First Financial Bancorp (FFBC) Receives a Hold from Brean Capital

Brean Capital analyst initiated coverage with a Hold rating on First Financial Bancorp today and set a price target of $33.00.

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In addition to Brean Capital, First Financial Bancorp also received a Hold from Truist Financial’s Brian Foran in a report issued on January 30. However, on February 3, TipRanks – Anthropic reiterated a Buy rating on First Financial Bancorp (NASDAQ: FFBC).

Based on First Financial Bancorp’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $323.78 million and a net profit of $71.92 million. In comparison, last year the company earned a revenue of $302.82 million and had a net profit of $52.45 million

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FFBC in relation to earlier this year. Earlier this month, Gregory A Harris, the President of FFBC sold 1,821.00 shares for a total of $53,592.03.