First Historical Income Statement

FFBC Stock  USD 23.29  0.08  0.34%   
Historical analysis of First Financial income statement accounts such as EBITDA of 9.9 M or Total Operating Expenses of 152.6 M can show how well First Financial Bancorp performed in making a profits. Evaluating First Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining First Financial Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Financial Bancorp is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.

About First Income Statement Analysis

First Financial Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Financial shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Financial Income Statement Chart

First Financial Bancorp Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Financial Bancorp revenue and expense. First Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, First Financial's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 268.7 M, whereas Interest Expense is forecasted to decline to about 62.5 M.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in First Financial Bancorp financial statement analysis. It represents the amount of money remaining after all of First Financial Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts First Financial Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from First Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Financial Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.At present, First Financial's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 268.7 M, whereas Interest Expense is forecasted to decline to about 62.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit623.6M708.8M1.1B1.2B
Total Revenue623.6M708.8M1.1B1.2B

First Financial income statement Correlations

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0.21-0.62-0.62-0.580.790.210.610.750.150.40.40.290.34-0.02-0.030.480.080.650.10.220.37
0.4-0.621.01.0-0.850.13-0.13-0.450.09-0.15-0.150.07-0.34-0.310.34-0.160.35-0.410.150.05-0.21
0.4-0.621.01.0-0.850.13-0.13-0.450.09-0.15-0.150.07-0.34-0.310.34-0.160.35-0.410.150.05-0.21
0.45-0.581.01.0-0.820.19-0.05-0.370.15-0.08-0.080.14-0.3-0.370.39-0.090.4-0.370.20.11-0.16
-0.210.79-0.85-0.85-0.820.090.280.670.050.310.310.160.240.2-0.160.25-0.110.510.040.140.21
0.710.210.130.130.190.090.70.640.970.940.940.990.73-0.740.80.620.840.320.930.90.61
0.540.61-0.13-0.13-0.050.280.70.790.690.780.780.770.64-0.560.520.80.560.610.530.570.54
0.340.75-0.45-0.45-0.370.670.640.790.640.80.80.70.54-0.430.40.730.390.560.530.590.58
0.640.150.090.090.150.050.970.690.640.940.940.960.76-0.80.760.670.790.270.90.870.63
0.60.4-0.15-0.15-0.080.310.940.780.80.941.00.960.78-0.630.720.730.690.410.860.860.68
0.60.4-0.15-0.15-0.080.310.940.780.80.941.00.960.78-0.630.720.730.690.410.860.860.68
0.710.290.070.070.140.160.990.770.70.960.960.960.75-0.720.780.660.830.40.910.890.63
0.430.34-0.34-0.34-0.30.240.730.640.540.760.780.780.75-0.510.470.540.560.50.670.680.67
-0.56-0.02-0.31-0.31-0.370.2-0.74-0.56-0.43-0.8-0.63-0.63-0.72-0.51-0.55-0.6-0.75-0.17-0.67-0.64-0.46
0.64-0.030.340.340.39-0.160.80.520.40.760.720.720.780.47-0.550.610.70.370.880.850.52
0.430.48-0.16-0.16-0.090.250.620.80.730.670.730.730.660.54-0.60.610.490.510.590.650.56
0.830.080.350.350.4-0.110.840.560.390.790.690.690.830.56-0.750.70.490.370.870.860.67
0.260.65-0.41-0.41-0.370.510.320.610.560.270.410.410.40.5-0.170.370.510.370.380.470.55
0.730.10.150.150.20.040.930.530.530.90.860.860.910.67-0.670.880.590.870.380.990.72
0.750.220.050.050.110.140.90.570.590.870.860.860.890.68-0.640.850.650.860.470.990.79
0.690.37-0.21-0.21-0.160.210.610.540.580.630.680.680.630.67-0.460.520.560.670.550.720.79
Click cells to compare fundamentals

First Financial Account Relationship Matchups

First Financial income statement Accounts

201920202021202220232024 (projected)
Interest Expense123.3M68.5M31.1M65.9M73.2M62.5M
Other Operating Expenses372.8M(461.2M)(382.7M)(373.6M)796.6M836.5M
Operating Income242.9M184.4M240.9M335.2M(27.4M)(26.0M)
Ebit242.9M184.4M240.9M335.2M(27.4M)(26.0M)
Ebitda252.5M195.5M250.8M346.4M10.4M9.9M
Total Operating Expenses(372.8M)(461.2M)(382.7M)(373.6M)145.3M152.6M
Net Income198.1M155.8M205.2M217.6M255.9M268.7M
Income Tax Expense44.8M28.6M35.8M24.1M62.7M65.9M
Depreciation And Amortization9.7M11.1M9.8M11.2M37.8M39.7M
Selling General Administrative236.2M272.9M285.8M276.6M337.2M354.0M
Total Revenue615.6M645.6M623.6M708.8M1.1B1.2B
Gross Profit615.6M645.6M623.6M708.8M1.1B1.2B
Income Before Tax242.9M184.4M240.9M241.7M318.6M334.5M
Total Other Income Expense Net242.9M184.4M240.9M(93.5M)318.6M334.5M
Net Income Applicable To Common Shares198.1M155.8M205.2M217.6M250.3M262.8M
Selling And Marketing Expenses6.9M6.4M8.0M8.7M9.6M5.5M
Net Income From Continuing Ops287.6M213.0M205.2M217.6M268.2M196.5M
Tax Provision44.8M28.6M35.8M24.1M58.4M40.4M
Net Interest Income484.3M456.5M452.1M519.1M631.9M463.9M
Interest Income607.6M525.0M483.2M585.0M854.5M550.5M
Reconciled Depreciation28.1M33.3M9.8M11.2M37.6M24.7M

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When determining whether First Financial Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Financial Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Financial Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
Note that the First Financial Bancorp information on this page should be used as a complementary analysis to other First Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for First Stock analysis

When running First Financial's price analysis, check to measure First Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Financial is operating at the current time. Most of First Financial's value examination focuses on studying past and present price action to predict the probability of First Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Financial's price. Additionally, you may evaluate how the addition of First Financial to your portfolios can decrease your overall portfolio volatility.
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Is First Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Financial. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.92
Earnings Share
2.48
Revenue Per Share
8.254
Quarterly Revenue Growth
(0.1)
The market value of First Financial Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Financial's market value can be influenced by many factors that don't directly affect First Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.