RBC Capital analyst Jon Arfstrom maintained a Hold rating on First Financial Bancorp (FFBC – Research Report) on July 21 and set a price target of $24.00. The company’s shares closed yesterday at $22.95.
Arfstrom covers the Financial sector, focusing on stocks such as First Horizon, Pacwest Bancorp, and Bok Financial. According to TipRanks, Arfstrom has an average return of 14.0% and a 53.69% success rate on recommended stocks.
First Financial Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $23.67, which is a 3.14% upside from current levels. In a report released on July 21, KBW also maintained a Hold rating on the stock with a $23.00 price target.
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FFBC market cap is currently $2.16B and has a P/E ratio of 8.27.
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First Financial Bancorp operates a bank holding company. The firm operates through its wholly owned subsidiary, First Financial Bank, which engages in the provision of commercial banking, financial and other related activities. It operates through the following business lines: Commercial, Retail Banking, Mortgage Banking, Wealth Management, Investment Commercial Real Estate and Commercial Finance. Its products and services include borrow; digital tools; digital services; self-service; digital wallet; treasury management; employee services; financial planning; investment management; and trust administration. The company was founded in 1983 and is headquartered in Cincinnati, OH.
Read More on FFBC:
- First Financial Bancorp Announces Second Quarter 2023 Financial Results
- First Financial Bancorp reports Q2 adjusted EPS 72c, consensus 69c
- First Financial Bancorp. (FFBC) Q2 Earnings Cheat Sheet
- Charles Schwab upgraded, Fox downgraded: Wall Street’s top analyst calls
- First Financial Bancorp upgraded to Overweight from Neutral at Piper Sandler
