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First Financial Corporation Indiana (THFF)
NASDAQ:THFF
US Market

First Financial Indiana (THFF) AI Stock Analysis

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First Financial Indiana

(NASDAQ:THFF)

65Neutral
First Financial Indiana exhibits strong financial growth and a solid balance sheet, though profitability and cash flow are declining. The technical indicators suggest a neutral to bearish trend. Valuation metrics indicate the stock is fairly priced with a compelling dividend yield. The absence of recent earnings call insights or corporate events leaves these aspects unassessed.

First Financial Indiana (THFF) vs. S&P 500 (SPY)

First Financial Indiana Business Overview & Revenue Model

Company DescriptionFirst Financial Indiana (THFF), primarily operating as First Financial Bank, is a regional bank headquartered in Indiana. It offers a suite of financial products and services, including personal and business banking, mortgage lending, wealth management, and investment services. The bank serves a diverse customer base, providing solutions tailored to meet the financial needs of individuals, families, and businesses across Indiana and surrounding states.
How the Company Makes MoneyFirst Financial Indiana generates revenue through a variety of streams typical of regional banks. Key revenue sources include interest income from loans and mortgages issued to individuals and businesses, as well as fees from various banking services such as account maintenance, transaction processing, and overdrafts. The bank also earns income from its investment services, including wealth management and advisory fees. Additionally, First Financial Indiana benefits from strategic partnerships and local market expertise, which enhance its ability to attract and retain customers, thereby contributing to its overall earnings.

First Financial Indiana Financial Statement Overview

Summary
First Financial Indiana shows strong revenue growth and a solid balance sheet with low leverage. However, declining net profit margins and cash flow present potential challenges. The company should focus on improving profitability and cash generation to sustain long-term financial health.
Income Statement
74
Positive
First Financial Indiana's revenue grew by 30.65% from 2023 to 2024, indicating strong growth. However, the net profit margin decreased to 17.85% in 2024 from 29.93% in 2023, suggesting reduced profitability. The EBIT margin is not available for 2024, which limits a comprehensive analysis of operational efficiency.
Balance Sheet
81
Very Positive
The company maintains a strong equity position with an equity ratio of 9.87% in 2024. The debt-to-equity ratio is low at 0.34, indicating conservative leverage. However, the return on equity decreased to 8.61% in 2024 from 11.49% in 2023, reflecting reduced profitability relative to equity.
Cash Flow
68
Positive
Operating cash flow decreased from $86.09 million in 2023 to $60.37 million in 2024, impacting liquidity. The free cash flow to net income ratio remained stable, indicating consistent cash generation relative to profits. However, the free cash flow growth rate is negative, which may raise concerns about future cash availability.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
264.74M202.67M211.76M185.49M188.82M
Gross Profit
264.74M202.67M211.76M185.49M188.82M
EBIT
-156.86M72.49M112.57M65.61M65.54M
EBITDA
0.000.0093.87M71.77M71.63M
Net Income Common Stockholders
47.27M60.67M71.11M52.99M53.84M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.29B77.04M1.55B2.05B1.68B
Total Assets
5.56B4.85B4.99B5.17B4.56B
Total Debt
187.06M108.58M80.46M109.31M116.06M
Net Debt
93.53M31.82M-139.57M-573.50M-541.41M
Total Liabilities
5.01B4.32B4.51B4.59B3.96B
Stockholders Equity
549.04M527.98M475.28M582.58M596.99M
Cash FlowFree Cash Flow
60.37M79.55M77.36M51.23M73.52M
Operating Cash Flow
60.37M86.09M78.79M55.07M77.42M
Investing Cash Flow
-66.12M-22.10M-433.69M-317.38M-16.25M
Financing Cash Flow
22.52M-209.75M-110.61M287.65M468.87M

First Financial Indiana Technical Analysis

Technical Analysis Sentiment
Positive
Last Price50.06
Price Trends
50DMA
48.07
Positive
100DMA
47.76
Positive
200DMA
45.42
Positive
Market Momentum
MACD
0.18
Negative
RSI
62.80
Neutral
STOCH
90.16
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For THFF, the sentiment is Positive. The current price of 50.06 is above the 20-day moving average (MA) of 45.66, above the 50-day MA of 48.07, and above the 200-day MA of 45.42, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 62.80 is Neutral, neither overbought nor oversold. The STOCH value of 90.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for THFF.

First Financial Indiana Risk Analysis

First Financial Indiana disclosed 43 risk factors in its most recent earnings report. First Financial Indiana reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

First Financial Indiana Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
$549.25M11.2912.00%1.72%8.76%-18.66%
68
Neutral
$584.58M15.307.85%3.09%75.72%-41.36%
66
Neutral
$549.57M13.096.12%5.80%5.10%-24.91%
65
Neutral
$582.95M10.6310.02%3.93%16.84%-1.03%
63
Neutral
$12.37B9.567.95%79.17%12.62%-5.26%
61
Neutral
$552.76M19.596.68%1.01%7.69%13.82%
58
Neutral
$536.46M12.16-5.43%8.08%-18.44%-157.94%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
THFF
First Financial Indiana
49.40
14.56
41.79%
HTBK
Heritage Commerce
9.04
1.34
17.40%
HIFS
Hingham Institution For Savings
249.56
77.21
44.80%
ORRF
Orrstown Financial Services
29.97
4.40
17.21%
WASH
Washington Bancorp
27.60
3.28
13.49%
SPFI
South Plains Financial
34.35
8.73
34.07%

First Financial Indiana Corporate Events

Business Operations and Strategy
First Financial Indiana Executives to Join Janney CEO Forum
Neutral
Jan 28, 2025

On January 30, 2025, key executives from First Financial Corporation, including Norman D. Lowery, Rodger A. McHargue, and Steve Panagouleas, will participate in the Janney CEO Forum. This participation signifies the company’s active engagement in industry dialogues and potential strategic planning discussions, reflecting its ongoing efforts to strengthen its market position and explore growth opportunities. The announcement is intended for informational purposes and highlights the company’s continued focus on financial performance and stakeholder engagement.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.