First Financial Corporation

NASDAQ•THFF

CEO: Mr. Norman D. Lowery

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 1992-03-03

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans. In addition, the company offers lease financing, trust account, depositor, and insurance services. The company was founded in 1834 and is headquartered in Terre Haute, Indiana.

Contact Information

One First Financial Plaza, Terre Haute, IN, 47807, United States

812-238-6000

www.first-online.bank

Market Cap

$734.94M

P/E (TTM)

9.3

14.6

Dividend Yield

3.4%

52W High

$69.21

52W Low

$42.05

52W Range

73%

Rank35Top 29.9%

4.6

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.6 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$70.55M-41.60%

4-Quarter Trend

EPS

$1.81+0.00%

4-Quarter Trend

FCF

$27.51M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Growth Net income rose to 79.2M in 2025 from 47.3M in 2024, primarily driven by organic growth and improved net interest income.

Net Interest Margin Net interest margin expanded to 4.29% in 2025 from 3.71% in 2024, supported by a 37 basis point increase in earning asset yields.

Strong Capital Position Corporation maintained robust capital with a 13.21% CET1 ratio and 14.22% total risk-based capital ratio as of December 31, 2025.

Risk Factors

Credit Quality Deterioration Non-accrual loans increased to 27.5M in 2025 from 11.5M in 2024, reflecting potential credit risk within the commercial and real estate portfolios.

Interest Rate Sensitivity Earnings remain highly sensitive to interest rate fluctuations; 2025 Fed rate cuts impacted net interest income and future rate changes remain uncertain.

Geographic Concentration Risk Operations are concentrated in specific regional markets, making the Corporation highly susceptible to local economic downturns and regional real estate market volatility.

Outlook

Strategic Growth Focus Corporation continues to pursue growth through organic expansion and strategic acquisitions, such as the completed CedarStone merger effective March 1, 2026.

Capital Management Strategy Management expects to maintain a strong capital position to support operations and continue the policy of paying regular cash dividends to shareholders.

Regulatory Compliance Adaptation The Corporation is actively assessing and preparing for new accounting standards and regulatory requirements, including upcoming CECL-related updates effective in 2026.

Peer Comparison

Revenue (TTM)

BOH

$1.08B

+5.2%

BFST

$511.93M

+11.8%

CAC

$367.34M

+26.8%

Gross Margin (Latest Quarter)

THFF

96.6%

+26.3pp

FCBC

90.9%

+4.8pp

BCAL

83.9%

+0.0pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
BOH	$2.95B	14.3	11.6%	0.4%
BFST	$869.12M	8.9	10.2%	6.7%
HBNC	$828.19M	-5.5	-20.6%	6.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-5.5%

Growth Under Pressure

4Q Net Income CAGR

5.2%

Profitability Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 20, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data