What is First Financial Corp's earnings per share (EPS)?

First Financial Corp (THFF) reported diluted earnings per share of $6.68 for fiscal year 2025. This represents a 67.0% 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.

First Financial Corp Financials

THFF

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows First Financial Corp (THFF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).

Rhea AI THFF FY2025 2026-05-06

First Financial’s earnings engine is driven less by scale than by balance-sheet deployment and asset-level efficiency.

In the latest year, operating cash flow was $90.4M and free cash flow was $86.4M, showing this business converts accounting earnings into cash without much capital spending. That is why ROA moving from 0.9% to 1.4% mattered so much: the prior earnings dip looks like weaker asset productivity, not a breakdown in cash conversion.

Shareholder returns are amplified by balance-sheet structure: ROE reached 12.2% while ROA was only 1.4%, so a modest improvement in asset earnings can create a much larger swing for common equity. That makes asset performance more important than a simple revenue read would suggest.

Expense absorption improved: selling and administrative costs fell from 30.0% of revenue to about 25.9%, even though the dollar expense line kept rising. That suggests the latest profit rebound was helped by overhead being spread more efficiently across the franchise, rather than by spending cuts alone.

Financial Health Signals

Financial Health Score 51/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of First Financial Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

Growth

Capital

Efficiency

Stability

Piotroski F-Score Partial

5/7

First Financial Corp passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.14x

For every $1 of reported earnings, First Financial Corp generates $1.14 in operating cash flow ($90.4M OCF vs $79.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$305.6M

YoY+15.4%

5Y CAGR+13.7%

10Y CAGR+10.9%

First Financial Corp generated $305.6M in revenue in fiscal year 2025. This represents an increase of 15.4% from the prior year.

EBITDA

N/A

Net Income

$79.2M

YoY+67.5%

5Y CAGR+8.0%

10Y CAGR+10.1%

First Financial Corp reported $79.2M in net income in fiscal year 2025. This represents an increase of 67.5% from the prior year.

EPS (Diluted)

$6.68

YoY+67.0%

5Y CAGR+11.2%

First Financial Corp earned $6.68 per diluted share (EPS) in fiscal year 2025. This represents an increase of 67.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$86.4M

YoY+59.3%

5Y CAGR+3.3%

10Y CAGR+8.6%

First Financial Corp generated $86.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 59.3% from the prior year.

Cash & Debt

$130.4M

YoY+39.4%

5Y CAGR-27.6%

10Y CAGR+3.9%

First Financial Corp held $130.4M in cash against $188.2M in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.09

YoY+12.4%

5Y CAGR+14.8%

10Y CAGR+7.9%

First Financial Corp paid $2.09 per share in dividends in fiscal year 2025. This represents an increase of 12.4% from the prior year.

Shares Outstanding

12M

YoY+0.3%

5Y CAGR-2.6%

10Y CAGR-0.7%

First Financial Corp had 12M shares outstanding in fiscal year 2025. This represents an increase of 0.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

25.9%

YoY+8.1pp

5Y CAGR-7.6pp

10Y CAGR-1.9pp

First Financial Corp's net profit margin was 25.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 8.1 percentage points from the prior year.

Return on Equity

12.2%

YoY+3.6pp

5Y CAGR+3.1pp

10Y CAGR+4.8pp

First Financial Corp's ROE was 12.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$795K

YoY+111.4%

5Y CAGR-38.7%

10Y CAGR-21.3%

First Financial Corp spent $795K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 111.4% from the prior year.

Capital Expenditures

$4.0M

YoY-34.8%

5Y CAGR+0.4%

10Y CAGR+1.6%

First Financial Corp invested $4.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 34.8% from the prior year.

THFF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$305.6M+15.4%	$264.7M+15.9%	$228.4M+24.6%	$183.3M+20.4%	$152.2M-5.2%	$160.5M
Cost of Revenue	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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$79.1M+6.1%	$74.6M+8.8%	$68.5M+4.5%	$65.6M+1.7%	$64.5M+4.1%	$61.9M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$85.7M-4.5%	$89.8M+46.8%	$61.1M+234.8%	$18.3M+107.6%	$8.8M-37.8%	$14.1M
Income Tax	$19.5M+97.4%	$9.9M-16.4%	$11.8M-29.0%	$16.7M+31.9%	$12.6M+8.0%	$11.7M
Net Income	$79.2M+67.5%	$47.3M-22.1%	$60.7M-14.7%	$71.1M+34.2%	$53.0M-1.6%	$53.8M
EPS (Diluted)	$6.68+67.0%	$4.00-21.3%	$5.08-12.7%	$5.82+44.8%	$4.02+2.3%	$3.93

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$77.9M-4.6%	$81.7M+6.6%	$76.6M+3.3%	$74.2M+1.6%	$73.0M+0.2%	$72.9M+1.6%	$71.7M+18.0%	$60.8M
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	$21.4M+4.7%	$20.4M+3.1%	$19.8M+0.5%	$19.7M+2.3%	$19.2M-9.7%	$21.3M+15.1%	$18.5M+6.6%	$17.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$21.0M-0.5%	$21.1M-4.2%	$22.0M+2.5%	$21.5M+2.1%	$21.1M-9.5%	$23.3M-5.1%	$24.5M+14.2%	$21.5M
Income Tax	$4.9M+0.3%	$4.9M-1.8%	$5.0M+17.7%	$4.2M-21.1%	$5.4M+42.4%	$3.8M+123.5%	$1.7M-23.7%	$2.2M
Net Income	$19.8M-7.7%	$21.5M+3.3%	$20.8M+11.7%	$18.6M+1.0%	$18.4M+13.3%	$16.2M+85.8%	$8.7M-23.1%	$11.4M
EPS (Diluted)	$1.67	N/A	$1.75+11.5%	$1.57+1.3%	$1.55	N/A	$0.74-22.9%	$0.96

THFF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$5.8B+3.5%	$5.6B+14.6%	$4.9B-2.8%	$5.0B-3.6%	$5.2B+13.5%	$4.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$130.4M+39.4%	$93.5M+21.8%	$76.8M-65.5%	$222.5M-67.7%	$688.0M+4.6%	$657.5M
Inventory	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
Goodwill	$98.2M-1.8%	$100.0M+15.0%	$87.0M0.0%	$87.0M+1.0%	$86.1M+9.6%	$78.6M
Total Liabilities	$5.1B+1.9%	$5.0B+15.9%	$4.3B-4.2%	$4.5B-1.7%	$4.6B+15.9%	$4.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$188.2M+569.3%	$28.1M-74.1%	$108.6M+1032.3%	$9.6M-39.8%	$15.9M+265516.7%	$6K
Total Equity	$650.9M+18.5%	$549.0M+4.0%	$528.0M+11.1%	$475.3M-18.4%	$582.6M-2.4%	$597.0M
Retained Earnings	$741.8M+7.9%	$687.4M+3.6%	$663.7M+8.0%	$614.8M+10.0%	$559.1M+7.3%	$521.1M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$6.1B+6.5%	$5.8B+1.5%	$5.7B+1.2%	$5.6B+1.0%	$5.5B-0.2%	$5.6B+1.4%	$5.5B+12.1%	$4.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$96.9M-25.7%	$130.4M+49.1%	$87.4M-10.1%	$97.3M+12.8%	$86.2M-7.8%	$93.5M+21.0%	$77.3M+3.0%	$75.1M
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%	$98.2M0.0%	$98.2M0.0%	$98.2M-1.8%	$100.0M0.0%	$100.0M+2.8%	$97.3M+11.9%	$87.0M
Total Liabilities	$5.5B+7.2%	$5.1B+1.1%	$5.0B+0.6%	$5.0B+0.8%	$5.0B-0.7%	$5.0B+1.9%	$4.9B+12.8%	$4.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$208.8M+10.9%	$188.2M+10.4%	$170.5M+38.9%	$122.7M-1.8%	$124.9M+344.2%	$28.1M-7.7%	$30.5M-71.9%	$108.6M
Total Equity	$655.3M+0.7%	$650.9M+4.6%	$622.2M+5.9%	$587.7M+2.7%	$571.9M+4.2%	$549.0M-3.0%	$566.0M+6.6%	$530.7M
Retained Earnings	$754.9M+1.8%	$741.8M+2.0%	$727.0M+2.1%	$712.3M+1.8%	$699.7M+1.8%	$687.4M+1.5%	$677.2M+0.5%	$673.7M

THFF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$90.4M+49.8%	$60.4M-29.9%	$86.1M+9.3%	$78.8M+43.1%	$55.1M-28.9%	$77.4M
Capital Expenditures	$4.0M-34.8%	$6.1M-6.6%	$6.5M+358.7%	$1.4M-62.8%	$3.8M-1.9%	$3.9M
Free Cash Flow	$86.4M+59.3%	$54.3M-31.8%	$79.5M+2.8%	$77.4M+51.0%	$51.2M-30.3%	$73.5M
Investing Cash Flow	-$126.2M-90.8%	-$66.1M-199.2%	-$22.1M+94.9%	-$433.7M-38.9%	-$312.2M-1821.2%	-$16.2M
Financing Cash Flow	$72.6M+222.4%	$22.5M+110.7%	-$209.8M-89.6%	-$110.6M-138.5%	$287.6M-38.7%	$468.9M
Dividends Paid	$24.2M+13.7%	$21.2M+38.1%	$15.4M+6.4%	$14.5M+2.0%	$14.2M-0.6%	$14.3M
Share Buybacks	$795K+111.4%	$376K-96.7%	$11.5M-58.4%	$27.7M-34.8%	$42.5M+360.6%	$9.2M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$22.6M-24.0%	$29.8M+10.9%	$26.9M+111.1%	$12.7M-39.6%	$21.1M+32.8%	$15.9M-32.0%	$23.3M+165.5%	$8.8M
Capital Expenditures	$687K-42.6%	$1.2M+9.9%	$1.1M-4.0%	$1.1M+100.2%	$566K-45.5%	$1.0M-72.5%	$3.8M+1014.8%	$338K
Free Cash Flow	$21.9M-23.3%	$28.6M+10.9%	$25.8M+122.4%	$11.6M-43.5%	$20.5M+38.3%	$14.8M-24.2%	$19.5M+131.5%	$8.4M
Investing Cash Flow	-$70.3M-58.8%	-$44.3M+30.6%	-$63.8M-126.7%	-$28.1M-380.6%	$10.0M+110.4%	-$96.3M-273.9%	$55.3M+328.7%	-$24.2M
Financing Cash Flow	$14.2M-75.3%	$57.4M+111.8%	$27.1M+2.4%	$26.5M+168.9%	-$38.4M-139.7%	$96.6M+226.5%	-$76.4M-459.3%	$21.3M
Dividends Paid	$6.7M+10.0%	$6.0M0.0%	$6.0M0.0%	$6.0M+0.2%	$6.0M+13.5%	$5.3M0.0%	$5.3M0.0%	$5.3M
Share Buybacks	$332K	$0	$0	$0-100.0%	$795K	$0	$0	$0

THFF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	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
Net Margin	25.9%+8.1pp	17.9%-8.7pp	26.6%-12.2pp	38.8%+4.0pp	34.8%+1.3pp	33.6%
Return on Equity	12.2%+3.6pp	8.6%-2.9pp	11.5%-3.5pp	15.0%+5.9pp	9.1%+0.1pp	9.0%
Return on Assets	1.4%+0.5pp	0.9%-0.4pp	1.3%-0.2pp	1.4%+0.4pp	1.0%-0.2pp	1.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.29+0.2	0.05-0.2	0.21+0.2	0.020.0	0.03+0.0	0.00
FCF Margin	28.3%+7.8pp	20.5%-14.3pp	34.8%-7.4pp	42.2%+8.5pp	33.7%-12.2pp	45.8%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
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	25.4%-0.8pp	26.3%-0.8pp	27.1%+2.0pp	25.1%-0.1pp	25.2%+2.9pp	22.3%+10.1pp	12.2%-6.5pp	18.7%
Return on Equity	3.0%-0.3pp	3.3%-0.0pp	3.3%+0.2pp	3.2%-0.1pp	3.2%+0.3pp	3.0%+1.4pp	1.5%-0.6pp	2.1%
Return on Assets	0.3%-0.1pp	0.4%0.0pp	0.4%+0.0pp	0.3%0.0pp	0.3%+0.0pp	0.3%+0.1pp	0.2%-0.1pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.32+0.0	0.29+0.0	0.27+0.1	0.210.0	0.22+0.2	0.050.0	0.05-0.2	0.20
FCF Margin	28.1%-6.8pp	35.0%+1.4pp	33.6%+18.0pp	15.6%-12.4pp	28.1%+7.7pp	20.3%-6.9pp	27.3%+13.4pp	13.9%

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Frequently Asked Questions

What is First Financial Corp's annual revenue?

First Financial Corp (THFF) reported $305.6M in total revenue for fiscal year 2025. This represents a 15.4% 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 15.4% year-over-year, from $264.7M to $305.6M in fiscal year 2025.

Is First Financial Corp profitable?

Yes, First Financial Corp (THFF) reported a net income of $79.2M in fiscal year 2025, with a net profit margin of 25.9%.

How much debt does First Financial Corp have?

As of fiscal year 2025, First Financial Corp (THFF) had $130.4M in cash and equivalents against $188.2M in long-term debt.

What is First Financial Corp's net profit margin?

First Financial Corp (THFF) had a net profit margin of 25.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does First Financial Corp pay dividends?

Yes, First Financial Corp (THFF) paid $2.09 per share in dividends during fiscal year 2025.

What is First Financial Corp's return on equity (ROE)?

First Financial Corp (THFF) has a return on equity of 12.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is First Financial Corp's free cash flow?

First Financial Corp (THFF) generated $86.4M in free cash flow during fiscal year 2025. This represents a 59.3% 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 $90.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are First Financial Corp's total assets?

First Financial Corp (THFF) had $5.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are First Financial Corp's capital expenditures?

First Financial Corp (THFF) invested $4.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does First Financial Corp buy back shares?

Yes, First Financial Corp (THFF) spent $795K on share buybacks during fiscal year 2025, 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 2025.

What is First Financial Corp's debt-to-equity ratio?

First Financial Corp (THFF) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, 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 1.4% for fiscal year 2025, 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 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 1.14x, 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 51 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.