Financials First Financial Bancorp.

Equities

FFBC

US3202091092

Banks

Market Closed - Nasdaq 21:00:00 26/04/2024 BST 5-day change 1st Jan Change
22.57 USD +0.94% Intraday chart for First Financial Bancorp. +3.11% -4.97%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,528 1,718 2,295 2,298 2,259 2,155 -
Enterprise Value (EV) 1 2,528 1,718 2,295 2,298 2,259 2,155 2,155
P/E ratio 12.7 x 11 x 11.4 x 10.5 x 8.83 x 9.64 x 9.58 x
Yield 3.54% 5.25% 3.77% 3.8% 3.87% 4.08% 4.08%
Capitalization / Revenue 4.07 x 2.63 x 3.68 x 3.24 x 2.69 x 2.67 x 2.62 x
EV / Revenue 4.07 x 2.63 x 3.68 x 3.24 x 2.69 x 2.67 x 2.62 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.11 x 0.75 x 1.02 x 1.13 x 1 x 0.89 x 0.84 x
Nbr of stocks (in thousands) 99,382 98,018 94,155 94,840 95,122 95,474 -
Reference price 2 25.44 17.53 24.38 24.23 23.75 22.57 22.57
Announcement Date 23/01/20 28/01/21 27/01/22 26/01/23 25/01/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 622 652.2 623.6 708.8 840.2 807.7 824
EBITDA - - - - - - -
EBIT 1 298.3 255 222.8 253.4 361.7 316.3 314.4
Operating Margin 47.95% 39.1% 35.73% 35.76% 43.05% 39.16% 38.16%
Earnings before Tax (EBT) 1 242.9 184.4 240.9 241.7 318.6 278.6 280
Net income 1 198.1 155.8 205.2 217.6 255.9 221.9 223.4
Net margin 31.85% 23.89% 32.9% 30.7% 30.45% 27.48% 27.11%
EPS 2 2.000 1.590 2.140 2.300 2.690 2.342 2.355
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.9000 0.9200 0.9200 0.9200 0.9200 0.9200 0.9200
Announcement Date 23/01/20 28/01/21 27/01/22 26/01/23 25/01/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 157.4 156.5 149.1 168.6 182.1 213.9 214.9 212.5 212.1 200.8 195.3 203.4 203.8 203 199.8
EBITDA - - - - - - - - - - - - - - -
EBIT 1 58.32 46.86 49.3 67.23 59.19 89.49 98.17 91.88 90.04 81.62 72.9 80.93 79.63 80.1 73.77
Operating Margin 37.06% 29.95% 33.06% 39.88% 32.5% 41.83% 45.69% 43.24% 42.45% 40.66% 37.33% 39.8% 39.07% 39.45% 36.92%
Earnings before Tax (EBT) 1 67.03 54.59 50.65 64.54 47.07 79.46 87.69 81.15 78.37 71.39 61.74 71.72 70.97 71.15 66.64
Net income 1 60.01 46.94 41.3 51.52 55.7 69.09 70.4 65.67 63.06 56.73 50.69 57.18 56.66 56.64 52.68
Net margin 38.13% 30% 27.7% 30.56% 30.58% 32.29% 32.77% 30.9% 29.73% 28.26% 25.96% 28.12% 27.8% 27.9% 26.36%
EPS 2 0.6300 0.5000 0.4400 0.5500 0.5900 0.7300 0.7400 0.6900 0.6600 0.6000 0.5300 0.6000 0.5940 0.5980 0.5550
Dividend per Share 2 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300 0.2300
Announcement Date 21/10/21 27/01/22 21/04/22 21/07/22 20/10/22 26/01/23 20/04/23 20/07/23 24/10/23 25/01/24 25/04/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 9.11% 7.02% 9.08% 10.3% 12% 9.6% 9.03%
ROA (Net income/ Total Assets) 1.39% 1% 1.28% 1.33% 1.51% 1.26% 1.23%
Assets 1 14,250 15,581 16,028 16,362 16,945 17,614 18,237
Book Value Per Share 2 22.80 23.30 24.00 21.50 23.80 25.30 26.90
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 23/01/20 28/01/21 27/01/22 26/01/23 25/01/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
22.57 USD
Average target price
25.12 USD
Spread / Average Target
+11.32%
Consensus
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