First Financial (NASDAQ:THFF) Issues Earnings Results, Misses Estimates By $0.17 EPS

First Financial (NASDAQ:THFF) issued its quarterly earnings data on Tuesday. The bank reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.17), Yahoo Finance reports. The business had revenue of $82.92 million for the quarter, compared to the consensus estimate of $57.95 million. First Financial had a net margin of 14.86% and a return on equity of 8.25%.

First Financial Stock Performance

NASDAQ:THFF opened at $42.61 on Thursday. The firm has a market capitalization of $503.22 million, a PE ratio of 11.55 and a beta of 0.47. First Financial has a 1 year low of $32.01 and a 1 year high of $47.00. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.20. The firm’s fifty day simple moving average is $43.30 and its 200 day simple moving average is $40.08.

First Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date was Tuesday, October 1st. First Financial’s payout ratio is 48.78%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods boosted their price target on First Financial from $43.00 to $45.00 and gave the stock a “market perform” rating in a research report on Thursday, July 25th.

About First Financial

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.