▼ -27.82% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for First Financial Bancorp. in the last 3 months. The average price target is $15.00, with a high forecast of $15.00 and a low forecast of $15.00. The average price target represents a -27.82% upside from the last price of $20.78.
The current consensus among 1 polled investment analysts is to hold stock in First Financial Bancorp.. This rating has held steady since May 2020, when it changed from a Buy consensus rating.
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.