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How Tax Law Changes Could Impact First Financial Corporation Indiana’s Earnings and Deposits

Tipranks - Sat Mar 7, 12:06AM CST

First Financial Corporation Indiana (THFF) has disclosed a new risk, in the Taxation & Government Incentives category.

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Changes in federal, state, or local tax laws could materially alter First Financial Corporation Indiana’s effective tax rate and may be applied retroactively, creating unexpected costs and earnings volatility. In addition, tax reforms affecting individuals and businesses could constrain customer liquidity, reduce deposit levels, and thereby adversely impact the corporation’s financial condition and operating results.

The average THFF stock price target is $68.00, implying 8.14% upside potential.

To learn more about First Financial Corporation Indiana’s risk factors, click here.

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