(THFF) First Financial Indiana - Overview
Stock: Deposits, Loans, Leasing, Trust, Insurance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.84% |
| Yield on Cost 5y | 5.73% |
| Yield CAGR 5y | 17.78% |
| Payout Consistency | 95.2% |
| Payout Ratio | 31.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 30.2% |
| Relative Tail Risk | -14.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.03 |
| Alpha | 22.87 |
| Character TTM | |
|---|---|
| Beta | 0.742 |
| Beta Downside | 0.857 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.38% |
| CAGR/Max DD | 0.68 |
Description: THFF First Financial Indiana December 26, 2025
First Financial Corporation (NASDAQ: THFF) operates a network of community banks across west-central Indiana, east-central Illinois, western Kentucky, central and eastern Tennessee, and northern Georgia, offering a full suite of deposit products (non-interest-bearing demand, interest-bearing demand, savings, and time deposits) and a range of loan services including commercial, residential construction, home-equity, and secured/unsecured consumer loans.
As of the most recent quarterly filing (Q3 2024), the bank reported a loan-to-deposit ratio of roughly 78 %, a net interest margin (NIM) of 3.2 %-slightly above the regional-bank average of ~2.9 %-and a return on equity (ROE) of 9.1 %, indicating modest profitability but still below the 10-12 % range typical for high-performing community banks.
Key economic drivers for THFF include the prevailing Federal Reserve policy cycle (higher policy rates have boosted NIM but also pressure deposit growth), regional housing market dynamics (particularly in Indiana and Tennessee, where new-home starts have risen ~4 % YoY), and the competitive landscape of regional banks that are increasingly leveraging digital banking platforms to retain younger depositors.
For a deeper, data-driven valuation, you may want to explore the detailed metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 79.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.08 > 1.0 |
| NWC/Revenue: 311.0% < 20% (prev -1320 %; Δ 1631 % < -1%) |
| CFO/TA 0.01 > 3% & CFO 60.6m > Net Income 79.2m |
| Net Debt (162.1m) to EBITDA (108.5m): 1.49 < 3 |
| Current Ratio: 4.47 > 1.5 & < 3 |
| Outstanding Shares: last quarter (11.9m) vs 12m ago 0.36% < -2% |
| Gross Margin: 77.68% > 18% (prev 0.66%; Δ 7703 % > 0.5%) |
| Asset Turnover: 5.77% > 50% (prev 5.53%; Δ 0.24% > 0%) |
| Interest Coverage Ratio: 0.95 > 6 (EBITDA TTM 108.5m / Interest Expense TTM 75.8m) |
Altman Z'' 1.80
| A: 0.18 (Total Current Assets 1.31b - Total Current Liabilities 292.5m) / Total Assets 5.76b |
| B: 0.13 (Retained Earnings 741.8m / Total Assets 5.76b) |
| C: 0.01 (EBIT TTM 72.4m / Avg Total Assets 5.66b) |
| D: 0.13 (Book Value of Equity 657.1m / Total Liabilities 5.11b) |
| Altman-Z'' Score: 1.80 = BBB |
Beneish M -3.20
| DSRI: 0.97 (Receivables 27.8m/26.9m, Revenue 326.4m/307.5m) |
| GMI: 0.84 (GM 77.68% / 65.56%) |
| AQI: 0.91 (AQ_t 0.76 / AQ_t-1 0.83) |
| SGI: 1.06 (Revenue 326.4m / 307.5m) |
| TATA: 0.00 (NI 79.2m - CFO 60.6m) / TA 5.76b) |
| Beneish M-Score: -3.20 (Cap -4..+1) = AA |
What is the price of THFF shares?
Over the past week, the price has changed by +4.10%, over one month by +11.36%, over three months by +23.38% and over the past year by +34.73%.
Is THFF a buy, sell or hold?
- StrongBuy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the THFF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 66 | -2.7% |
| Analysts Target Price | 66 | -2.7% |
| ValueRay Target Price | 80 | 17.9% |
THFF Fundamental Data Overview February 07, 2026
P/E Forward = 8.9445
P/S = 3.1885
P/B = 1.2356
Revenue TTM = 326.4m USD
EBIT TTM = 72.4m USD
EBITDA TTM = 108.5m USD
Long Term Debt = 170.5m USD (from longTermDebt, two quarters ago)
Short Term Debt = 292.5m USD (from shortTermDebt, last quarter)
Debt = 292.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 162.1m USD (from netDebt column, last quarter)
Enterprise Value = -178.7m USD (808.7m + Debt 292.5m - CCE 1.28b)
Interest Coverage Ratio = 0.95 (Ebit TTM 72.4m / Interest Expense TTM 75.8m)
EV/FCF = -2.95x (Enterprise Value -178.7m / FCF TTM 60.6m)
FCF Yield = -33.93% (FCF TTM 60.6m / Enterprise Value -178.7m)
FCF Margin = 18.57% (FCF TTM 60.6m / Revenue TTM 326.4m)
Net Margin = 24.26% (Net Income TTM 79.2m / Revenue TTM 326.4m)
Gross Margin = 77.68% ((Revenue TTM 326.4m - Cost of Revenue TTM 72.9m) / Revenue TTM)
Gross Margin QoQ = none% (prev 72.67%)
Tobins Q-Ratio = -0.03 (set to none) (Enterprise Value -178.7m / Total Assets 5.76b)
Interest Expense / Debt = 3.83% (Interest Expense 11.2m / Debt 292.5m)
Taxrate = 20.54% (5.55m / 27.0m)
NOPAT = 57.5m (EBIT 72.4m * (1 - 20.54%))
Current Ratio = 4.47 (Total Current Assets 1.31b / Total Current Liabilities 292.5m)
Debt / Equity = 0.45 (Debt 292.5m / totalStockholderEquity, last quarter 650.9m)
Debt / EBITDA = 1.49 (Net Debt 162.1m / EBITDA 108.5m)
Debt / FCF = 2.67 (Net Debt 162.1m / FCF TTM 60.6m)
Total Stockholder Equity = 608.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.40% (Net Income 79.2m / Total Assets 5.76b)
RoE = 13.02% (Net Income TTM 79.2m / Total Stockholder Equity 608.2m)
RoCE = 9.29% (EBIT 72.4m / Capital Employed (Equity 608.2m + L.T.Debt 170.5m))
RoIC = 7.84% (NOPAT 57.5m / Invested Capital 733.3m)
WACC = 7.16% (E(808.7m)/V(1.10b) * Re(8.65%) + D(292.5m)/V(1.10b) * Rd(3.83%) * (1-Tc(0.21)))
Discount Rate = 8.65% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.35%
[DCF Debug] Terminal Value 81.89% ; FCFF base≈58.1m ; Y1≈61.0m ; Y5≈71.2m
Fair Price DCF = 111.5 (EV 1.49b - Net Debt 162.1m = Equity 1.32b / Shares 11.9m; r=7.16% [WACC]; 5y FCF grow 5.45% → 2.90% )
EPS Correlation: 8.67 | EPS CAGR: 2.17% | SUE: 0.96 | # QB: 1
Revenue Correlation: 88.51 | Revenue CAGR: 7.71% | SUE: 2.52 | # QB: 2
EPS next Quarter (2026-03-31): EPS=1.72 | Chg30d=+0.120 | Revisions Net=+3 | Analysts=2
EPS current Year (2026-12-31): EPS=7.16 | Chg30d=+0.243 | Revisions Net=+3 | Growth EPS=+7.2% | Growth Revenue=+9.6%
EPS next Year (2027-12-31): EPS=7.46 | Chg30d=+0.332 | Revisions Net=+1 | Growth EPS=+4.1% | Growth Revenue=+3.5%