First Financial Bancorp. (NASDAQ:FFBC – Get Rating) Director Vince Berta acquired 2,000 shares of the firm’s stock in a transaction dated Tuesday, April 26th. The shares were purchased at an average cost of $20.99 per share, for a total transaction of $41,980.00. Following the completion of the acquisition, the director now directly owns 27,494 shares in the company, valued at $577,099.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
NASDAQ:FFBC opened at $20.60 on Thursday. The stock’s fifty day moving average is $23.29 and its 200 day moving average is $24.24. First Financial Bancorp. has a fifty-two week low of $20.52 and a fifty-two week high of $26.83. The firm has a market capitalization of $1.95 billion, a PE ratio of 9.86 and a beta of 1.04. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.78 and a current ratio of 0.79.
First Financial Bancorp. (NASDAQ:FFBC – Get Rating) last released its quarterly earnings results on Thursday, April 21st. The bank reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.01. First Financial Bancorp. had a return on equity of 9.51% and a net margin of 30.78%. During the same quarter last year, the firm posted $0.50 EPS. Equities analysts forecast that First Financial Bancorp. will post 1.95 EPS for the current year.
Several research firms recently weighed in on FFBC. StockNews.com began coverage on First Financial Bancorp. in a report on Thursday, March 31st. They set a “hold” rating on the stock. Zacks Investment Research lowered First Financial Bancorp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 8th.
About First Financial Bancorp. (Get Rating)
First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers.
- Get a free copy of the StockNews.com research report on First Financial Bancorp. (FFBC)
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