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

First Financial Bancorp. (NASDAQ:FFBC) will release its earnings data after the market closes on Thursday, April 25th. Analysts expect First Financial Bancorp. to post earnings of $0.59 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

First Financial Bancorp. (NASDAQ:FFBC) last issued its quarterly earnings results on Thursday, January 25th. The bank reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.01. The company had revenue of $202.43 million during the quarter, compared to analyst estimates of $207.95 million. First Financial Bancorp. had a net margin of 22.94% and a return on equity of 12.16%. 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 Up 3.0 %

Shares of First Financial Bancorp. stock opened at $22.60 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.91 and a quick ratio of 0.91. The company has a 50-day moving average of $21.74 and a 200 day moving average of $21.61. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 8.40 and a beta of 1.05. First Financial Bancorp. has a 1 year low of $17.23 and a 1 year high of $24.99.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Piper Sandler assumed coverage on shares of First Financial Bancorp. in a research report on Friday, February 23rd. They set an “overweight” rating and a $26.00 price objective on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $24.00 price objective 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.