Analysts expect First Financial Corp (NASDAQ:THFF) to report earnings of $0.90 per share for the current fiscal quarter, Zacks reports. Two analysts have made estimates for First Financial’s earnings, with the highest EPS estimate coming in at $0.90 and the lowest estimate coming in at $0.89. First Financial posted earnings per share of $0.72 in the same quarter last year, which indicates a positive year over year growth rate of 25%. The company is scheduled to issue its next earnings report on Monday, October 22nd.
According to Zacks, analysts expect that First Financial will report full-year earnings of $3.76 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the business will report earnings of $3.49 per share, with EPS estimates ranging from $3.47 to $3.51. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow First Financial.
First Financial (NASDAQ:THFF) last posted its quarterly earnings data on Tuesday, July 24th. The bank reported $1.25 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.41. First Financial had a return on equity of 9.91% and a net margin of 22.50%. The business had revenue of $43.65 million during the quarter, compared to analysts’ expectations of $36.30 million.
Several equities analysts recently weighed in on the company. Zacks Investment Research raised First Financial from a “sell” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Thursday, June 28th. BidaskClub raised First Financial from a “sell” rating to a “hold” rating in a research report on Friday, June 22nd. Finally, ValuEngine raised First Financial from a “sell” rating to a “hold” rating in a research report on Tuesday, June 26th.
Shares of NASDAQ THFF remained flat at $$50.85 during trading hours on Monday. The company had a trading volume of 11,258 shares, compared to its average volume of 13,936. First Financial has a fifty-two week low of $39.55 and a fifty-two week high of $53.05. The firm has a market cap of $623.17 million, a PE ratio of 17.53 and a beta of 0.93.
A number of institutional investors have recently bought and sold shares of THFF. Wells Fargo & Company MN raised its holdings in First Financial by 9.0% in the 1st quarter. Wells Fargo & Company MN now owns 16,920 shares of the bank’s stock valued at $704,000 after acquiring an additional 1,400 shares in the last quarter. Wedge Capital Management L L P NC raised its holdings in First Financial by 27.3% in the 1st quarter. Wedge Capital Management L L P NC now owns 35,392 shares of the bank’s stock valued at $1,472,000 after acquiring an additional 7,592 shares in the last quarter. SG Americas Securities LLC acquired a new position in First Financial in the 1st quarter valued at approximately $172,000. Prudential Financial Inc. raised its holdings in First Financial by 2.7% in the 1st quarter. Prudential Financial Inc. now owns 139,992 shares of the bank’s stock valued at $5,824,000 after acquiring an additional 3,710 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in First Financial by 2.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 91,714 shares of the bank’s stock valued at $3,816,000 after acquiring an additional 1,828 shares in the last quarter. 54.52% of the stock is owned by hedge funds and other institutional investors.
About First Financial
First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.
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