First Financial Q4 net income rises 33% yr/yr

First Financial

03/02/2026 15:08

Overview

First Financial's Q4 net income rose to $21.5 mln from $16.2 mln yr/yr

Net interest income reached a record $60.6 mln, with margin at 4.66%

Company achieved ninth consecutive quarter of loan growth, surpassing $4 bln

Outlook

Company did not provide specific guidance for future quarters or the upcoming year

Result Drivers

NET INTEREST INCOME - Record net interest income of $60.6 mln driven by interest recovery and fees from resolution of impaired credit

LOAN GROWTH - Loan growth driven by increases in commercial construction, real estate, and consumer auto loans

NON-INTEREST INCOME DECLINE - Non-interest income fell due to investment portfolio restructuring and transition to paid time-off

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Interest Income
$60.60 mln
Q4 Credit Loss Provision
-$2.4 mln
Q4 Net Interest Margin
4.66%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for First Financial Corp is $62.00, about 5.9% below its February 2 closing price of $65.89

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX2hjSMQ

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)