Today, the President of First Financial Bancorp (NASDAQ: FFBC), Bradley Ringwald, sold shares of FFBC for $62.2K.
Following Bradley Ringwald’s last FFBC Sell transaction on August 18, 2017, the stock climbed by 7.6%.
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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. The company has a one-year high of $31.85 and a one-year low of $22.80. FFBC’s market cap is $1.93B and the company has a P/E ratio of 18.64.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $32.63, reflecting a -4.7% downside.
The insider sentiment on First Financial Bancorp has been positive according to 159 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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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.
