FFBC Stock Analysis: First Financial Bancorp | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 3.288m USD | 12M Return: 30% | US3202091092 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 26.2M
EPS Trend: 49.4%
Qual. Beats: 0
Rev. Trend: 97.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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: 285.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.99 > 1.0 |
| NWC/Revenue: -890.7% < 20% (prev -894.5%; Δ 3.79% < -1%) |
| CFO/TA 0.04 > 3% & CFO 792.3m > Net Income 285.2m |
| Net Debt (-4.91b) to EBITDA (409.7m): -11.99 < 3 |
| Current Ratio: 0.38 > 1.5 & < 3 |
| Outstanding Shares: last quarter (104.6m) vs 12m ago 9.27% < -2% |
| Gross Margin: 69.76% > 18% (prev 66.17%; Δ 3.59% > 0.5%) |
| Asset Turnover: 6.49% > 50% (prev 6.60%; Δ -0.11% > 0%) |
| Interest Coverage Ratio: 0.98 > 6 (EBIT TTM 357.8m / Interest Expense TTM 364.5m) |
| A: -0.53 (Total Current Assets 7.25b - Total Current Liabilities 19.1b) / Total Assets 22.4b |
| B: 0.07 (Retained Earnings 1.54b / Total Assets 22.4b) |
| C: 0.02 (EBIT TTM 357.8m / Avg Total Assets 20.5b) |
| D: 0.15 (Book Value of Equity 2.99b / Total Liabilities 19.5b) |
| Altman-Z'' = -2.97 = D |
As of September 27, 2026, the stock is trading at USD 32.40 with a total of 1,765,368 shares traded. Over the past week, the price has changed by +0.97%, over one month by +0.00%, over three months by -2.48% and over the past year by +30.03%.
Current recommended Stop Loss: 31.70 (which is 2.2% 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 | 37.6 | 16% |
P/E Trailing = 11.0707
P/E Forward = 9.0662
P/S = 3.4508
P/B = 1.1152
P/EG = 1.1156
Revenue TTM = 1.33b USD
EBIT TTM = 357.8m USD
EBITDA TTM = 409.7m USD
Long Term Debt = 381.5m USD (from longTermDebt, last quarter)
Short Term Debt = 570.0m USD (from shortTermDebt, last quarter)
Debt = 953.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.10m
Net Debt = -4.91b USD (calculated: Debt 953.6m - CCE 5.87b)
Enterprise Value = 3.29b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.98 (Ebit TTM 357.8m / Interest Expense TTM 364.5m)
EV/FCF = 4.28x (Enterprise Value 3.29b / FCF TTM 769.2m)
FCF Yield = 23.39% (FCF TTM 769.2m / Enterprise Value 3.29b)
FCF Margin = 57.73% (FCF TTM 769.2m / Revenue TTM 1.33b)
Net Margin = 21.41% (Net Income TTM 285.2m / Revenue TTM 1.33b)
Gross Margin = 69.76% ((Revenue TTM 1.33b - Cost of Revenue TTM 403.0m) / Revenue TTM)
Gross Margin QoQ = 67.74% (prev 72.18%)
Tobins Q-Ratio = 0.15 (Enterprise Value 3.29b / Total Assets 22.4b)
Interest Expense / Debt = 38.22% (Interest Expense 364.5m / Debt 953.6m)
Taxrate = 20.29% (72.6m / 357.8m)
NOPAT = 285.2m (EBIT 357.8m * (1 - 20.29%))
Current Ratio = 0.38 (Total Current Assets 7.25b / Total Current Liabilities 19.1b)
Debt / Equity = 0.32 (Debt 953.6m / totalStockholderEquity, last quarter 2.99b)
Debt / EBITDA = -11.99 (Net Debt -4.91b / EBITDA 409.7m)
Debt / FCF = -6.39 (Net Debt -4.91b / FCF TTM 769.2m)
Total Stockholder Equity = 2.83b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.39% (Net Income 285.2m / Total Assets 22.4b)
RoE = 10.07% (Net Income TTM 285.2m / Total Stockholder Equity 2.83b)
RoCE = 11.13% (EBIT 357.8m / Capital Employed (Equity 2.83b + L.T.Debt 381.5m))
RoIC = 7.46% (NOPAT 285.2m / Invested Capital 3.82b)
WACC = 13.42% (E(3.29b)/V(4.24b) * Re(8.48%) + D(953.6m)/V(4.24b) * Rd(38.22%) * (1-Tc(0.20)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 72.55 | Cagr: 4.29%
[DCF] Terminal Value 63.36% ; FCFF base≈569.0m ; Y1≈652.2m ; Y5≈959.9m
[DCF] Fair Price = 119.0 (EV 7.57b - Net Debt -4.91b = Equity 12.5b / Shares 105.0m; r=13.42% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 49.40 | EPS CAGR: 4.49% | SUE: -0.16 | # QB: 0
Revenue Correlation: 97.58 | Revenue CAGR: 7.35% | SUE: 0.35 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.83 | Chg30d=+0.00% | Revisions=-30% | Analysts=7
EPS current Year (2026-12-31): EPS=3.20 | Chg30d=+0.00% | Revisions=-22% | GrowthEPS=+9.2% | GrowthRev=+20.0%
EPS next Year (2027-12-31): EPS=3.48 | Chg30d=+0.00% | Revisions=+22% | GrowthEPS=+8.7% | GrowthRev=+11.7%
[Analyst] Revisions Ratio: -14% (up=8, down=11)