-
Posted by
Two Blokes Jul 28 -
Filed in
Stock
-
2 views
First Financial delivered strong Q2 results, with EPS beating estimates and an improved net interest margin, driven by lower funding costs and higher yields. Organic growth remains challenging, but loan portfolio quality is solid, with low nonperforming loans and adequate reserves supporting stable credit costs. Capital position is robust, supporting a secure 3.7% dividend yield; reinvestment tailwinds should lift EPS to at least $6 over the next year.
