First Financial (NASDAQ:THFF) Announces Quarterly Earnings Results

First Financial (NASDAQ:THFF - Get Free Report) announced its quarterly earnings data on Tuesday. The bank reported $0.74 EPS for the quarter, missing analysts' consensus estimates of $0.91 by ($0.17), Yahoo Finance reports. The firm had revenue of $82.92 million for the quarter, compared to analysts' expectations of $57.95 million. First Financial had a return on equity of 9.95% and a net margin of 18.22%.

First Financial Price Performance

THFF stock traded down $0.26 on Wednesday, reaching $42.61. 38,675 shares of the company's stock were exchanged, compared to its average volume of 43,897. The stock has a fifty day moving average of $43.30 and a 200-day moving average of $40.08. The firm has a market cap of $503.39 million, a PE ratio of 9.09 and a beta of 0.47. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.20. First Financial has a twelve month low of $32.01 and a twelve month high of $47.00.

First Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.22%. First Financial's dividend payout ratio (DPR) is presently 38.38%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods boosted their price target on shares of First Financial from $43.00 to $45.00 and gave the stock a "market perform" rating in a research note on Thursday, July 25th.

About First Financial

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.