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

First Financial (NASDAQ:THFF) issued its quarterly earnings data 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 return on equity of 9.95% and a net margin of 18.22%. The business had revenue of $82.92 million during the quarter, compared to analyst estimates of $57.95 million.

First Financial Price Performance

THFF stock opened at $42.87 on Wednesday. The company’s 50-day moving average price is $43.26 and its two-hundred day moving average price is $40.06. First Financial has a 12 month low of $31.82 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 firm has a market cap of $506.29 million, a P/E ratio of 9.92 and a beta of 0.47.

First Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were given a dividend of $0.45 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 4.20%. First Financial’s dividend payout ratio is 41.67%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods increased their price target on First Financial from $43.00 to $45.00 and gave the stock 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.