First Financial Posts 3Q EPS of $2.31
THFF sits 46% above its 52-week low of $52.45.
Summary
First Financial reported third-quarter EPS of $2.31, up from $1.91 in Q2, when the company posted record net income of $22.7 million on loan growth and margin expansion. The quarter's net interest income was $63.5 million, with a net interest margin of 4.51%, and non-interest income came in at $11.4 million. The sequential step-up suggests the earnings momentum carried into Q3. The quarter also overlaps with the pending $111.3 million acquisition of First Illinois (Hickory Point Bank) announced in late August, so any deal costs or balance-sheet effects will matter when the full release lands.
At the time of this announcement, THFF was trading at $76.70 on NASDAQ in the Finance sector, with a market capitalization of approximately $909.3M. The 52-week trading range was $52.45 to $84.17. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.