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FFBCFirst Financial Bancorp.Hold6.5·$31.89+0.57%
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First Financial Bancorp. (FFBC) Stock Analysis

Breakout setup

HoldModerate Confidence

Financial Services · Banks - Regional

Hold if already holding. Not a fresh buy at $31.89, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.4% away).

First Financial Bancorp. operates community commercial banking primarily in Ohio, Indiana, Kentucky, and Illinois through First Financial Bank, supplemented by nationwide specialty lenders — Oak Street (insurance industry/RIA loans), First Franchise (restaurant franchisees),... Read more

$31.89+0.4% A.UpsideScore 6.5/10#13 of 142 Banks - Regional
QualityF-score8 / 9FCF yield
IncomeYield3.15%(5y avg 3.94%)Payout34.98%sustainable
Stop $30.61Target $32.01(resistance)A.R:R -1.1:1
Analyst target$33.43+4.8%7 analysts
$32.01our TP
$31.89price
$33.43mean
$30
$37

Hold if already holding. Not a fresh buy at $31.89, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.4% away). Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Maintain position. Not compelling to add more. Score 6.5/10, moderate confidence.

Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 37d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About First Financial Bancorp.

About First Financial Bancorp.

Community banking across Ohio, Indiana, Kentucky, and Illinois anchors First Financial Bancorp.'s franchise — subject to supervision by the Federal Reserve System and operating specialty lending arms (Oak Street, First Franchise, Bannockburn, Agile Premium Finance) nationwide. The company employs approximately 2,199 associates and expanded through two transactions: the $324.4 million Westfield Bancorp acquisition closing November 1, 2025, adding roughly $2.1 billion in assets, and the BankFinancial Corporation merger effective January 1, 2026, adding 17 offices and approximately $1.4 billion in assets.

First Financial Bancorp. generates net interest income from commercial lending, real estate lending (residential and commercial), consumer loans, and equipment financing through Summit Funding Group. Oak Street lends against commission and fee revenue streams to insurance agencies, registered investment advisors, and certified public accountants; First Franchise targets restaurant franchisees; Agile Premium Finance originates insurance premium loans with an average term of approximately ten months. Bannockburn provides matched-book foreign exchange, interest rate, and commodity hedging for commercial clients, contributing fee income while exposing the company to client concentration risk: the 10-K discloses that Bannockburn's model relies on a small number of large clients whose departure could produce material revenue volatility. The company recorded $36.5 million in provision expense on loans and leases in 2025, driven by net charge-offs and portfolio growth including the Westfield acquisition, which contributed $20.4 million in substandard or worse loans at closing.

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The 10-K identifies geographic concentration explicitly, stating that the community banking model has led to a concentration in Indiana, Ohio, Kentucky and Illinois, and that results of operations are largely dependent on economic conditions in these local markets — noting the Midwestern footprint has historically shown less volatility than other regions. Classified assets stood at $235.5 million at December 31, 2025, rising 5.1% from the prior year-end, partly from Westfield-acquired loans. A change in Federal Reserve Board leadership in 2026 — with Chair Powell's term expiring May 15, 2026 and Kevin Warsh nominated as successor — adds regulatory policy uncertainty the filing explicitly flags as a risk to bank holding company supervision.

See also: Financial Services · Banks - Regional

From First Financial Bancorp.'s most recent 10-K filing, extracted June 10, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 23, 202637d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Attractive valuation
Strong growth profile
Risks
Analyst target reached - limited upside remaining
Near 52-week high (2.4% away)

Key Metrics

P/E (TTM)11.2
P/E (Fwd)9.3
Mkt Cap$3.3B
EV/EBITDA
Profit Mgn30.4%
ROE10.2%
Rev Growth32.3%
Beta0.94
Dividend3.15%
Rating analysts13

Quality Signals

Piotroski F8/9

Options Flow

P/C1.83bearish
IV104%elevated
Max Pain$30-5.9% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographicIndiana, Ohio, Kentucky and Illinois
    10-K Item 1A: 'Our community banking business model and local market focus has led to a concentration in the markets in which we operate, namely Indiana, Ohio, Kentucky and Illinois'
  • MEDIUMCustomersmall number of large clients
    10-K Item 1A: 'Bannockburn's business model relies, to some extent, upon a small number of large clients ... would adversely affect the revenue derived from Bannockburn'

Material Events(8-K, last 90d)

  • 2026-05-29Item 5.02LOW
    Shareholders approved the 2026 Stock Plan on May 26, 2026, reserving 3.85 million shares for equity incentive awards (options, SARs, restricted stock, RSUs) to directors and officers; plan expires May 26, 2036.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 ceiling hit

GatesA.R:R -1.1=NEGATIVEExecutive change: officer departure/appointmentMomentum 7.1>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 37d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
63 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $29.26Resistance $32.66

Price Targets

$31
$32
A.Upside+0.4%
A.R:R-1.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-8.8% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-23 (37d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is FFBC stock a buy right now?

Hold if already holding. Not a fresh buy at $31.89, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.4% away). Chart setup: Golden cross, above all MAs, RSI 63, MACD bullish. Maintain position. Not compelling to add more. Target $32.01 (+0.4%), stop $30.61 (−4.2%), A.R:R -1.1:1. Score 6.5/10, moderate confidence.

What is the FFBC stock price target?

Take-profit target: $32.01 (+0.4% upside). Target $32.01 (+0.4%), stop $30.61 (−4.2%), A.R:R -1.1:1. Stop-loss: $30.61.

What are the risks of investing in FFBC?

Analyst target reached - limited upside remaining; Near 52-week high (2.4% away).

Is FFBC overvalued or undervalued?

First Financial Bancorp. trades at a P/E of 11.2 (forward 9.3). TrendMatrix value score: 8.0/10. Verdict: Hold.

What do analysts say about FFBC?

13 analysts cover FFBC with a consensus score of 3.8/5. Average price target: $33.

What does First Financial Bancorp. do?First Financial Bancorp. operates community commercial banking primarily in Ohio, Indiana, Kentucky, and Illinois...

First Financial Bancorp. operates community commercial banking primarily in Ohio, Indiana, Kentucky, and Illinois through First Financial Bank, supplemented by nationwide specialty lenders — Oak Street (insurance industry/RIA loans), First Franchise (restaurant franchisees), Bannockburn (foreign exchange), and Agile Premium Finance (insurance premium loans). The company employed approximately 2,199 associates at December 31, 2025, and completed the $324.4 million Westfield Bancorp acquisition in November 2025.

Related stocks: CUBI (Customers Bancorp, Inc) · IFS (Intercorp Financial Services In) · SSB (SouthState Bank Corporation) · PNFP (Pinnacle Financial Partners, In) · INTR (Inter & Co. Inc.)
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