Raymond James Financial Initiates Coverage on First Financial Corporation Indiana (NASDAQ:THFF)

Posted by on Jul 11th, 2026

Equities research analysts at Raymond James Financial started coverage on shares of First Financial Corporation Indiana (NASDAQ:THFF – Get Free Report) in a research note issued to investors on Thursday, Marketbeat Ratings reports. The brokerage set a “market perform” rating on the bank’s stock.

Several other equities analysts have also issued reports on THFF. Keefe, Bruyette & Woods lifted their target price on First Financial Corporation Indiana from $68.00 to $70.00 and gave the company a “market perform” rating in a research note on Tuesday, May 5th. Weiss Ratings raised shares of First Financial Corporation Indiana from a “buy (b)” rating to a “buy (a-)” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $70.00.

Check Out Our Latest Analysis on THFF

First Financial Corporation Indiana Stock Down 0.3%

First Financial Corporation Indiana stock opened at $75.22 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.32. The firm has a market cap of $894.37 million, a P/E ratio of 11.06 and a beta of 0.42. The business has a fifty day moving average of $71.53 and a two-hundred day moving average of $66.60. First Financial Corporation Indiana has a twelve month low of $51.21 and a twelve month high of $78.74.

First Financial Corporation Indiana (NASDAQ:THFF – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The bank reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.03. The business had revenue of $68.15 million for the quarter, compared to the consensus estimate of $69.57 million. First Financial Corporation Indiana had a return on equity of 12.81% and a net margin of 22.82%. On average, analysts forecast that First Financial Corporation Indiana will post 7.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On First Financial Corporation Indiana

Several hedge funds and other institutional investors have recently modified their holdings of THFF. EverSource Wealth Advisors LLC grew its position in First Financial Corporation Indiana by 400.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the bank’s stock worth $32,000 after purchasing an additional 468 shares during the last quarter. Quantbot Technologies LP purchased a new position in shares of First Financial Corporation Indiana in the second quarter worth $47,000. Smartleaf Asset Management LLC lifted its stake in shares of First Financial Corporation Indiana by 135.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,396 shares of the bank’s stock worth $85,000 after buying an additional 804 shares during the period. Advisory Services Network LLC purchased a new stake in shares of First Financial Corporation Indiana during the third quarter valued at $89,000. Finally, PNC Financial Services Group Inc. increased its position in shares of First Financial Corporation Indiana by 16.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,566 shares of the bank’s stock valued at $95,000 after acquiring an additional 216 shares during the period. 72.74% of the stock is owned by hedge funds and other institutional investors.

First Financial Corporation Indiana Company Profile

(Get Free Report)

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.

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