Welcome to our dedicated page for First Financial news (Ticker: THFF), a resource for investors and traders seeking the latest updates and insights on First Financial stock.
First Financial Corporation (NASDAQ: THFF), one of the oldest banking institutions in the United States, provides essential financial services across the Midwest through its multi-bank holding structure. This dedicated news hub aggregates all official press releases, regulatory filings, and market-moving developments related to THFF’s operations.
Investors and analysts will find comprehensive coverage of earnings announcements, strategic initiatives, and leadership updates. The curated collection includes quarterly results, merger/acquisition activity, product launches, and compliance-related disclosures – all critical for assessing this historic bank’s market position.
Key content categories feature commercial lending expansions, mortgage rate adjustments, trust service innovations, and operational updates from THFF’s 80+ banking centers. Bookmark this page for streamlined access to primary-source materials that influence investment decisions and industry analysis.
First Financial (NASDAQ:THFF) reported its third quarter 2024 results, including the closure of its SimplyBank acquisition. Key highlights:
- Net income of $8.7 million, down from $16.3 million in Q3 2023
- Diluted EPS of $0.74, compared to $1.37 in Q3 2023
- Return on average assets of 0.64%, down from 1.35% in Q3 2023
- Credit loss provision increased to $9.4 million from $1.2 million in Q3 2023
- Average total loans increased 17.74% year-over-year to $3.71 billion
- Total deposits grew 16.74% year-over-year to $4.72 billion
- Net interest margin expanded to 3.78% from 3.74% in Q3 2023
The acquisition of SimplyBank added $467 million in loans and $622 million in deposits. The company expects continued net interest margin improvement in coming quarters.
First Financial (NASDAQ: THFF) has announced a quarterly dividend of 45 cents per share. The dividend will be payable on October 15, 2024, to shareholders of record at the close of business on October 1, 2024. First Financial is the holding company for First Financial Bank N.A., which operates in Indiana, Illinois, Kentucky, and Tennessee.
This announcement demonstrates the company's commitment to providing regular returns to its shareholders. The declaration of a dividend is often seen as a positive sign of a company's financial health and confidence in its future prospects.
First Financial (NASDAQ:THFF) reported second quarter 2024 results with net income of $11.4 million, down from $16.0 million in Q2 2023. Diluted earnings per share decreased to $0.96 from $1.33 year-over-year. The company saw loan growth of 3.22% year-over-year, with average total loans reaching $3.20 billion. Net interest margin expanded to 3.57% from 3.53% in the previous quarter. Total deposits increased by 1.70% year-over-year to $4.13 billion. The efficiency ratio rose to 64.56% from 58.01% in Q2 2023. First Financial completed its acquisition of SimplyBank on July 1st, expanding into southeastern Tennessee markets.
First Financial (NASDAQ: THFF) announced a quarterly dividend of 45 cents per share. This dividend will be paid on July 15, 2024, to shareholders recorded by the close of business on July 1, 2024. First Financial operates First Financial Bank N.A. across Indiana, Illinois, Kentucky, and Tennessee.
First Financial reported a net income of $10.9 million for Q1 2024 compared to $16.0 million in Q1 2023. Diluted net income per share was $0.93 versus $1.33 for the same period in 2023. Return on average assets decreased to 0.91% from 1.32% in Q1 2023. Credit loss provision remained unchanged at $1.8 million. Pre-tax, pre-provision net income was $14.9 million versus $21.4 million in Q1 2023. Total loans outstanding and deposits increased, while nonperforming loans, net interest income, and net interest margin saw declines.
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