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FFBC (First Financial Bancorp) Book Value per Share : $25.53 (As of Dec. 2024)


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What is First Financial Bancorp Book Value per Share?

First Financial Bancorp's book value per share for the quarter that ended in Dec. 2024 was $25.53.

During the past 12 months, First Financial Bancorp's average Book Value Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Financial Bancorp was 19.20% per year. The lowest was -4.50% per year. And the median was 4.20% per year.

First Financial Bancorp's current price is $23.96. Its book value per share for the quarter that ended in Dec. 2024 was $25.53. Hence, today's PB Ratio of First Financial Bancorp is 0.94.

During the past 13 years, the highest P/B Ratio of First Financial Bancorp was 2.22. The lowest was 0.52. And the median was 1.09.

Good Sign:

First Financial Bancorp stock PB Ratio (=0.92) is close to 1-year low of 0.86.


First Financial Bancorp Book Value per Share Historical Data

The historical data trend for First Financial Bancorp's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Financial Bancorp Book Value per Share Chart

First Financial Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.28 23.99 21.51 23.84 25.53

First Financial Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.95 24.36 25.66 25.53 26.13

Competitive Comparison of First Financial Bancorp's Book Value per Share

For the Banks - Regional subindustry, First Financial Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Financial Bancorp's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Financial Bancorp's PB Ratio falls into.


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First Financial Bancorp Book Value per Share Calculation

First Financial Bancorp's Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,438.0-0.0)/95.5
=25.53

First Financial Bancorp's Book Value Per Share for the quarter that ended in Dec. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,438.0-0.0)/95.5
=25.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


First Financial Bancorp  (NAS:FFBC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


First Financial Bancorp Book Value per Share Related Terms

Thank you for viewing the detailed overview of First Financial Bancorp's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


First Financial Bancorp Business Description

Traded in Other Exchanges
N/A
Address
255 East Fifth Street, Suite 900, Cincinnati, OH, USA, 45202
First Financial Bancorp is a mid-sized, regional bank holding company. It engages in the business of commercial banking and other banking and banking-related activities through its subsidiary. The range of banking services provided to individuals and businesses includes commercial lending, real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower, which may either be residential property or commercial property. In addition, it offers deposit products that include interest-bearing and noninterest-bearing accounts, time deposits and cash management services for commercial customers. A full range of trust and wealth management services is also provided through First Financial's Wealth Management line of business.
Executives
James R Shank officer: Internal Auditor 255 EAST 5TH STREET, SUITE 2900, CINCINNATI OH 45202
Gregory A Harris officer: SVP, WM Sr Operating Officer 255 E. FIFTH STREET, CINCINNATI OH 45202
Richard S Dennen officer: President, Oak Street Funding 255 E FIFTH STREET, CINCINNATI OH 45202
James M Anderson officer: Chief Financial Officer
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Scott T Crawley officer: Controller & Prin Actg Officer 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
Cynthia O Booth director 255 E. FIFTH STREET, CINCINNATI OH 45202
Claude E Davis director, officer: President & CEO 255 E FIFTH STREET, CINCINNATI OH 45202
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Andre T Porter director 255 E FIFTH STREET, CINCINNATI OH 45202
Dawn C Morris director 255 E. FIFTH STREET, CINCINNATI OH 45202
Gary W Warzala director 255 E FIFTH STREET, CINCINNATI OH 45202
Brown Archie M Jr director, officer: Chief Executive Officer 255 E FIFTH STREET, CINCINNATI OH 45202
First Financial Bancorp /oh/ officer: President, Wealth Management 255 EAST FIFTH STREET, SUITE 800, CINCINNATI OH 45202