investorscraft@gmail.com

Intrinsic value of First Financial Bancorp. (FFBC)

Previous Close$22.29
Intrinsic Value
Upside potential
Previous Close
$22.29
* Our model cannot be used “out of the box” for the valuation of this stock. You can still do your own valuation by changing the valuation input parameters.

VALUATION INPUT DATA (original, your and others' valuations)

ParameterOrig.Your
Date of valuation (DoV)  
Intrinsic value (IV) at DoV, $/sh  
IV at current val. algorithm, $/sh25.11 

The original valuation is based on fiscal year data as of 2021-12-31 and quarterly data as of 2022-03-31.

Registered users can save their valuation input data

  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.

Company description

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property or commercial property; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and long-term, lease, and equipment financing services. As of December 31, 2019, the company operated 63 banking centers in Ohio; three banking centers in Illinois; 65 banking centers in Indiana; and 14 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2021(a)2022202320242025202620272028202920302031203220332034203520362037203820392040204120422043204420452046

INCOME STATEMENT

Revenue growth rate, %-2.2NaN
Revenue, $623NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m382NaN
Operating income, $m241NaN
EBITDA, $m302NaN
Interest expense (income), $mNaN
Earnings before tax, $m241NaN
Tax expense, $m36NaN
Net income, $m205NaN

BALANCE SHEET

Cash and short-term investments, $m435NaN
Total assets, $m16329NaN
Adjusted assets (=assets-cash), $m15894NaN
Average production assets, $m1283NaN
Working capital, $m-2872NaN
Total debt, $m774NaN
Total liabilities, $m14070NaN
Total equity, $m2259NaN
Debt-to-equity ratio0.343NaN
Adjusted equity ratio0.136NaN

CASH FLOW

Net income, $m205NaN
Depreciation, amort., depletion, $m61NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m360NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-15NaN
Free cash flow, $m375NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-2872
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN
HomeMenuAccount