First Financial Bancorp - Understand $ffbc stock

$FFBC Market Cap: $2.782 Billion

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Financial Snapshot

Revenue

$750.5M

TTM

Gross Margin

Net Earnings

$220.7M

TTM

Current Assets

Current Liabilities

$639.1M

Q3 2024

Current Ratio

Total Assets

$18.15B

Q3 2024

Total Liabilities

$15.70B

Q3 2024

Book Value

$2.450B

Q3 2024

Cash

$190.6M

Q3 2024

P/E

12.60

Nov 13, 2024 EST

Free Cash Flow

$199.7M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Revenue	$903.0M	$585.0M	$483.2M	$525.0M	$607.6M	$540.4M	$333.1M	$306.0M	$269.8M	$247.9M	$245.2M	$280.9M	$308.8M	$343.5M	$233.2M
YoY Change	54.36%	21.06%	-7.95%	-13.6%	12.43%	62.24%	8.87%	13.42%	8.84%	1.08%	-12.72%	-9.03%	-10.1%	47.28%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$903.0M	$585.0M	$483.2M	$525.0M	$607.6M	$540.4M	$333.1M	$306.0M	$269.8M	$247.9M	$245.2M	$280.9M	$308.8M	$343.5M	$233.2M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$13.30M	$12.90M	$14.10M	$15.40M	$16.10M	$24.20M	$12.60M	$13.00M	$13.30M	$12.80M	$14.30M	$15.80M	$12.00M	$11.00M	$8.600M	$6.700M	$7.900M	$8.600M	$7.400M	$6.600M	$12.40M	$9.200M	$8.800M	$9.700M	$9.200M	$9.000M	$6.200M	$4.000M	$4.000M	$3.700M	$4.100M	$3.800M	$3.400M	$3.100M	$2.900M	$2.900M
YoY Change	3.1%	-8.51%	-8.44%	-4.35%	-33.47%	92.06%	-3.08%	-2.26%	3.91%	-10.49%	-9.49%	31.67%	9.09%	27.91%	28.36%	-15.19%	-8.14%	16.22%	12.12%	-46.77%	34.78%	4.55%	-9.28%	5.43%	2.22%	45.16%	55.0%	0.0%	8.11%	-9.76%	7.89%	11.76%	9.68%	6.9%	0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$275.2M	$65.86M	$31.10M	$68.45M	$123.3M	$91.15M	$49.53M	$33.28M	$23.26M	$19.23M	$16.89M	$27.59M	$44.92M	$67.99M	$57.25M
YoY Change	317.89%	111.78%	-54.57%	-44.49%	35.3%	84.03%	48.83%	43.09%	20.92%	13.89%	-38.79%	-38.58%	-33.93%	18.77%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Pretax Income	$318.6M	$241.7M	$240.9M	$184.4M	$242.9M	$214.2M	$116.2M	$130.7M	$110.9M	$95.03M	$67.58M	$103.7M	$105.0M	$91.95M	$354.0M	$33.40M	$53.70M	$30.70M	$43.40M	$60.40M	$53.80M	$70.80M	$65.40M	$87.00M	$76.60M	$75.70M	$68.80M	$49.00M	$45.40M	$38.00M	$32.70M	$29.10M	$22.50M	$16.30M	$18.40M	$16.30M
YoY Change	31.8%	0.33%	30.65%	-24.07%	13.37%	84.41%	-11.14%	17.85%	16.74%	40.61%	-34.86%	-1.23%	14.23%	-74.02%	959.81%	-37.8%	74.92%	-29.26%	-28.15%	12.27%	-24.01%	8.26%	-24.83%	13.58%	1.19%	10.03%	40.41%	7.93%	19.47%	16.21%	12.37%	29.33%	38.04%	-11.41%	12.88%	19.85%
Income Tax	$62.73M	$24.11M	$35.77M	$28.60M	$44.79M	$41.63M	$19.38M	$42.21M	$35.87M	$30.03M	$19.23M	$36.44M	$38.30M	$32.70M	$132.6M	$10.40M	$18.00M	$9.400M	$12.60M	$19.30M	$16.90M	$22.50M	$22.10M	$28.70M	$26.30M	$24.70M	$22.00M	$15.00M	$13.70M	$9.800M	$7.500M	$7.300M	$4.700M	$3.000M	$2.000M	$1.400M
% Of Pretax Income	19.69%	9.97%	14.85%	15.51%	18.44%	19.43%	16.68%	32.28%	32.33%	31.6%	28.46%	35.13%	36.46%	35.56%	37.47%	31.14%	33.52%	30.62%	29.03%	31.95%	31.41%	31.78%	33.79%	32.99%	34.33%	32.63%	31.98%	30.61%	30.18%	25.79%	22.94%	25.09%	20.89%	18.4%	10.87%	8.59%
Net Earnings	$255.9M	$217.6M	$205.2M	$155.8M	$198.1M	$172.6M	$96.79M	$88.53M	$75.06M	$65.00M	$48.35M	$67.30M	$66.74M	$59.25M	$221.3M	$23.00M	$35.70M	$21.30M	$37.90M	$41.10M	$39.00M	$48.20M	$43.30M	$58.20M	$50.30M	$51.00M	$46.80M	$33.90M	$31.80M	$28.20M	$25.20M	$23.50M	$17.70M	$13.30M	$16.40M	$14.90M
YoY Change	17.58%	6.07%	31.67%	-21.34%	14.76%	78.32%	9.33%	17.94%	15.48%	34.44%	-28.16%	0.85%	12.64%	-73.23%	862.33%	-35.57%	67.61%	-43.8%	-7.79%	5.38%	-19.09%	11.32%	-25.6%	15.71%	-1.37%	8.97%	38.05%	6.6%	12.77%	11.9%	7.23%	32.77%	33.08%	-18.9%	10.07%	17.32%
Net Earnings / Revenue	28.33%	37.2%	42.46%	29.68%	32.6%	31.94%	29.06%	28.93%	27.83%	26.22%	19.72%	23.96%	21.61%	17.25%	94.9%
Basic Earnings Per Share	$2.72	$2.33	$2.16	$1.60	$2.01	$1.95	$1.57	$1.45	$1.23	$1.11	$0.84	$1.16	$1.16	$1.01	$4.84
Diluted Earnings Per Share	$2.69	$2.301M	$2.14	$1.59	$2.00	$1.93	$1.56	$1.43	$1.21	$1.09	$0.83	$1.14	$1.14	$0.99	$4.78	$613.3K	$927.3K	$537.9K	$877.3K	$936.2K	$878.4K	$1.048M	$911.6K	$1.190M	$1.020M	$1.030M	$945.5K	$828.9K	$826.0K	$750.0K	$672.0K	$620.1K	$490.3K	$383.3K	$472.6K	$447.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$348.0M	$280.8M	$324.0M	$271.0M	$273.0M	$216.0M	$125.0M	$132.0M	$137.0M	$141.0M	$137.0M	$147.0M	$138.0M	$118.0M	$107.0M	$84.00M	$79.00M	$80.00M	$73.00M	$66.00M	$59.00M	$56.00M	$61.00M	$58.00M	$59.00M	$58.00M	$47.00M	$43.00M	$40.00M	$38.00M	$37.00M	$34.00M	$34.00M	$27.00M	$23.00M	$21.00M
YoY Change	23.91%	-13.33%	19.56%	-0.73%	26.39%	72.8%	-5.3%	-3.65%	-2.84%	2.92%	-6.8%	6.52%	16.95%	10.28%	27.38%	6.33%	-1.25%	9.59%	10.61%	11.86%	5.36%	-8.2%	5.17%	-1.69%	1.72%	23.4%	9.3%	7.5%	5.26%	2.7%	8.82%	0.0%	25.93%	17.39%	9.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments				$4.000M
YoY Change
Other Assets																			$0.00	$105.0M	$6.000M	$4.000M	$0.00	$1.000M	$8.000M	$3.000M	$3.000M	$3.000M	$3.000M	$6.000M	$6.000M	$5.000M		$0.00	$0.00	$0.00
YoY Change																			-100.0%	1650.0%	50.0%		-100.0%	-87.5%	166.67%	0.0%	0.0%	0.0%	-50.0%	0.0%	20.0%
Total Long-Term Assets
YoY Change
Total Assets	$17.53B	$17.00B	$16.33B	$15.97B	$14.51B	$13.99B	$8.897B	$8.438B	$8.147B	$7.218B	$6.417B	$6.497B	$6.672B	$6.250B	$6.658B	$3.699B	$3.369B	$3.302B	$3.691B	$3.917B	$3.956B	$3.730B	$3.855B	$3.933B	$3.941B	$3.539B	$2.636B	$2.262B	$2.103B	$1.923B	$1.811B	$1.697B	$1.742B	$1.455B	$1.293B	$1.155B
YoY Change
Accounts Payable	$622.2M	$626.9M	$425.0M	$445.0M	$258.0M	$142.0M	$137.0M	$119.0M	$100.0M	$68.00M	$88.00M	$131.0M	$140.0M	$197.0M	$194.0M	$44.00M	$34.00M	$27.00M	$36.00M	$33.00M	$32.00M	$35.00M	$30.00M	$34.00M	$33.00M	$33.00M	$26.00M	$23.00M	$22.00M	$59.00M	$19.00M	$12.00M	$13.00M	$12.00M	$12.00M	$9.000M
YoY Change	-0.76%	47.51%	-4.49%	72.48%	81.69%	3.65%	15.13%	19.0%	47.06%	-22.73%	-32.82%	-6.43%	-28.93%	1.55%	340.91%	29.41%	25.93%	-25.0%	9.09%	3.13%	-8.57%	16.67%	-11.76%	3.03%	0.0%	26.92%	13.04%	4.55%	-62.71%	210.53%	58.33%	-7.69%	8.33%	0.0%	33.33%
Accrued Expenses	$64.50M	$64.50M	$68.00M	$72.00M	$64.00M
YoY Change	0.0%	-5.15%	-5.56%	12.5%
Deferred Revenue
YoY Change
Short-Term Debt	$137.8M	$157.2M	$71.00M	$167.0M	$165.0M	$184.0M	$72.00M	$120.0M	$89.00M	$103.0M	$95.00M	$123.0M	$99.00M	$60.00M	$37.00M	$205.0M	$98.00M	$97.00M	$112.0M	$70.00M	$109.0M	$95.00M	$93.00M	$61.00M	$88.00M	$60.00M	$50.00M	$37.00M	$48.00M	$82.00M	$26.00M	$27.00M	$24.00M	$23.00M	$21.00M	$39.00M
YoY Change	-12.31%	121.35%	-57.49%	1.21%	-10.33%	155.56%	-40.0%	34.83%	-13.59%	8.42%	-22.76%	24.24%	65.0%	62.16%	-81.95%	109.18%	1.03%	-13.39%	60.0%	-35.78%	14.74%	2.15%	52.46%	-30.68%	46.67%	20.0%	35.14%	-22.92%	-41.46%	215.38%	-3.7%	12.5%	4.35%	9.52%	-46.15%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$760.0M	$626.9M	$493.0M	$517.0M	$322.0M	$142.0M	$137.0M	$119.0M	$100.0M	$68.00M	$88.00M	$131.0M	$140.0M	$197.0M	$194.0M	$44.00M	$34.00M	$27.00M	$36.00M	$33.00M	$32.00M	$35.00M	$30.00M	$34.00M	$33.00M	$33.00M	$26.00M	$23.00M	$22.00M	$59.00M	$19.00M	$12.00M	$13.00M	$12.00M	$12.00M	$9.000M
YoY Change	21.23%	27.17%	-4.64%	60.56%	126.76%	3.65%	15.13%	19.0%	47.06%	-22.73%	-32.82%	-6.43%	-28.93%	1.55%	340.91%	29.41%	25.93%	-25.0%	9.09%	3.13%	-8.57%	16.67%	-11.76%	3.03%	0.0%	26.92%	13.04%	4.55%	-62.71%	210.53%	58.33%	-7.69%	8.33%	0.0%	33.33%
Long-Term Debt	$344.1M	$346.7M	$410.0M	$321.0M	$172.0M	$571.0M	$120.0M	$120.0M	$120.0M	$48.00M	$61.00M	$75.00M	$77.00M	$150.0M	$425.0M	$169.0M	$21.00M	$31.00M	$31.00M	$31.00M	$30.00M	$10.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-0.74%	-15.45%	27.73%	86.63%	-69.88%	375.83%	0.0%	0.0%	150.0%	-21.31%	-18.67%	-2.6%	-48.67%	-64.71%	151.48%	704.76%	-32.26%	0.0%	0.0%	3.33%	200.0%
Other Long-Term Liabilities					$1.000M	$15.00M													$0.00	$97.00M
YoY Change					-93.33%														-100.0%
Total Long-Term Liabilities	$344.1M	$346.7M	$410.0M	$321.0M	$173.0M	$586.0M	$120.0M	$120.0M	$120.0M	$48.00M	$61.00M	$75.00M	$77.00M	$150.0M	$425.0M	$169.0M	$21.00M	$31.00M	$31.00M	$128.0M	$30.00M	$10.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-0.74%	-15.45%	27.73%	85.55%	-70.48%	388.33%	0.0%	0.0%	150.0%	-21.31%	-18.67%	-2.6%	-48.67%	-64.71%	151.48%	704.76%	-32.26%	0.0%	-75.78%	326.67%	200.0%
Total Liabilities	$15.26B	$14.96B	$14.07B	$13.69B	$12.26B	$11.91B	$7.966B	$7.573B	$7.338B	$6.434B	$5.735B	$5.787B	$5.959B	$5.553B	$6.008B	$3.351B	$3.093B	$3.016B	$3.391B	$3.545B	$3.590B	$3.352B	$3.470B	$3.537B	$3.568B	$3.181B	$2.350B	$2.003B	$1.869B	$1.728B	$1.629B	$1.541B	$1.597B	$1.325B	$1.174B	$1.057B
YoY Change	2.03%	6.34%	2.77%	11.64%	2.99%	49.49%	5.19%	3.2%	14.05%	12.19%	-0.9%	-2.89%	7.31%	-7.57%	79.29%	8.34%	2.55%	-11.06%	-4.34%	-1.25%	7.1%	-3.4%	-1.89%	-0.87%	12.17%	35.36%	17.32%	7.17%	8.16%	6.08%	5.71%	-3.51%	20.53%	12.86%	11.07%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	93.94M shares	93.53M shares	95.03M shares	97.36M shares	98.31M shares	88.58M shares	61.53M shares	61.21M shares	61.06M shares	58.66M shares	57.27M shares	57.88M shares	57.69M shares	56.97M shares	45.03M shares
Diluted Shares Outstanding	95.10M shares	94.59M shares	95.90M shares	98.09M shares	98.85M shares	89.61M shares	62.17M shares	61.99M shares	61.85M shares	59.39M shares	58.07M shares	58.87M shares	58.69M shares	57.99M shares	45.56M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.7816 Billion

About First Financial Bancorp

First Financial Bancorp operates as a bank holding company. The company is headquartered in Cincinnati, Ohio and currently employs 2,165 full-time employees. is a mid-sized, regional bank holding company. The firm is engaged in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary, First Financial Bank (the Bank). The firm provides a range of banking services to individuals and businesses, including commercial lending, real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property (one to four family residential housing units) or commercial property (owner-occupied and/or investor income producing real estate). In addition, the Company offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for commercial customers. The company also provides a full range of trust and wealth management services through First Financials Wealth Management line of business.

Industry: National Commercial Banks Peers: Banner Corp Columbia Banking System Inc First Merchants Corp Park National Corp PNC Financial Services Group Inc /entities/siclq Stock Yards Bancorp Inc WaFd Inc WesBanco Inc