FFBC RSI Chart
Last 7 days
1.2%
Last 30 days
11.7%
Last 90 days
9.8%
Trailing 12 Months
29.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 740.9M | 0 | 0 | 0 |
2023 | 679.8M | 777.5M | 854.5M | 903.0M |
2022 | 474.4M | 478.7M | 513.0M | 585.0M |
2021 | 508.1M | 500.6M | 495.4M | 483.2M |
2020 | 595.3M | 570.2M | 542.6M | 525.0M |
2019 | 601.8M | 608.9M | 613.4M | 607.6M |
2018 | 344.6M | 411.2M | 475.5M | 540.4M |
2017 | 310.0M | 315.6M | 323.2M | 333.1M |
2016 | 280.5M | 291.9M | 300.5M | 305.9M |
2015 | 252.9M | 258.0M | 263.3M | 269.8M |
2014 | 240.7M | 237.1M | 241.0M | 247.9M |
2013 | 269.3M | 259.7M | 253.0M | 245.2M |
2012 | 303.9M | 298.0M | 288.3M | 280.9M |
2011 | 333.0M | 324.9M | 316.2M | 308.8M |
2010 | 389.4M | 374.1M | 358.8M | 343.5M |
2009 | 0 | 0 | 0 | 404.7M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 03, 2024 | brown archie m | gifted | - | - | -15,000 | president & ceo |
Mar 31, 2024 | purkrabek knust susan l | acquired | 7,488 | 22.42 | 334 | - |
Mar 31, 2024 | booth cynthia o | acquired | 7,488 | 22.42 | 334 | - |
Mar 31, 2024 | porter andre t | acquired | 14,999 | 22.42 | 669 | - |
Mar 31, 2024 | rahe maribeth s | acquired | 14,999 | 22.42 | 669 | - |
Mar 31, 2024 | barron william g | acquired | 14,999 | 22.42 | 669 | - |
Mar 07, 2024 | brown archie m | acquired | - | - | 50,862 | president & ceo |
Mar 07, 2024 | anderson james m | acquired | - | - | 18,964 | chief financial officer |
Mar 07, 2024 | crawley scott t | sold (taxes) | -16,088 | 22.16 | -726 | controller & prin actg officer |
Mar 07, 2024 | harris gregory a | acquired | - | - | 10,982 | president, wealth management |
Which funds bought or sold FFBC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | BAHL & GAYNOR INC | added | 6.8 | 114,570 | 14,030,900 | 0.08% |
May 10, 2024 | Y-Intercept (Hong Kong) Ltd | new | - | 213,012 | 213,012 | 0.02% |
May 10, 2024 | WELLS FARGO & COMPANY/MN | added | 3.43 | -75,796 | 3,129,690 | -% |
May 10, 2024 | DIMENSIONAL FUND ADVISORS LP | added | 0.7 | -7,770,460 | 149,576,000 | 0.04% |
May 10, 2024 | CORNERCAP INVESTMENT COUNSEL INC | sold off | -100 | -582,493 | - | -% |
May 10, 2024 | McIlrath & Eck, LLC | unchanged | - | -325 | 5,470 | -% |
May 10, 2024 | Covestor Ltd | reduced | -0.32 | -4,000 | 76,000 | 0.05% |
May 10, 2024 | OSAIC HOLDINGS, INC. | reduced | -51.18 | -68,656 | 58,679 | -% |
May 10, 2024 | LCNB CORP | unchanged | - | -23,403 | 394,502 | 0.14% |
May 10, 2024 | BlackRock Inc. | added | 1.97 | -12,162,400 | 312,933,000 | 0.01% |
Unveiling First Financial Bancorp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to First Financial Bancorp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 570.5B | 174.7B | 11.33 | 3.27 | ||||
BAC | 299.1B | 137.9B | 11.95 | 2.17 | ||||
WFC | 213.6B | 85.8B | 11.38 | 2.49 | ||||
C | 120.9B | 125.0B | 15.13 | 0.97 | ||||
CFG | 16.4B | 10.4B | 11.43 | 1.57 | ||||
KEY | 14.0B | 8.1B | 16.04 | 1.72 | ||||
MID-CAP | ||||||||
CMA | 7.1B | 4.2B | 10.15 | 1.66 | ||||
ZION | 6.5B | 4.1B | 10.32 | 1.59 | ||||
ABCB | 3.4B | 1.3B | 12.1 | 2.6 | ||||
ASB | 3.3B | 2.0B | 20.76 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 406.0M | 152.4M | 40.84 | 2.66 | ||||
AROW | 395.4M | 173.1M | 13.55 | 2.28 | ||||
ACNB | 294.5M | 98.7M | 10.01 | 2.98 | ||||
ASRV | 46.0M | 62.5M | -15.54 | 0.74 |
First Financial Bancorp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -80.5% | 47.00 | 238 | 232 | 224 | 209 | 190 | 155 | 126 | 114 | 118 | 121 | 122 | 123 | 130 | 126 | 129 | 140 | 148 | 154 | 155 | 152 |
EBITDA Margin | 17.3% | 1.27* | 1.08* | 1.16* | 1.21* | 1.30* | 1.35* | 1.40* | 1.50* | 1.50* | 1.50* | 1.48* | 1.43* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -3.3% | 149 | 154 | 155 | 159 | 159 | 158 | 138 | 117 | 106 | 111 | 113 | 114 | 114 | 118 | 112 | 112 | 114 | 119 | 122 | 122 | 122 |
Income Taxes | -24.6% | 11.00 | 15.00 | 15.00 | 15.00 | 17.00 | 10.00 | -8.60 | 13.00 | 9.00 | 8.00 | 7.00 | 11.00 | 10.00 | 5.00 | 9.00 | 8.00 | 6.00 | 9.00 | 12.00 | 13.00 | 10.00 |
Earnings Before Taxes | -13.5% | 62.00 | 71.00 | 78.00 | 81.00 | 88.00 | 79.00 | 47.00 | 65.00 | 51.00 | 55.00 | 67.00 | 62.00 | 58.00 | 54.00 | 51.00 | 45.00 | 35.00 | 58.00 | 63.00 | 66.00 | 56.00 |
EBT Margin | 11.9% | 0.39* | 0.35* | 0.38* | 0.38* | 0.41* | 0.41* | 0.42* | 0.49* | 0.49* | 0.50* | 0.48* | 0.45* | - | - | - | - | - | - | - | - | - |
Net Income | -10.7% | 51.00 | 57.00 | 63.00 | 66.00 | 70.00 | 69.00 | 56.00 | 52.00 | 41.00 | 47.00 | 60.00 | 51.00 | 47.00 | 48.00 | 41.00 | 37.00 | 29.00 | 49.00 | 51.00 | 53.00 | 46.00 |
Net Income Margin | 12.5% | 0.32* | 0.28* | 0.31* | 0.34* | 0.36* | 0.37* | 0.38* | 0.42* | 0.42* | 0.42* | 0.42* | 0.38* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -77.5% | 25.00 | 110 | 86.00 | 99.00 | 168 | 23.00 | -94.07 | 118 | 141 | 100 | 72.00 | 56.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.4% | 17,599 | 17,533 | 17,055 | 17,090 | 16,934 | 17,003 | 16,624 | 16,244 | 16,009 | 16,329 | 15,957 | 16,038 | 16,175 | 15,973 | 15,926 | 15,871 | 15,058 | 14,512 | 14,480 | 14,438 | 14,074 |
Cash Equivalents | -6.4% | 199 | 213 | 220 | 217 | 200 | 208 | 196 | 303 | 230 | 220 | 210 | 207 | 210 | 231 | - | - | - | 201 | - | - | - |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | 193 | 192 | 205 | 207 | 209 | 211 | 213 | 215 | 214 | 211 | 211 |
Goodwill | 0.2% | 1,008 | 1,006 | 1,006 | 1,006 | 1,006 | 1,002 | 998 | 1,000 | 1,000 | 1,001 | 938 | 938 | 938 | 938 | 938 | 938 | 938 | 938 | 938 | 880 | 880 |
Liabilities | 0.3% | 15,312 | 15,265 | 14,925 | 14,947 | 14,812 | 14,962 | 14,630 | 14,175 | 13,872 | 14,070 | 13,720 | 13,768 | 13,916 | 13,691 | 13,678 | 13,650 | 12,878 | 12,264 | 12,219 | 12,249 | 11,944 |
Short Term Borrowings | -8.1% | 862 | 938 | 974 | 1,216 | 1,218 | 1,287 | 1,161 | 896 | 185 | 296 | 189 | 473 | - | 167 | 248 | 154 | 1,398 | 1,316 | 1,214 | 1,313 | 1,047 |
Long Term Debt | -0.3% | 343 | 344 | 341 | 340 | 343 | 347 | 355 | 359 | 380 | 410 | 313 | 313 | 584 | 776 | 1,341 | 1,286 | 326 | 414 | 499 | 547 | 546 |
Shareholder's Equity | 0.8% | 2,287 | 2,268 | 2,130 | 2,143 | 2,121 | 2,041 | 1,994 | 2,069 | 2,137 | 2,259 | 2,236 | 2,270 | 2,259 | 2,282 | 2,248 | 2,221 | 2,179 | 2,248 | 2,261 | 2,188 | 2,130 |
Retained Earnings | 2.6% | 1,166 | 1,137 | 1,102 | 1,061 | 1,017 | 968 | 921 | 887 | 857 | 837 | 812 | 774 | 745 | 720 | 694 | 676 | 661 | 711 | 685 | 658 | 626 |
Shares Outstanding | 0.3% | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 93.00 | 95.00 | 94.00 | 96.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,906 | - | - | - | 1,794 | - | - | - | 2,227 | - | - | - | 1,334 | - | - | - | 2,341 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -72.5% | 32.00 | 116 | 92.00 | 107 | 172 | 27.00 | -91.54 | 122 | 144 | 105 | 77.00 | 59.00 | 147 | 152 | 22.00 | 60.00 | -126 | 78.00 | 48.00 | 22.00 | 38.00 |
Share Based Compensation | 279.2% | 6.00 | 2.00 | 5.00 | 4.00 | 5.00 | 5.00 | 3.00 | 2.00 | 4.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 3.00 |
Cashflow From Investing | 91.6% | -43.33 | -513 | 54.00 | -183 | -57.49 | -471 | -318 | -176 | 83.00 | -375 | 117 | 114 | -366 | -122 | -90.65 | -800 | -190 | -201 | 248 | -239 | -58.91 |
Cashflow From Financing | -100.6% | -2.25 | 390 | -142 | 94.00 | -122 | 457 | 303 | 126 | -216 | 281 | -191 | -176 | 198 | -5.87 | -8.21 | 762 | 378 | 82.00 | -223 | 219 | -46.30 |
Dividend Payments | 1.0% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 21.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 23.00 | 23.00 | 23.00 | 22.00 | 22.00 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | 57.00 | 33.00 | 18.00 | - | - | - | 17.00 | 39.00 | 27.00 | - | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest income | ||
Loans, including fees | $ 201,840 | $ 169,706 |
Investment securities | ||
Taxable | 28,296 | 31,867 |
Tax-exempt | 3,092 | 3,464 |
Total interest on investment securities | 31,388 | 35,331 |
Other earning assets | 7,458 | 3,544 |
Total interest income | 240,686 | 208,581 |
Interest expense | ||
Deposits | 76,075 | 31,456 |
Short-term borrowings | 10,943 | 12,950 |
Long-term borrowings | 4,928 | 4,857 |
Total interest expense | 91,946 | 49,263 |
Net interest income | 148,740 | 159,318 |
Provision for Credit Losses-loans and leases | 13,419 | 8,644 |
Provision for credit losses-unfunded commitments | (2,259) | 1,835 |
Net interest income after provision for credit losses | 137,580 | 148,839 |
Noninterest income | ||
Service Charges on Deposit Accounts | 6,912 | 6,514 |
Wealth management fees | 6,676 | 6,334 |
Bankcard income | 3,142 | 3,592 |
Client derivative fees | 1,250 | 1,005 |
Foreign exchange income | 10,435 | 16,898 |
Operating Lease, Lease Income | 14,589 | 13,664 |
Net gain from sales of loans | 3,784 | 2,335 |
Net gain (loss) on sales of investment securities | (5,277) | (19) |
Net gain (loss) on equity securities | 90 | 140 |
Other | 4,911 | 5,080 |
Total noninterest income | 46,512 | 55,543 |
Noninterest expenses | ||
Salaries and employee benefits | 74,037 | 72,254 |
Net occupancy | 5,923 | 5,685 |
Furniture and equipment | 3,688 | 3,317 |
Data processing | 8,305 | 9,020 |
Marketing | 1,962 | 2,160 |
Communication | 795 | 634 |
Professional services | 2,268 | 1,946 |
State intangible tax | 877 | 985 |
FDIC assessments | 2,780 | 2,826 |
Intangible assets amortization | 2,301 | 2,600 |
Amortization of operating leases | 9,754 | 7,938 |
Other | 9,665 | 7,328 |
Total noninterest expenses | 122,355 | 116,693 |
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total | 61,737 | 87,689 |
Income tax expense (benefit) | 11,048 | 17,286 |
Net income | $ 50,689 | $ 70,403 |
Earnings per common share | ||
Basic | $ 0.54 | $ 0.75 |
Diluted | $ 0.53 | $ 0.74 |
Average common shares outstanding - basic | 94,218,067 | 93,732,532 |
Average common shares outstanding - diluted | 95,183,998 | 94,960,158 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Gross loans and leases, excluding accrued interest | $ 11,205,120 | $ 10,933,176 |
Less: Allowance for credit losses | (144,274) | (141,433) |
Net loans and leases | 11,060,846 | 10,791,743 |
ASSETS | ||
Cash and due from banks | 199,407 | 213,059 |
Interest-bearing deposits with other banks | 751,290 | 792,960 |
Investment securities available-for-sale, at fair value (amortized cost $3,221,380 at March 31, 2024 and $3,382,604 at December 31, 2023) | 2,850,667 | 3,021,126 |
Investment securities held-to-maturity (fair value $70,850 at March 31, 2024 and $71,688 at December 31, 2023) | 79,542 | 80,321 |
Other investments | 125,548 | 129,945 |
Loans held for sale | 11,534 | 9,213 |
Premises and equipment | 198,428 | 194,740 |
Operating leases | 161,473 | 153,214 |
Goodwill | 1,007,656 | 1,005,868 |
Other Finite-Lived Intangible Assets, Gross | 85,603 | 83,949 |
Other Assets | 1,067,244 | 1,056,762 |
Total assets | 17,599,238 | 17,532,900 |
Deposits | ||
Interest-bearing | 2,916,518 | 2,993,219 |
Savings | 4,467,894 | 4,331,228 |
Time | 2,896,860 | 2,718,390 |
Total interest-bearing deposits | 10,281,272 | 10,042,837 |
Noninterest-bearing | 3,175,876 | 3,317,960 |
Total deposits | 13,457,148 | 13,360,797 |
FHLB short-term borrowings | 700,000 | 800,000 |
Other Short-term Borrowings | 162,145 | 137,814 |
Total short-term borrowings | 862,145 | 937,814 |
Long-term debt | 343,236 | 344,115 |
Total borrowed funds | 1,205,381 | 1,281,929 |
Accrued interest and other liabilities | 649,706 | 622,200 |
Total liabilities | 15,312,235 | 15,264,926 |
SHAREHOLDERS' EQUITY | ||
Authorized - 160,000,000 shares; Issued - 104,281,794 shares at both March 31, 2024 and December 31, 2023 | 1,632,971 | 1,638,972 |
Retained earnings | 1,166,065 | 1,136,718 |
Accumulated other comprehensive loss | (321,109) | (309,819) |
Treasury stock, at cost, 8,808,199 shares at March 31, 2024 and 9,140,550 shares at December 31, 2023 | (190,924) | (197,897) |
Total shareholders' equity | 2,287,003 | 2,267,974 |
Total liabilities and shareholders' equity | 17,599,238 | 17,532,900 |
Commercial | ||
Gross loans and leases, excluding accrued interest | 3,591,428 | 3,501,221 |
Lease financing | ||
Gross loans and leases, excluding accrued interest | 492,862 | 474,817 |
Construction real estate | ||
Gross loans and leases, excluding accrued interest | 641,596 | 564,832 |
Commercial real estate | ||
Gross loans and leases, excluding accrued interest | 4,145,969 | 4,080,939 |
Residential real estate | ||
Gross loans and leases, excluding accrued interest | 1,344,677 | 1,333,674 |
Home equity | ||
Gross loans and leases, excluding accrued interest | 773,811 | 758,676 |
Installment | ||
Gross loans and leases, excluding accrued interest | 153,838 | 159,078 |
Credit card | ||
Gross loans and leases, excluding accrued interest | $ 60,939 | $ 59,939 |