First Financial Bancorp (FFBC) Meets Q1 Earnings Estimates

Core Viewpoint - First Financial Bancorp (FFBC) reported quarterly earnings of $0.63 per share, matching the Zacks Consensus Estimate, and showing an increase from$0.59 per share a year ago [1] Financial Performance - The company posted revenues of $201.59 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 5.53$195.25 million in the same quarter last year [2] - Over the last four quarters, First Financial has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - First Financial shares have declined approximately 11.4% since the beginning of the year, while the S&P 500 has decreased by 8.6% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.66 on revenues of$216.9 million, and for the current fiscal year, it is $2.64 on revenues of$873.2 million [7] - The estimate revisions trend for First Financial is mixed, and changes in estimates for the coming quarters and current fiscal year are anticipated following the recent earnings report [6][7] Industry Context - The Banks - Midwest industry, to which First Financial belongs, is currently in the top 10% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]