The First Financial Bancorp (FFBC) share price is expected to decrease by 2.64% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered FFBC. Price targets range from $27.5 at the low end to $31.5 at the high end. The current analyst consensus for FFBC is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
First Financial Bancorp has a total of 5 Wall St Analyst ratings. There are 0 buy ratings, 5 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that First Financial Bancorp will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of FFBC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $27 | Maintains | Jul 29, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $29 | Maintains | Jul 29, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $24 | Reiterates | Apr 9, 2024 |
Alexander Twerdahl Piper Sandler | Overweight | $26 | Assumes | Feb 23, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $24 | Reiterates | Jan 29, 2024 |
Jon Arfstrom RBC Capital | Sector Perform | $21 | Maintains | Oct 26, 2023 |
Jon Arfstrom RBC Capital | Sector Perform | $24 | Reiterates | Jul 24, 2023 |
Terry McEvoy Stephens & Co. | Equal-Weight | $24 | Reiterates | Jul 21, 2023 |
Scott Siefers Piper Sandler | Overweight | $24 | Upgrade | Jul 10, 2023 |
Jon Arfstrom RBC Capital | Sector Perform | $25 | Reiterates | Apr 24, 2023 |
Terry McEvoy Stephens & Co. | Equal-Weight | $24 | Reiterates | Apr 21, 2023 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $23 | Maintains | Apr 6, 2023 |
Jon Arfstrom RBC Capital | Sector Perform | $25 | Maintains | Oct 24, 2022 |
Karl Shepard RBC Capital | Sector Perform | $26 | Maintains | Oct 25, 2021 |
Karl Shepard RBC Capital | Sector Perform | $24 | Maintains | Jul 26, 2021 |
Scott Siefers Piper Sandler | Neutral | $23 | Downgrade | Mar 3, 2021 |
Scott Siefers Piper Sandler | Overweight | $22 | Upgrade | Feb 1, 2021 |
Piper Sandler | Neutral | $15 | Maintains | Oct 26, 2020 |
Piper Sandler | Neutral | $13.5 | Maintains | Sep 29, 2020 |
Piper Sandler | Overweight | $29 | Upgrade | Jun 20, 2019 |
When did it IPO
1990
Staff Count
2,084
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Archie M. Brown Jr.
Market Cap
$2.82B
In 2023, FFBC generated $840.2M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that FFBC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - First Financial Bancorp. (NASDAQ:FFBC) will hold its Q3 2024 earnings conference call on October 25, 2024, at 8:30 AM ET with key executives participating.
Why It Matters - Q3 earnings calls provide insights into company performance, management strategies, and future outlook, influencing stock prices and investor sentiment.
Summary - First Financial Bancorp reported Q3 2024 earnings per share of $0.55 ($0.67 adjusted). Key metrics include a 1.17% return on assets, 4.08% net interest margin, and a quarterly dividend of $0.24.
Why It Matters - Strong earnings and adjusted metrics indicate robust financial health for First Financial Bancorp, while increased tangible book value and a dividend boost signal potential for continued investor returns.
Summary - First Financial Bancorp (FFBC) reported quarterly earnings of $0.67 per share, matching the Zacks Consensus Estimate and unchanged from the same quarter last year.
Why It Matters - FFBC's earnings match expectations, indicating stability and consistency, which can boost investor confidence and influence stock performance.
Summary - First Financial (FFBC) reported its quarterly performance for September 2024, highlighting key metrics compared to Wall Street estimates and year-ago figures.
Why It Matters - FFBC's performance metrics against estimates and prior year figures signal growth potential or weaknesses, influencing investor sentiment and future stock valuation.
Summary - First Financial Bancorp's Q3 revenues fell 5% to $201M, missing estimates. Net income was $52.5M, with modest loan growth and declining return metrics.
Why It Matters - First Financial Bancorp's revenue miss and declining return metrics signal potential challenges in profitability and growth, likely impacting investor sentiment and stock performance.
Summary - First Financial Bancorp (Nasdaq: FFBC) will release its Q3 2024 financial results on October 24, 2024, after market close.
Why It Matters - The upcoming financial results release by First Financial Bancorp can impact stock prices and investor sentiment, as it provides insights into the company's performance and growth prospects.