First Financial Bancorp. (FFBC) Scheduled to Post Earnings on Thursday

First Financial Bancorp. (NASDAQ:FFBC) is scheduled to be announcing its earnings results after the market closes on Thursday, July 25th. Analysts expect the company to announce earnings of $0.59 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

First Financial Bancorp. (NASDAQ:FFBC) last released its quarterly earnings data on Friday, April 26th. The bank reported $0.59 earnings per share for the quarter, meeting the consensus estimate of $0.59. The firm had revenue of $287.20 million for the quarter, compared to analyst estimates of $201.79 million. First Financial Bancorp. had a net margin of 20.74% and a return on equity of 11.22%. During the same quarter in the prior year, the business earned $0.76 EPS. 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. Trading Up 1.6 %

Shares of NASDAQ:FFBC opened at $26.68 on Wednesday. The firm has a fifty day moving average of $22.56 and a two-hundred day moving average of $22.35. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.46. First Financial Bancorp. has a 12-month low of $17.23 and a 12-month high of $26.95. The firm has a market capitalization of $2.55 billion, a P/E ratio of 10.76 and a beta of 1.01.

Analyst Ratings Changes

Separately, Royal Bank of Canada restated a “sector perform” rating and issued a $24.00 target price on shares of First Financial Bancorp. in a research note on Tuesday, April 9th.

Insider Buying and Selling at First Financial Bancorp.

In other First Financial Bancorp. news, insider Richard S. Dennen sold 10,500 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $23.64, for a total transaction of $248,220.00. Following the completion of the sale, the insider now owns 93,152 shares of the company’s stock, valued at $2,202,113.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.04% of the company’s stock.

First Financial Bancorp. Company Profile

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.