RBC Capital raised the firm’s price target on First Financial Bancorp to $29 from $25 and keeps a Sector Perform rating on the shares. The company’s Q2 was a strong revenue quarter with better net interest income and fee trends, the analyst tells investors in a research note. Loan growth remains solid, while the net interest margin was stable, the firm added.
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Read More on FFBC:
- First Financial Bancorp Announces Second Quarter 2024 Financial Results and Quarterly Dividend Increase
- First Financial Bancorp reports Q2 adjusted EPS 65c, consensus 59c
- FFBC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- First Financial Bancorp price target raised to $25 from $24 at RBC Capital
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