FFBC
First Financial Bancorp
Price:  
23.66 
USD
Volume:  
276,887.00
United States | Banks
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FFBC Fair Value

1.97 %
Upside

As of 2024-05-20, the Fair Value of First Financial Bancorp (FFBC) is 24.13 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 23.66 USD, the upside of First Financial Bancorp is 1.97%.

23.66 USD
Stock Price
24.13 USD
Fair Price
FAIR VALUE CALCULATION

FFBC Fair Value

Peter Lynch's formula is:

FFBC Fair Value
= Earnings Growth Rate x TTM EPS
FFBC Fair Value
= 9.75 x 2.47
FFBC Fair Value
= 24.13

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 198.10 155.80 205.20 217.60 255.86 206.51
YoY growth 14.77% -21.35% 31.71% 6.04% 17.58% 9.75%

FFBC Fair Value - Key Data

Market Cap (mil) 2,258.82
P/E 9.56x
Forward P/E 8.57x
EPS 2.47
Avg earnings growth rate 9.75%
TTM earnings 236.22