25.76 USD
-0.05 (-0.19%)
25.76 USD
0 (0%)
FFBC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 387 industry peers in the Banks industry. FFBC has a medium profitability rating, but doesn't score so well on its financial health evaluation. FFBC is valued quite cheap, while showing a decent growth score. This is a good combination! Finally FFBC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
FFBC had positive earnings in the past year.
In the past year FFBC had a positive cash flow from operations.
FFBC had positive earnings in each of the past 5 years.
FFBC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FFBC has a better Return On Assets (1.39%) than 86.05% of its industry peers.
FFBC has a Return On Equity of 9.81%. This is in the better half of the industry: FFBC outperforms 62.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 9.81% | ||
| ROIC | N/A |
ROA(3y)1.32%
ROA(5y)1.24%
ROE(3y)10.44%
ROE(5y)9.45%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 29.18%, FFBC is doing good in the industry, outperforming 76.49% of the companies in the same industry.
FFBC's Profit Margin has declined in the last couple of years.
FFBC does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.18% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.94%
PM growth 5Y-3.17%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FFBC does not have a ROIC to compare to the WACC, probably because it is not profitable.
FFBC has more shares outstanding than it did 1 year ago.
FFBC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for FFBC has been reduced compared to a year ago.
2.2 Solvency
FFBC has a debt to FCF ratio of 0.99. This is a very positive value and a sign of high solvency as it would only need 0.99 years to pay back of all of its debts.
FFBC has a better Debt to FCF ratio (0.99) than 66.67% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that FFBC is not too dependend on debt financing.
FFBC's Debt to Equity ratio of 0.10 is fine compared to the rest of the industry. FFBC outperforms 67.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.99 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.85%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
FFBC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.38%, which is quite good.
The Earnings Per Share has been growing slightly by 2.32% on average over the past years.
The Revenue has grown by 8.98% in the past year. This is quite good.
The Revenue has been growing slightly by 6.30% on average over the past years.
EPS 1Y (TTM)16.38%
EPS 3Y4.39%
EPS 5Y2.32%
EPS Q2Q%36.36%
Revenue 1Y (TTM)8.98%
Revenue growth 3Y10.25%
Revenue growth 5Y6.3%
Sales Q2Q%6.39%
3.2 Future
Based on estimates for the next years, FFBC will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.25% on average per year.
Based on estimates for the next years, FFBC will show a quite strong growth in Revenue. The Revenue will grow by 10.75% on average per year.
EPS Next Y17.19%
EPS Next 2Y14.94%
EPS Next 3Y12.25%
EPS Next 5YN/A
Revenue Next Year8.35%
Revenue Next 2Y13.92%
Revenue Next 3Y10.75%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.54, which indicates a very decent valuation of FFBC.
Based on the Price/Earnings ratio, FFBC is valued cheaply inside the industry as 83.46% of the companies are valued more expensively.
FFBC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.49.
The Price/Forward Earnings ratio is 8.12, which indicates a very decent valuation of FFBC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FFBC indicates a rather cheap valuation: FFBC is cheaper than 85.27% of the companies listed in the same industry.
FFBC is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.54 | ||
| Fwd PE | 8.12 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, FFBC is valued a bit cheaper than 70.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.4 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
FFBC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FFBC's earnings are expected to grow with 12.25% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.55
PEG (5Y)4.11
EPS Next 2Y14.94%
EPS Next 3Y12.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.87%, FFBC has a reasonable but not impressive dividend return.
FFBC's Dividend Yield is a higher than the industry average which is at 3.11.
Compared to an average S&P500 Dividend Yield of 2.31, FFBC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
5.2 History
The dividend of FFBC has a limited annual growth rate of 0.66%.
FFBC has paid a dividend for at least 10 years, which is a reliable track record.
FFBC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.66%
Div Incr Years1
Div Non Decr Years10
5.3 Sustainability
FFBC pays out 36.11% of its income as dividend. This is a sustainable payout ratio.
FFBC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.11%
EPS Next 2Y14.94%
EPS Next 3Y12.25%
25.76
-0.05 (-0.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners79.85%
Inst Owner Change1.65%
Ins Owners0.98%
Ins Owner Change-0.46%
Market Cap2.54B
Revenue(TTM)884.98M
Net Income(TTM)258.21M
Analysts76.92
Price Target30.43 (18.13%)
Short Float %2.49%
Short Ratio5.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
Yearly Dividend0.94
Dividend Growth(5Y)0.66%
DP36.11%
Div Incr Years1
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.53%
Min EPS beat(2)-2.18%
Max EPS beat(2)5.25%
EPS beat(4)2
Avg EPS beat(4)-2.59%
Min EPS beat(4)-15.7%
Max EPS beat(4)5.25%
EPS beat(8)3
Avg EPS beat(8)-4.75%
EPS beat(12)6
Avg EPS beat(12)-2.72%
EPS beat(16)8
Avg EPS beat(16)-1.8%
Revenue beat(2)1
Avg Revenue beat(2)-3.82%
Min Revenue beat(2)-8.52%
Max Revenue beat(2)0.88%
Revenue beat(4)2
Avg Revenue beat(4)-3.67%
Min Revenue beat(4)-8.64%
Max Revenue beat(4)1.61%
Revenue beat(8)3
Avg Revenue beat(8)-3.75%
Revenue beat(12)5
Avg Revenue beat(12)-2.05%
Revenue beat(16)6
Avg Revenue beat(16)-1.8%
PT rev (1m)0%
PT rev (3m)0.79%
EPS NQ rev (1m)10.69%
EPS NQ rev (3m)-5.31%
EPS NY rev (1m)-1.16%
EPS NY rev (3m)3.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.03%
Revenue NY rev (1m)-0.5%
Revenue NY rev (3m)1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.54 | ||
| Fwd PE | 8.12 | ||
| P/S | 2.87 | ||
| P/FCF | 9.4 | ||
| P/OCF | 8.76 | ||
| P/B | 0.96 | ||
| P/tB | 1.64 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.7
EY10.48%
EPS(NY)3.17
Fwd EY12.31%
FCF(TTM)2.74
FCFY10.64%
OCF(TTM)2.94
OCFY11.41%
SpS8.98
BVpS26.71
TBVpS15.74
PEG (NY)0.55
PEG (5Y)4.11
Graham Number40.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.39% | ||
| ROE | 9.81% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.18% | ||
| GM | N/A | ||
| FCFM | 30.51% |
ROA(3y)1.32%
ROA(5y)1.24%
ROE(3y)10.44%
ROE(5y)9.45%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.94%
PM growth 5Y-3.17%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.99 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 67.83% | ||
| Cap/Sales | 2.23% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 104.56% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC14.85%
ROIC/WACCN/A
Cap/Depr(3y)64.7%
Cap/Depr(5y)58.27%
Cap/Sales(3y)2.45%
Cap/Sales(5y)2.47%
Profit Quality(3y)124.06%
Profit Quality(5y)123%
High Growth Momentum
Growth
EPS 1Y (TTM)16.38%
EPS 3Y4.39%
EPS 5Y2.32%
EPS Q2Q%36.36%
EPS Next Y17.19%
EPS Next 2Y14.94%
EPS Next 3Y12.25%
EPS Next 5YN/A
Revenue 1Y (TTM)8.98%
Revenue growth 3Y10.25%
Revenue growth 5Y6.3%
Sales Q2Q%6.39%
Revenue Next Year8.35%
Revenue Next 2Y13.92%
Revenue Next 3Y10.75%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-28.06%
FCF growth 3Y-13.71%
FCF growth 5Y7.83%
OCF growth 1Y-27.1%
OCF growth 3Y-12.44%
OCF growth 5Y7.07%
FIRST FINANCIAL BANCORP / FFBC FAQ
What is the ChartMill fundamental rating of FIRST FINANCIAL BANCORP (FFBC) stock?
ChartMill assigns a fundamental rating of 5 / 10 to FFBC.
What is the valuation status for FFBC stock?
ChartMill assigns a valuation rating of 7 / 10 to FIRST FINANCIAL BANCORP (FFBC). This can be considered as Undervalued.
What is the profitability of FFBC stock?
FIRST FINANCIAL BANCORP (FFBC) has a profitability rating of 4 / 10.
What are the PE and PB ratios of FIRST FINANCIAL BANCORP (FFBC) stock?
The Price/Earnings (PE) ratio for FIRST FINANCIAL BANCORP (FFBC) is 9.54 and the Price/Book (PB) ratio is 0.96.
What is the financial health of FIRST FINANCIAL BANCORP (FFBC) stock?
The financial health rating of FIRST FINANCIAL BANCORP (FFBC) is 3 / 10.