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

Posted by MarketBeat News on Apr 23rd, 2024

First Financial Bancorp. (NASDAQ:FFBC – Get Free Report) is scheduled to announce 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 that wish to listen to the company’s conference call can do so using this link.

First Financial Bancorp. (NASDAQ:FFBC – Get Free Report) last posted its quarterly earnings results on Thursday, January 25th. The bank reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. The company had revenue of $202.43 million for the quarter, compared to the consensus estimate of $207.95 million. First Financial Bancorp. had a return on equity of 12.16% and a net margin of 22.94%. 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

FFBC stock opened at $21.95 on Tuesday. The business’s fifty day moving average is $21.72 and its 200-day moving average is $21.59. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.50. The company has a market cap of $2.10 billion, a P/E ratio of 8.16 and a beta of 1.05. First Financial Bancorp. has a twelve month low of $17.23 and a twelve month high of $24.99.

Analyst Upgrades and Downgrades

Want More Great Investing Ideas?

A number of research firms recently commented on FFBC. Piper Sandler began coverage on shares of First Financial Bancorp. in a research report on Friday, February 23rd. They issued an “overweight” rating and a $26.00 price objective for the company. Royal Bank of Canada restated a “sector perform” rating and issued a $24.00 price objective on shares of First Financial Bancorp. in a research report on Tuesday, April 9th.

Check Out Our Latest Analysis on First Financial Bancorp.

About First Financial Bancorp.

(Get Free Report)

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.