Latest news with #FirstFinancialBancorp
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
First Financial Bancorp to Announce Second Quarter 2025 Financial Results on Thursday, July 24, 2025
CINCINNATI, July 3, 2025 /PRNewswire/ — First Financial Bancorp. (Nasdaq: FFBC) announced today that it expects to release second quarter 2025 financial results after the market close on Thursday, July 24, 2025. A teleconference and webcast to discuss these results will be held on Friday, July 25, 2025, at 8:30 a.m. Eastern time. Teleconference and Webcast Information Date: Friday, July 25, 2025 Time: 8:30 a.m. Eastern time Teleconference Dial-In: 1-888-550-5723 (Toll Free) (Access Code: 5048068) Please dial in five to ten minutes prior to the start of the call. Teleconference Replay: 1-800-770-2030 (Toll Free) (Access Code: 5048068) The teleconference replay will be available one hour after the live call has ended until August 8th, 2025. Webcast: To access the webcast, please visit Archived Webcast: The webcast will be available one hour after the live call ends and will be archived at the Company's website for 12 months. About First Financial Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of March 31, 2025, the Company had $18.5 billion in assets, $11.7 billion in loans, $14.2 billion in deposits and $2.5 billion in shareholders' equity. The Company's subsidiary, First Financial Bank, founded in 1863, provides banking and financial services products through its six lines of business: Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance and Wealth Management. These business units provide traditional banking services to business and retail clients. Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $3.7 billion in assets under management as of March 31, 2025. The Company operated 127 full service banking centers as of March 31, 2025, located in Ohio, Indiana, Kentucky and Illinois, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis. Additional information about the Company, including its products, services and banking locations, is available at
Business Insider
5 days ago
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on First Financial Bancorp (FFBC)
In a report released yesterday, Jon Arfstrom from RBC Capital maintained a Hold rating on First Financial Bancorp, with a price target of $27.00. The company's shares closed yesterday at $25.62. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Arfstrom is a 5-star analyst with an average return of 12.3% and a 57.06% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Huntington Bancshares, American Express, and Cadence Bank. The word on The Street in general, suggests a Hold analyst consensus rating for First Financial Bancorp with a $28.50 average price target. The company has a one-year high of $31.18 and a one-year low of $21.10. Currently, First Financial Bancorp has an average volume of 420.9K. Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FFBC in relation to earlier this year. Most recently, in May 2025, Dawn Morris, a Director at FFBC sold 787.00 shares for a total of $19,006.05.
Yahoo
14-05-2025
- Business
- Yahoo
First Financial Bancorp (FFBC) Could Be a Great Choice
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. Based in Cincinnati, First Financial Bancorp (FFBC) is in the Finance sector, and so far this year, shares have seen a price change of -6.29%. Currently paying a dividend of $0.24 per share, the company has a dividend yield of 3.81%. In comparison, the Banks - Midwest industry's yield is 3.14%, while the S&P 500's yield is 1.54%. Taking a look at the company's dividend growth, its current annualized dividend of $0.96 is up 2.1% from last year. First Financial Bancorp has increased its dividend 1 times on a year-over-year basis over the last 5 years for an average annual increase of 0.65%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, First Financial's payout ratio is 36%, which means it paid out 36% of its trailing 12-month EPS as dividend. FFBC is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2025 is $2.63 per share, representing a year-over-year earnings growth rate of 0.38%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. Income investors must be conscious of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, FFBC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Financial Bancorp. (FFBC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-02-2025
- Business
- Yahoo
First Financial Bancorp (NASDAQ:FFBC) Has Affirmed Its Dividend Of $0.24
First Financial Bancorp. (NASDAQ:FFBC) will pay a dividend of $0.24 on the 17th of March. Based on this payment, the dividend yield will be 3.5%, which is fairly typical for the industry. See our latest analysis for First Financial Bancorp We aren't too impressed by dividend yields unless they can be sustained over time. First Financial Bancorp has a long history of paying out dividends, with its current track record at a minimum of 10 years. Taking data from its last earnings report, calculating for the company's payout ratio shows 39%, which means that First Financial Bancorp would be able to pay its last dividend without pressure on the balance sheet. Looking forward, EPS is forecast to rise by 19.6% over the next 3 years. Analysts estimate the future payout ratio will be 36% over the same time period, which is in the range that makes us comfortable with the sustainability of the dividend. The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the dividend has gone from $0.72 total annually to $0.96. This means that it has been growing its distributions at 2.9% per annum over that time. The dividend has seen some fluctuations in the past, so even though the dividend was raised this year, we should remember that it has been cut in the past. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Earnings have grown at around 3.5% a year for the past five years, which isn't massive but still better than seeing them shrink. While growth may be thin on the ground, First Financial Bancorp could always pay out a higher proportion of earnings to increase shareholder returns. In summary, we are pleased with the dividend remaining consistent, and we think there is a good chance of this continuing in the future. While the payout ratios are a good sign, we are less enthusiastic about the company's dividend record. Taking all of this into consideration, the dividend looks viable moving forward, but investors should be mindful that the company has pushed the boundaries of sustainability in the past and may do so again. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Taking the debate a bit further, we've identified 2 warning signs for First Financial Bancorp that investors need to be conscious of moving forward. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
