First Financial Bancorp. (NASDAQ:FFBC) Updates On Dividend Release Date


On 2016-07-28, First Financial Bancorp. (NASDAQ:FFBC) confirmed the dividend disbursement of $0.16 a share to shareholders as on record 2016-09-02. The firm will release dividend on 2016-10-03 while ex-dividend date is reported to be 2016-08-31.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, First Financial Bancorp. (NASDAQ:FFBC) paid a total of $0.16 per share in dividends. This figure stood at $0.16 a share in the same period a year ago indicating a deviation of 4.918%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $20.75 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $23 and $17, respectively.

Taking the mathematical rating formula, the price for First Financial Bancorp. (NASDAQ:FFBC) stands at 3.13. Earnings Review First Financial Bancorp. (NASDAQ:FFBC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.36.

Coming to the quarter ending on 2015-12-31, First Financial Bancorp. (NASDAQ:FFBC) recorded EPS of $0.36. The reported numbers came lower than the analysts’ estimates of $0.34, demonstrating a miss of $0.02 as against reported figures.

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