FIRST FINANCIAL BANCORP (FFBC)
US3202091092 - Common Stock
FFBC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 406 industry peers in the Banks industry. FFBC has an average financial health and profitability rating. FFBC has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
FFBC had positive earnings in the past year.
FFBC had a positive operating cash flow in the past year.
FFBC had positive earnings in each of the past 5 years.
In the past 5 years FFBC always reported a positive cash flow from operatings.
1.2 Ratios
FFBC's Return On Assets of 1.22% is amongst the best of the industry. FFBC outperforms 80.20% of its industry peers.
With a Return On Equity value of 9.01%, FFBC perfoms like the industry average, outperforming 59.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 9.01% | ||
| ROIC | N/A |
ROA(3y)1.33%
ROA(5y)1.27%
ROE(3y)10.34%
ROE(5y)9.33%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FFBC has a better Profit Margin (27.17%) than 73.51% of its industry peers.
In the last couple of years the Profit Margin of FFBC has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for FFBC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.17% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y8.06%
PM growth 5Y-0.51%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FFBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for FFBC remains at a similar level compared to 1 year ago.
Compared to 5 years ago, FFBC has less shares outstanding
Compared to 1 year ago, FFBC has an improved debt to assets ratio.
2.2 Solvency
FFBC has a debt to FCF ratio of 1.38. This is a very positive value and a sign of high solvency as it would only need 1.38 years to pay back of all of its debts.
FFBC has a better Debt to FCF ratio (1.38) than 70.30% of its industry peers.
FFBC has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of FFBC (0.16) is better than 60.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.38 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC10.83%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FFBC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.60%.
Measured over the past 5 years, FFBC shows a small growth in Earnings Per Share. The EPS has been growing by 3.59% on average per year.
Looking at the last year, FFBC shows a decrease in Revenue. The Revenue has decreased by -4.83% in the last year.
FFBC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.74% yearly.
EPS 1Y (TTM)-18.6%
EPS 3Y17.89%
EPS 5Y3.59%
EPS Q2Q%-20.29%
Revenue 1Y (TTM)-4.83%
Revenue growth 3Y9.18%
Revenue growth 5Y8.74%
Sales Q2Q%-5.1%
3.2 Future
The Earnings Per Share is expected to decrease by -0.84% on average over the next years.
The Revenue is expected to grow by 1.73% on average over the next years.
EPS Next Y-11.05%
EPS Next 2Y-4.15%
EPS Next 3Y-0.84%
EPS Next 5YN/A
Revenue Next Year-1.22%
Revenue Next 2Y0.56%
Revenue Next 3Y1.73%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.77, the valuation of FFBC can be described as reasonable.
FFBC's Price/Earnings ratio is a bit cheaper when compared to the industry. FFBC is cheaper than 67.57% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.73, FFBC is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.93, the valuation of FFBC can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FFBC indicates a somewhat cheap valuation: FFBC is cheaper than 63.61% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, FFBC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 10.93 |
4.2 Price Multiples
76.24% of the companies in the same industry are more expensive than FFBC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)3.28
EPS Next 2Y-4.15%
EPS Next 3Y-0.84%
5. Dividend
5.1 Amount
FFBC has a Yearly Dividend Yield of 3.58%. Purely for dividend investing, there may be better candidates out there.
FFBC's Dividend Yield is a higher than the industry average which is at 3.02.
FFBC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
5.2 History
The dividend of FFBC decreases each year by -1.65%.
FFBC has paid a dividend for at least 10 years, which is a reliable track record.
FFBC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-1.65%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
40.12% of the earnings are spent on dividend by FFBC. This is a bit on the high side, but may be sustainable.
The Dividend Rate of FFBC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP40.12%
EPS Next 2Y-4.15%
EPS Next 3Y-0.84%
FIRST FINANCIAL BANCORP
NASDAQ:FFBC (12/20/2024, 8:10:38 PM)
After market: 27.31 0 (0%)27.31
+0.49 (+1.83%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners78.86%
Inst Owner Change1.63%
Ins Owners0.99%
Ins Owner Change-3.89%
Market Cap2.61B
Analysts50
Price Target28.94 (5.97%)
Short Float %1.6%
Short Ratio3.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.58% |
Dividend Growth(5Y)-1.65%
DP40.12%
Div Incr Years1
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.1%
Min EPS beat(2)-18.55%
Max EPS beat(2)6.35%
EPS beat(4)1
Avg EPS beat(4)-6.91%
Min EPS beat(4)-18.55%
Max EPS beat(4)6.35%
EPS beat(8)4
Avg EPS beat(8)-2.79%
EPS beat(12)6
Avg EPS beat(12)-1.53%
EPS beat(16)9
Avg EPS beat(16)-0.83%
Revenue beat(2)1
Avg Revenue beat(2)-2.76%
Min Revenue beat(2)-7.91%
Max Revenue beat(2)2.39%
Revenue beat(4)1
Avg Revenue beat(4)-3.84%
Min Revenue beat(4)-7.91%
Max Revenue beat(4)2.39%
Revenue beat(8)3
Avg Revenue beat(8)-1.24%
Revenue beat(12)4
Avg Revenue beat(12)-1.18%
Revenue beat(16)6
Avg Revenue beat(16)-0.45%
PT rev (1m)1.34%
PT rev (3m)-2.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.41%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.77 | ||
| Fwd PE | 10.93 | ||
| P/S | 3.21 | ||
| P/FCF | 9.18 | ||
| P/OCF | 8.57 | ||
| P/B | 1.06 | ||
| P/tB | 1.92 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.32
EY8.5%
EPS(NY)2.5
Fwd EY9.15%
FCF(TTM)2.98
FCFY10.9%
OCF(TTM)3.19
OCFY11.67%
SpS8.5
BVpS25.66
TBVpS14.26
PEG (NY)N/A
PEG (5Y)3.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.22% | ||
| ROE | 9.01% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.17% | ||
| GM | N/A | ||
| FCFM | 34.99% |
ROA(3y)1.33%
ROA(5y)1.27%
ROE(3y)10.34%
ROE(5y)9.33%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y8.06%
PM growth 5Y-0.51%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | 1.38 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 66.67% | ||
| Cap/Sales | 2.48% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 128.77% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC10.83%
ROIC/WACCN/A
Cap/Depr(3y)57.42%
Cap/Depr(5y)59.24%
Cap/Sales(3y)2.42%
Cap/Sales(5y)2.64%
Profit Quality(3y)149.89%
Profit Quality(5y)118.62%
High Growth Momentum
Growth
EPS 1Y (TTM)-18.6%
EPS 3Y17.89%
EPS 5Y3.59%
EPS Q2Q%-20.29%
EPS Next Y-11.05%
EPS Next 2Y-4.15%
EPS Next 3Y-0.84%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.83%
Revenue growth 3Y9.18%
Revenue growth 5Y8.74%
Sales Q2Q%-5.1%
Revenue Next Year-1.22%
Revenue Next 2Y0.56%
Revenue Next 3Y1.73%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y6.35%
FCF growth 3Y70.49%
FCF growth 5Y13.84%
OCF growth 1Y8.01%
OCF growth 3Y64.25%
OCF growth 5Y13.35%