First Financial
THFF on Nasdaq. First Financial Corporation sells banking services to people and businesses. Market value $888m.
Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Financial services stocks that passed both tests
This is not advice. Check the numbers below.
Yearly profit per dollar of owners' money: 12 cents. Above 10 is good.
What you pay for each dollar of net assets: $1.31.
Profit per $100 you pay: $9.58.
Quality score: 68 of 100. Price score: 92 of 100. Our list needs 70 on quality and 60 on price.
$74.39 a share, 45% above its 1-year low
Over the past year the price has ranged from $51.21 to $84.17.
Dividend: 2.7% a year
Paid every year for at least 5 years
Payouts have jumped around in recent years, so this may not repeat.
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | n/a | n/a | n/a | n/a | n/a |
| Operating margin | |||||
| Operating margin | n/a | n/a | n/a | n/a | n/a |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.01bn | 0.01bn | 0.01bn | 0.01bn | 0.01bn |
Health checks
- Free cash flow positiveDoesn't apply to banks and insurers
- Accounting checksDoesn't apply to banks and insurers
- DebtDoesn't apply to banks and insurers
- Revenue growth, five yearsUnknown
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Profit: $23 million, up 22% on a year ago.
- Spare cash over the past 12 months: $93 million, up from $66 million.
| Quarter to | Amount |
|---|---|
| September 2024 | $9m |
| December 2024 | $16m |
| March 2025 | $18m |
| June 2025 | $19m |
| September 2025 | $21m |
| December 2025 | $21m |
| March 2026 | $20m |
| June 2026 | $23m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 4 March 2026
- Next quarterly (estimated, 10-Q)
- 5 November 2026
Who owns it
3 long-term investors we follow own it, unchanged from 3 last quarter. 200 funds in all.
- Hotchkis & WileyHotchkis & Wiley team
- Value
- $9m
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| LSV Asset ManagementJosef Lakonishok | $30m | <0.1% | Cut |
| Hotchkis & WileyHotchkis & Wiley team | $9m | <0.1% | |
| GMOJeremy Grantham | $354,520 | <0.1% | Cut |
Largest holders overall
- BlackRock$128mAdded
- Dimensional Fund Advisors LP$55m
- First Financial$49m
- State Street$40mAdded
- Vanguard Capital Management$38mAdded
- Charles Schwab Investment Management$37mAdded
- American Century Companies$32mAdded
- LSV Asset Management$30mCut
- Geode Capital Management$24mAdded
- Vanguard Portfolio Management$23mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- BlackRock, Inc.Passive investor8.6%−4.0 ptsSince 31 March 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock, Inc. Passive investor | 8.6%−4.0 pts | 31 March 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 2 insiders bought $127,925 of shares on the open market. 1 sold $142,701.
- McDonald James ODirectorBought
- Date
- 16 July 2026
- Shares
- 84
- Price
- $75.00
- Value
- $6,325
- Franklin Mark AllenCHIEF LENDING OFFICERSold
- Date
- 2 March 2026
- Shares
- 2,209
- Price
- $64.60
- Value
- $142,701
- Jensen Susan MDirectorBought
- Date
- 4 December 2025
- Shares
- 28
- Price
- $60.23
- Value
- $1,686
- McDonald James ODirectorBought
- Date
- 13 October 2025
- Shares
- 2,295
- Price
- $52.25
- Value
- $119,914
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 16 July 2026 | McDonald James O Director | Bought | 84 | $75.00 | $6,325 |
| 2 March 2026 | Franklin Mark Allen CHIEF LENDING OFFICER | Sold | 2,209 | $64.60 | $142,701 |
| 4 December 2025 | Jensen Susan M Director | Bought | 28 | $60.23 | $1,686 |
| 13 October 2025 | McDonald James O Director | Bought | 2,295 | $52.25 | $119,914 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.