First Financial Bancorp (FFBC) : Neumeier Poma Investment Counsel scooped up 15,500 additional shares in First Financial Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 1,116,675 shares of First Financial Bancorp which is valued at $23,796,344.First Financial Bancorp makes up approximately 3.57% of Neumeier Poma Investment Counsel’s portfolio.
Other Hedge Funds, Including , Tower Research Capital (trc) sold out all of its stake in FFBC during the most recent quarter. The investment firm sold 62 shares of FFBC which is valued $1,321.Teacher Retirement System Of Texas boosted its stake in FFBC in the latest quarter, The investment management firm added 864 additional shares and now holds a total of 8,615 shares of First Financial Bancorp which is valued at $186,859. Cutler Group Lp sold out all of its stake in FFBC during the most recent quarter. The investment firm sold 511 shares of FFBC which is valued $10,317.
First Financial Bancorp opened for trading at $21.52 and hit $21.67 on the upside on Tuesday, eventually ending the session at $21.59, with a gain of 0.33% or 0.07 points. The heightened volatility saw the trading volume jump to 1,39,550 shares. Company has a market cap of $1,338 M.
On the company’s financial health, First Financial Bancorp reported $0.32 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus of $0.33.Analysts expectations of $ 84.50.During the same quarter in the previous year, the company posted $0.29 EPS.
Investors should note that on Jul 27, 2016, First Financial Bancorp announced a cash dividend of $0.1600. The company’s management has announced Aug 31, 2016 as the ex-dividend date and fixed the record date on Sep 2, 2016. The payable date has been fixed on Oct 3, 2016.
Many Wall Street Analysts have commented on First Financial Bancorp. First Financial Bancorp was Downgraded by Hilliard Lyons to ” Neutral” on Jul 25, 2016.
First Financial Bancorp. (First Financial) is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary First Financial Bank National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses includes commercial lending real estate lending and consumer financing. Real estate loans are loans secured by a mortgage lien on the real property of the borrower which may either be residential property (one to four family residential housing units) or commercial property. First Financial offers deposit products that include interest-bearing and non-interest-bearing accounts time deposits and cash management services for commercial customers. First Financials Wealth Management division provides a range of trust and asset management services.