News coverage about First Financial Bank (NASDAQ:FFBC) has been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. First Financial Bank earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 45.9236222739265 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
NASDAQ:FFBC opened at $28.75 on Thursday. The company has a market cap of $1,811.25, a P/E ratio of 17.86, a PEG ratio of 1.37 and a beta of 1.10. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.93. First Financial Bank has a 52-week low of $22.80 and a 52-week high of $29.65.
First Financial Bank (NASDAQ:FFBC) last released its quarterly earnings results on Thursday, January 18th. The bank reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. First Financial Bank had a return on equity of 11.51% and a net margin of 26.11%. The firm had revenue of $94.00 million for the quarter, compared to the consensus estimate of $90.05 million. During the same quarter last year, the business posted $0.38 EPS. research analysts expect that First Financial Bank will post 2.1 EPS for the current fiscal year.
Several brokerages have weighed in on FFBC. ValuEngine upgraded First Financial Bank from a “hold” rating to a “buy” rating in a report on Thursday, March 29th. Hilliard Lyons upgraded First Financial Bank from a “neutral” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Monday, January 22nd. Zacks Investment Research downgraded First Financial Bank from a “buy” rating to a “hold” rating in a report on Wednesday, April 11th. BidaskClub downgraded First Financial Bank from a “hold” rating to a “sell” rating in a report on Tuesday, January 30th. Finally, FIG Partners upgraded First Financial Bank from a “market perform” rating to an “outperform” rating and set a $31.00 price objective on the stock in a report on Friday, February 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $30.25.
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About First Financial Bank
First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and other banking, and banking-related services to individuals and businesses in Ohio, Indiana, and Kentucky. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers.
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