.jpg "First Financial Bancorp (NASDAQ: FFBC)")
Today, the EC of First Financial Bancorp (NASDAQ: FFBC), Claude Davis, sold shares of FFBC for $1.13M.
Following Claude Davis’ last FFBC Sell transaction on November 14, 2016, the stock climbed by 8.5%. In addition to Claude Davis, one other FFBC executive reported Sell trades in the last month.
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Based on First Financial Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $107 million and quarterly net profit of $30.51 million. In comparison, last year the company earned revenue of $96.17 million and had a net profit of $24.41 million. FFBC’s market cap is $2.01B and the company has a P/E ratio of 19.46. Currently, First Financial Bancorp has an average volume of 241.4K.
Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $32.86, reflecting a -1.9% downside.
The insider sentiment on First Financial Bancorp has been negative according to 158 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Claude Davis’ trades have generated a -3.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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First Financial Bancorp (Ohio) is a bank holding company, which through its wholly owned subsidiary, First Financial Bank, engages in the provision of commercial banking, financial and other related activities. It operates through the following business lines: Commercial and Private Banking, Retail Banking, 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 palnning; investment management; and trust administration. The company was founded in 1982 and is headquartered in Cincinnati, OH.
