First Financial Corp - Understand $thff stock

$THFF Market Cap: $587.5 Million

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Financial Snapshot

Revenue

$191.9M

TTM

Gross Margin

Net Earnings

$43.45M

TTM

Current Assets

Current Liabilities

$84.36M

Q3 2024

Current Ratio

Total Assets

$5.483B

Q3 2024

Total Liabilities

$4.917B

Q3 2024

Book Value

$566.0M

Q3 2024

Cash

$77.31M

Q3 2024

P/E

13.52

Nov 14, 2024 EST

Free Cash Flow

$38.55M

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
Revenue	$228.4M	$183.3M	$152.2M	$160.5M	$149.1M	$126.2M	$114.2M	$109.4M	$108.7M	$113.4M	$116.2M	$122.3M	$116.3M	$123.6M	$126.3M
YoY Change	24.6%	20.44%	-5.16%	7.62%	18.14%	10.53%	4.4%	0.65%	-4.13%	-2.46%	-4.97%	5.13%	-5.86%	-2.12%

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	$228.4M	$183.3M	$152.2M	$160.5M	$149.1M	$126.2M	$114.2M	$109.4M	$108.7M	$113.4M	$116.2M	$122.3M	$116.3M	$123.6M	$126.3M
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
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.400M	$4.800M	$4.600M	$4.400M	$3.900M	$3.700M	$3.950M	$4.340M	$4.660M	$4.980M	$4.290M	$3.740M	$3.897M	$4.643M	$4.199M	$3.540M	$3.440M	$3.520M	$3.360M	$3.180M	$2.880M	$2.950M	$3.500M	$3.320M	$2.870M	$2.540M	$2.500M	$2.540M	$2.480M	$2.640M	$2.250M	$1.970M	$1.750M	$1.410M
YoY Change	12.5%	4.35%	4.55%	12.82%	5.41%	-6.33%	-8.99%	-6.87%	-6.43%	16.08%	14.71%	-4.03%	-16.07%	10.57%	18.62%	2.91%	-2.27%	4.76%	5.66%	10.42%	-2.37%	-15.71%	5.42%	15.68%	12.99%	1.6%	-1.57%	2.42%	-6.06%	17.33%	14.21%	12.57%	24.11%	15.57%
% 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	$61.14M	$18.26M	$8.797M	$14.14M	$17.47M	$9.645M	$6.338M	$4.407M	$4.169M	$5.526M	$8.961M	$13.39M	$17.15M	$26.97M	$39.26M
YoY Change	234.82%	107.56%	-37.78%	-19.06%	81.12%	52.18%	43.82%	5.71%	-24.56%	-38.33%	-33.09%	-21.89%	-36.41%	-31.32%
% 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
Pretax Income	$72.49M	$87.76M	$65.61M	$65.54M	$61.00M	$57.73M	$49.75M	$58.30M	$40.59M	$47.96M	$45.30M	$46.63M	$51.59M	$40.01M	$30.28M	$32.60M	$35.00M	$30.90M	$31.00M	$36.00M	$35.30M	$35.80M	$32.10M	$32.30M	$30.50M	$25.40M	$24.20M	$22.10M	$18.90M	$18.20M	$17.30M	$17.90M	$13.50M	$8.000M
YoY Change	-17.4%	33.75%	0.12%	7.44%	5.67%	16.03%	-14.65%	43.63%	-15.37%	5.87%	-2.85%	-9.62%	28.94%	32.16%	-7.13%	-6.86%	13.27%	-0.32%	-13.89%	1.98%	-1.4%	11.53%	-0.62%	5.9%	20.08%	4.96%	9.5%	16.93%	3.85%	5.2%	-3.35%	32.59%	68.75%	31.15%
Income Tax	$11.82M	$16.65M	$12.63M	$11.69M	$12.13M	$11.15M	$20.62M	$19.88M	$10.39M	$14.19M	$13.77M	$13.82M	$14.40M	$11.97M	$7.555M	$7.800M	$9.400M	$7.400M	$7.900M	$8.000M	$8.800M	$7.200M	$7.900M	$9.100M	$8.900M	$6.800M	$6.100M	$6.200M	$5.000M	$4.900M	$4.400M	$5.400M	$4.100M	$1.600M
% Of Pretax Income	16.31%	18.97%	19.24%	17.84%	19.88%	19.31%	41.45%	34.11%	25.6%	29.58%	30.39%	29.63%	27.91%	29.91%	24.95%	23.93%	26.86%	23.95%	25.48%	22.22%	24.93%	20.11%	24.61%	28.17%	29.18%	26.77%	25.21%	28.05%	26.46%	26.92%	25.43%	30.17%	30.37%	20.0%
Net Earnings	$60.67M	$71.11M	$52.99M	$53.84M	$48.87M	$46.58M	$29.13M	$38.41M	$30.20M	$33.77M	$31.53M	$32.81M	$37.20M	$28.00M	$22.70M	$24.80M	$25.60M	$23.50M	$23.10M	$28.00M	$26.50M	$28.60M	$24.20M	$23.20M	$21.60M	$18.60M	$18.10M	$16.00M	$13.90M	$13.30M	$12.90M	$12.50M	$9.300M	$6.400M
YoY Change	-14.68%	34.2%	-1.59%	10.17%	4.91%	59.91%	-24.16%	27.21%	-10.59%	7.1%	-3.89%	-11.78%	32.84%	23.35%	-8.47%	-3.13%	8.94%	1.73%	-17.5%	5.66%	-7.34%	18.18%	4.31%	7.41%	16.13%	2.76%	13.13%	15.11%	4.51%	3.1%	3.2%	34.41%	45.31%	3.23%
Net Earnings / Revenue	26.56%	38.79%	34.81%	33.55%	32.77%	36.91%	25.51%	35.12%	27.79%	29.79%	27.13%	26.83%	31.97%	22.66%	17.98%
Basic Earnings Per Share	$5.08	$5.82	$4.02	$3.93
Diluted Earnings Per Share	$5.08	$5.82	$4.015M	$3.927M	$3.791M	$3.789M	$2.385M	$3.122M	$2.359M	$2.561M	$2.368M	$2.485M	$2.818M	$2.137M	$1.733M	$1.893M	$1.939M	$1.767M	$1.724M	$2.074M	$1.949M	$2.088M	$1.779M	$1.719M	$1.554M	$1.292M	$1.293M	$1.143M	$992.9K	$943.3K	$1.008M	$984.3K	$738.1K	$587.2K

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
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	$67.29M	$66.15M	$69.50M	$62.10M	$62.60M	$46.60M	$48.30M	$49.20M	$50.50M	$51.80M	$51.40M	$47.30M	$40.10M	$34.70M	$35.60M	$32.10M	$32.60M	$33.30M	$31.30M	$31.20M	$29.30M	$29.80M	$26.20M	$26.40M	$26.10M	$24.40M	$24.90M	$26.10M	$25.60M	$20.00M	$19.00M	$18.70M	$17.00M	$16.20M
YoY Change	1.72%	-4.82%	11.92%	-0.8%	34.33%	-3.52%	-1.83%	-2.57%	-2.51%	0.78%	8.67%	17.96%	15.56%	-2.53%	10.9%	-1.53%	-2.1%	6.39%	0.32%	6.48%	-1.68%	13.74%	-0.76%	1.15%	6.97%	-2.01%	-4.6%	1.95%	28.0%	5.26%	1.6%	10.0%	4.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$4.851B	$4.989B	$5.175B	$4.558B	$4.023B	$3.009B	$3.001B	$2.989B	$2.980B	$3.003B	$3.019B	$2.895B	$2.954B	$2.451B	$2.519B	$2.303B	$2.232B	$2.176B	$2.137B	$2.184B	$2.223B	$2.170B	$2.042B	$2.043B	$1.905B	$1.850B	$1.635B	$1.620B	$1.545B	$1.260B	$1.242B	$1.199B	$1.006B	$883.5M
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$67.22M	$70.88M	$93.40M	$116.1M	$80.10M	$69.70M	$57.70M	$81.00M	$33.80M	$48.00M	$59.60M	$40.60M	$100.0M	$34.10M	$30.40M	$21.50M	$27.30M	$16.20M	$26.20M	$75.50M	$68.60M	$34.40M	$54.60M	$18.70M	$63.50M	$100.6M	$47.00M	$62.40M	$69.70M	$66.70M	$71.60M	$72.40M	$43.70M	$33.00M
YoY Change	-5.16%	-24.12%	-19.55%	44.94%	14.92%	20.8%	-28.77%	139.64%	-29.58%	-19.46%	46.8%	-59.4%	193.26%	12.17%	41.4%	-21.25%	68.52%	-38.17%	-65.3%	10.06%	99.42%	-37.0%	191.98%	-70.55%	-36.88%	114.04%	-24.68%	-10.47%	4.5%	-6.84%	-1.1%	65.68%	32.42%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$67.22M	$70.88M	$93.40M	$116.1M	$80.10M	$69.70M	$57.70M	$81.00M	$33.80M	$48.00M	$59.60M	$40.60M	$100.0M	$34.10M	$30.40M	$21.50M	$27.30M	$16.20M	$26.20M	$75.50M	$68.60M	$34.40M	$54.60M	$18.70M	$63.50M	$100.6M	$47.00M	$62.40M	$69.70M	$66.70M	$71.60M	$72.40M	$43.70M	$33.00M
YoY Change	-5.16%	-24.12%	-19.55%	44.94%	14.92%	20.8%	-28.77%	139.64%	-29.58%	-19.46%	46.8%	-59.4%	193.26%	12.17%	41.4%	-21.25%	68.52%	-38.17%	-65.3%	10.06%	99.42%	-37.0%	191.98%	-70.55%	-36.88%	114.04%	-24.68%	-10.47%	4.5%	-6.84%	-1.1%	65.68%	32.42%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$10.20M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$6.600M	$6.600M	$6.600M	$6.600M	$6.600M	$24.60M	$24.60M	$26.10M	$6.600M	$6.600M	$6.600M	$6.600M	$6.600M	$6.600M	$6.700M	$7.500M	$7.700M	$8.000M	$0.00	$7.800M
YoY Change				-100.0%										-100.0%	0.0%	0.0%	0.0%	0.0%	-73.17%	0.0%	-5.75%	295.45%	0.0%	0.0%	0.0%	0.0%	0.0%	-1.49%	-10.67%	-2.6%	-3.75%		-100.0%
Other Long-Term Liabilities	$57.30M	$64.65M	$73.60M	$82.70M	$79.20M	$59.60M	$70.80M	$64.50M	$80.40M	$90.20M	$55.90M	$86.90M	$86.20M	$66.40M	$59.40M	$45.70M	$51.50M	$44.00M	$32.60M	$34.50M	$36.60M	$35.50M	$30.10M	$21.70M	$34.60M	$21.50M	$18.70M	$15.70M	$16.20M	$10.20M	$7.600M	$11.00M	$7.800M	$6.600M
YoY Change	-11.37%	-12.16%	-11.0%	4.42%	32.89%	-15.82%	9.77%	-19.78%	-10.86%	61.36%	-35.67%	0.81%	29.82%	11.78%	29.98%	-11.26%	17.05%	34.97%	-5.51%	-5.74%	3.1%	17.94%	38.71%	-37.28%	60.93%	14.97%	19.11%	-3.09%	58.82%	34.21%	-30.91%	41.03%	18.18%
Total Long-Term Liabilities	$57.30M	$64.65M	$73.60M	$82.70M	$89.40M	$59.60M	$70.80M	$64.50M	$80.40M	$90.20M	$55.90M	$86.90M	$86.20M	$66.40M	$66.00M	$52.30M	$58.10M	$50.60M	$39.20M	$59.10M	$61.20M	$61.60M	$36.70M	$28.30M	$41.20M	$28.10M	$25.30M	$22.30M	$22.90M	$17.70M	$15.30M	$19.00M	$7.800M	$14.40M
YoY Change	-11.37%	-12.16%	-11.0%	-7.49%	50.0%	-15.82%	9.77%	-19.78%	-10.86%	61.36%	-35.67%	0.81%	29.82%	0.61%	26.2%	-9.98%	14.82%	29.08%	-33.67%	-3.43%	-0.65%	67.85%	29.68%	-31.31%	46.62%	11.07%	13.45%	-2.62%	29.38%	15.69%	-19.47%	143.59%	-45.83%
Total Liabilities	$4.323B	$4.514B	$4.593B	$3.961B	$3.466B	$2.566B	$2.587B	$2.574B	$2.569B	$2.608B	$2.633B	$2.523B	$2.607B	$2.129B	$2.212B	$2.016B	$1.950B	$1.905B	$1.868B	$1.916B	$1.968B	$1.928B	$1.824B	$1.852B	$1.737B	$1.668B	$1.470B	$1.469B	$1.405B	$1.148B	$1.131B	$1.105B	$932.4M	$815.2M
YoY Change	-4.23%	-1.71%	15.95%	14.28%	35.06%	-0.82%	0.51%	0.19%	-1.5%	-0.92%	4.33%	-3.21%	22.43%	-3.74%	9.74%	3.38%	2.37%	1.99%	-2.51%	-2.65%	2.07%	5.67%	-1.49%	6.65%	4.13%	13.48%	0.01%	4.56%	22.46%	1.45%	2.33%	18.54%	14.38%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2011	2010	2009
Basic Shares Outstanding	11.94M	12.21M	13.19M	13.72M	13.16M shares	13.12M shares	13.12M shares
Diluted Shares Outstanding	11.94M	12.21M	13.19M	13.72M
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: $587.46 Million

About First Financial Corp

First Financial Corp. is a holding company, which engages in providing financial services. The company is headquartered in Terre Haute, Indiana and currently employs 861 full-time employees. (the Bank). The company offers a variety of financial services including commercial, mortgage and consumer lending, lease financing, trust account services and depositor services through its subsidiary. The Bank's loan portfolio includes commercial loans, real estate mortgages and consumer loans. Its commercial loans are predominately loans to expand a business or finance asset purchases. Its real estate mortgages are secured by 1-4 family residences and are generally owner-occupied and include residential real estate and residential real estate construction loans. Its consumer portfolio primarily consists of home equity loans and lines (typically secured by a subordinate lien on a 1-4 family residence), secured loans (typically secured by automobiles, boats, recreational vehicles, or motorcycles), cash/CD secured, and unsecured loans. The Bank has 70 banking centers in Illinois, Indiana, Kentucky and Tennessee.

Industry: State Commercial Banks Peers: CAMBRIDGE BANCORP Capital City Bank Group Inc Central Pacific Financial Corp First Community Bankshares Inc Flushing Financial Corp HomeStreet Inc Midland States Bancorp Inc Old Second Bancorp Inc Peapack-Gladstone Financial Corp PNC Financial Services Group Inc