KBW Sticks to Its Hold Rating for First Financial Corporation Indiana

KBW analyst Damon Delmonte reiterated a Hold rating on First Financial Corporation Indiana (NASDAQ: THFF) yesterday and set a price target of $48. The company’s shares closed yesterday at $48.40.

According to TipRanks.com, Delmonte is a 5-star analyst with an average return of 24.9% and a 94.8% success rate. Delmonte covers the Financial sector, focusing on stocks such as Univest Corporation Of Pennsylvania, Western New England Bancorp Inc, and First Connecticut Bancorp Inc.

First Financial Corporation Indiana has an analyst consensus of Hold, with a price target consensus of $48.

Based on First Financial Corporation Indiana’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $36.24 million and quarterly net profit of $8.35 million. In comparison, last year the company earned revenue of $35.57 million and had a net profit of $8.16 million.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of THFF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

First Financial Corp. (Indiana) operates as a bank holding, which engages in the provision of providing financial services. It also offers financial services including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services.