
First Financial (THFF) Stock Forecast & Price Target
First Financial (THFF) Analyst Ratings
Bulls say
First Financial Corp has demonstrated robust loan growth for the seventh consecutive quarter, with a 4% increase in loans on a Last Quarter Annualized (LQA) basis, reflecting strong demand from healthy commercial pipelines. The company's margin has expanded for five consecutive quarters, driven by ongoing asset repricing and stable deposit costs, indicating effective management of its financial products. Additionally, the positive earnings trend is supported by favorable credit conditions, reinforcing the company's solid performance in the competitive financial services market.
Bears say
First Financial Corp reported a 14% quarterly decline in non-performing assets (NPAs) to $8.3 million, which now constitute 21 basis points of loans and other real estate owned, indicating some improvement in asset quality. However, the company's provision for loan losses amounted to $2.0 million, falling short of an estimated $3.5 million, reflecting potential underestimation of future credit costs. Additionally, concerns regarding reduced loan demand and margin pressure in the current interest rate environment pose significant risks to the company's earnings outlook.
This aggregate rating is based on analysts' research of First Financial and is not a guaranteed prediction by Public.com or investment advice.
First Financial (THFF) Analyst Forecast & Price Prediction
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