First Financial Bancorp.
FFBCFinancial Services · Stock · quarterly payer
Forward Yield
3.15%
Annual Dividend
$1.01
Payout Ratio
35%
5-Yr Growth
1.3%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of September 2026, First Financial Bancorp. (FFBC) yields 3.15% ($1.01 per share annually), with a blended fair-value estimate of $71.32 — +117% upside, so it screens as undervalued. Dividend safety grade: A (83/100). 2 years of dividend growth.
Is FFBC a good dividend stock?
YesFirst Financial Bancorp. (FFBC) pays a quarterly dividend yielding 3.15% ($1.01/yr), with 2 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (35%)
- 40% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2014
Key Data
- Dividend Yield
- 3.15%
- Payout Ratio
- 35%
- Annual Dividend
- $1.01
- 5-Yr Avg Growth
- 1.3%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.93
- Market Cap
- $3.4B
- P/E Ratio
- 11.3
- 5-Yr Total Return
- 40%
- 52-Week Range
- $23.06 – $36.25
- Dividend Safety
- A · 83/100
- Ever Cut?
- Yes (2014)
Frequently Asked Questions
FFBC Price — Last 12 Months
Daily close
Price Return
1 Year
+30%
3 Years
+67%
5 Years
+40%
52-Week Range
$23.06 – $36.25
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is FFBC worth?
Undervaluedlow confidenceOur blended fair-value estimate for First Financial Bancorp. is $71.32 per share, versus a market price of $32.82. That implies 117% of upside — a margin of safety of about 54%.
Fair Value
$71.32
Current Price
$32.82
Upside
+117%
Margin of Safety
54%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 15.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.9% discount rate (CAPM), 15.7% stage-1 growth, 2.5% terminal growth, $2.83 EPS, $1.01 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
FFBC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | — | $0.2600 | regular |
| Jun 1, 2026 | — | $0.2500 | regular |
| Mar 2, 2026 | — | $0.2500 | regular |
| Dec 1, 2025 | — | $0.2500 | regular |
| Sep 2, 2025 | — | $0.2500 | regular |
| Jun 2, 2025 | — | $0.2400 | regular |
| Mar 3, 2025 | — | $0.2400 | regular |
| Dec 2, 2024 | — | $0.2400 | regular |
| Aug 30, 2024 | — | $0.2400 | regular |
| Jun 3, 2024 | — | $0.2300 | regular |
| Feb 29, 2024 | — | $0.2300 | regular |
| Nov 30, 2023 | — | $0.2300 | regular |
| Aug 31, 2023 | — | $0.2300 | regular |
| May 31, 2023 | — | $0.2300 | regular |
Income Calculator
At $1.01 / yr per share
