First Financial (NASDAQ:THFF) Releases Quarterly Earnings Results

First Financial (NASDAQ:THFF) issued its quarterly earnings results on Tuesday. The bank reported $0.96 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.96, Zacks reports. The firm had revenue of $70.68 million during the quarter, compared to the consensus estimate of $51.95 million. First Financial had a return on equity of 11.04% and a net margin of 20.16%.

First Financial Trading Down 0.7 %

THFF traded down $0.31 during midday trading on Wednesday, reaching $45.30. 23,739 shares of the company’s stock traded hands, compared to its average volume of 46,627. The stock has a market capitalization of $534.99 million, a price-to-earnings ratio of 9.67 and a beta of 0.48. First Financial has a 52 week low of $31.74 and a 52 week high of $46.27. The firm has a fifty day moving average of $37.78 and a two-hundred day moving average of $37.91. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.77 and a quick ratio of 0.77.

First Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Monday, July 1st were issued a dividend of $0.45 per share. The ex-dividend date was Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.97%. First Financial’s dividend payout ratio is presently 38.38%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $43.00 price objective (down from $45.00) on shares of First Financial in a report on Wednesday, May 1st.

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.