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First Financial Indiana (THFF) AI Stock Analysis
First Financial Indiana
(NASDAQ:THFF)
Overall score is driven primarily by solid financial performance (improving profitability and strong cash conversion) tempered by rising leverage on the balance sheet. Technicals are supportive with the price above major moving averages and positive MACD, while valuation is attractive with a low P/E and solid dividend yield; corporate events add a modest positive tilt due to the merger and dividend continuity.
First Financial Indiana (THFF) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $910.80M
- Dividend Yield
- 2.92%
- Average Volume (3M)
- 122.67K
- Price to Earnings (P/E)
- 9.9
- Beta (1Y)
- 0.81
- Revenue Growth
- 9.80%
- EPS Growth
- 23.15%
- Country
- US
- Employees
- 946
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Banks - Regional
First Financial Indiana Business Overview & Revenue Model
Company Description
First Financial Corporation operates as the bank holding company for First Financial Bank N.A. that provides various financial services for individuals and businesses in west-central Indiana, east-central Illinois, western Kentucky, central and easte...
How the Company Makes Money
THFF makes money primarily through traditional banking income streams generated by its bank subsidiary. The largest revenue source is typically net interest income: the bank earns interest and fees on interest-earning assets (mainly commercial loans,...
First Financial Indiana Financial Statement Overview
Summary
Profitability and cash conversion are solid: net margin improved to ~26.8% TTM and free cash flow is strong (~$105M TTM) with FCF-to-net income ~0.99. The key offset is balance-sheet risk, with debt-to-equity rising to ~0.71 TTM (materially higher than prior years), and some earnings/margin volatility across the cycle.
Income Statement
78PositiveBalance Sheet
64PositiveCash Flow
74Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 341.72M | 326.44M | 307.51M | 271.10M | 230.02M | 194.28M |
| Gross Profit | 271.36M | 253.59M | 201.59M | 202.67M | 213.78M | 183.02M |
| EBITDA | 134.85M | 111.58M | 67.10M | 79.02M | 93.87M | 71.77M |
| Net Income | 91.44M | 79.21M | 47.27M | 60.67M | 71.11M | 52.99M |
Balance Sheet | ||||||
| Total Assets | 6.06B | 5.76B | 5.56B | 4.85B | 4.99B | 5.18B |
| Cash, Cash Equivalents and Short-Term Investments | 1.20B | 825.32M | 820.49M | 1.34B | 1.55B | 2.05B |
| Total Debt | 465.82M | 480.68M | 215.18M | 175.80M | 80.46M | 115.53M |
| Total Liabilities | 5.40B | 5.11B | 5.01B | 4.32B | 4.51B | 4.59B |
| Stockholders Equity | 660.45M | 650.87M | 549.04M | 527.98M | 475.29M | 582.58M |
Cash Flow | ||||||
| Free Cash Flow | 105.30M | 86.42M | 54.26M | 79.55M | 77.36M | 51.23M |
| Operating Cash Flow | 106.49M | 90.41M | 60.37M | 86.09M | 78.79M | 55.07M |
| Investing Cash Flow | -90.15M | -126.16M | -66.12M | -22.10M | -433.69M | -312.16M |
| Financing Cash Flow | -11.29M | 72.59M | 22.52M | -209.75M | -110.61M | 287.65M |
First Financial Indiana Technical Analysis
Price Trends
Market Momentum
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 76.59 is above the 20-day moving average (MA) of 75.71, above the 50-day MA of 75.89, and above the 200-day MA of 70.70, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 51.52 is Neutral, neither overbought nor oversold. The STOCH value of 51.32 is Neutral, 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 46 risk factors in its most recent earnings report. First Financial Indiana reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
0 New RisksFirst Financial Indiana Peers Comparison
Overall Rating
SRCE85Outperform
LKFN84Outperform
GABC83Outperform
HBNC80Outperform
OSBC77Outperform- THFF74Outperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SRCE | 85Outperform | $2.15B | 11.96 | 13.75% | 1.98% | 3.90% | 20.76% |
| LKFN | 84Outperform | $1.55B | 13.64 | 15.07% | 3.39% | 2.03% | 18.45% |
| GABC | 83Outperform | $1.91B | 13.03 | 12.39% | 2.41% | 12.24% | 35.76% |
| HBNC | 80Outperform | $1.10B | 9.98 | 15.17% | 3.07% | 423.76% | ― |
| OSBC | 77Outperform | $1.28B | 11.27 | 12.41% | 1.19% | 22.41% | 40.35% |
| THFF | 74Outperform | $942.08M | 9.95 | 13.84% | 2.92% | 9.80% | 23.15% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| THFF | First Financial Corporation Indiana | 76.59 | 22.30 | 41.07% | |
| SRCE | 1st Source Corporation | 87.35 | 27.88 | 46.88% | |
| GABC | German American Bancorp | 50.56 | 11.97 | 31.02% | |
| HBNC | Horizon Bancorp | 20.85 | 5.41 | 35.00% | |
| LKFN | Lakeland Financial | 61.37 | 5.45 | 9.75% | |
| OSBC | Old Second | 24.35 | 6.27 | 34.65% |
First Financial Indiana Corporate Events
First Financial Indiana Announces CFO Retirement and Successor
PositiveOn September 17, 2026, First Financial Corporation announced that longtime Chief Financial Officer and Secretary/Treasurer Rodger A. McHargue will retire on December 31, 2026, concluding a tenure as CFO that began in 2010. During his time in the role...
First Financial Indiana Declares Quarterly Cash Dividend
PositiveOn September 17, 2026, First Financial Corporation announced that its board of directors had declared a quarterly cash dividend of $0.56 per share. The dividend will be paid on October 15, 2026, to shareholders of record as of the close of business o...
First Financial Indiana Highlights Strength at Investor Conferences
PositiveOn September 9, 2026, senior executives of First Financial Corporation, including CEO Norman D. Lowery, CFO Rodger A. McHargue and other finance and credit leaders, participated in Raymond James’ U.S. Bank and Banking on Tech conferences, prese...
First Financial Indiana Announces Merger with First Illinois
PositiveOn August 27, 2026, First Financial Corporation and First Illinois Corporation announced a definitive merger agreement under which First Illinois will be folded into First Financial in a stock-and-cash deal valued at about $111.3 million. First Illin...
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.
Date of analysis: Nov 05, 2026