GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Financial Bancorp (NAS:FFBC) » Definitions » Price-to-Tangible-Book

First Financial Bancorp (First Financial Bancorp) Price-to-Tangible-Book : 1.81 (As of Apr. 26, 2024)


View and export this data going back to 1983. Start your Free Trial

What is First Financial Bancorp Price-to-Tangible-Book?

As of today (2024-04-26), First Financial Bancorp's share price is $22.36. First Financial Bancorp's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $12.38. Hence, First Financial Bancorp's Price to Tangible Book Ratio of today is 1.81.

The historical rank and industry rank for First Financial Bancorp's Price-to-Tangible-Book or its related term are showing as below:

FFBC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.34   Med: 2   Max: 2.69
Current: 1.81

During the past 13 years, First Financial Bancorp's highest Price to Tangible Book Ratio was 2.69. The lowest was 1.34. And the median was 2.00.

FFBC's Price-to-Tangible-Book is ranked worse than
85.75% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs FFBC: 1.81

A closely related ratio is called PB Ratio. As of today, First Financial Bancorp's share price is $22.36. First Financial Bancorp's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.84. Hence, First Financial Bancorp's P/B Ratio of today is 0.94.


First Financial Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for First Financial Bancorp's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

First Financial Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 1.34 1.99 2.43 1.92

First Financial Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 2.43 2.02 1.85 1.80 1.92

Competitive Comparison of First Financial Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, First Financial Bancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Bancorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Financial Bancorp's Price-to-Tangible-Book falls into.



First Financial Bancorp Price-to-Tangible-Book Calculation

First Financial Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=22.36/12.383
=1.81

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


First Financial Bancorp Price-to-Tangible-Book Related Terms

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


First Financial Bancorp (First Financial Bancorp) Business Description

Traded in Other Exchanges
Address
225 Pictoria Dr., Suite 700, Cincinnati, OH, USA, 45246
First Financial Bancorp is a mid-sized, regional bank holding company. It operates through its wholly-owned subsidiary, First Financial Bank, and provides banking and financial services products through its six lines of business Commercial, Retail Banking, Mortgage Banking, Wealth Management, Investment Commercial Real Estate, and Commercial Finance. First Financial utilizes a community banking business model and serves a combination of metropolitan and non-metropolitan markets through full-service banking centers around Indiana, Ohio, and Kentucky. The primary component of its loan portfolio is commercial real estate loans, followed by commercial and industrial loans. A majority of First Financial's net revenue is net interest income.
Executives
William G Barron director 255 E FIFTH STREET, CINCINNATI OH 45202
Richard S Dennen officer: President, Oak Street Funding 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
Claude E Davis director, officer: President & CEO 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
Vince Berta director 255 E FIFTH STREET, CINCINNATI OH 45202
First Financial Bancorp /oh/ officer: President, Wealth Management 255 EAST FIFTH STREET, SUITE 800, CINCINNATI OH 45202
Maribeth S Rahe director 255 E FIFTH STREET, CINCINNATI OH 45202
Purkrabek Knust Susan L director 255 E FIFTH STREET, CINCINNATI OH 45202
J Wickliffe Ach director 300 HIGH STREET, HAMILTON OH 45011
Thomas Murray Obrien director 255 E FIFTH STREET, CINCINNATI OH 45202
Cynthia O Booth director 255 E. FIFTH STREET, CINCINNATI OH 45202
John T Neighbours director 255 E FIFTH STREET, SUITE 2900, CINCINNATI OH 45202