FFBC Stock Analysis: First Financial Bancorp | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.609m USD | 12M Return: 39.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 31.6M
EPS Trend: 23.1%
Qual. Beats: 1
Rev. Trend: 94.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
First Financial Bancorp (FFBC) is a Cincinnati-based bank holding company operating First Financial Bank, providing commercial and consumer banking services across Ohio, Indiana, Kentucky, and Illinois. Its deposit offerings include checking, savings, interest-bearing and non-interest-bearing accounts, time deposits, and cash management services. The companys loan portfolio covers residential and commercial real estate, commercial and industrial lending, consumer loans (including auto, second mortgages, and unsecured loans), and home equity lines of credit.
A distinctive element of FFBCs business model is its specialty secured commercial financing vertical, which serves niche segments such as insurance companies, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. The company also generates fee income from trust and wealth management, lease and equipment financing, foreign exchange and commodities hedging, and other advisory products. As a Mid Cap regional bank in the GICS Financials sector, FFBC follows the typical community/commercial banking model, where profitability is driven primarily by net interest income on loans and deposits, supplemented by fee-based services like wealth management and treasury solutions.
- Net interest margin expansion lifts regional bank profitability
- Commercial real estate loan portfolio faces credit headwinds
- Midwest deposit competition pressures funding costs
| Net Income: 278.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 2.12 > 1.0 |
| NWC/Revenue: -1.27k% < 20% (prev -898.2%; Δ -372.4% < -1%) |
| CFO/TA 0.04 > 3% & CFO 830.7m > Net Income 278.8m |
| Net Debt (760.7m) to EBITDA (397.1m): 1.92 < 3 |
| Current Ratio: 0.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (104.6m) vs 12m ago 9.52% < -2% |
| Gross Margin: 70.04% > 18% (prev 64.68%; Δ 5.37% > 0.5%) |
| Asset Turnover: 6.46% > 50% (prev 6.66%; Δ -0.20% > 0%) |
| Interest Coverage Ratio: 0.97 > 6 (EBIT TTM 351.2m / Interest Expense TTM 361.5m) |
| A: -0.74 (Total Current Assets 170.6m - Total Current Liabilities 17.1b) / Total Assets 22.8b |
| B: 0.07 (Retained Earnings 1.49b / Total Assets 22.8b) |
| C: 0.02 (EBIT TTM 351.2m / Avg Total Assets 20.6b) |
| D: 0.15 (Book Value of Equity 2.94b / Total Liabilities 19.8b) |
| Altman-Z'' = -4.40 = D |
| DSRI: 0.13 (Receivables 79.7m/560.8m, Revenue 1.33b/1.23b) |
| GMI: 0.92 (GM 64.68% / 70.04%) |
| AQI: 1.27 (AQ_t 0.97 / AQ_t-1 0.76) |
| SGI: 1.08 (Revenue 1.33b / 1.23b) |
| TATA: -0.02 (NI 278.8m - CFO 830.7m) / TA 22.8b) |
| Beneish M = -3.59 (Cap -4..+1) = AAA |
As of July 08, 2026, the stock is trading at USD 34.31 with a total of 884,146 shares traded. Over the past week, the price has changed by +1.21%, over one month by +11.32%, over three months by +21.63% and over the past year by +39.64%.
Current recommended Stop Loss: 33.50 (which is 2.4% or 1.2 ATR below the current price).
First Financial Bancorp has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold FFBC.
- StrongBuy: 1
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 34.3 | -0.1% |
P/E Trailing = 12.1519
P/E Forward = 10.4932
P/S = 3.9343
P/B = 1.2277
P/EG = 1.1156
Revenue TTM = 1.33b USD
EBIT TTM = 351.2m USD
EBITDA TTM = 397.1m USD
Long Term Debt = 379.1m USD (from longTermDebt, last quarter)
Short Term Debt = 550.0m USD (from shortTermDebt, last quarter)
Debt = 931.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.12m
Net Debt = 760.7m USD (calculated: Debt 931.3m - CCE 170.6m)
Enterprise Value = 4.37b USD (3.61b + Debt 931.3m - CCE 170.6m)
Interest Coverage Ratio = 0.97 (Ebit TTM 351.2m / Interest Expense TTM 361.5m)
EV/FCF = 5.37x (Enterprise Value 4.37b / FCF TTM 812.9m)
FCF Yield = 18.61% (FCF TTM 812.9m / Enterprise Value 4.37b)
FCF Margin = 61.02% (FCF TTM 812.9m / Revenue TTM 1.33b)
Net Margin = 20.93% (Net Income TTM 278.8m / Revenue TTM 1.33b)
Gross Margin = 70.04% ((Revenue TTM 1.33b - Cost of Revenue TTM 399.1m) / Revenue TTM)
Gross Margin QoQ = 72.18% (prev 69.27%)
Tobins Q-Ratio = 0.19 (Enterprise Value 4.37b / Total Assets 22.8b)
Interest Expense / Debt = 38.82% (Interest Expense 361.5m / Debt 931.3m)
Taxrate = 20.64% (72.5m / 351.2m)
NOPAT = 278.8m (EBIT 351.2m * (1 - 20.64%))
Current Ratio = 0.01 (Total Current Assets 170.6m / Total Current Liabilities 17.1b)
Debt / Equity = 0.32 (Debt 931.3m / totalStockholderEquity, last quarter 2.94b)
Debt / EBITDA = 1.92 (Net Debt 760.7m / EBITDA 397.1m)
Debt / FCF = 0.94 (Net Debt 760.7m / FCF TTM 812.9m)
Total Stockholder Equity = 2.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.35% (Net Income 278.8m / Total Assets 22.8b)
RoE = 10.23% (Net Income TTM 278.8m / Total Stockholder Equity 2.72b)
RoCE = 11.32% (EBIT 351.2m / Capital Employed (Equity 2.72b + L.T.Debt 379.1m))
RoIC = 1.23% (NOPAT 278.8m / Invested Capital 22.7b)
WACC = 13.27% (E(3.61b)/V(4.54b) * Re(8.74%) + D(931.3m)/V(4.54b) * Rd(38.82%) * (1-Tc(0.21)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.88 | Cagr: 4.32%
[DCF] Terminal Value 63.75% ; FCFF base≈595.2m ; Y1≈682.3m ; Y5≈1.00b
[DCF] Fair Price = 69.40 (EV 8.04b - Net Debt 760.7m = Equity 7.28b / Shares 104.9m; r=13.27% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 23.13 | EPS CAGR: 1.93% | SUE: 1.42 | # QB: 1
Revenue Correlation: 94.31 | Revenue CAGR: 8.89% | SUE: 0.83 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.80 | Chg30d=-0.19% | Revisions=+44% | Analysts=7
EPS next Quarter (2026-09-30): EPS=0.84 | Chg30d=+0.51% | Revisions=+44% | Analysts=7
EPS current Year (2026-12-31): EPS=3.27 | Chg30d=-0.13% | Revisions=+62% | GrowthEPS=+11.7% | GrowthRev=+21.6%
EPS next Year (2027-12-31): EPS=3.44 | Chg30d=+0.34% | Revisions=+38% | GrowthEPS=+5.1% | GrowthRev=+2.9%
[Analyst] Revisions Ratio: +64% (up=19, down=3)