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THFF logoFirst Financial Corporation(THFF)Earnings, Financials & Key Ratios

THFF•NASDAQ•Banking & Credit
$67.68
$805M mkt cap·10.1× P/E·Price updated May 7, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommunity and retail regional banks
AboutFirst Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans. In addition, it offers lease financing, trust account, depositor, and insurance services. The company operates 78 branches in west-central Indiana, east-central Illinois, western Kentucky, and middle and western Tennessee. First Financial Corporation was founded in 1834 and is headquartered in Terre Haute, Indiana.Show more
  • Net Interest Income$220M+25.6%
  • Total Revenue$326M+6.2%
  • Net Income$79M+67.5%
  • Return on Equity13.2%+50.4%
  • Net Interest Margin3.82%+21.4%
  • Efficiency Ratio47.25%+0.6%
  • ROA1.4%+54.2%
  • Equity / Assets11.31%+14.5%
  • Book Value per Share54.91+18.1%
  • Tangible BV/Share45.25+25.0%
  • Debt/Equity0.74+88.4%
Technical→

THFF Key Insights

First Financial Corporation (THFF) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Strong NIM of 3.8%
  • ✓Efficient operations: 47.2% efficiency ratio
  • ✓Well capitalized: 11.3% equity/assets
  • ✓Healthy dividend yield of 3.0%
  • ✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

THFF Price & Volume

First Financial Corporation (THFF) stock price & volume — 10-year historical chart

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THFF Growth Metrics

First Financial Corporation (THFF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.24%
5 Years9.97%
3 Years12.38%
TTM-

Profit CAGR

10 Years10.12%
5 Years8.03%
3 Years3.66%
TTM67.55%

EPS CAGR

10 Years11.01%
5 Years11.19%
3 Years4.7%
TTM66.58%

Return on Capital

10 Years11.44%
5 Years11.37%
3 Years10.94%
Last Year12.68%

THFF Recent Earnings

First Financial Corporation (THFF) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
Apr 28, 2026
EPS
$1.67
Est $1.64
+1.8%
Revenue
$68M
Est $70M
-2.0%
Q1 2026
Feb 3, 2026
EPS
$1.81
Est $1.69
+7.1%
Revenue
$71M
Est $68M
+3.6%
Q4 2025
Oct 28, 2025
EPS
$1.75
Est $1.61
+8.7%
Revenue
$66M
Est $68M
-3.2%
Q3 2025
Jul 22, 2025
EPS
$1.57
Est $1.43
+9.8%
Revenue
$63M
Est $65M
-3.2%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 28, 2026
$1.67vs $1.64+1.8%
$68Mvs $70M-2.0%
Q1 2026Feb 3, 2026
$1.81vs $1.69+7.1%
$71Mvs $68M+3.6%
Q4 2025Oct 28, 2025
$1.75vs $1.61+8.7%
$66Mvs $68M-3.2%
Q3 2025Jul 22, 2025
$1.57vs $1.43+9.8%
$63Mvs $65M-3.2%
Based on last 12 quarters of dataView full earnings history →

THFF Peer Comparison

First Financial Corporation (THFF) competitors in Community and retail regional banks — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
FFIN logoFFINFirst Financial Bankshares, Inc.Direct Competitor4.61B32.3920.7618.79%13.25%0.12
FFBC logoFFBCFirst Financial Bancorp.Direct Competitor3.18B30.4311.442.75%9.77%0.43
FNLC logoFNLCThe First Bancorp, Inc.Direct Competitor328.53M29.159.507.37%12.7%0.66
FBIZ logoFBIZFirst Business Financial Services, Inc.Direct Competitor473.21M56.729.366.43%14.12%0.70
MVBF logoMVBFMVB Financial Corp.Direct Competitor338.97M26.3912.8118.96%8.46%0.23
HONE logoHONEHarborOne Bancorp, Inc.Direct Competitor522.22M12.1018.3310.7%4.56%0.90
CZWI logoCZWICitizens Community Bancorp, Inc.Direct Competitor202.97M21.0814.44-9.41%7.81%0.28
MBWM logoMBWMMercantile Bank CorporationProduct Competitor898.44M52.019.532.74%13.54%1.14

Compare THFF vs Peers

First Financial Corporation (THFF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FFIN

Most directly comparable listed peer for THFF.

Scale Benchmark

vs ICE

Larger-name benchmark to compare THFF against a more recognizable public peer.

Peer Set

Compare Top 5

vs FFIN, FFBC, FNLC, FBIZ

THFF Income Statement

First Financial Corporation (THFF) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income107.86M116.58M131.65M146.35M143.4M165.04M167.26M174.99M219.85M
NII Growth %2.75%8.09%12.93%11.16%-2.01%15.09%1.35%4.62%25.64%
Net Interest Margin %3.59%3.87%3.27%3.21%2.77%3.31%3.45%3.15%3.82%
Interest Income114.19M126.22M149.12M160.49M152.2M183.3M228.4M264.74M295.65M
Interest Expense6.34M9.64M17.47M14.14M8.8M18.26M61.13M89.76M75.8M
Loan Loss Provision5.29M5.77M4.7M10.53M2.47M-2.02M7.29M16.17M-2.95M
Non-Interest Income35.94M38.21M38.45M42.48M42.08M46.72M42.7M42.77M30.79M
Non-Interest Income %23.94%23.24%20.5%20.93%21.66%20.31%15.75%13.91%9.43%
Total Revenue
150.13M▲ 0%
164.43M▲ 9.5%
187.57M▲ 14.1%
202.96M▲ 8.2%
194.28M▼ 4.3%
230.02M▲ 18.4%
271.1M▲ 17.9%
307.51M▲ 13.4%
326.44M▲ 6.2%
Revenue Growth %-3.95%9.52%14.07%8.2%-4.28%18.39%17.86%13.43%6.16%
Non-Interest Expense88.75M91.29M104.41M112.76M117.41M126.02M130.18M144.44M154.23M
Efficiency Ratio59.11%55.52%55.66%55.56%60.43%54.79%48.02%46.97%47.25%
Operating Income
49.75M▲ 0%
57.73M▲ 16.0%
61M▲ 5.7%
65.54M▲ 7.4%
65.61M▲ 0.1%
87.76M▲ 33.8%
72.49M▼ 17.4%
57.15M▼ 21.2%
99.36M▲ 73.8%
Operating Margin %33.14%35.11%32.52%32.29%33.77%38.15%26.74%18.59%30.44%
Operating Income Growth %-14.65%16.03%5.67%7.44%0.12%33.75%-17.4%-21.16%73.84%
Pretax Income
49.75M▲ 0%
57.73M▲ 16.0%
61M▲ 5.7%
65.54M▲ 7.4%
65.61M▲ 0.1%
87.76M▲ 33.8%
72.49M▼ 17.4%
57.15M▼ 21.2%
99.36M▲ 73.8%
Pretax Margin %33.14%35.11%32.52%32.29%33.77%38.15%26.74%18.59%30.44%
Income Tax20.62M11.14M12.13M11.69M12.63M16.65M11.82M9.88M20.15M
Effective Tax Rate %41.45%19.31%19.88%17.84%19.24%18.97%16.31%17.28%20.28%
Net Income
29.13M▲ 0%
46.58M▲ 59.9%
48.87M▲ 4.9%
53.84M▲ 10.2%
52.99M▼ 1.6%
71.11M▲ 34.2%
60.67M▼ 14.7%
47.27M▼ 22.1%
79.21M▲ 67.5%
Net Margin %19.4%28.33%26.05%26.53%27.27%30.91%22.38%15.37%24.26%
Net Income Growth %-24.16%59.91%4.91%10.17%-1.59%34.2%-14.68%-22.08%67.55%
Net Income (Continuing)29.13M46.58M48.87M53.84M52.99M71.11M60.67M47.27M79.21M
EPS (Diluted)
2.38▲ 0%
3.80▲ 59.7%
3.80▲ 0.0%
3.93▲ 3.4%
4.02▲ 2.3%
5.82▲ 44.8%
5.08▼ 12.7%
4.00▼ 21.3%
6.68▲ 67.0%
EPS Growth %-23.72%59.66%0%3.42%2.29%44.78%-12.71%-21.26%67%
EPS (Basic)2.383.803.803.934.025.825.084.006.68
Diluted Shares Outstanding12.22M12.26M12.87M13.72M13.19M12.21M11.94M11.81M11.85M

THFF Balance Sheet

First Financial Corporation (THFF) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments889.04M859.3M1.05B1.68B2.05B1.55B1.34B820.49M825.32M
Cash & Due from Banks74.11M74.39M127.43M657.47M688.03M222.52M76.76M93.53M130.37M
Short Term Investments814.93M784.92M926.72M1.02B1.36B1.33B1.26B726.96M694.96M
Total Investments2.7B2.72B3.56B3.59B4.13B4.36B4.39B5.03B5.16B
Investments Growth %1.03%0.62%31.07%0.67%15.06%5.6%0.67%14.62%2.55%
Long-Term Investments1.89B1.93B2.64B2.57B2.77B3.03B3.13B4.3B4.46B
Accounts Receivables12.91M13.97M18.52M16.96M16.95M21.29M24.88M26.93M27.76M
Goodwill & Intangibles35.98M35.55M90.67M89.17M94.16M93.7M92.57M121.57M114.46M
Goodwill34.35M34.35M78.59M78.59M86.14M86.98M86.98M100.03M98.23M
Intangible Assets1.63M1.2M12.08M10.57M8.02M6.71M5.59M21.55M16.23M
PP&E (Net)48.27M46.55M62.58M62.06M69.52M66.15M67.29M89.23M78.58M
Other Assets127.61M119.79M160.89M147.9M179.34M227.49M202.46M200.48M248.12M
Total Current Assets901.95M873.27M1.07B1.7B2.06B1.57B1.36B847.42M853.09M
Total Non-Current Assets2.1B2.14B2.95B2.87B3.11B3.41B3.49B4.71B4.9B
Total Assets
3B▲ 0%
3.01B▲ 0.3%
4.02B▲ 33.7%
4.56B▲ 13.4%
5.18B▲ 13.5%
4.99B▼ 3.6%
4.85B▼ 2.8%
5.56B▲ 14.6%
5.76B▲ 3.5%
Asset Growth %0.41%0.27%33.72%13.35%13.48%-3.59%-2.77%14.62%3.52%
Return on Assets (ROA)0.97%1.55%1.39%1.25%1.09%1.4%1.23%0.91%1.4%
Accounts Payable000000000
Total Debt115.37M69.66M111.09M127.72M115.53M80.46M175.8M215.18M480.68M
Net Debt41.27M-4.73M-16.33M-529.75M-572.5M-142.05M99.04M121.65M350.31M
Long-Term Debt0030.97M5.86M15.94M9.59M108.58M28.12M188.21M
Short-Term Debt115.37M69.66M80.12M116.06M93.37M70.88M67.22M187.06M292.47M
Other Liabilities13.07M59.63M79.19M79.86M67.42M64.65M57.3M77.22M73.47M
Total Current Liabilities2.57B2.51B3.36B3.87B4.5B4.44B4.16B4.91B4.84B
Total Non-Current Liabilities13.07M59.63M110.17M91.52M89.58M74.24M165.88M105.34M261.68M
Total Liabilities2.59B2.57B3.47B3.96B4.59B4.51B4.32B5.01B5.11B
Total Equity
413.57M▲ 0%
442.7M▲ 7.0%
557.61M▲ 26.0%
596.99M▲ 7.1%
582.58M▼ 2.4%
475.29M▼ 18.4%
527.98M▲ 11.1%
549.04M▲ 4.0%
650.87M▲ 18.5%
Equity Growth %-0.2%7.04%25.96%7.06%-2.41%-18.42%11.08%3.99%18.55%
Equity / Assets (Capital Ratio)13.78%14.71%13.86%13.09%11.26%9.53%10.88%9.87%11.31%
Return on Equity (ROE)7.04%10.88%9.77%9.33%8.98%13.44%12.09%8.78%13.2%
Book Value per Share33.8336.1243.3443.5344.1738.9244.2346.4854.91
Tangible BV per Share30.8933.2236.3037.0237.0331.2536.4836.1945.25
Common Stock1.82M1.82M2M2.01M2.01M2.01M2.01M2.02M2.02M
Additional Paid-in Capital75.62M76.77M139.69M140.82M141.98M143.19M144.15M145.93M147.44M
Retained Earnings420.27M456.72M492.06M521.1M559.14M614.83M663.73M687.37M741.79M
Accumulated OCI-14.7M-23.45M-7.5M9.76M-2.43M-139.97M-127.09M-132.28M-86.68M
Treasury Stock-69.45M-69.16M-68.64M-76.7M-118.13M-144.76M-154.83M-153.99M-153.71M
Preferred Stock000000000

THFF Cash Flow Statement

First Financial Corporation (THFF) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations50.13M57.45M49.9M77.42M55.07M78.79M86.09M60.37M90.41M
Operating CF Growth %21.71%14.59%-13.14%55.16%-28.88%43.07%9.27%-29.88%49.76%
Net Income29.13M46.58M48.87M53.84M52.99M71.11M60.67M47.27M79.21M
Depreciation & Amortization4.43M4.16M4.82M6.1M6.15M6.11M6.53M9.95M0
Deferred Taxes-4.24M-2.43M-2.84M-3.77M-1.57M-3.15M-472K3.28M0
Other Non-Cash Items19.65M8.35M-2.1M17.39M-5.7M6.78M20.54M-1.08M12.03M
Working Capital Changes-602K-1.06M-903K1.57M982K-4.34M-3.59M-2.06M-828K
Cash from Investing-26.67M-34.32M-32.87M-16.25M-312.16M-433.69M-22.1M-66.12M-126.16M
Purchase of Investments-111.14M-124.33M-129.47M-366M-589.8M-345.2M-30.46M-40.1M0
Sale/Maturity of Investments151.56M143.16M185.02M288.79M271.58M179.6M111.54M163.69M0
Net Investment Activity40.42M18.82M55.56M-77.21M-318.22M-165.6M81.08M123.59M0
Acquisitions00-32.83M0-23.09M0028.15M0
Other Investing-64.11M-51.13M-54.49M64.87M32.99M-266.66M-96.64M-211.76M-126.16M
Cash from Financing-24.37M-22.84M36M468.87M287.65M-110.61M-209.75M22.52M72.59M
Dividends Paid-30.56M-12.5M-12.65M-14.27M-14.18M-14.46M-15.38M-21.25M-24.16M
Share Repurchases-503K-391K-315K-9.22M-42.47M-27.7M-11.51M-376K-795K
Stock Issued000000000
Net Stock Activity-503K-391K-315K-9.22M-42.47M-27.7M-11.51M-376K-795K
Debt Issuance (Net)-1000K1000K-1000K1000K-1000K-1000K1000K1000K1000K
Other Financing30.12M-21.93M104.11M481.73M367.99M-39.55M-278.2M6.56M-167.78M
Net Change in Cash
-905K▲ 0%
281K▲ 131.0%
53.04M▲ 18774.7%
530.04M▲ 899.4%
30.56M▼ 94.2%
-465.51M▼ 1623.4%
-145.76M▲ 68.7%
16.77M▲ 111.5%
36.84M▲ 119.7%
Exchange Rate Effect000000000
Cash at Beginning75.01M74.11M74.39M127.43M657.47M688.03M222.52M76.76M93.53M
Cash at End74.11M74.39M127.43M657.47M688.03M222.52M76.76M93.53M130.37M
Interest Paid6.34M9.41M16.34M14.85M9.14M18.46M59.03M88.55M86.44M
Income Taxes Paid11.16M7.18M9.6M7.55M15.03M13.53M11.35M10.48M13.13M
Free Cash Flow
47.16M▲ 0%
55.44M▲ 17.6%
48.8M▼ 12.0%
73.52M▲ 50.7%
51.23M▼ 30.3%
77.36M▲ 51.0%
79.55M▲ 2.8%
54.26M▼ 31.8%
85.28M▲ 57.2%
FCF Growth %23.63%17.56%-11.97%50.66%-30.31%51%2.83%-31.79%57.18%

THFF Banking Ratios

First Financial Corporation (THFF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)9.32%7.04%10.88%9.77%9.33%8.98%13.44%12.09%8.78%13.2%
Return on Assets (ROA)1.29%0.97%1.55%1.39%1.25%1.09%1.4%1.23%0.91%1.4%
Net Interest Margin3.51%3.59%3.87%3.27%3.21%2.77%3.31%3.45%3.15%3.82%
Efficiency Ratio57.77%59.11%55.52%55.66%55.56%60.43%54.79%48.02%46.97%47.25%
Equity / Assets13.87%13.78%14.71%13.86%13.09%11.26%9.53%10.88%9.87%11.31%
Book Value / Share33.6433.8336.1243.3443.5344.1738.9244.2346.4854.91
NII Growth0.45%2.75%8.09%12.93%11.16%-2.01%15.09%1.35%4.62%25.64%
Dividend Payout32.17%104.89%26.83%25.88%26.51%26.76%20.33%25.35%44.95%30.51%

THFF SEC Filings & Documents

First Financial Corporation (THFF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 28, 2026·SEC

Material company update

Apr 15, 2026·SEC

Material company update

Mar 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 4, 2026·SEC

FY 2025

Mar 5, 2025·SEC

FY 2024

Mar 11, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 7, 2025·SEC

THFF Frequently Asked Questions

First Financial Corporation (THFF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

First Financial Corporation (THFF) grew revenue by 6.2% over the past year. This is steady growth.

Yes, First Financial Corporation (THFF) is profitable, generating $79.2M in net income for fiscal year 2025 (24.3% net margin).

Dividend & Returns

Yes, First Financial Corporation (THFF) pays a dividend with a yield of 3.01%. This makes it attractive for income-focused investors.

First Financial Corporation (THFF) has a return on equity (ROE) of 13.2%. This is reasonable for most industries.

Industry Metrics

First Financial Corporation (THFF) has a net interest margin (NIM) of 3.8%. This indicates healthy earnings from lending activities.

First Financial Corporation (THFF) has an efficiency ratio of 47.2%. This is excellent, indicating strong cost control.

Explore More THFF

First Financial Corporation (THFF) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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