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Mar 31, 2021
First Financial Q1 2021 Earnings Report
Reported solid performance despite continued headwinds of the global pandemic.
Key Takeaways
First Financial Corporation reported a net income of $12.9 million for the first quarter of 2021, compared to $12.2 million for the same period in 2020. Diluted net income per common share was $0.95, up from $0.89 in the prior year. The return on average assets was 1.12%, slightly lower than the 1.21% reported for the first quarter of 2020.
Net income increased to $12.9 million compared to $12.2 million in the same period of 2020.
Diluted net income per common share rose to $0.95, compared to $0.89 for the same period of 2020.
Return on average assets was 1.12%, slightly lower than the 1.21% for the three months ended March 31, 2020.
Total loans outstanding increased by $24.3 million, reaching $2.65 billion as of March 31, 2021.
Forward Guidance
No specific forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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