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Dec 31, 2023
First Financial Q4 2023 Earnings Report
First Financial Corporation's Q4 2023 results were announced, revealing a decrease in net income and earnings per share compared to the same period in 2022, alongside an increase in average total loans and a definitive agreement with SimplyBank was signed.
Key Takeaways
First Financial Corporation reported a net income of $12.4 million for Q4 2023, down from $16.5 million in Q4 2022. Diluted earnings per share decreased to $1.06 from $1.37 year-over-year. Average total loans increased, and a definitive agreement with SimplyBank was signed.
Net income was $12.4 million, a decrease from $16.5 million in the same period of 2022.
Diluted net income per common share was $1.06, compared to $1.37 for the same period of 2022.
Average total loans increased to $3.13 billion, versus $3.02 billion for the comparable period in 2022.
A definitive agreement with SimplyBank was signed, expanding presence into new markets.
Forward Guidance
No specific forward guidance provided in the document.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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