FFBC First Financial Bancorp PE ratio, current and historical analysis
As of Oct 29, 2024, the First Financial Bancorp stock's P/E ratio is 10.57. This takes into account the latest EPS of $2.45 and stock price of $25.89. The PE ratio has increased by 26% from its last 4 quarters average of 8.4.
FFBC PE ratio history
The PE ratio of First Financial Bancorp has averaged 12.75 over the last ten years. The current price-to-earnings ratio of 10.57 is 17% less than the historical average. Analyzing the last ten years, FFBC's PE ratio reached its highest point in the Dec 2016 quarter at 19.62, when the price was $28.45 and the EPS was $1.45. The lowest point was recorded in the Sep 2023 quarter, when it reached 6.85 with a price of $19.6 and an EPS of $2.86.
First Financial Bancorp PE ratio by year
Maximum annual increase: 33.56% in 2016
Maximum annual decrease: -27.53% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.73 | -16.06% |
| 2022 | 10.4 | -7.88% |
| 2021 | 11.29 | 3.01% |
| 2020 | 10.96 | -13.43% |
| 2019 | 12.66 | 4.11% |
| 2018 | 12.16 | -27.53% |
| 2017 | 16.78 | -14.48% |
| 2016 | 19.62 | 33.56% |
| 2015 | 14.69 | -12.3% |
| 2014 | 16.75 | -19.28% |
FFBC average PE ratio chart
Currently, FFBC's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.
FFBC PE vs peers
FFBC's PE ratio is less than its peer stocks HBAN and PRK, but it is above PEBO's and FMNB's. First Financial Bancorp is currently trading at a lower PE ratio (10.57) than its peers average of 14.26.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UBCP United Bancorp Inc | 8.85 | $78.44M |
| PEBO Peoples Bancorp Inc | 8.92 | $1.13B |
| FMNB Farmers National Banc Corp | 10.17 | $527.38M |
| OVBC Ohio Valley Banc Corp | 10.19 | $113.3M |
| FFBC First Financial Bancorp | 10.68 | $2.5B |
| SBFG Sb Financial Group Inc | 11 | $132.47M |
| WSBC Wesbanco Inc | 14.82 | $1.88B |
| HBAN Huntington Bancshares Inc | 15.19 | $22.95B |
| PRK Park National Corp | 21.23 | $2.89B |
| LCNB Lcnb Corp | 29.41 | $220.56M |
Frequently asked questions
What is First Financial Bancorp's PE ratio?
FFBC's price to earnings ratio is 10.57 as of Oct 29, 2024.
What is the 3-year average PE ratio for First Financial Bancorp (FFBC)?
The 3-year average PE ratio for FFBC stock is 9.17.
What is the 5-year average PE ratio for First Financial Bancorp (FFBC)?
The 5-year average PE ratio for FFBC stock is 9.72.
What is the highest PE ratio for FFBC?
Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 19.62.
How does the current PE ratio for FFBC compare to its historical average?
FFBC's price to earnings ratio is currently 17% below its 10-year historical average.
How is FFBC's PE ratio calculated (First Financial Bancorp PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Oct 29, 2024), First Financial Bancorp's share price is $25.89. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.45. Therefore, First Financial Bancorp's price to earnings ratio for today is 10.57. PE RATIO(10.57) = STOCK PRICE($25.89) / TTM EPS($2.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.