First Financial Corp Financials
This page shows First Financial Corp (THFF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
First Financial Corp's revenue surged 15.9% year-over-year to $264.7M, reflecting rapid business expansion. This strong growth earns a score of 74/100.
First Financial Corp carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
First Financial Corp converts 20.5% of revenue into free cash flow ($54.3M). This strong cash generation earns a score of 100/100.
First Financial Corp's ROE of 8.6% shows moderate profitability relative to equity, earning a score of 34/100. This is down from 11.5% the prior year.
First Financial Corp passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, First Financial Corp generates $1.28 in operating cash flow ($60.4M OCF vs $47.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
First Financial Corp generated $264.7M in revenue in fiscal year 2024. This represents an increase of 15.9% from the prior year.
First Financial Corp generated $54.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 31.8% from the prior year.
First Financial Corp reported $47.3M in net income in fiscal year 2024. This represents a decrease of 22.1% from the prior year.
First Financial Corp earned $4.00 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 21.3% from the prior year.
First Financial Corp held $93.5M in cash against $28.1M in long-term debt as of fiscal year 2024.
First Financial Corp paid $1.86 per share in dividends in fiscal year 2024. This represents an increase of 87.9% from the prior year.
First Financial Corp had 12M shares outstanding in fiscal year 2024. This represents an increase of 0.4% from the prior year.
First Financial Corp's net profit margin was 17.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 8.7 percentage points from the prior year.
First Financial Corp's ROE was 8.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 2.9 percentage points from the prior year.
First Financial Corp spent $376K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 96.7% from the prior year.
First Financial Corp invested $6.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 6.6% from the prior year.
THFF Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $76.6M+3.3% | $74.2M+1.6% | $73.0M+24.3% | $58.7M0.0% | $58.7M+4.4% | $56.2M+2.8% | $54.7M+4.8% | $52.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $22.0M+2.5% | $21.5M+2.1% | $21.1M+9.9% | $19.2M+9.0% | $17.6M+25.1% | $14.0M+35.5% | $10.4M+21.4% | $8.5M |
| Income Tax | $5.0M+17.7% | $4.2M-21.1% | $5.4M+220.1% | $1.7M-44.6% | $3.0M-13.7% | $3.5M-2.8% | $3.6M+45.6% | $2.5M |
| Net Income | $20.8M+11.7% | $18.6M+1.0% | $18.4M+48.2% | $12.4M-23.7% | $16.3M+1.9% | $16.0M0.0% | $16.0M-3.3% | $16.5M |
| EPS (Diluted) | $1.75+11.5% | $1.57+1.3% | $1.55+47.6% | $1.05-23.4% | $1.37+3.0% | $1.330.0% | $1.33-3.6% | $1.38 |
THFF Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.7B+1.2% | $5.6B+1.0% | $5.5B+14.4% | $4.9B+1.4% | $4.8B-1.9% | $4.9B+0.2% | $4.9B-2.5% | $5.0B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $87.4M-10.1% | $97.3M+12.8% | $86.2M+12.3% | $76.8M+2.8% | $74.7M-9.0% | $82.1M-0.6% | $82.6M-62.9% | $222.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $98.2M0.0% | $98.2M-1.8% | $100.0M+15.0% | $87.0M0.0% | $87.0M0.0% | $87.0M0.0% | $87.0M0.0% | $87.0M |
| Total Liabilities | $5.0B+0.6% | $5.0B+0.8% | $5.0B+15.1% | $4.3B+0.2% | $4.3B-1.5% | $4.4B+0.4% | $4.4B-3.4% | $4.5B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $170.5M+38.9% | $122.7M-1.8% | $124.9M+15.0% | $108.6M+28.4% | $84.6M-37.2% | $134.6M | N/A | $9.6M |
| Total Equity | $622.2M+5.9% | $587.7M+2.7% | $571.9M+8.3% | $528.0M+12.3% | $470.2M-5.4% | $496.9M-1.7% | $505.5M+6.4% | $475.3M |
| Retained Earnings | $727.0M+2.1% | $712.3M+1.8% | $699.7M+5.4% | $663.7M+1.1% | $656.6M+2.5% | $640.3M+1.5% | $630.8M+2.6% | $614.8M |
THFF Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $26.9M+111.1% | $12.7M-39.6% | $21.1M+5.8% | $19.9M-30.1% | $28.5M+104.1% | $13.9M-41.3% | $23.8M-10.2% | $26.5M |
| Capital Expenditures | $1.1M-4.0% | $1.1M+100.2% | $566K-55.0% | $1.3M-25.4% | $1.7M+425.5% | $321K-90.2% | $3.3M+519.7% | -$780K |
| Free Cash Flow | $25.8M+122.4% | $11.6M-43.5% | $20.5M+9.9% | $18.6M-30.4% | $26.8M+96.5% | $13.6M-33.5% | $20.5M-20.3% | $25.7M |
| Investing Cash Flow | -$63.8M-126.7% | -$28.1M-380.6% | $10.0M+139.4% | -$25.4M-162.5% | $40.7M+272.9% | -$23.5M-70.2% | -$13.8M+82.8% | -$80.6M |
| Financing Cash Flow | $27.1M+2.4% | $26.5M+168.9% | -$38.4M-603.8% | $7.6M+110.0% | -$76.6M-945.0% | $9.1M+106.0% | -$149.8M-163.6% | -$56.8M |
| Dividends Paid | $6.0M0.0% | $6.0M+0.2% | $6.0M | $0 | $0-100.0% | $6.5M-27.4% | $8.9M | $0 |
| Share Buybacks | $0 | $0-100.0% | $795K | $0-100.0% | $8.4M+213.7% | $2.7M+604.5% | $382K | $0 |
THFF Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 27.1%+2.0pp | 25.1%-0.1pp | 25.2%+4.1pp | 21.1%-6.6pp | 27.7%-0.7pp | 28.4%-0.8pp | 29.2%-2.4pp | 31.6% |
| Return on Equity | 3.3%+0.2pp | 3.2%-0.1pp | 3.2%+0.9pp | 2.4%-1.1pp | 3.5%+0.2pp | 3.2%+0.1pp | 3.2%-0.3pp | 3.5% |
| Return on Assets | 0.4%+0.0pp | 0.3%0.0pp | 0.3%+0.1pp | 0.3%-0.1pp | 0.3%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 0.27+0.1 | 0.210.0 | 0.22+0.0 | 0.21+0.0 | 0.18-0.1 | 0.27-8.4 | 8.63+8.6 | 0.02 |
| FCF Margin | 33.6%+18.0pp | 15.6%-12.4pp | 28.1%-3.7pp | 31.7%-13.9pp | 45.6%+21.4pp | 24.2%-13.2pp | 37.5%-11.8pp | 49.3% |
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Frequently Asked Questions
What is First Financial Corp's annual revenue?
First Financial Corp (THFF) reported $264.7M in total revenue for fiscal year 2024. This represents a 15.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is First Financial Corp's revenue growing?
First Financial Corp (THFF) revenue grew by 15.9% year-over-year, from $228.4M to $264.7M in fiscal year 2024.
Is First Financial Corp profitable?
Yes, First Financial Corp (THFF) reported a net income of $47.3M in fiscal year 2024, with a net profit margin of 17.9%.
What is First Financial Corp's earnings per share (EPS)?
First Financial Corp (THFF) reported diluted earnings per share of $4.00 for fiscal year 2024. This represents a -21.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does First Financial Corp have?
As of fiscal year 2024, First Financial Corp (THFF) had $93.5M in cash and equivalents against $28.1M in long-term debt.
What is First Financial Corp's net profit margin?
First Financial Corp (THFF) had a net profit margin of 17.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does First Financial Corp pay dividends?
Yes, First Financial Corp (THFF) paid $1.86 per share in dividends during fiscal year 2024.
What is First Financial Corp's return on equity (ROE)?
First Financial Corp (THFF) has a return on equity of 8.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is First Financial Corp's free cash flow?
First Financial Corp (THFF) generated $54.3M in free cash flow during fiscal year 2024. This represents a -31.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is First Financial Corp's operating cash flow?
First Financial Corp (THFF) generated $60.4M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are First Financial Corp's total assets?
First Financial Corp (THFF) had $5.6B in total assets as of fiscal year 2024, including both current and long-term assets.
What are First Financial Corp's capital expenditures?
First Financial Corp (THFF) invested $6.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does First Financial Corp buy back shares?
Yes, First Financial Corp (THFF) spent $376K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does First Financial Corp have outstanding?
First Financial Corp (THFF) had 12M shares outstanding as of fiscal year 2024.
What is First Financial Corp's debt-to-equity ratio?
First Financial Corp (THFF) had a debt-to-equity ratio of 0.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is First Financial Corp's return on assets (ROA)?
First Financial Corp (THFF) had a return on assets of 0.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is First Financial Corp's Piotroski F-Score?
First Financial Corp (THFF) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are First Financial Corp's earnings high quality?
First Financial Corp (THFF) has an earnings quality ratio of 1.28x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is First Financial Corp?
First Financial Corp (THFF) scores 77 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.