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First Financial Bancorp (FFBC) Could Be a Great Choice
FFBCFirst Financial Bancorp.(FFBC) ZACKS·2025-02-21 17:50

Company Overview - First Financial Bancorp (FFBC) is based in Cincinnati and operates in the Finance sector, with a year-to-date share price change of 2.34% [3] - The company currently pays a dividend of 0.24pershare,resultinginadividendyieldof3.490.24 per share, resulting in a dividend yield of 3.49%, which is higher than the Banks - Midwest industry's yield of 2.96% and the S&P 500's yield of 1.52% [3] Dividend Performance - The annualized dividend of 0.96 represents a 2.1% increase from the previous year [4] - Over the past 5 years, FFBC has increased its dividend once on a year-over-year basis, with an average annual increase of 0.46% [4] - The current payout ratio is 37%, indicating that the company paid out 37% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate projects earnings of $2.64 per share, reflecting an expected increase of 0.76% from the previous year [5] Investment Appeal - FFBC is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7]