First Financial Bancorp currently trades with a PE to growth ratio of 0.61, based on Jun 22, 2026 data. Dividing the 11.17 PE ratio by the 18.2% earnings growth rate produces this figure. Relative to the 1.33 average from the past four quarters, the PEG ratio has dropped by 54%.
Historically, First Financial Bancorp has a PEG ratio averaging 1.08 across the last ten years. At 0.61, today's PEG ratio sits 44% less than its historical average. The ten years high came in the Dec 2019 quarter at 4.08, reflecting peak valuation relative to growth. The bottom was reached in the Sep 2023 quarter at 0.19, suggesting attractive value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.87 | 9.34 | 10.7% |
| 2024 | N/A | 11.11 | -11% |
| 2023 | 0.52 | 8.73 | 16.7% |
| 2022 | 1.32 | 10.4 | 7.9% |
| 2021 | 0.32 | 11.29 | 35% |
| 2020 | N/A | 10.96 | -20.4% |
| 2019 | 4.08 | 12.66 | 3.1% |
| 2018 | 0.5 | 12.16 | 24.2% |
| 2017 | 2.02 | 16.78 | 8.3% |
| 2016 | 1.1 | 19.62 | 17.9% |
| 2015 | 1.36 | 14.69 | 10.8% |
| 2014 | 0.52 | 16.75 | 32.1% |
| 2013 | N/A | 20.75 | -27.6% |
| 2012 | N/A | 12.6 | 0% |
| 2011 | 0.96 | 14.34 | 14.9% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.54 | 9.75 | 18.2% |
| Dec 2025 | 0.87 | 9.34 | 10.7% |
| Sep 2025 | 0.57 | 9.28 | 16.2% |
| Jun 2025 | 3.32 | 9.63 | 2.9% |
| Mar 2025 | N/A | 10.32 | -3.6% |
| Dec 2024 | N/A | 11.11 | -11% |
| Sep 2024 | N/A | 10.78 | -18.2% |
| Jun 2024 | N/A | 9.07 | -12.2% |
| Mar 2024 | N/A | 8.93 | -4.9% |
| Dec 2023 | 0.52 | 8.73 | 16.7% |
| Sep 2023 | 0.19 | 6.85 | 36.2% |
| Jun 2023 | 0.24 | 7.33 | 30.4% |
| Mar 2023 | 0.34 | 8.25 | 24.5% |
| Dec 2022 | 1.32 | 10.4 | 7.9% |
| Sep 2022 | N/A | 10.04 | -2.8% |
FFBC's PEG ratio today is lower than the 3, 5 and 10-year averages.
With a PEG of 0.61, FFBC stands higher than the Financial Services sector and the industry average but lower than its peers average. Looking at the Financial Services sector average of 0.46, First Financial Bancorp's PEG is 33% higher.
Compared to its peers, FFBC has a PEG ratio lower than stocks HBAN and PRK, while greater than WSBC's and LCNB's. At 0.61, First Financial Bancorp's PEG ratio is lower than the peer group average of 0.69.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| WSBC Wesbanco Inc | 0.12 | $3.59B |
| SBFG Sb Financial Group Inc | 0.18 | $144.58M |
| LCNB Lcnb Corp | 0.27 | $247.74M |
| FFBC First Financial Bancorp | 0.62 | $3.41B |
| OVBC Ohio Valley Banc Corp | 0.67 | $232.63M |
| FMNB Farmers National Banc Corp | 0.8 | $850.92M |
| PRK Park National Corp | 1.4 | $3.24B |
| UBCP United Bancorp Inc | 1.45 | $90.79M |
| HBAN Huntington Bancshares Inc | 16.5 | $35.31B |
| PEBO Peoples Bancorp Inc | N/A | $1.34B |
FFBC's Jun 22, 2026 PEG ratio comes in at 0.61.
Historical data over a 3-year period puts FFBC's average PEG ratio at 0.89.
Historical data over a 5-year period puts FFBC's average PEG ratio at 0.77.
In the last ten years, FFBC's peak PEG ratio of 4.08 occurred in the Dec 2019 quarter.
Compared to the 10-year average, FFBC's PEG ratio stands 44% lower.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 22, 2026, First Financial Bancorp has a PE ratio of 11.17. Earnings grew at 18.2% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.61. PEG RATIO(0.61) = PE RATIO(11.17) / EPS GROWTH(18.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.