In a report released yesterday, Christopher Mcgratty from KBW maintained a Hold rating on First Financial Bancorp (FFBC – Research Report), with a price target of $25.00. The company’s shares closed yesterday at $22.36.
According to TipRanks, Mcgratty is a 5-star analyst with an average return of 10.0% and a 64.00% success rate. Mcgratty covers the Financial sector, focusing on stocks such as NY Community, First Interstate Bancsystem, and Old National Bancorp Capital.
Currently, the analyst consensus on First Financial Bancorp is a Moderate Buy with an average price target of $25.00.
FFBC market cap is currently $2.15B and has a P/E ratio of 8.40.
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First Financial Bancorp (FFBC) Company Description:
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.
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