FFBC First Financial Bancorp PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: FFBC
- PE Ratio
As of Jun 6, 2025, the First Financial Bancorp stock's P/E ratio is 9.9. This takes into account the latest EPS of $2.42 and stock price of $23.96. The PE ratio has decreased by 4.1% from its last 4 quarters average of 10.3.
FFBC PE ratio history
The PE ratio of First Financial Bancorp has averaged 12.43 over the last ten years. The current price-to-earnings ratio of 9.9 is 20% 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: 507.97% in 2010
Maximum annual decrease: -27.53% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 11.11 | 27.26% | $26.88 | $2.42 |
| 2023 | 8.73 | -16.06% | $23.75 | $2.72 |
| 2022 | 10.4 | -7.88% | $24.23 | $2.33 |
| 2021 | 11.29 | 3.01% | $24.38 | $2.16 |
| 2020 | 10.96 | -13.43% | $17.53 | $1.6 |
| 2019 | 12.66 | 4.11% | $25.44 | $2.01 |
| 2018 | 12.16 | -27.53% | $23.72 | $1.95 |
| 2017 | 16.78 | -14.48% | $26.35 | $1.57 |
| 2016 | 19.62 | 33.56% | $28.45 | $1.45 |
| 2015 | 14.69 | -12.3% | $18.07 | $1.23 |
| 2014 | 16.75 | -19.28% | $18.59 | $1.11 |
| 2013 | 20.75 | 64.68% | $17.43 | $0.84 |
| 2012 | 12.6 | -12.13% | $14.62 | $1.16 |
| 2011 | 14.34 | -21.64% | $16.64 | $1.16 |
| 2010 | 18.3 | 507.97% | $18.48 | $1.01 |
First Financial Bancorp PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 10.32 | -7.11% | $24.98 | $2.42 |
| Dec 2024 | 11.11 | 3.06% | $26.88 | $2.42 |
| Sep 2024 | 10.78 | 18.85% | $25.23 | $2.34 |
| Jun 2024 | 9.07 | 1.57% | $22.22 | $2.45 |
| Mar 2024 | 8.93 | 2.29% | $22.42 | $2.51 |
| Dec 2023 | 8.73 | 27.45% | $23.75 | $2.72 |
| Sep 2023 | 6.85 | -6.55% | $19.6 | $2.86 |
| Jun 2023 | 7.33 | -11.15% | $20.44 | $2.79 |
| Mar 2023 | 8.25 | -20.67% | $21.77 | $2.64 |
| Dec 2022 | 10.4 | 3.59% | $24.23 | $2.33 |
| Sep 2022 | 10.04 | 10.69% | $21.08 | $2.1 |
| Jun 2022 | 9.07 | -16.56% | $19.4 | $2.14 |
| Mar 2022 | 10.87 | -3.72% | $23.05 | $2.12 |
| Dec 2021 | 11.29 | 4.15% | $24.38 | $2.16 |
| Sep 2021 | 10.84 | -10.56% | $23.41 | $2.16 |
FFBC Price vs fair value
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 WSBC, but it is above PEBO's. First Financial Bancorp is currently trading at a lower PE ratio (9.9) than its peers average of 12.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PEBO Peoples Bancorp Inc | 9.27 | $1.05B |
| FFBC First Financial Bancorp | 9.9 | $2.29B |
| FMNB Farmers National Banc Corp | 10.29 | $499.49M |
| SBFG Sb Financial Group Inc | 10.72 | $118.95M |
| UBCP United Bancorp Inc | 10.91 | $79.03M |
| OVBC Ohio Valley Banc Corp | 11.61 | $146.56M |
| HBAN Huntington Bancshares Inc | 12.38 | $23.63B |
| LCNB Lcnb Corp | 12.5 | $203.73M |
| PRK Park National Corp | 16.59 | $2.63B |
| WSBC Wesbanco Inc | 19.9 | $2.95B |
Frequently asked questions
What is First Financial Bancorp's PE ratio?
FFBC's price to earnings ratio is 9.9 as of Jun 6, 2025.
What is the 3-year average PE ratio for First Financial Bancorp (FFBC)?
The 3-year average PE ratio for FFBC stock is 9.24.
What is the 5-year average PE ratio for First Financial Bancorp (FFBC)?
The 5-year average PE ratio for FFBC stock is 9.81.
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 20% below its 10-year historical average.
Why is First Financial Bancorp's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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 (Jun 6, 2025), First Financial Bancorp's share price is $23.96. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.42. Therefore, First Financial Bancorp's price to earnings ratio for today is 9.9. PE RATIO(9.9) = STOCK PRICE($23.96) / TTM EPS($2.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.