First Financial (NASDAQ:THFF) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Posted by Jeff Wilder on Feb 4th, 2025

First Financial (NASDAQ:THFF – Get Free Report) posted its earnings results on Tuesday. The bank reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08, Zacks reports. First Financial had a net margin of 14.86% and a return on equity of 8.10%.

First Financial Stock Performance

Shares of THFF traded up $1.71 during midday trading on Tuesday, reaching $49.75. 11,914 shares of the stock were exchanged, compared to its average volume of 45,901. The stock’s 50 day simple moving average is $47.43 and its 200 day simple moving average is $45.28. The company has a market cap of $587.55 million, a P/E ratio of 13.48 and a beta of 0.50. First Financial has a twelve month low of $34.58 and a twelve month high of $51.87. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05.

First Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd were given a dividend of $0.51 per share. This is a boost from First Financial’s previous quarterly dividend of $0.45. The ex-dividend date was Friday, January 3rd. This represents a $2.04 annualized dividend and a yield of 4.10%. First Financial’s dividend payout ratio (DPR) is presently 55.28%.

Wall Street Analysts Forecast Growth

Separately, Raymond James raised shares of First Financial from a “market perform” rating to an “outperform” rating and set a $54.00 price target on the stock in a report on Thursday, December 19th.

Read Our Latest Stock Report on First Financial

About First Financial

(Get Free Report)

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.