THFFNasdaqState Commercial BanksFiscal year ends December 31
FIRST FINANCIAL CORP /IN/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$73.98−0.17 (-0.23%)
Close on Oct 19, 2026
- Market cap
- $879.70M
- P/E (TTM)
- 10.4
- Dividend yield
- 2.83%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
30.3%+1.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +20.2% | +7.3% | +6.8% | +6.2% | |
| Net income | +67.5% | +3.7% | +8.0% | +10.1% | |
| EPS, diluted | +67.0% | +4.7% | +11.2% | +11.0% | |
| Free cash flow | +59.3% | +3.8% | +3.3% | +8.6% | |
| Dividend per share | +12.4% | +17.8% | +14.8% | +7.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.3% | 9.4% | 13.2% | |
| Return on assets | 1.3% | 1.3% | 1.4% | |
| Capex to revenue | 2.0% | 2.1% | 1.5% | |
| Diluted shares | 12M | 14M | 12M |
Where the cash went
Fiscal 2021 to 2025, five years combined
First Financial generated $370.72M from operations and spent $194.19M on capital expenditure, dividends and share buybacks. 11% of that went back into the business.
Generated
$370.72M
Used
$194.19M
Capital expenditure$21.89M11%Dividends$89.44M46%Share buybacks$82.86M43%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin30.3%
×Asset turnover0.05×
×Equity multiplier9.43×
=Return on equity, FY202513.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 30.3% | 0.05× | 9.43× | 13.2% |
| FY2024 | 21.7% | 0.04× | 9.67× | 8.8% |
| FY2023 | 28.9% | 0.04× | 9.81× | 12.1% |
| FY2022 | 33.6% | 0.04× | 9.61× | 13.4% |
| FY2021 | 28.6% | 0.04× | 8.25× | 9.0% |
| FY2020 | 28.5% | 0.04× | 7.50× | 9.4% |
| FY2019 | 28.7% | 0.05× | 7.10× | 9.9% |
| FY2018 | 30.1% | 0.05× | 7.02× | 10.9% |
| FY2017 | 20.3% | 0.05× | 7.23× | 7.0% |
| FY2016 | 25.3% | 0.05× | 7.24× | 9.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$79.21M
- Cash generatingOperating cash flow above zero$90.41M
- Return on assets improvedROA up on the prior year1.0% → 1.4%
- Earnings backed by cashOperating cash flow above net income$90.41M vs $79.21M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise12M → 12M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.05