First Financial (NASDAQ:THFF) Releases Quarterly Earnings Results, Misses Expectations By $0.17 EPS

First Financial (NASDAQ:THFF) announced its earnings results on Tuesday. The bank reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.17), Yahoo Finance reports. First Financial had a net margin of 14.86% and a return on equity of 8.25%. The firm had revenue of $82.92 million for the quarter, compared to the consensus estimate of $57.95 million.

First Financial Stock Performance

Shares of First Financial stock opened at $42.61 on Thursday. First Financial has a 12 month low of $32.01 and a 12 month high of $47.00. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.20. The stock has a market cap of $503.22 million, a PE ratio of 11.55 and a beta of 0.47. The business has a fifty day simple moving average of $43.30 and a 200-day simple moving average of $40.08.

First Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 4.22%. The ex-dividend date was Tuesday, October 1st. First Financial’s payout ratio is 48.78%.

Analyst Ratings Changes

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