Raymond James analyst Daniel Tamayo lowered the firm’s price target on First Financial Bancorp (FFBC) to $28 from $30 and keeps an Outperform rating on the shares. Core trends were solid in Q3, with stronger fee revenues driving pre-tax pre-provision income upside despite higher expenses, while credit metrics remained healthy though elevated commercial real estate payoffs and seasonal deposit outflows limited balance sheet growth, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FFBC:
- First Financial Bancorp Reports Record Revenue in Q3 2025
- First Financial Bancorp reports Q3 adjusted EPS 76c, consensus 75c
- FFBC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- First Financial Bancorp Gains Approval for Westfield Merger
- First Financial Bancorp upgraded to Outperform from Market Perform at Raymond James