First Financial Corporation Indiana (NASDAQ:THFF) Declares Quarterly Dividend of $0.56

First Financial Corporation Indiana (NASDAQ:THFF) announced a quarterly dividend on Wednesday, June 17th. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.56 per share by the bank on Wednesday, July 15th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Wednesday, July 1st.

First Financial Corporation Indiana has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. First Financial Corporation Indiana has a dividend payout ratio of 37.0% meaning its dividend is sufficiently covered by earnings. Analysts expect First Financial Corporation Indiana to earn $7.60 per share next year, which means the company should continue to be able to cover its $2.24 annual dividend with an expected future payout ratio of 29.5%.

First Financial Corporation Indiana Trading Down 1.2%

Shares of THFF stock traded down $0.87 during trading hours on Wednesday, hitting $72.88. 162,937 shares of the company were exchanged, compared to its average volume of 80,192. The firm has a fifty day moving average of $68.12 and a 200 day moving average of $64.92. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.32. First Financial Corporation Indiana has a 1 year low of $49.72 and a 1 year high of $75.61. The firm has a market cap of $866.54 million, a PE ratio of 10.72 and a beta of 0.43.

First Financial Corporation Indiana (NASDAQ:THFF) last issued its quarterly earnings results on Tuesday, April 28th. The bank reported $1.67 EPS for the quarter, topping the consensus estimate of $1.64 by $0.03. The firm had revenue of $68.15 million during the quarter, compared to analyst estimates of $69.57 million. First Financial Corporation Indiana had a net margin of 22.82% and a return on equity of 12.81%. Analysts expect that First Financial Corporation Indiana will post 7.32 earnings per share for the current year.

About First Financial Corporation Indiana

First Financial Corporation Indiana is a bank holding company headquartered in Terre Haute, Indiana, that offers a full suite of financial services to individuals and businesses. Through its subsidiary, First Financial Bank, the company provides traditional banking products including checking and savings accounts, certificates of deposit, and cash management solutions. It also offers consumer and commercial lending services ranging from residential mortgages and home equity lines of credit to working capital loans and equipment financing.

The company’s service offerings extend beyond core banking to include wealth management and trust services, retirement planning, and brokerage solutions.