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FFBC

First Financial Bancorp

$21.18

Earnings Summary

Revenue
$287.2Mn
Net Profits
$50.69Mn
Net Profit Margins
17.65%
PE Ratio
8.54

Highlights

Revenue:

First Financial Bancorp’s revenue jumped 33.67% since last year same period to $287.2Mn in the Q1 2024. On a quarterly growth basis, First Financial Bancorp has generated 0.62% jump in its revenue since last 3-months.

Net Profits:

First Financial Bancorp’s net profit fell -28% since last year same period to $50.69Mn in the Q1 2024. On a quarterly growth basis, First Financial Bancorp has generated -10.65% fall in its net profits since last 3-months.

Net Profit Margins:

First Financial Bancorp’s net profit margin fell -46.14% since last year same period to 17.65% in the Q1 2024. On a quarterly growth basis, First Financial Bancorp has generated -11.2% fall in its net profit margins since last 3-months.

PE Ratio:

First Financial Bancorp’s price-to-earnings ratio after this Q1 2024 earnings stands at 8.54.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the First Financial Bancorp post its latest quarter earnings

EPS Estimate Current Quarter
0.59
EPS Estimate Current Year
0.59

Highlights

EPS Estimate Current Quarter:

First Financial Bancorp’s earning per share (EPS) estimates for the current quarter stand at 0.59 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

First Financial Bancorp’s earning per share (EPS) estimates for the current year stand at 0.59.

Key Ratios

Key ratios of the First Financial Bancorp post its Q1 2024 earnings

Earning Per Share (EPS)
0.53
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.11
Dividend Per Share (DPS)
0.23

Highlights

Earning Per Share (EPS):

First Financial Bancorp’s earning per share (EPS) fell -28.38% since last year same period to 0.53 in the Q1 2024. This indicates that the First Financial Bancorp has generated -28.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Financial Bancorp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Financial Bancorp’s return on equity (ROE) stands at 0.11.

Dividend Per Share (DPS):

First Financial Bancorp declared 0.23 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
0.59
0.53
-10.17%