.5M)(191.7M)
Intangible Assets76.2M64.6M88.9M93.9M83.9M88.1M
Net Tangible Assets1.2B1.3B1.2B945.9M1.1B1.0B
Short Long Term Debt1.2B0.0245M1.3B937.8M769.0M

First Financial Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense123.3M68.5M31.1M65.9M275.2M289.0M
Operating Income242.9M184.4M240.9M335.2M409.3M429.7M
Ebit242.9M192.3M243.4M241.7M318.6M334.5M
Ebitda252.5M233.5M283.0M280.5M356.4M374.2M
Net Income198.1M155.8M205.2M217.6M255.9M268.7M
Income Tax Expense44.8M28.6M35.8M24.1M62.7M65.9M
Total Revenue615.6M645.6M623.6M708.8M796.7M836.5M
Gross Profit615.6M645.6M623.6M708.8M1.1B1.2B
Income Before Tax242.9M184.4M240.9M241.7M318.6M334.5M
Tax Provision44.8M28.6M35.8M24.1M58.4M40.4M
Net Interest Income484.3M456.5M452.1M519.1M631.9M463.9M
Interest Income607.6M525.0M483.2M585.0M854.5M550.5M

First Financial Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(35.5M)30.4M(11.0M)(12.5M)5.6M4.3M
Free Cash Flow165.4M93.4M375.1M157.6M454.3M477.0M
Depreciation28.1M33.3M32.1M38.8M37.8M39.7M
Other Non Cash Items34.2M52.8M12.4M9.1M37.4M39.2M
Dividends Paid89.1M89.7M87.3M86.6M87.2M91.5M
Capital Expenditures20.9M16.5M15.3M43.3M24.1M13.3M
Net Income198.1M155.8M205.2M217.6M255.9M268.7M
End Period Cash Flow200.7M231.1M220.0M207.5M213.1M172.2M
Change To Inventory26.2M(94.5M)(112.7M)114.0M102.6M107.7M
Investments(181.4M)(1.2B)(389.3M)(846.9M)(659.4M)(692.4M)
Change Receivables2.1M(9.7M)6.5M(19.1M)(17.2M)(16.4M)
Net Borrowings115.8M(790.1M)(333.8M)926.9M834.2M876.0M
Change To Netincome39.5M38.8M5.8M13.4M15.4M14.8M

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Financial's current stock value. Our valuation model uses many indicators to compare First Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Financial competition to find correlations between indicators driving First Financial's intrinsic value. More Info.
First Financial Bancorp is rated below average in return on equity category among its peers. It is rated # 3 in return on asset category among its peers reporting about  0.13  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Financial Bancorp is roughly  7.71 . At present, First Financial's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Financial's earnings, one of the primary drivers of an investment's value.

First Financial Bancorp Systematic Risk

First Financial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Financial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on First Financial Bancorp correlated with the market. If Beta is less than 0 First Financial generally moves in the opposite direction as compared to the market. If First Financial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Financial Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Financial is generally in the same direction as the market. If Beta > 1 First Financial moves generally in the same direction as, but more than the movement of the benchmark.

First Financial Thematic Clasifications

First Financial Bancorp is part of Macroaxis Picks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis daily picks. Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential
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Today, most investors in First Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various First Financial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of First Financial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.55

At present, First Financial's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

First Financial November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Financial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Financial Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Financial Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Financial's daily price indicators and compare them against related drivers.

Complementary Tools for First Stock analysis

When running First Financial's price analysis, check to measure First Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Financial is operating at the current time. Most of First Financial's value examination focuses on studying past and present price action to predict the probability of First Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Financial's price. Additionally, you may evaluate how the addition of First Financial to your portfolios can decrease your overall portfolio volatility.
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