First Financial Bancorp (Ohio) (FFBC) Posts Quarterly Results
First Financial Bancorp (Ohio) (NASDAQ:FFBC) released its earnings data on Tuesday. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28, AnalystRatingsNetwork reports. During the same quarter in the previous year, the company posted $0.24 earnings per share.
First Financial Bancorp (NASDAQ:FFBC) traded down 1.09% during mid-day trading on Tuesday, hitting $16.28. 191,281 shares of the company’s stock traded hands. First Financial Bancorp has a 1-year low of $14.31 and a 1-year high of $18.50. The stock has a 50-day moving average of $17.53 and a 200-day moving average of $16.7. The company has a market cap of $936.3 million and a P/E ratio of 19.83.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 1st. Stockholders of record on Friday, May 30th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.69%.
A number of research firms have recently commented on FFBC. Analysts at Zacks upgraded shares of First Financial Bancorp (Ohio) from a “neutral” rating to an “outperform” rating in a research note on Friday, April 11th. They now have a $19.10 price target on the stock. Analysts at Keefe, Bruyette & Woods raised their price target on shares of First Financial Bancorp (Ohio) from $20.00 to $22.00 in a research note on Monday, February 3rd. They now have a “market perform” rating on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $27.52.
First Financial Bancorp. (NASDAQ:FFBC) is a bank holding company.
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