First Financial (NASDAQ:THFF) Issues Earnings Results

First Financial (NASDAQ:THFF) posted its earnings results on Tuesday. The bank reported $0.96 EPS for the quarter, meeting analysts’ consensus estimates of $0.96, Zacks reports. First Financial had a return on equity of 10.07% and a net margin of 18.22%. The company had revenue of $70.68 million for the quarter, compared to the consensus estimate of $51.95 million.

First Financial Trading Up 5.4 %

NASDAQ:THFF traded up $2.37 on Thursday, reaching $46.62. The company’s stock had a trading volume of 13,490 shares, compared to its average volume of 46,630. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.11. The firm has a market cap of $550.58 million, a price-to-earnings ratio of 9.59 and a beta of 0.48. First Financial has a 12-month low of $31.74 and a 12-month high of $46.65. The stock has a 50 day moving average price of $37.88 and a 200 day moving average price of $37.95.

First Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Monday, July 1st were given a $0.45 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.86%. First Financial’s dividend payout ratio is currently 38.38%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods lifted their target price on First Financial from $43.00 to $45.00 and gave the company a “market perform” rating in a research report on Thursday.

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.