First Financial Bancorp. (FFBC) Stock Price & Analysis
First Financial Bancorp. (FFBC) is trading at USD 32.36, down 0.34% today, as of October 23, 2026 at 14:15 UTC (US market open; quotes may be delayed), according to Nexqual market data.
FFBC last closed at USD 32.47; today's session has ranged USD 32.31–32.66 on volume of 99,421 shares. Market capitalization is $3.40B, with a 52-week range of USD 23.06–36.25 (NMS). Source: Nexqual, retrieved October 23, 2026 at 14:15 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FFBC.md
Key facts (FFBC)
- Last four reported quarters (through Jun 30, 2026): revenue $1.01B, net income $285M (28.3% margin) (SEC filings).
- Valuation: P/E 11.9x (avg 9.8x at the last 3 fiscal year-ends).
- Analysts: Buy (mean 2.29 on a 1–5 scale) (7 analysts), mean target USD 38 (range 36–40).
- Total return with dividends: 1Y +37.8% vs S&P 500 +14.4%; 5Y +65.3% vs S&P 500 +77.0%.
- Next earnings: 2026-10-27, EPS estimate USD 0.83, revenue estimate $271M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FFBC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $624M | $709M | $840M | $836M | $899M | $1.01B |
| Net income | $205M | $218M | $256M | $229M | $256M | $285M |
| EPS (diluted) | $2.14 | $2.30 | $2.69 | $2.40 | $2.66 | — |
| Free cash flow | $373M | $187M | $463M | $241M | $317M | $756M |
| Net margin | 32.9% | 30.7% | 30.5% | 27.4% | 28.4% | 28.3% |
| Revenue growth | -3.4% | +13.7% | +18.5% | -0.5% | +7.6% | — |
| Cash + short-term investments | $220M | $208M | $213M | $174M | $179M | — |
| Total debt | $706M | $1.63B | $1.28B | $1.10B | $1.19B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (FFBC)
P/E 11.9x · P/S 3.4x · P/FCF 4.5x · P/B 1.1x · FCF yield 22.23% · Earnings yield 8.38% · Dividend yield (paid, TTM) 2.97%
P/E at fiscal year-ends: Dec 2025 9.4x, Dec 2024 11.2x, Dec 2023 8.8x.
Analysts (FFBC)
Consensus Buy (mean 2.29 on a 1–5 scale), 7 analysts; mean target USD 38 (low 36, high 40).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-25 | Truist Securities | Upgrade | Hold → Buy | $35 → $37 |
| 2026-07-10 | Truist Securities | Target raised | Hold | $33 → $35 |
| 2026-07-01 | Raymond James | Target raised | Outperform | $34 → $36 |
Total return (dividends reinvested) (FFBC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +37.8% | +65.3% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | +37.9% | +10.6% |
| Volatility (annualized) | 22.9% | 27.5% |
| Max drawdown | -14.2% (Jul 2026→Oct 2026) | -30.8% (Nov 2022→May 2023) |
FFBC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | PJM Interconnection | “Increasing electricity demand, including from data centers and industrial activity, is placing pressure on regional power grid operators, including PJM Interconnection LLC, which serves many of the markets in which we operate, and prolonged or widespread power disruptions could adversely affect our facilities, third-party service providers, customers, and business continuity.” |
Quoted from the company's 10-K filed Feb 19, 2026.
FFBC company outlook (results filed Jul 21, 2026)
- “Robust net interest margin of 3.96%, or 3.98% on a fully tax-equivalent basis (1) ◦ 1 bp decline from first quarter driven by a 7 bp decline in asset yields, which was partially offset by a 6 bp decrease in funding costs ◦ Decline in loan accretion diluted net interest margin 5 bps; accretion decline primarily related to lower-than-expected prepayment rates on acquired mortgage loans ·”
- “Brown commented on fee income and expenses, “Second quarter adjusted (1) fee income was below our expectations.”
- “As of June 30th, virtually all of the expected Westfield cost reductions have been realized, while savings related to the BankFinancial acquisition will gradually phase in over the course of the third quarter with full synergies expected by quarter-end.””
- “Transaction is expected to be approximately 5% accretive to First Financial's earnings per share First Financial Bancorp.”
Quoted word-for-word from the SEC 8-K results press release.
FFBC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.83 | $0.85 | -2.7% | $271.0M | 7 |
| Next quarter (ends Dec 2026) | $0.83 | $0.86 | -4.1% | $275.9M | 6 |
| Current fiscal year (ends Dec 2026) | $3.21 | $3.28 | -1.9% | $1.08B | 7 |
| Next fiscal year (ends Dec 2027) | $3.54 | $3.45 | +2.5% | $1.21B | 7 |
FFBC options: expected move
Options price a move of about ±12.8% (±$4.15) by Nov 20, 2026, which includes earnings on Oct 27, 2026. Over the last 8 reports the stock moved ±3.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 52.7% | ±12.8% |
| May 21, 2027 | 210 | 27.5% | ±16.9% |
30-day implied volatility 40.7% vs 19.2% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 14:15 UTC)
| Price | USD 32.36 |
|---|---|
| Change | ▼ 0.34% (down) |
| Previous Close | USD 32.47 |
| Open | USD 32.38 |
| Day Range | USD 32.31 – 32.66 |
| 52-Week Range | USD 23.06 – 36.25 |
| Volume | 99,421 shares |
| Market Cap | $3.40B |
| Exchange | NMS |
Technical Analysis (FFBC)
Nexqual's technical model rates FFBC "NEUTRAL" based on 4 bullish and 3 bearish signals across 128 daily candles, as of October 23, 2026 at 14:15 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 56.99 (neutral) |
| vs SMA50 | Above (USD 32.15) |
| MACD | -0.04 (negative) |
Analyst Ratings (FFBC)
Wall Street analysts rate FFBC "Buy" based on 7 analysts, with a mean price target of USD 38 (range USD 36–40), per Nexqual as of October 23, 2026 at 14:15 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 7 |
| Mean Target | USD 38 |
| High Target | USD 40 |
| Low Target | USD 36 |
| Buy / Hold / Sell | 4 / 3 / 0 |
Earnings (FFBC)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 0.83 |
| Revenue Estimate | $270.96M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.8 vs est 0.8 ▲ beat |
| 2026-03-31 | USD 0.77 vs est 0.69 ▲ beat |
| 2025-12-31 | USD 0.8 vs est 0.79 ▲ beat |
| 2025-09-30 | USD 0.76 vs est 0.75 ▲ beat |
Source: Nexqual, October 23, 2026 at 14:15 UTC.
Financials & Fundamentals (FFBC)
| Total Revenue | $952.89M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +16.50% |
| Gross Margin | +0.00% |
| Operating Margin | +39.80% |
| Profit Margin | +29.93% |
| ROE | +10.29% |
| Total Cash | $1.34B |
| Total Debt | $1.56B |
Source: Nexqual, October 23, 2026 at 14:15 UTC.
Financial Health Score (FFBC)
Nexqual rates First Financial Bancorp.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 14:15 UTC.
| Growth | Solid — Revenue +8% YoY (annual) |
|---|---|
| Profitability | Strong — Net margin 28% (last 12 months); banks have no gross margin |
| Balance Sheet | N/A — Not comparable for banks: deposits and customer funds sit on the balance sheet, so cash vs debt does not measure safety (SEC industry: National Commercial Banks) |
| Cash Flow | N/A — Not meaningful for banks and lenders: lending and trading move operating cash flow by billions each year (SEC industry: National Commercial Banks) |
| Efficiency | Mixed — ROE 10%, ROA 1.4% |
Ownership (FFBC)
| Insider Ownership | +1.19% |
|---|---|
| Institutional Ownership | +86.56% |
| Shares Outstanding | 105.17M |
| Float | 103.47M |
| Short % of Float | +7.66% |
Source: Nexqual, October 23, 2026 at 14:15 UTC.
Leadership (FFBC)
First Financial Bancorp. is led by Archie M. Brown, CEO & Director, per Nexqual as of October 23, 2026 at 14:15 UTC.
| CEO & Director | Archie M. Brown |
|---|---|
| President & CFO | James Michael Anderson |
| Chief Operating Officer | Malcolm A. Myers |
| President of Yellow Cardinal Advisory Group | Gregory A. Harris |
Major Backers & Investors (FFBC)
Notable institutional backers of First Financial Bancorp. include Nomura Asset Management International Inc, Delaware Group Equity Funds V-Nomura Small Cap Value Fund, Fort Washington Investment Advisors, Inc., according to Nexqual as of October 23, 2026 at 14:15 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Nomura Asset Management International Inc | 4.8% |
| Delaware Group Equity Funds V-Nomura Small Cap Value Fund | 3.53% |
| Fort Washington Investment Advisors, Inc. | 2.94% |
| Bahl & Gaynor LLC | 1.81% |
| Fuller & Thaler Asset Management Inc. | 1.8% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.55% |
| Vanguard Group | 10.39% |
| Dimensional Fund Advisors | 6.33% |
| State Street | 5.53% |
| Geode Capital | 2.67% |
Source: Nexqual, October 23, 2026 at 14:15 UTC.
From First Financial Bancorp.'s Latest SEC 10-K Filing (filed 2026-02-19)
Key Strengths & Strategy (as disclosed to the SEC)
- Bannockburn Global Forex (Bannockburn), a division of the Bank, is an industry-leading capital markets firm based in Cincinnati, Ohio, that provides transactional currency payments, foreign exchange hedging, commodities hedging and other advisory products to closely held enterprises, financial sponsors and downstream financial institutions across the United States.
Legal & Regulatory Risks (Item 1A, quoted)
- We operate in a highly regulated industry and compliance with regulations and/or regulatory actions could impact the results of our operations.
- Regulations related to information security, data protection and data privacy could expose us to regulatory risks, civil liabilities and increase our costs.
- The regulations under which we operate are subject to change, which could result in restrictions and requirements that could detrimentally impact the results of our operations.
- Increasing scrutiny and evolving expectations from customers, regulators, investors, and other stakeholders with respect to our environmental, social and governance practices may impose additional costs on us or expose us to new or additional risks.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BBD | Banco Bradesco Sa | USD 3.89 | ▼ 1.65% |
| FITB | Fifth Third Bancorp | USD 52.61 | ▼ 1.16% |
| DB | Deutsche Bank AG | USD 30.92 | ▼ 1.79% |
| TFC | Truist Financial Corporation | USD 47.95 | ▼ 0.97% |
| NWG | NatWest Group plc | USD 16.64 | ▼ 2.09% |
| NU | Nu Holdings Ltd. | USD 14.64 | ▼ 0.6% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 14:15 UTC. This page is informational and not investment advice.
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